MCQOPTIONS
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MCQOPTIONS
This section includes 252 Mcqs, each offering curated multiple-choice questions to sharpen your Arithmetic Ability knowledge and support exam preparation. Choose a topic below to get started.
| 101. |
Jackie deposits $325 in an account that pays 4.1% interest compounded annually. How much money will Jackie have in her account after 3 years? |
| A. | 346.64 |
| B. | 356.64 |
| C. | 366.64 |
| D. | 376.64 |
| Answer» D. 376.64 | |
| 102. |
In what time(in years) will Rs. 8000 amount to Rs. 9261 at 5% per annum, compounded annually? |
| A. | 3 |
| B. | 3.5 |
| C. | 4 |
| D. | 4.5 |
| Answer» B. 3.5 | |
| 103. |
In what time will Rs.1000 become Rs.1331 at 10% per annum compounded annually? |
| A. | 2years |
| B. | 3years |
| C. | 4years |
| D. | 5years |
| Answer» C. 4years | |
| 104. |
In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ? |
| A. | Quarter months |
| B. | Half year |
| C. | 2 years |
| D. | 1 year |
| Answer» C. 2 years | |
| 105. |
In what time will Rs. 1000 become Rs. 1331 at 10% per annum compounded annually? |
| A. | 1years |
| B. | 2years |
| C. | 3years |
| D. | 4years |
| Answer» D. 4years | |
| 106. |
In how many years will Rs 25,000 yield Rs 8,275 as compound interest at 10% per annum compounded annually? |
| A. | 2 |
| B. | 4 |
| C. | 3 |
| D. | 5 |
| Answer» D. 5 | |
| 107. |
In how many years will Rs 2,000 yield Rs 662 as compound interest at 10% per annum compounded annually? |
| A. | 3 |
| B. | 2 |
| C. | 4 |
| D. | 5 |
| Answer» B. 2 | |
| 108. |
In how many months will Rs 8,000 yield Rs 2,648 as compound interest at 20% per annum compounded semi-annually? |
| A. | 18 |
| B. | 24 |
| C. | 12 |
| D. | 30 |
| Answer» B. 24 | |
| 109. |
In 3 years Rs 3000 amounts to Rs 3993 at x% compound interest, compounded annually. The value of x is |
| A. | 10 |
| B. | 8 |
| C. | 5 |
| D. | 3.3333333333333 |
| Answer» B. 8 | |
| 110. |
If you deposit $8000 into an account paying 7% annual interest compounded quarterly, how long until there is $12400 in the account? |
| A. | 2.3 |
| B. | 3.3 |
| C. | 4.3 |
| D. | 6.3 |
| Answer» E. | |
| 111. |
If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years ? |
| A. | 3387.42 |
| B. | 4387.42 |
| C. | 5387.42 |
| D. | 6387.42 |
| Answer» D. 6387.42 | |
| 112. |
If you deposit $5000 into an account paying 6% annual interest compounded monthly, how long until there is $8000 in the account? |
| A. | 6.9 |
| B. | 7.9 |
| C. | 8.9 |
| D. | 9.9 |
| Answer» C. 8.9 | |
| 113. |
If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate. |
| A. | Rs.1251 |
| B. | Rs.1261 |
| C. | Rs.1271 |
| D. | Rs,1281 |
| Answer» C. Rs.1271 | |
| 114. |
If the difference of the compound interest and the simple interest on a sum of money for 3 years is Rs. 186. Find the sum of money, if the rate of interest in both case be 10% |
| A. | Rs. 5500 |
| B. | Rs.7200 |
| C. | Rs.6500 |
| D. | Rs.6000 |
| Answer» E. | |
| 115. |
If the interest is compounded half-yearly, then what will be the compound interest (in Rs) on a sum of Rs 10000 for 1 year at the rate of 10% per annum? |
| A. | 1250 |
| B. | 525 |
| C. | 1000 |
| D. | 1025 |
| Answer» E. | |
| 116. |
If the rate of inflation for the next 20 years is 2.5% per year, what annual income will be needed 20 years from now to have the same purchasing power as a $30,000 annual income today? |
| A. | 39158 |
| B. | 49158 |
| C. | 59158 |
| D. | 69158 |
| Answer» C. 59158 | |
| 117. |
If the difference between the compound interest and the simple interest on a certain sum at the rate of 5% per annum for 2 years is Rs. 20, then the sum is |
