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mcqoptions.com Latest Questions

Nirmal Nirmal Rajan
Nirmal Nirmal Rajan
Asked: 3 years agoIn: Interest

A sum of Rs. 6400 was invested at a rate of 24% for 1.5 years compounded half yearly. Find the compound interest.
1. Rs. 2791.54
2. Rs. 2291.54
3. Rs. 2591.54
4. Rs. 2991.54

Probability
  • 0
  • 1
  • 12
  • 0
Gauransh Raj Naik
Gauransh Raj Naik
Asked: 3 years agoIn: Interest

Find the simple interest, when principal is Rs. 3000/- at the rate of 5% per annum for 2 years.
1. Rs. 303
2. Rs. 300
3. Rs. 305
4. Rs. 307

Probability
  • 0
  • 1
  • 12
  • 0
Venkat Ratti
Venkat Ratti
Asked: 3 years agoIn: Interest

What would be the interest accrued in two years on Rs. 300 if the sum is invested at 10% interest compounded annually?
1. Rs. 60.50
2. Rs. 60
3. Rs. 61.50
4. Rs. 63

Probability
  • 0
  • 1
  • 12
  • 0
Owais Sarraf
Owais Sarraf
Asked: 3 years agoIn: Interest

Rs. 4000 are invested for 3 years in a scheme of simple interest at a rate of 20% per annum. What will be the amount (in Rs.) obtained after 3 years?
1. Rs. 6400 
2. Rs. 6000
3. Rs. 7200
4. Rs. 6600

Probability
  • 0
  • 1
  • 12
  • 0
Zara Dhingra
Zara Dhingra
Asked: 3 years agoIn: Interest

A man deposited an amount in the bank at 12% annum simple interest for 3 years, if he had deposited the amount for the same time and rate in compound interest he could have received Rs.1123.2 more. Calculate the amount deposited by the man.
1. Rs.25000
2. Rs.28000
3. Rs.45000
4. Rs.15000
5. Rs.22000

Probability
  • 0
  • 1
  • 11
  • 0
Nilima Govind Kapur
Nilima Govind Kapur
Asked: 3 years agoIn: Interest

In how many years will the simple interest on a sum of money be equal to the principle at rate of \(12 \dfrac{2}{4}\%\) p.a.?
1. 8 years
2. 5 years
3. 7 years
4. 6 years

Probability
  • 0
  • 1
  • 11
  • 0
Kiran Rout
Kiran Rout
Asked: 3 years agoIn: Interest

The amount obtained by investing a certain sum at r% p. a. for 4 years simple interest is equal to the simple interest on the same sum at the same rate for 14 years. What is the value of r?
1. 10
2. 8
3. 9
4. 12

Probability
  • 0
  • 1
  • 11
  • 0
Drishti Chadha
Drishti Chadha
Asked: 3 years agoIn: Interest

The difference between compound interest and simple interest on a sum of Rs.9,000 for 2 years at 7% p.a. payable yearly is
1. Rs.44.17
2. Rs.44.10
3. Rs.49
4. Rs.42

Probability
  • 0
  • 1
  • 11
  • 0
Chhavi Agrawal
Chhavi Agrawal
Asked: 3 years agoIn: Interest

Any sum invested for 3.5 years at 12% annual interest becomes Rs. 994 at maturity. What was the principal amount invested?
1. Rs. 700  
2. Rs. 750  
3. Rs. 725   
4. Rs. 720

Probability
  • 0
  • 1
  • 10
  • 0
Naresh Deshpande
Naresh Deshpande
Asked: 3 years agoIn: Interest

An amount becomes twice in 15 years. Find the rate%
1. 20/3 %
2. 17/5 %
3. 16/3 %
4. 22/7 %

Probability
  • 0
  • 1
  • 10
  • 0
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