

MCQOPTIONS
Saved Bookmarks
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.
301. |
Rekha invested a sum of 12000 at 5% per annum compound interest. She received an amount of 13230 after n years. Find n. |
A. | 2.8 years |
B. | 3.0 years |
C. | 2.5 years |
D. | 2.0 years |
Answer» E. | |
302. |
The compound interest on a sum of money for 2 years is 615 and the simple interest for the same period is 600. Find the principal. |
A. | 6,500 |
B. | 6,000 |
C. | 8,000 |
D. | 9,500 |
Answer» C. 8,000 | |
303. |
Two years ago, the value of my motorbike was 62500. If the value depreciates by 4% every year, now its value is |
A. | 56700 |
B. | 57600 |
C. | 57500 |
D. | 55700 |
Answer» C. 57500 | |
304. |
The compound interest on a certain sum of money for 2 years at 5% is 328, then the sum is |
A. | 3000 |
B. | 3600 |
C. | 3200 |
D. | 3400 |
Answer» D. 3400 | |
305. |
A sum of 3,200 invested at 10% p.a. compounded quarterly amounts to 3,362. Compute the time period. |
A. | <table><tr><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2"> year</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
B. | 1 year |
C. | 2 years |
D. | <table><tr><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>3</center></td><td rowspan="2"> year</td></tr><tr><td style="text-align: center;">4</td></tr></table> |
Answer» B. 1 year | |
306. |
The compound interest on 5,000 for 3 years at 10% p. a. will amount to |
A. | 1,654 |
B. | 1,655 |
C. | 1,600 |
D. | 1,565 |
Answer» C. 1,600 | |
307. |
800 at 5% per annum compounded annually will amount to 882 in |
A. | 1 year |
B. | 2 years |
C. | 3 years |
D. | 4 years |
Answer» C. 3 years | |
308. |
A man borrows 21000 at 10% compound interest. How much he has to pay annually at the end of each year, to settle his loan in two years ? |
A. | 12000 |
B. | 12100 |
C. | 12200 |
D. | 12300 |
Answer» C. 12200 | |
309. |
The time in which 80,000 amounts to 92,610 at 10% p.a. compound interest, interest being compounded semi annually is : |
A. | <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> |
B. | 2 years |
C. | <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> |
D. | 3 years |
Answer» B. 2 years | |
310. |
A man saves 2000 at the end of each year and invests the money at 5% compound interest. At the end of 3 years he will have : |
A. | 4305 |
B. | 6305 |
C. | 4205 |
D. | 2205 |
Answer» C. 4205 | |
311. |
The sum of money that yields a compound interest of 420 during the second year at 5% p.a is |
A. | 4,000 |
B. | 42,000 |
C. | 8,000 |
D. | 21,000 |
Answer» D. 21,000 | |
312. |
A principal of 10,000, after 2 years compounded annually, the rate of interest being 10% per annum during the first year and 12% per annum during the second year (in rupees) will amount to : |
A. | 12,000 |
B. | 12,320 |
C. | 12,500 |
D. | 11,320 |
Answer» C. 12,500 | |
313. |
A sum of 8000 will amount to 8820 in 2 years if the interest is calculated every year. The rate of compound interest is |
A. | 6% |
B. | 7% |
C. | 3% |
D. | 5% |
Answer» E. | |
314. |
The compound interest on 30,000 at 7% per annum for a certain time is 4,347. The time is |
A. | 3 years |
B. | 4 years |
C. | 2 years |
D. | 2.5 years |
Answer» D. 2.5 years | |
315. |
In what time will 1000 amounts to 1331 at 20% per annum, compounded half yearly ? |
A. | <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> |
B. | 2 years |
C. | 1 year |
D. | <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> |
Answer» B. 2 years | |
316. |
An amount of 6,000 lent at 5% per annum compound interest for 2 years will become |
A. | 600 |
B. | 6,600 |
C. | 6,610 |
D. | 6,615 |
Answer» E. | |
317. |
In how many years will a sum of 800 at 10% per annum compound interest, compounded semi-annually becomes 926.10 ? |
A. | <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> |
B. | <table><tr><td rowspan="2">1</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2"> years</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
C. | <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;">3</td></tr></table> |
D. | <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> |
Answer» B. <table><tr><td rowspan="2">1</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2"> years</td></tr><tr><td style="text-align: center;">3</td></tr></table> | |
