93 + Mcqs in Compound Interest Page 2 McqOptions

51.	If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?
A.	Rs 1575.20
B.	Rs 1600
C.	Rs 1625.80
D.	Rs 2000
Answer» B. Rs 1600

Discussion

52.	If the interest is payable annually than the principal on which the compound interest for 3 years at 10% P.a is Rs 33/- is given by:__________?
A.	Rs 900
B.	Rs 1000
C.	Rs 1050
D.	Rs 1100
Answer» C. Rs 1050

Discussion

53.	If the C.I. on a sum for 2 years at 12 1/2 % per annum is Rs. 510, the S.I. on the same sum at the same rate for the same period of time is________?
A.	Rs. 400
B.	Rs. 450
C.	Rs. 460
D.	Rs. 480
Answer» E.

Discussion

54.	If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______?
A.	Rs.8082
B.	Rs.7800
C.	Rs.8100
D.	Rs.8112
Answer» E.

Discussion

55.	If Rs. 7500 are borrowed at C. I at the rate of 4 % per annum then after 2 years, the amount to be paid is_______?
A.	Rs. 8082
B.	Rs. 7800
C.	Rs. 8100
D.	Rs. 8112
Answer» E.

Discussion

56.	How much would a sum of Rs 16000 approximately amount to in 2 years at 10% P.a compounded half-yearly?
A.	Rs 17423
B.	Rs 18973
C.	Rs 19448
D.	Rs 19880
Answer» D. Rs 19880

Discussion

57.	How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?
A.	Rs.482
B.	Rs.424
C.	Rs.842
D.	Rs.512
Answer» B. Rs.424

Discussion

58.	Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?
A.	Rs. 16,500
B.	Rs. 16,525.50
C.	Rs. 16,537.50
D.	Rs. 18,150
Answer» D. Rs. 18,150

Discussion

59.	Find the sum The difference between the compound and S.I. on a certain sum of money for 2 years at 10% per annum is Rs.15of money?
A.	1500
B.	1800
C.	2100
D.	1950
Answer» B. 1800

Discussion

60.	Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?
A.	Rs.420
B.	Rs.400
C.	Rs.375
D.	Rs.380
Answer» C. Rs.375

Discussion

61.	Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?
A.	6 years
B.	1 year
C.	2 years
D.	4 years
Answer» E.

Discussion

62.	Find the Compound Interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly?
A.	Rs. 1851
B.	Rs. 1941
C.	Rs. 1951
D.	Rs. 1961
Answer» D. Rs. 1961

Discussion

63.	Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?
A.	Rs.1261
B.	Rs.1440
C.	Rs.1185
D.	Rs.1346
Answer» B. Rs.1440

Discussion

64.	Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)
A.	Rs.4273
B.	Rs.4613
C.	Rs.4064
D.	Rs.4266
E.	None of these
Answer» E. None of these

Discussion

65.	Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?
A.	Rs.17684
B.	Rs.1684
C.	Rs.2522
D.	Rs.3408
Answer» D. Rs.3408

Discussion

66.	Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?
A.	Rs.1261
B.	Rs.9261
C.	Rs.9621
D.	Rs.9162
Answer» C. Rs.9621

Discussion

67.	Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?
A.	Rs.460
B.	Rs.5640
C.	Rs.5460
D.	Rs.5604
Answer» D. Rs.5604

Discussion

68.	Find out the C.I on Rs.5000 at 4% p.a. compound half-yearly for 1 1/2 years.
A.	Rs.420.20
B.	Rs.319.06
C.	Rs.306.04
D.	Rs.294.75
Answer» D. Rs.294.75

Discussion

69.	Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000?
A.	Rs.81000
B.	Rs.80000
C.	Rs.75000
D.	Rs.64000
Answer» B. Rs.80000

Discussion

70.	Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest?
A.	18% p.a.
B.	22% p.a.
C.	20% p.a.
D.	24% p.a.
E.	None of these.
Answer» D. 24% p.a.

Discussion

71.	At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?
A.	5%
B.	6%
C.	10%
D.	15%
Answer» D. 15%

Discussion

72.	At the end of three years what will be the compound interest at the rate of 10% p.a. on an amount of Rs.20000?
A.	Rs.6620
B.	Rs.6500
C.	Rs.6800
D.	Rs.6400
Answer» B. Rs.6500

Discussion

73.	Afnan wants to borrow Rs.6000 at rate of interest 6% p.a. at S.I and lend the same amount at C.I at same rate of interest for two years. What would be his income in the above transaction?
A.	Rs.21.60
B.	Rs.24.00
C.	Rs.25.20
D.	Rs.27.80
E.	None of these
Answer» B. Rs.24.00

Discussion

74.	A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.
A.	Rs.2520
B.	Rs.3120
C.	Rs.3320
D.	Rs.2760
E.	None of these
Answer» C. Rs.3320