| A. | Rs. 2000 |
| B. | Rs. 4000 |
| C. | Rs. 6000 |
| D. | Rs. 8000 |
| Answer» E. | |
| 118. |
If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is Rs 9,600 and Rs 10,272 respectively, what is the rate of interest (in %)? |
| A. | 7 |
| B. | 8 |
| C. | 6 |
| D. | 5 |
| Answer» B. 8 | |
| 119. |
If the compound interest for the 3rd and 4th year on a certain principal is Rs 125 and Rs 135 respectively, what is the rate of interest (in %)? |
| A. | 9 |
| B. | 10 |
| C. | 8 |
| D. | 12 |
| Answer» D. 12 | |
| 120. |
If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 25088, and Rs 28098.56 respectively, what is the rate of interest? |
| A. | 6 percent |
| B. | 24 percent |
| C. | 12 percent |
| D. | 19 percent |
| Answer» D. 19 percent | |
| 121. |
If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 28090, and Rs 29775.4 respectively, what is the rate of interest? |
| A. | 6 percent |
| B. | 3 percent |
| C. | 12 percent |
| D. | 10 percent |
| Answer» B. 3 percent | |
| 122. |
If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 33708, and Rs 35730.48 respectively, what is the rate of interest? |
| A. | 6 percent |
| B. | 3 percent |
| C. | 12 percent |
| D. | 10 percent |
| Answer» B. 3 percent | |
| 123. |
If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 16854, and Rs 17865.24 respectively, what is the rate of interest? |
| A. | 3 percent |
| B. | 12 percent |
| C. | 6 percent |
| D. | 10 percent |
| Answer» D. 10 percent | |
| 124. |
If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 24200, and Rs 26620 respectively, what is the rate of interest? |
| A. | 10 percent |
| B. | 5 percent |
| C. | 20 percent |
| D. | 16 percent |
| Answer» B. 5 percent | |
| 125. |
If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 32448 and Rs 33745.92 respectively, what is the rate of interest? |
| A. | 2 percent |
| B. | 8 percent |
| C. | 6 percent |
| D. | 4 percent |
| Answer» E. | |
| 126. |
If the amount received at the end of 2nd and 3rd year at compound interest on a certain Principal is Rs 30250, and Rs 33275 respectively, what is the rate of interest? |
| A. | 10 percent |
| B. | 5 percent |
| C. | 20 percent |
| D. | 16 percent |
| Answer» B. 5 percent | |
| 127. |
If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 1,800, and Rs 1,926 respectively, what is the rate of interest? |
| A. | 0.075 |
| B. | 0.07 |
| C. | 0.06 |
| D. | 0.065 |
| Answer» C. 0.06 | |
| 128. |
If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs 2100, and Rs 2268 respectively, what is the rate (in %) of interest? |
| A. | 7 |
| B. | 8 |
| C. | 9 |
| D. | 10 |
| Answer» C. 9 | |
| 129. |
If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 29160, and Rs 31492.8 respectively, what is the rate of interest? |
| A. | 4 percent |
| B. | 8 percent |
| C. | 16 percent |
| D. | 13 percent |
| Answer» C. 16 percent | |
| 130. |
If the amount received at 10% per annum Compound interest after 3 yrs is Rs 19965, then what will have been the principal (in Rs) amount? |
| A. | 16000 |
| B. | 15000 |
| C. | 17000 |
| D. | 18000 |
| Answer» C. 17000 | |
| 131. |
If the amount on a certain principal in 3 years at 12% rate of interest compounded annually is Rs 12,000, what will be the amount (in Rs) after the 4th year? |
| A. | 14330 |
| B. | 15440 |
| C. | 13440 |
| D. | 14550 |
| Answer» D. 14550 | |
| 132. |
If sum of Rs.1000 amount to Rs.1331 in 3 years, compounded annually. Then, find the rate of interest per annum? |
| A. | 0.15 |
| B. | 0.3 |
| C. | 0.1 |
| D. | 0.2 |
| Answer» D. 0.2 | |
| 133. |