318. |
At what rate percent per annum will a sum of 1,000 amounts to 1,102.50 in 2 years at compound interest ? |
A. | 5% |
B. | 5.5% |
C. | 6% |
D. | 6.5% |
Answer» B. 5.5% | |
319. |
A sum becomes 1,352 in 2 years at 4% per annum compound interest. The sum is |
A. | 1,225 |
B. | 1,270 |
C. | 1,245 |
D. | 1,250 |
Answer» E. | |
320. |
The compound interest on 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly, is : |
A. | 636.80 |
B. | 824.32 |
C. | 912. 86 |
D. | 828. 82 |
Answer» C. 912. 86 | |
321. |
In what time 8,000 will amount to 9,261 at 10% per annum compound interest, when the interest is compounded half yearly ? |
A. | <table><tr><td rowspan="2">3</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> |
B. | <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> |
C. | <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> |
D. | 2 years |
Answer» C. <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> | |
322. |
At what rate percent per annum will 2304 amount to 2500 in 2 years at compound interest ? |
A. | <table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
B. | <table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">5</td></tr></table> |
C. | <table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">6</td></tr></table> |
D. | <table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
Answer» D. <table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> | |
323. |
The principal, which will amount to 270.40 in 2 years at the rate of 4% per annum compound interest, is |
A. | 200 |
B. | 225 |
C. | 250 |
D. | 220 |
Answer» D. 220 | |
324. |
A sum of money on compound interest amounts to 10648 in 3 years and 9680 in 2 years. The rate of interest per annum is : |
A. | 5% |
B. | 10% |
C. | 15% |
D. | 20% |
Answer» C. 15% | |
325. |
|
||||
A. | 910 | ||||
B. | 870 | ||||
C. | 930 | ||||
D. | 900 | ||||
Answer» D. 900 | |||||
326. |
A certain sum amounts to 5,832 in 2 years at 8% per annum compound interest, the sum is |
A. | 5,000 |
B. | 5,200 |
C. | 5,280 |
D. | 5,400 |
Answer» B. 5,200 | |
327. |
A certain sum, invested at 4% per annum compound interest, compounded halfyearly, amounts to 7,803 at the end of one year. The sum is |
A. | 7,000 |
B. | 7,200 |
C. | 7,500 |
D. | 7,700 |
Answer» D. 7,700 | |
328. |
A certain sum of money yields 1261 as compound interest for 3 years at 5% per annum. The sum is |
A. | 9000 |
B. | 8400 |
C. | 7500 |
D. | 8000 |
Answer» E. | |
329. |
In what time will 10,000 amount to 13310 at 20% per annum compounded half yearly? |
A. | <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> |
B. | 2 years |
C. | <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> |
D. | 3 years |
Answer» B. 2 years | |
330. |
If the rate of interest be 4% per annum for first year, 5% per annum for second year and 6% per annum for third year, then the compound interest of 10,000 for 3 years will be |
A. | 1,600 |
B. | 1,625.80 |
C. | 1,575.20 |
D. | 2,000 |
Answer» D. 2,000 | |
331. |
The compound interest on 16,000 for 9 months at 20% per annum, interest being compounded quarterly, is |
A. | 2,520 |
B. | 2,524 |
C. | 2,522 |
D. | 2,518 |
Answer» D. 2,518 | |
332. |
In what time will 1000 becomes 1331 at 10% per annum compounded annually ? |
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">3</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» 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> | |
333. |
At what percent per annum will 3000 amounts to 3993 in 3 years if the interest is compounded annually? |
A. | 9% |
B. | 10% |
C. | 11% |
D. | 13% |
Answer» C. 11% | |
334. |
The compound interest on 8,000 at 15% per annum for 2 years 4 months, compounded annually is: |
A. | 2980 |
B. | 3091 |
C. | 3109 |
D. | 3100 |
Answer» D. 3100 | |
335. |
At what rate per annum will 32000 yield a compound interest of 5044 in 9 months interest being compounded quarterly ? |
A. | 20% |
B. | 32% |
C. | 50% |
D. | 80% |
Answer» B. 32% | |
336. |
The compound interest on 2000 in 2 years if the rate of interest is 4% per annum for the first year and 3% per annum for the second year, will be |
A. | 142.40 |
B. | 140.40 |
C. | 141.40 |
D. | 143.40 |
Answer» B. 140.40 | |