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This section includes 10 Mcqs, each offering curated multiple-choice questions to sharpen your Mathematics knowledge and support exam preparation. Choose a topic below to get started.
1. |
Calculate the compound interest on Rs. 4000 for 2 years at 20% per annum when compounded annually. |
A. | 1856.4 |
B. | 1756.4 |
C. | 1846.4 |
D. | 1746.4 |
Answer» B. 1756.4 | |
2. |
If the amount is Rs. 400 and Principal is Rs. 100 which is compounded half yearly for 1 year, calculate the rate of interest. |
A. | 10 |
B. | 200 |
C. | 2 |
D. | 20 |
Answer» C. 2 | |
3. |
Find the amount on Rs. 5000 at the rate of 20% per annum for 18 months when interest is compounded half yearly. |
A. | 6644 |
B. | 6666 |
C. | 6000 |
D. | 6655 |
Answer» E. | |
4. |
Compute the compound interest on Rs. 16000 for 2 years 10% per annum when compounded half yearly. |
A. | 18600 |
B. | 17640 |
C. | 18640 |
D. | 17600 |
Answer» C. 18640 | |
5. |
Calculate the compound interest at the rate of 6% per annum for 2 years on the principle which in 2 years at the rate of 2% per annum gives Rs. 8000 as simple interest. |
A. | 50000 |
B. | 49440 |
C. | 59440 |
D. | 49000 |
Answer» C. 59440 | |
6. |
A farmer gets a loan of Rs. 100000 against his fixed deposits. If the rate of interest is 1.5 paise per rupee per annum, calculate the compound interest payable after 2 years. |
A. | 22250 |
B. | 42250 |
C. | 52250 |
D. | 32250 |
Answer» E. | |
7. |
Vidhya lent Rs. 5000 to Kavya for 3 years at the rate of 5% per annum compound interest. Calculate the amount that Vidhya will get after 3 years. |
A. | 5789 |
B. | 5788.12 |
C. | 5788.13 |
D. | 5788 |
Answer» D. 5788 | |
8. |
Evaluate the compound interest on Rs. 10101 for 3 years at the rate of 9% per annum compounded annually. |
A. | 2980 |
B. | 30000 |
C. | 10101 |
D. | 33333 |
Answer» B. 30000 | |
9. |
Find the Compound Interest on Rs. 1000 for two years at 2% per annum. |
A. | 20 |
B. | 20.5 |
C. | 20.4 |
D. | 20.6 |
Answer» D. 20.6 | |
10. |
Calculate the simple interest if the principal amount is 50000 and the rate is 2% for 4 years. |
A. | 4000 |
B. | 400 |
C. | 40000 |
D. | 40 |
Answer» B. 400 | |