Discussion

75.	A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest?
A.	7 years
B.	10 years
C.	15 years
D.	20 years
Answer» D. 20 years

Discussion

76.	A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in?
A.	7 years
B.	10 years
C.	15 years
D.	20 years
Answer» D. 20 years

Discussion

77.	A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?
A.	16
B.	8
C.	12
D.	20
Answer» D. 20

Discussion

78.	A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.
A.	Rs.4000
B.	Rs.1000
C.	Rs.1250
D.	Rs.2000
Answer» E.

Discussion

79.	A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was?
A.	Rs. 1620
B.	Rs. 1640
C.	Rs. 1680
D.	Rs. 1700
Answer» C. Rs. 1680

Discussion

80.	A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______?
A.	2 1/2 %
B.	4%
C.	5%
D.	6 2/3 %
Answer» D. 6 2/3 %

Discussion

81.	A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?
A.	15%
B.	10%
C.	7 1/2 %
D.	8%
Answer» C. 7 1/2 %

Discussion

82.	A sum of money becomes Rs.6690 after three years and Rs.10.035 after six years on compound interest. The sum is________?
A.	Rs.4400
B.	Rs.4445
C.	Rs.4460
D.	Rs.4520
Answer» D. Rs.4520

Discussion

83.	A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is_________?
A.	5 %
B.	10 %
C.	15 %
D.	20 %
Answer» C. 15 %

Discussion

84.	A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is_________?
A.	Rs.1500
B.	Rs.2000
C.	Rs.2500
D.	Rs.3000
Answer» D. Rs.3000

Discussion

85.	A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?
A.	Rs.150
B.	Rs.140
C.	Rs.130
D.	Data insufficient for the answer
Answer» E.

Discussion

86.	A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?
A.	Rs.25600.24
B.	Rs.32000.50
C.	Rs.18060.36
D.	Rs.18600
Answer» B. Rs.32000.50

Discussion

87.	A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum?
A.	Rs.7500
B.	Rs.7000
C.	Rs.8000
D.	Rs.6500
E.	None of these
Answer» B. Rs.7000

Discussion

88.	A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?
A.	Rs 4500
B.	Rs 5000
C.	Rs 5500
D.	Rs 6000
Answer» C. Rs 5500

Discussion

89.	A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.
A.	Rs.2205
B.	Rs.2200
C.	Rs.2160
D.	Rs.2040
Answer» B. Rs.2200

Discussion

90.	A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?
A.	Rs. 565.25
B.	Rs. 635
C.	Rs. 662.02
D.	Rs. 666.50
Answer» D. Rs. 666.50

Discussion

91.	A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.
A.	Rs.500
B.	Rs.250
C.	Rs.5012.50
D.	Rs.5062.50
E.	None of these.
Answer» F.

Discussion

92.	A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?
A.	Rs 230
B.	Rs 232
C.	Rs 600
D.	Rs 832
Answer» C. Rs 600

Discussion

93.	A deposited Rs 6000 in a bank at 5% Per annum simple interest. B deposited Rs 5000 at 8% P.a Compound interest. After 2 years the difference between their interest will be:_________?
A.	Rs 230
B.	Rs 232
C.	Rs 600
D.	Rs 832
Answer» C. Rs 600

Discussion

Explore topic-wise MCQs in Mathematics Quizzes.

If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?

If the interest is payable annually than the principal on which the compound interest for 3 years at 10% P.a is Rs 33/- is given by:__________?

If the C.I. on a sum for 2 years at 12 1/2 % per annum is Rs. 510, the S.I. on the same sum at the same rate for the same period of time is________?

If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______?

If Rs. 7500 are borrowed at C. I at the rate of 4 % per annum then after 2 years, the amount to be paid is_______?

How much would a sum of Rs 16000 approximately amount to in 2 years at 10% P.a compounded half-yearly?

How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?

Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

Find the sum The difference between the compound and S.I. on a certain sum of money for 2 years at 10% per annum is Rs.15of money?

Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?

Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?

Find the Compound Interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly?

Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)

Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?

Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?

Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?

Find out the C.I on Rs.5000 at 4% p.a. compound half-yearly for 1 1/2 years.

Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000?

Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest?

At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?

At the end of three years what will be the compound interest at the rate of 10% p.a. on an amount of Rs.20000?

Afnan wants to borrow Rs.6000 at rate of interest 6% p.a. at S.I and lend the same amount at C.I at same rate of interest for two years. What would be his income in the above transaction?

A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.

A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest?

A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in?

A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?

A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.

A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was?

A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______?

A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?

A sum of money becomes Rs.6690 after three years and Rs.10.035 after six years on compound interest. The sum is________?

A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is_________?

A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is_________?

A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?

A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?

A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum?

A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?

A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?

A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.

A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?

A deposited Rs 6000 in a bank at 5% Per annum simple interest. B deposited Rs 5000 at 8% P.a Compound interest. After 2 years the difference between their interest will be:_________?