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This section includes 93 Mcqs, each offering curated multiple-choice questions to sharpen your Mathematics Quizzes knowledge and support exam preparation. Choose a topic below to get started.
51. |
If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________? |
A. | Rs 1575.20 |
B. | Rs 1600 |
C. | Rs 1625.80 |
D. | Rs 2000 |
Answer» B. Rs 1600 | |
52. |
If the interest is payable annually than the principal on which the compound interest for 3 years at 10% P.a is Rs 33/- is given by:__________? |
A. | Rs 900 |
B. | Rs 1000 |
C. | Rs 1050 |
D. | Rs 1100 |
Answer» C. Rs 1050 | |
53. |
If the C.I. on a sum for 2 years at 12 1/2 % per annum is Rs. 510, the S.I. on the same sum at the same rate for the same period of time is________? |
A. | Rs. 400 |
B. | Rs. 450 |
C. | Rs. 460 |
D. | Rs. 480 |
Answer» E. | |
54. |
If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______? |
A. | Rs.8082 |
B. | Rs.7800 |
C. | Rs.8100 |
D. | Rs.8112 |
Answer» E. | |
55. |
If Rs. 7500 are borrowed at C. I at the rate of 4 % per annum then after 2 years, the amount to be paid is_______? |
A. | Rs. 8082 |
B. | Rs. 7800 |
C. | Rs. 8100 |
D. | Rs. 8112 |
Answer» E. | |
56. |
How much would a sum of Rs 16000 approximately amount to in 2 years at 10% P.a compounded half-yearly? |
A. | Rs 17423 |
B. | Rs 18973 |
C. | Rs 19448 |
D. | Rs 19880 |
Answer» D. Rs 19880 | |
57. |
How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly? |
A. | Rs.482 |
B. | Rs.424 |
C. | Rs.842 |
D. | Rs.512 |
Answer» B. Rs.424 | |
58. |
Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be? |
A. | Rs. 16,500 |
B. | Rs. 16,525.50 |
C. | Rs. 16,537.50 |
D. | Rs. 18,150 |
Answer» D. Rs. 18,150 | |
59. |
Find the sum The difference between the compound and S.I. on a certain sum of money for 2 years at 10% per annum is Rs.15of money? |
A. | 1500 |
B. | 1800 |
C. | 2100 |
D. | 1950 |
Answer» B. 1800 | |
60. |
Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years? |
A. | Rs.420 |
B. | Rs.400 |
C. | Rs.375 |
D. | Rs.380 |
Answer» C. Rs.375 | |
61. |
Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself? |
A. | 6 years |
B. | 1 year |
C. | 2 years |
D. | 4 years |
Answer» E. | |
62. |
Find the Compound Interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly? |
A. | Rs. 1851 |
B. | Rs. 1941 |
C. | Rs. 1951 |
D. | Rs. 1961 |
Answer» D. Rs. 1961 | |
63. |
Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly? |
A. | Rs.1261 |
B. | Rs.1440 |
C. | Rs.1185 |
D. | Rs.1346 |
Answer» B. Rs.1440 | |
64. |
Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer) |
A. | Rs.4273 |
B. | Rs.4613 |
C. | Rs.4064 |
D. | Rs.4266 |
E. | None of these |
Answer» E. None of these | |
65. |
Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly? |
A. | Rs.17684 |
B. | Rs.1684 |
C. | Rs.2522 |
D. | Rs.3408 |
Answer» D. Rs.3408 | |
66. |
Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly? |
A. | Rs.1261 |
B. | Rs.9261 |
C. | Rs.9621 |
D. | Rs.9162 |
Answer» C. Rs.9621 | |
67. |
Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year? |
A. | Rs.460 |
B. | Rs.5640 |
C. | Rs.5460 |
D. | Rs.5604 |
Answer» D. Rs.5604 | |
68. |
Find out the C.I on Rs.5000 at 4% p.a. compound half-yearly for 1 1/2 years. |
A. | Rs.420.20 |
B. | Rs.319.06 |
C. | Rs.306.04 |
D. | Rs.294.75 |
Answer» D. Rs.294.75 | |
69. |
Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000? |
A. | Rs.81000 |
B. | Rs.80000 |
C. | Rs.75000 |
D. | Rs.64000 |
Answer» B. Rs.80000 | |
70. |
Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest? |
A. | 18% p.a. |
B. | 22% p.a. |
C. | 20% p.a. |
D. | 24% p.a. |
E. | None of these. |
Answer» D. 24% p.a. | |
71. |
At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually? |
