Data Interpretation Questions play an important role in all the competitive exams, so we are providing here the most expected Data Interpretation Set Which will help you to boost your Data Interpretation skills. All the aspirants who are preparing for bank examinations or other competitive examinations can take benefits from this set.
The given bar graph shows the total amount (in thousands) in different schemes.
If the sum of money invested in scheme A offers simple interest with x% of rate of interest per annum for 6 months is Rs 200 less than the simple interest on the same sum for 15 months at 5% per annum, then find the value of x.
Correct
According to the question,
(8000*5*15/(100*12))-(8000*x*6/(100*12))=200
500-40x=200
300=40x
x=7.5%
Incorrect
According to the question,
(8000*5*15/(100*12))-(8000*x*6/(100*12))=200
500-40x=200
300=40x
x=7.5%
Question 2 of 5
2. Question
If the compound interest on the sum of scheme B for 2 years at certain percentage per annum is Rs.2520, then the simple interest on it at the same rate for same period would be?
Correct
According to the question,
2520=12000*(1+x/100)2
-12000
14520=12000*[(100+x)2
/10000]
(100+x)2=12100
100+x=110
x=10%
Then, SI=12000*10*(2/100) =Rs. 2400
Incorrect
According to the question,
2520=12000*(1+x/100)2
-12000
14520=12000*[(100+x)2
/10000]
(100+x)2=12100
100+x=110
x=10%
Then, SI=12000*10*(2/100) =Rs. 2400
Question 3 of 5
3. Question
What is the difference between the simple and compound interest on scheme D after three years at the rate of 10% per annum?
If scheme E amount is divided into two parts such that the simple interest on the first part for 3 years at 10% per annum is equal to the simple interest on the second part for 5 years at 16% per annum. Find the larger part of the amount.
Correct
Let Rs. x be the first part.
Then, x*3*(10/100)=(22000-x)*5*(16/100)
30x=1760000-80x
110x=1760000
x=Rs.16000
Incorrect
Let Rs. x be the first part.
Then, x*3*(10/100)=(22000-x)*5*(16/100)
30x=1760000-80x
110x=1760000
x=Rs.16000
Question 5 of 5
5. Question
In Scheme C, the rate of simple interest on sum of money is 8% per annum for first two years, 10% per annum for the next three years and 6% per annum for the period of the last three years. Find the simple interest accrued on a sum for the period of eight years.
Correct
SI for 8 years =20000*8*(2/100)+20000*10*(3/100)+20000*6*(3/100)
=3200+6000+3600
=Rs 12800
Incorrect
SI for 8 years =20000*8*(2/100)+20000*10*(3/100)+20000*6*(3/100)
=3200+6000+3600
=Rs 12800
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