93 + Mcqs in Compound Interest in Mathematics Quizzes Page 1 McqOptions

1.	What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?
A.	Rs. 31
B.	Rs. 32.10
C.	Rs. 40.40
D.	Rs. 64.10
Answer» E.

Discussion

2.	What will be the compound interest on Rs 25000 after 3 years at 12% Per annum?
A.	Rs 9000.30
B.	Rs 9720
C.	Rs 10123.20
D.	Rs 10483.20
E.	None of these
Answer» F.

Discussion

3.	What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?
A.	Rs. 9000.30
B.	Rs. 9720
C.	Rs. 10123.20
D.	Rs. 10483.20
Answer» D. Rs. 10483.20

Discussion

4.	What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?
A.	1875/2029
B.	1/2.5
C.	1903/2156
D.	4/9
Answer» B. 1/2.5

Discussion

5.	What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?
A.	Rs.8000
B.	Rs.8400
C.	Rs.7500
D.	None
Answer» B. Rs.8400

Discussion

6.	What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?
A.	Rs. 1000
B.	Rs. 1200
C.	Rs. 1320
D.	None of these
Answer» C. Rs. 1320

Discussion

7.	What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?
A.	Rs.140
B.	Rs.120
C.	Rs.130
D.	Rs.110
Answer» C. Rs.130

Discussion

8.	What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?
A.	Rs. 2.04
B.	Rs. 3.06
C.	Rs. 4.80
D.	Rs. 8.30
Answer» B. Rs. 3.06

Discussion

9.	What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?
A.	Rs. 550
B.	Rs. 551.25
C.	Rs. 560
D.	Rs. 560.75
Answer» C. Rs. 560

Discussion

10.	What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?
A.	Rs.9630
B.	Rs.9680
C.	Rs.9610
D.	Rs.9650
E.	None of these
Answer» F.

Discussion

11.	There is 60% increase in an amount in 6 years at S.I. What will be the C.I. of Rs. 12,000 after 3 years at the same rate?
A.	Rs. 2160
B.	Rs. 3120
C.	Rs. 3972
D.	Rs. 6240
Answer» D. Rs. 6240

Discussion

12.	The sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?
A.	18
B.	12
C.	9
D.	6
Answer» E.

Discussion

13.	The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.
A.	Rs.3502.80
B.	Rs.3052.40
C.	Rs.3054.8
D.	Rs.3052.80
E.	None of these
Answer» E. None of these

Discussion

14.	The simple interest accrued on an amount of Rs.49500 at he end of three is Rs.17820. What would be the compound interest accured on the same amount at teh same rate in the same period? (Round off your answer to two decimal places)
A.	Rs.20043.94
B.	Rs.18654.81
C.	Rs.20264.46
D.	Rs.19612.41
E.	None of these
Answer» B. Rs.18654.81

Discussion

15.	The S.I. on a certain sum of money for 3 years at 8% per annum is half the C.I. on Rs. 4000 for 2 years at 10% per annum. The sum placed on S.I. is________?
A.	Rs. 1550
B.	Rs. 1650
C.	Rs. 1750
D.	Rs. 2000
Answer» D. Rs. 2000

Discussion

16.	The principal that amounts to Rs. 4913 in 3 years at 6 1/4 % per annum C.I. compounded annually, is_________??
A.	Rs. 3096
B.	Rs. 4076
C.	Rs. 4085
D.	Rs. 4096
Answer» E.

Discussion

17.	The population of a city increases at the rate of 4% p.a. but there is an additional annual increase of 1% in the population due to some job seekers. The percentage increase in the population after 2 years is_________?
A.	10
B.	11
C.	10.25
D.	10.15
Answer» D. 10.15

Discussion

18.	The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is_________?
A.	3
B.	4
C.	5
D.	6
Answer» C. 5

Discussion

19.	The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is________?
A.	6.06%
B.	6.07%
C.	6.08%
D.	6.09%
Answer» E.

Discussion

20.	The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:_______?
A.	Rs 6.06%
B.	Rs 6.07%
C.	Rs 6.08%
D.	Rs 6.09%
Answer» E.

