Insta–DART (Daily Aptitude and Reasoning Test) 2020 - 21
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Considering the alarming importance of CSAT in UPSC CSE Prelims exam and with enormous requests we received recently, InsightsIAS has started Daily CSAT Test to ensure students practice CSAT Questions on a daily basis. Regular Practice would help one overcome the fear of CSAT too.
We are naming this initiative as Insta– DART – Daily Aptitude and Reasoning Test. We hope you will be able to use DART to hit bull’s eye in CSAT paper and comfortably score 100+ even in the most difficult question paper that UPSC can give you in CSP-2021. Your peace of mind after every step of this exam is very important for us.
Looking forward to your enthusiastic participation (both in sending us questions and solving them on daily basis on this portal).
Wish you all the best ! 🙂
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Question 1 of 5
1. Question
2100 is lent at compound interest of 5% per annum for 2 years. Find the amount after two years.
Correct
Answer : b
2100 + 5% of 2100= 2100 + 105= 2205 (after 1 year). Next year it would become:
2205 + 5% of 2205 = 2205 +110.25 = 2315.25
Incorrect
Answer : b
2100 + 5% of 2100= 2100 + 105= 2205 (after 1 year). Next year it would become:
2205 + 5% of 2205 = 2205 +110.25 = 2315.25
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Question 2 of 5
2. Question
Rs. 1694 is repaid after two years at compound interest. Which of the following is the value of the principal and the rate?
Correct
Answer : c
Check by options ,take 1400 ,now after increment of 10% in 1400 it will be=1540
Then again after doing increment in 1540 by 10% ,it will be=1694
Incorrect
Answer : c
Check by options ,take 1400 ,now after increment of 10% in 1400 it will be=1540
Then again after doing increment in 1540 by 10% ,it will be=1694
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Question 3 of 5
3. Question
Find the difference between the simple and the compound interest at 5% per annum for 2 years on a principal of Rs. 2000.
Correct
Answer : a
Simple Interest for 2 years=100 + 100 = 200.
Compound interest for 2 years: Year 1=5% of 2000 = 100.
Year 2: 5% of 2100= 105 = Total compound interest = Rs. 205,
Difference between the Simple and Compound interest =205 – 200 = Rs.5
Incorrect
Answer : a
Simple Interest for 2 years=100 + 100 = 200.
Compound interest for 2 years: Year 1=5% of 2000 = 100.
Year 2: 5% of 2100= 105 = Total compound interest = Rs. 205,
Difference between the Simple and Compound interest =205 – 200 = Rs.5
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Question 4 of 5
4. Question
Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs. 1200 is Rs. 1440.
Correct
Answer : c
Interest in 2 years =Rs. 240.
Interest per year =Rs. 120
Rate of interest 10%
Incorrect
Answer : c
Interest in 2 years =Rs. 240.
Interest per year =Rs. 120
Rate of interest 10%
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Question 5 of 5
5. Question
After how many years will a sum of Rs. 12,500 become Rs. 17,500 at the rate of 10% per annum?
Correct
Answer : c
12500 @10% simple interest would give an interest of Rs. 1250 per annum. For a total interest of Rs. 5000, it would take 4 years.
Incorrect
Answer : c
12500 @10% simple interest would give an interest of Rs. 1250 per annum. For a total interest of Rs. 5000, it would take 4 years.
