MCQOPTIONS
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MCQOPTIONS
This section includes 336 Mcqs, each offering curated multiple-choice questions to sharpen your Aptitude knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is: |
| A. | Rs. 120 |
| B. | Rs. 121 |
| C. | Rs. 122 |
| D. | Rs. 123 |
| Answer» C. Rs. 122 | |
| 52. |
The simple interest on a certain sum for 2 years at 10% per annum is Rs.90. The corresponding compound interest is? |
| A. | Rs. 99 |
| B. | Rs. 95.60 |
| C. | Rs. 94.50 |
| D. | Rs. 108 |
| Answer» D. Rs. 108 | |
| 53. |
What is the principle amount which earns Rs. 132 as compound interest for the second years at 10% per annum ? |
| A. | Rs. 1000 |
| B. | Rs. 1200 |
| C. | Rs. 1320 |
| D. | None of these |
| Answer» C. Rs. 1320 | |
| 54. |
The population of a country is 100 crore and it is the possibility that the population will become 13.31 crore in 3 yr. What will be the annual rate percent on this growth? |
| A. | 8% |
| B. | 12.7% |
| C. | 10% |
| D. | 15% |
| Answer» D. 15% | |
| 55. |
If the different between the compound interest and the simple interest on a certain sum for 2 yr at 8% per annum is 32, then the sum is |
| A. | 5000 |
| B. | 5550 |
| C. | 6000 |
| D. | 5250 |
| Answer» B. 5550 | |
| 56. |
What will be the principle, if the rate of 5% per annum can yield 410 as compound interest in 2 yr? |
| A. | 4000 |
| B. | 42000 |
| C. | 8000 |
| D. | 21000 |
| Answer» B. 42000 | |
| 57. |
The simple interest on a certain sum for 2 yr is 120 and compound interest is 129. Find the rate of interest. |
| A. | 14% |
| B. | 15% |
| C. | 12% |
| D. | none of the above |
| Answer» C. 12% | |
| 58. |
The height of a tree increases every year 1/8 times. If the present height of the tree is 64 cm, then what will be its height after 2 yr? |
| A. | 76 cm |
| B. | 80 cm |
| C. | 81 cm |
| D. | 84 cm |
| Answer» D. 84 cm | |
| 59. |
A sum, at the compound rate of interest, becomes 2 |
| A. | 5/2 |
| B. | 25/4 |
| C. | 125/8 |
| D. | 625/16 |
| Answer» D. 625/16 | |
| 60. |
An amount at the rate of 5% pa becomes 10 more at compound interest than that of simple interest after 2 yr. Calculate the principal. |
| A. | 4000 |
| B. | 4050 |
| C. | 5000 |
| D. | 5500 |
| Answer» B. 4050 | |
| 61. |
The cost price of an LCD TV set is 100000. If its price value depreciates at the rate of 10% pa. then what will be the price at the end of 3 yr? |
| A. | 80000 |
| B. | 85000 |
| C. | 90000 |
| D. | 72900 |
| Answer» E. | |
| 62. |
If the difference between the compound interest and simple interest on a sum of money at 5% pa for 2 yr is 16, then find the simple interest ? |
| A. | 840 |
| B. | 932 |
| C. | 520 |
| D. | 640 |
| Answer» E. | |
| 63. |
The compound interest is 6.40 more than the simple interest, if a sum is lent for 2 yr at 8% compound interest. Find the sum. |
| A. | 1800 |
| B. | 10000 |
| C. | 800 |
| D. | 1000 |
| Answer» E. | |
| 64. |
Vandana invested an amount of 8000 in a fixed deposit scheme for 2 yr at the rate of 5% pa compound interest. How much amount will Vandana get on maturity of the fixed deposit? |
| A. | 8000 |
| B. | 8890 |
| C. | 8888 |
| D. | 8820 |
| Answer» E. | |
| 65. |
Raja invested 15000 at the rate of 10 % pa for 1 yr. If the interest is compound half-yearly, then find the amount received by Raja at the end of the year. |
| A. | 16537.50 |
| B. | 18000 |
| C. | 19000.50 |
| D. | 20000 |
| Answer» B. 18000 | |
| 66. |
What amount will be received on a sum of 15000 in 1 |
| A. | 16596.88 |
| B. | 16789.08 |
| C. | 17630.77 |
| D. | 17389.12 |
| Answer» E. | |
| 67. |
