CAT Simple Interest and Compound Interest previous year questions

12 Simple Interest and Compound Interest questions from CAT 2021–2025 (Quant), each with its answer and a step-by-step solution.

• Q6At a certain simple rate of interest, a given sum amounts to ₹13920 in 3 years, and to ₹18960 in 6 years and 6 months.…CAT 2025 Slot 1 · Quant · Simple Interest and Compound Interest
• Q18A loan of ₹1000 is fully repaid by two installments of ₹530 and ₹594, paid at the end of first and second year,…CAT 2025 Slot 2 · Quant · Simple Interest and Compound Interest
• Q12An amount of ₹10000 is deposited in bank A for a certain number of years at a simple interest of 5% per annum. On…CAT 2024 Slot 1 · Quant · Simple Interest and Compound Interest
• Q15Anil invests ₹22000 for 6 years in a scheme with 4% interest per annum, compounded half-yearly. Separately, Sunil…CAT 2024 Slot 2 · Quant · Simple Interest and Compound Interest
• Q11Aman invests ₹4000 in a bank at a certain rate of interest, compounded annually. If the ratio of the value of the…CAT 2024 Slot 3 · Quant · Simple Interest and Compound Interest
• Q16Anil invests ₹22000 for 6 years in a certain scheme with 4% interest per annum, compounded half-yearly. Sunil invests…CAT 2023 Slot 1 · Quant · Simple Interest and Compound Interest
• Q12Anil borrows ₹2 lakhs at an interest rate of 8% per annum, compounded half-yearly. He repays ₹10320 at the end of the…CAT 2023 Slot 2 · Quant · Simple Interest and Compound Interest
• Q16Alex invested his savings in two parts. The simple interest earned on the first part at 15% per annum for 4 years is…CAT 2022 Slot 1 · Quant · Simple Interest and Compound Interest
• Q18Mr. Pinto invests one-fifth of his capital at 6%, one-third at 10% and the remaining at 1%, each rate being simple…CAT 2022 Slot 2 · Quant · Simple Interest and Compound Interest
• Q9Nitu has an initial capital of ₹20,000. Out of this, she invests ₹8,000 at 5.5% in bank A, ₹5,000 at 5.6% in bank B…CAT 2022 Slot 3 · Quant · Simple Interest and Compound Interest
• Q21Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second…CAT 2021 Slot 1 · Quant · Simple Interest and Compound Interest
• Q21Bank A offers 6% interest rate per annum compounded half yearly. Bank B and Bank C offer simple interest but the…CAT 2021 Slot 3 · Quant · Simple Interest and Compound Interest