Discussion

21.	The difference between the simple interest and the compound interest on Rs 5000 at 10% P.a for 3 years is:_______?
A.	Rs 145
B.	Rs 150
C.	Rs 165
D.	Rs 180
E.	None of these
Answer» F.

Discussion

22.	The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?
A.	Rs.600
B.	Rs.500
C.	Rs.400
D.	Rs.300
Answer» B. Rs.500

Discussion

23.	The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?
A.	Rs.3000
B.	Rs.3300
C.	Rs.3600
D.	Rs.3900
Answer» D. Rs.3900

Discussion

24.	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.	625
B.	630
C.	640
D.	650
Answer» B. 630

Discussion

25.	The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:________?
A.	Rs. 2.50
B.	Rs. 3
C.	Rs. 3.75
D.	Rs. 4
Answer» C. Rs. 3.75

Discussion

26.	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 %

Discussion

27.	The difference between simple interest and C.I. at the same rate for Rs.5000 for 2 years in Rs.72. The rate of interest is?
A.	10%
B.	12%
C.	6%
D.	8%
Answer» C. 6%

Discussion

28.	The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is________?
A.	Rs. 2.50
B.	Rs. 3
C.	Rs. 3.75
D.	Rs. 4
Answer» C. Rs. 3.75

Discussion

29.	The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?
A.	Rs 6500
B.	Rs 6565
C.	Rs 65065
D.	Rs 65650
Answer» B. Rs 6565

Discussion

30.	The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________?
A.	6%
B.	8%
C.	10%
D.	12%
Answer» E.

Discussion

31.	The difference between compound interest and simple interest on Rs 8000 at 5% P.a for 3 years is_________?
A.	Rs 50
B.	Rs 60
C.	Rs 61
D.	Rs 600
Answer» D. Rs 600

Discussion

32.	The difference between C.I. and S.I. on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
A.	8
B.	10
C.	12
D.	Cannot be determined
Answer» B. 10

Discussion

33.	The difference between compound interest and simple interest on a sum for 2 years at 8% P.a is Rs 786. The sum is:_________?
A.	Rs 100000
B.	Rs 11000
C.	Rs 120000
D.	Rs 170000
Answer» D. Rs 170000

Discussion

34.	The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?
A.	Rs.12000
B.	Rs.14200
C.	Rs.17520
D.	Rs.13500
Answer» E.

Discussion

35.	The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period(in years) is_________?
A.	2
B.	2 1/2
C.	3
D.	4
Answer» B. 2 1/2

Discussion

36.	The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.
A.	Rs.18,828.80
B.	Rs.19,828.80
C.	Rs.18,028.80
D.	Rs.17,828.80
E.	None of these
Answer» C. Rs.18,028.80

Discussion

37.	The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?
A.	Rs.350
B.	Rs.375
C.	Rs. 380
D.	Rs. 400
Answer» E.

Discussion

38.	The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:__________?
A.	Rs 2518
B.	Rs 2520
C.	Rs 2522
D.	Rs 2524
Answer» D. Rs 2524

Discussion

39.	The compound interest accrued on an amount of Rs.44000 at the end of two years is Rs.1193.60. What would be the simple interest accrued on the same amount at the same rate in the same period?
A.	Rs.10,840
B.	Rs.10,720
C.	Rs.10,560
D.	Rs.10,280
E.	None of these.
Answer» D. Rs.10,280

Discussion

40.	The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum.
A.	Rs.18000
B.	Rs.17000
C.	Rs.18500
D.	Rs.17500
E.	None of these.
Answer» C. Rs.18500

Discussion

41.	The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?
A.	4%
B.	5%
C.	6%
D.	8%
Answer» C. 6%

Discussion

42.	The C.I. on a certain sum for 2 years at 10% per annum is Rs. 525. The S.I. on the same sum for double the time at half the rate percent per annum is________?
A.	Rs. 400
B.	Rs. 500
C.	Rs. 600
D.	Rs. 800
Answer» C. Rs. 600

Discussion

43.	Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?
A.	4 years
B.	6 years
C.	2 years
D.	3 years
Answer» E.