The compound interest on 30000 at 7% pa for a certain time is 4347. The time is |
| A. | 2 yr |
| B. | 2.5 yr |
| C. | 3 yr |
| D. | 4 yr |
| Answer» B. 2.5 yr | |
| 68. |
What is the difference between compound interest and simple interest for 2 yr on the sum of 1250 at 4% pa? |
| A. | 3 |
| B. | 4 |
| C. | 2 |
| D. | 8 |
| Answer» D. 8 | |
| 69. |
The value of a machine depreciates every year at the rate of 10% on its value at the beginning of that years. If the present value of the machine is Rs. 729. Its worth 3 years ago was ? |
| A. | Rs. 947.10 |
| B. | Rs. 800 |
| C. | Rs. 1000 |
| D. | Rs. 750.87 |
| Answer» D. Rs. 750.87 | |
| 70. |
A tree increases annually by 1/8 th of its height. By how much will it increase after 2 years, if it stands today 64 cm high ? |
| A. | 72 cm |
| B. | 74 cm |
| C. | 75 cm |
| D. | 81 cm |
| Answer» E. | |
| 71. |
A loan was repaid in two annual instalments of Rs. 121 each. if the rate of interest be 10% per annum. compounded annually, the sum borrowed was ? |
| A. | Rs. 200 |
| B. | Rs. 210 |
| C. | Rs. 217.80 |
| D. | Rs. 280 |
| Answer» C. Rs. 217.80 | |
| 72. |
A sum of Rs. 12000 deposited at compound interest becomes doubles after 5 years. After 20 years it will become ? |
| A. | 120000 |
| B. | 192000 |
| C. | 124000 |
| D. | 96000 |
| Answer» C. 124000 | |
| 73. |
A loan was repaid in two annual instalment of 1089 each. If the rate of interest be 10% per annum compounded annually, the sum borrowed was ? |
| A. | 1840 |
| B. | 1890 |
| C. | 1850 |
| D. | 1860 |
| Answer» C. 1850 | |
| 74. |
If the interest of a certain sum for the first year at 8% p.a. compound interest is Rs. 48. What will be the interest for the second years ? |
| A. | Rs. 52.55 |
| B. | Rs. 51.84 |
| C. | Rs. 58.60 |
| D. | Rs. 53.04 |
| Answer» C. Rs. 58.60 | |
| 75. |
Find the least number of complete years in which a sum of money put out at 20 percent compound interest will be more than doubled ? |
| A. | 2 years |
| B. | 3 years |
| C. | 4 years |
| D. | Data inadequate |
| Answer» D. Data inadequate | |
| 76. |
If the compound interest of a certain sum of money for 2 years at 5 % p.a. is Rs. 328. what will be the simple interest on the same time and at the same rate ? |
| A. | Rs. 320 |
| B. | Rs. 322 |
| C. | Rs. 325 |
| D. | Rs. 326 |
| Answer» B. Rs. 322 | |
| 77. |
The difference between simple interest and compound interest on Rs. 600 for 1 years at 10% per annum,reckoned half yearly is ? |
| A. | Nil |
| B. | Rs. 6.60 |
| C. | Rs. 4.40 |
| D. | Rs. 1.50 |
| Answer» E. | |
| 78. |
A sum of money becomes Rs. 6690 after three years and Rs. 10035 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 | |
| 79. |
What will be the compound interest of Rs. 8000 at 10% p.a. for 1 |
| A. | Rs. 1261 |
| B. | Rs. 1385 |
| C. | Rs. 1480 |
| D. | Rs. 1255 |
| Answer» B. Rs. 1385 | |
| 80. |
A sum of money amounts to Rs. 10648 in 3 years and Rs. 9680 in 2 years. The rate of interest is ? |
| A. | 5% |
| B. | 10% |
| C. | 15% |
| D. | 20% |
| Answer» C. 15% | |
| 81. |
A sum is invested at compound interest payable annually. The interest in two successive years was Rs. 500 and Rs. 540. The sum is ? |
| A. | Rs. 3750 |
| B. | Rs. 5000 |
| C. | Rs. 5600 |
| D. | Rs. 6250 |
| Answer» E. | |
| 82. |
The difference between simple interest and compound interest at the same rate for Rs. 5000 for 2 years is Rs. 72.The rate of interest is ? |
| A. | 10% |
| B. | 12% |
| C. | 6% |
| D. | 8% |
| Answer» C. 6% | |
| 83. |
The population of a city increases at the rate of 5% pa. If the present population of the city is 185220, then what was its population 3 yr ago? |