If Rs. 2,000 is invested at the rate of 20% per annum, compounded half-yearly, then the amount after 18 months will be: |
| A. | Rs.2628 |
| B. | Rs.2662 |
| C. | Rs.2600 |
| D. | Rs.3200 |
| Answer» E. | |
| 134. |
If Rs. 10000 amounts to Rs. 11664 invested in compound interest(compounded annually) for two years then the annual rate of compound interest is |
| A. | 0.1 |
| B. | 0.09 |
| C. | 0.08 |
| D. | 0.06 |
| Answer» D. 0.06 | |
| 135. |
If compound interest received on a certain amount in the 3rd year is Rs. 12,100, what will be the compound interest (in Rs) for the 4th year on the same amount if rate of interest is 9%? |
| A. | 17080 |
| B. | 15669 |
| C. | 13189 |
| D. | 14376 |
| Answer» D. 14376 | |
| 136. |
If compound interest received on a certain amount in the 3rd year is Rs. 1,240, what will be the compound interest (in Rs) for the 4th year on the same amount at 9% rate of interest? |
| A. | 1245.6 |
| B. | 1521.6 |
| C. | 1351.6 |
| D. | 1220.6 |
| Answer» D. 1220.6 | |
| 137. |
If compound interest received on a certain amount in the 2nd year is Rs 1200, what will be the compound interest (in Rs) for the 4th year on the same amount at 10% rate of interest? |
| A. | 1452 |
| B. | 1320 |
| C. | 1552 |
| D. | 1420 |
| Answer» B. 1320 | |
| 138. |
Give an investment of $13200,compound amount of $22680.06 invested for 8 years,what is the interest rate if interest rate is compounded anually? |
| A. | 0.06 |
| B. | 0.05 |
| C. | 0.07 |
| D. | 0.08 |
| Answer» D. 0.08 | |
| 139. |
If a sum of Rs.12500 is invested for 1 year at 12% per annum interest being compounded semiÂ-annually, then interest earned is |
| A. | Rs.1505 |
| B. | Rs.1535 |
| C. | Rs.1545 |
| D. | Rs.1550 |
| Answer» D. Rs.1550 | |
| 140. |
If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $10,000 after 3 years? |
| A. | 8695.61 |
| B. | 6786 |
| C. | 3478 |
| D. | 4092 |
| Answer» B. 6786 | |
| 141. |
How much money would you need to deposit today at 9% annual interest compounded monthly to have $12000 in the account after 6 years? |
| A. | 9007 |
| B. | 4007 |
| C. | 7007.08 |
| D. | 8oo7 |
| Answer» D. 8oo7 | |
| 142. |
Gitesh took a loan for 4 years at 5% Compound Interest. If the total interest paid was Rs. 431.01, Calculate the principal. |
| A. | Rs. 2000 |
| B. | Rs. 2050 |
| C. | Rs. 2100 |
| D. | Rs. 2150 |
| Answer» B. Rs. 2050 | |
| 143. |
For S = $21,000, payments (R) of $1500 at the end of each 6-month periodi= 10% compounded semi-annually. Find the minimum number of payments to accumulate 21,000. |
| A. | 10 |
| B. | 11 |
| C. | 12 |
| D. | 13 |
| Answer» C. 12 | |
| 144. |
For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:0.7 |
| A. | 9 |
| B. | 10 |
| C. | 11 |
| D. | 12 |
| Answer» E. | |
| 145. |
For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:2.1 |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» E. | |
| 146. |
For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is 8.4 |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» B. 2 | |
| 147. |
For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is 4.2 |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» C. 3 | |
| 148. |
Find the time to double your investment at 6% |
| A. | 10years |
| B. | 11years |
| C. | 12years |
| D. | 13years |
| Answer» D. 13years | |
| 149. |
Find the compound interest on Rs. 2680 at 8% per annum for 2 years ? |
| A. | Rs. 664.21 |
| B. | Rs. 548.68 |
| C. | Rs. 445.95 |
| D. | Rs. 692.57 |
| Answer» D. Rs. 692.57 | |
| 150. |
Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420 ? |
| A. | Rs. 2000 |
| B. | Rs. 2100 |
| C. | Rs. 1900 |
| D. | Rs. 2150 |
| Answer» B. Rs. 2100 | |