Discussion

44.	Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in________?
A.	1 Year
B.	2 years
C.	3 Years
D.	4 Years
Answer» C. 3 Years

Discussion

45.	Rayan invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Rayan’s investments if the interests from those investments are equal?
A.	4 : 3
B.	3 : 2
C.	6 : 5
D.	7 : 6
E.	None of these
Answer» E. None of these

Discussion

46.	Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid Rs.2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?
A.	Rs.635.50
B.	Rs.613.50
C.	Rs.675.50
D.	Rs.653.50
Answer» B. Rs.613.50

Discussion

47.	On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?
A.	10%
B.	10.5%
C.	12%
D.	None of these
Answer» E.

Discussion

48.	Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?
A.	8% p.a.
B.	6% p.a.
C.	4% p.a.
D.	5% p.a.
E.	None of these
Answer» E. None of these

Discussion

49.	In one year, the population, of a village increased by 10% and in the next year, it decreased by 10%. If at the end of 2nd year, the population was 7920, what was it in the beginning?
A.	8500
B.	8000
C.	8100
D.	8400
Answer» C. 8100

Discussion

50.	If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the rate and for the same time?
A.	Rs. 51.25
B.	Rs. 52
C.	Rs. 54.25
D.	Rs. 60
Answer» B. Rs. 52

Discussion

Explore topic-wise MCQs in Mathematics Quizzes.

What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?

What will be the compound interest on Rs 25000 after 3 years at 12% Per annum?

What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?

What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?

What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?

What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?

What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?

What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?

What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?

There is 60% increase in an amount in 6 years at S.I. What will be the C.I. of Rs. 12,000 after 3 years at the same rate?

The sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?

The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

The simple interest accrued on an amount of Rs.49500 at he end of three is Rs.17820. What would be the compound interest accured on the same amount at teh same rate in the same period? (Round off your answer to two decimal places)

The S.I. on a certain sum of money for 3 years at 8% per annum is half the C.I. on Rs. 4000 for 2 years at 10% per annum. The sum placed on S.I. is________?

The principal that amounts to Rs. 4913 in 3 years at 6 1/4 % per annum C.I. compounded annually, is_________??

The population of a city increases at the rate of 4% p.a. but there is an additional annual increase of 1% in the population due to some job seekers. The percentage increase in the population after 2 years is_________?

The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is_________?

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is________?

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:_______?

The difference between the simple interest and the compound interest on Rs 5000 at 10% P.a for 3 years is:_______?

The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?

The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?

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_________?

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:________?

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?

The difference between simple interest and C.I. at the same rate for Rs.5000 for 2 years in Rs.72. The rate of interest is?

The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is________?

The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?

The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________?

The difference between compound interest and simple interest on Rs 8000 at 5% P.a for 3 years is_________?

The difference between C.I. and S.I. on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

The difference between compound interest and simple interest on a sum for 2 years at 8% P.a is Rs 786. The sum is:_________?

The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period(in years) is_________?

The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.

The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?

The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:__________?

The compound interest accrued on an amount of Rs.44000 at the end of two years is Rs.1193.60. What would be the simple interest accrued on the same amount at the same rate in the same period?

The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum.

The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?

The C.I. on a certain sum for 2 years at 10% per annum is Rs. 525. The S.I. on the same sum for double the time at half the rate percent per annum is________?

Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?

Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in________?

Rayan invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Rayan’s investments if the interests from those investments are equal?

Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid Rs.2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?

On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?

Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?

In one year, the population, of a village increased by 10% and in the next year, it decreased by 10%. If at the end of 2nd year, the population was 7920, what was it in the beginning?

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the rate and for the same time?