| A. | 181500 |
| B. | 183433 |
| C. | 160000 |
| D. | 127783 |
| Answer» D. 127783 | |
| 84. |
A sum of 400 amounts to 441 in 2 yr. What will be its amount, if the rate of interest is increased by 5% ? |
| A. | 484 |
| B. | 560 |
| C. | 512 |
| D. | 600 |
| Answer» B. 560 | |
| 85. |
The difference between compound and simple rates of interest on 10000 for 3 yr at 5% per annum is |
| A. | 76.25 |
| B. | 76.75 |
| C. | 76.50 |
| D. | 76 |
| Answer» B. 76.75 | |
| 86. |
A borrowed sum was paid in the two annual installments of 121 each. If the rate of compound interest is 10% pa, what sum was borrowed? |
| A. | 217.80 |
| B. | 210 |
| C. | 220 |
| D. | 200 |
| Answer» C. 220 | |
| 87. |
If 3000 amounts to 4329 at compound interest in a certain time , then 3000 amounts to what inhalf of the time? |
| A. | 3400 |
| B. | 3600 |
| C. | 38000 |
| D. | 3520 |
| Answer» C. 38000 | |
| 88. |
The principal amount which yields a compound interest of 208 in the second year at 4% is |
| A. | 5000 |
| B. | 10000 |
| C. | 130000 |
| D. | 6500 |
| Answer» B. 10000 | |
| 89. |
Find the compound interest for a sum of 9375 in 2 yr, if the rate of interest for the first year is 2% and for the second year is 4%. |
| A. | 570 |
| B. | 670 |
| C. | 770 |
| D. | 760 |
| Answer» B. 670 | |
| 90. |
At what per cent annual compound interest, rate, a certain sum amounts to its 27 times in 3 yr? |
| A. | 100% |
| B. | 150% |
| C. | 75% |
| D. | 200% |
| Answer» E. | |
| 91. |
Simple interest on a sum at 4% per annum for 2 years is Rs.80. The compound interest on the same sum for the same period is ? |
| A. | Rs. 81.60 |
| B. | Rs. 160 |
| C. | Rs. 1081.60 |
| D. | None of these |
| Answer» B. Rs. 160 | |
| 92. |
The compound interest on Rs. 64,000 for 3 years, compounded annually at 7.5% p.a. is |
| A. | Rs. 14,400 |
| B. | Rs. 15,705 |
| C. | Rs. 15,507 |
| D. | Rs. 15,075 |
| Answer» D. Rs. 15,075 | |
| 93. |
|
||||
| A. | 400 | ||||
| B. | 450 | ||||
| C. | 460 | ||||
| D. | 480 | ||||
| Answer» E. | |||||
| 94. |
The difference of compound interest on Rs.800 for 1 year at 20% per annum when compound half yearly and quarterly is ? |
| A. | Nil |
| B. | Rs. 2.50 |
| C. | Rs. 4.40 |
| D. | Rs. 6.60 |
| Answer» D. Rs. 6.60 | |
| 95. |
The compound interest of Rs. 20480 at 6 |
| A. | Rs. 3000 |
| B. | Rs. 3131 |
| C. | Rs. 2929 |
| D. | Rs. 3636 |
| Answer» D. Rs. 3636 | |
| 96. |
The difference between simple interest and compound interest of a certain sum of money at 20% per annum for 2 years is 48. Then the sum is |
| A. | 1,000 |
| B. | 1, 200 |
| C. | 1, 500 |
| D. | 2, 000 |
| Answer» C. 1, 500 | |
| 97. |
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is : |
| A. | 620 |
| B. | 630 |
| C. | 640 |
| D. | 625 |
| Answer» E. | |
| 98. |
In how many years will 2,000 amounts to 2,420 at 10% per annum compound interest? |
| A. | 3 years |
| B. | <table><tr><td rowspan="2">2</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
| C. | 2 years |
| D. | <table><tr><td rowspan="2">1</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
| Answer» D. <table><tr><td rowspan="2">1</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table> | |
| 99. |
In what time will Rs. 390625 amount to Rs. 456976 at 4 per cent compound interest ? |
| A. | 2 years |
| B. | 4 years |
| C. | 3 years |
| D. | 5 years |
| Answer» C. 3 years | |
| 100. |
What will be the compound interest on a sum of 50000 after 3 yr at the rate of 12% pa? |
| A. | 80000 |
| B. | 70246.40 |
| C. | 20246.40 |
| D. | 70000 |
| Answer» D. 70000 | |