A. | 5% |
B. | 6% |
C. | 10% |
D. | 15% |
Answer» D. 15% | |
72. |
At the end of three years what will be the compound interest at the rate of 10% p.a. on an amount of Rs.20000? |
A. | Rs.6620 |
B. | Rs.6500 |
C. | Rs.6800 |
D. | Rs.6400 |
Answer» B. Rs.6500 | |
73. |
Afnan wants to borrow Rs.6000 at rate of interest 6% p.a. at S.I and lend the same amount at C.I at same rate of interest for two years. What would be his income in the above transaction? |
A. | Rs.21.60 |
B. | Rs.24.00 |
C. | Rs.25.20 |
D. | Rs.27.80 |
E. | None of these |
Answer» B. Rs.24.00 | |
74. |
A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years. |
A. | Rs.2520 |
B. | Rs.3120 |
C. | Rs.3320 |
D. | Rs.2760 |
E. | None of these |
Answer» C. Rs.3320 | |
75. |
A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest? |
A. | 7 years |
B. | 10 years |
C. | 15 years |
D. | 20 years |
Answer» D. 20 years | |
76. |
A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in? |
A. | 7 years |
B. | 10 years |
C. | 15 years |
D. | 20 years |
Answer» D. 20 years | |
77. |
A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself? |
A. | 16 |
B. | 8 |
C. | 12 |
D. | 20 |
Answer» D. 20 | |
78. |
A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum. |
A. | Rs.4000 |
B. | Rs.1000 |
C. | Rs.1250 |
D. | Rs.2000 |
Answer» E. | |
79. |
A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was? |
A. | Rs. 1620 |
B. | Rs. 1640 |
C. | Rs. 1680 |
D. | Rs. 1700 |
Answer» C. Rs. 1680 | |
80. |
A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______? |
A. | 2 1/2 % |
B. | 4% |
C. | 5% |
D. | 6 2/3 % |
Answer» D. 6 2/3 % | |
81. |
A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent? |
A. | 15% |
B. | 10% |
C. | 7 1/2 % |
D. | 8% |
Answer» C. 7 1/2 % | |
82. |
A sum of money becomes Rs.6690 after three years and Rs.10.035 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 | |
83. |
A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is_________? |
A. | 5 % |
B. | 10 % |
C. | 15 % |
D. | 20 % |
Answer» C. 15 % | |
84. |
A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is_________? |
A. | Rs.1500 |
B. | Rs.2000 |
C. | Rs.2500 |
D. | Rs.3000 |
Answer» D. Rs.3000 | |
85. |
A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period? |
A. | Rs.150 |
B. | Rs.140 |
C. | Rs.130 |
D. | Data insufficient for the answer |
Answer» E. | |
86. |
A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year? |
A. | Rs.25600.24 |
B. | Rs.32000.50 |
C. | Rs.18060.36 |
D. | Rs.18600 |
Answer» B. Rs.32000.50 | |
87. |
A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum? |
A. | Rs.7500 |
B. | Rs.7000 |
C. | Rs.8000 |
D. | Rs.6500 |
E. | None of these |
Answer» B. Rs.7000 | |
88. |
A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________? |
A. | Rs 4500 |
B. | Rs 5000 |
C. | Rs 5500 |
D. | Rs 6000 |
Answer» C. Rs 5500 | |
89. |
A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit. |
A. | Rs.2205 |
B. | Rs.2200 |
C. | Rs.2160 |
D. | Rs.2040 |
Answer» B. Rs.2200 | |
90. |
A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years? |
A. | Rs. 565.25 |
B. | Rs. 635 |
C. | Rs. 662.02 |
D. | Rs. 666.50 |
Answer» D. Rs. 666.50 | |
91. |
A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate. |
A. | Rs.500 |
B. | Rs.250 |
C. | Rs.5012.50 |
D. | Rs.5062.50 |
E. | None of these. |
Answer» F. | |
92. |
A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________? |
A. | Rs 230 |
B. | Rs 232 |
C. | Rs 600 |
D. | Rs 832 |
Answer» C. Rs 600 | |
93. |
A deposited Rs 6000 in a bank at 5% Per annum simple interest. B deposited Rs 5000 at 8% P.a Compound interest. After 2 years the difference between their interest will be:_________? |
A. | Rs 230 |
B. | Rs 232 |
C. | Rs 600 |
D. | Rs 832 |
Answer» C. Rs 600 | |