MCQOPTIONS
Saved Bookmarks
This section includes 54 Mcqs, each offering curated multiple-choice questions to sharpen your Arithmetic knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
Shyam deposited Rs. 80000 in a bank which pays 10% compound interest for 2 years. Then after 2 years, he started a business with amount (sum + interest) along with Ram, with capital of Rs. 60,000. Shyam invested for 6 months and left. Ram invested for the whole year. What will be the ratio of their profits at the end of the year? |
| A. | 150 : 221 |
| B. | 121 : 150 |
| C. | 121 : 130 |
| D. | 130 : 121 |
| E. | 155 : 101 |
| Answer» C. 121 : 130 | |
| 52. |
A bank lent Rs. X to a farmer at 50/3% p.a for 1 year73 days. How much Compound interest the farmer had to pay if the Simple interest for the first year is Rs. 3000? The values of Compound Interest and Sum lent are given in the options; choose the option which correctly states the above question. |
| A. | Rs. 6300, Rs. 36000 |
| B. | Rs. 3700, Rs. 18000 |
| C. | Rs. 5800, Rs. 18000 |
| D. | Rs. 5400, Rs. 18000 |
| E. | Rs. 3700, Rs. 12000 |
| Answer» C. Rs. 5800, Rs. 18000 | |
| 53. |
A man saves Rs.20,000 at the beginning of each year and puts the money in a bank that pays 10% interest per year, interest being compounded annually. What would be the total savings of the man at the end of 6 years? |
| A. | Rs. 196840 |
| B. | Rs. 169840 |
| C. | Rs. 189480 |
| D. | Rs. 199480 |
| E. | Rs. 168840 |
| Answer» C. Rs. 189480 | |
| 54. |
A man lent Rs. 4500 at 30% compound interest per annum for 3 years. What is the difference between the interest earned by the man in the 2nd year only and the interest earned by the man in the 3rd year only? |
| A. | Rs. 545.5 |
| B. | Rs. 502 |
| C. | Rs. 526.5 |
| D. | Rs. 532 |
| E. | Rs. 529 |
| Answer» D. Rs. 532 | |