

MCQOPTIONS
This section includes 157 Mcqs, each offering curated multiple-choice questions to sharpen your Maths knowledge and support exam preparation. Choose a topic below to get started.
1. |
What would be the compound interest accrued on an amount of Rs.7850 at the rate of 14% per annum in two years? |
A. | Rs.2351.86 |
B. | Rs.2880.37 |
C. | Rs.2518.22 |
D. | Rs.2290.23 |
E. | None of these |
Answer» B. Rs.2880.37 | |
2. |
A certain sum increases by 50 % in 5 years. Three sums x, y and z are lent for 10, 15 and 20 years respectively. If amount on each sum is equal, then find the ratio of x, y and z. |
A. | 6 : 5 : 4 |
B. | 9 : 4 : 6 |
C. | 9 : 6 : 5 |
D. | 9 : 6 : 4 |
Answer» E. | |
3. |
The simple and compound interest that can be earned in two years at the same rate is Rs 1500 and Rs 1575 respectively. What is the rate (% per annum) of interest? |
A. | 12.5% |
B. | 20% |
C. | 10% |
D. | 5% |
Answer» D. 5% | |
4. |
A sum amounts to 6480 in 4 years and 9600 in 8 years when it is compounded annually. Find the sum? |
A. | 4878 |
B. | 5438 |
C. | 4300 |
D. | 4374 |
Answer» E. | |
5. |
A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was the sum lent (in Rs)? |
A. | 1500 |
B. | 1000 |
C. | 3000 |
D. | 2000 |
Answer» C. 3000 | |
6. |
Compounding interest means interest accrues |
A. | at variable rates throughout the term |
B. | more quickly than simple interest |
C. | more slowly than simple interest |
D. | at the same rate as simple interest |
Answer» C. more slowly than simple interest | |
7. |
A sum of Rs 5,000 amounts to Rs 7,200 in 8 years at a certain rate percent p.a, interest compounded yearly. What will be the compound interest on a sum of Rs.6,550 in 4 years at the same rate of interest? |
A. | Rs. 1,290 |
B. | Rs.1,310 |
C. | Rs. 1285 |
D. | Rs. 1,415 |
Answer» C. Rs. 1285 | |
8. |
Mr. Sathya invested money in FD. How much will he get on maturity, if Rs. 14,500 is invested at 20 % per annum compound interest for 6 months, compounded quarterly |
A. | Rs.15, 986 |
B. | Rs.15, 986.5 |
C. | Rs.15, 986.25 |
D. | Rs.15,986.35 |
Answer» D. Rs.15,986.35 | |
9. |
The difference between simple interest and compound interest on Rs. 1200 for one year at the rate of 10 percent half-yearly is- |
A. | 3 |
B. | 8.80 |
C. | 0 |
D. | 13.20 |
Answer» B. 8.80 | |
10. |
Find the principal amount, the difference of which compound interest and simple interest for a period of 3 years at the rate of 10% per annum will be Rs 31- |
A. | 1500 |
B. | 1100 |
C. | 1000 |
D. | 1200 |
Answer» D. 1200 | |
11. |
A sum of Rs. 6400 amounts to Rs. 6724 at 10% p.a. compounded quarterly. Find the time period. |
A. | 2 years |
B. | 3 years |
C. | 3/4 year |
D. | 1/2 year |
Answer» E. | |
12. |
A lent some money from B and paid 1,573 after$$ {1{1 over 2}}$$ yr . Also B lent some money from A and paid 1444.50 after 6 months. If they want to settle the account forthwith, keeping 14 % as the rate of interest, then who should pay whom and how much? |
A. | A to B Rs. 28.50 |
B. | B to A Rs. 3750 |
C. | A to B Rs.50 |
D. | B to A Rs.50 |
Answer» E. | |
13. |
Find the compound interest on a sum of Rs. 46875 for 2 years at 12% p.a, if interest is compounded 8 months? |
A. | 14174 |
B. | 10174 |
C. | 12174 |
D. | 13174 |
Answer» D. 13174 | |
14. |
What will be the compound interest (nearest to Rs. 1 on a sum of Rs. 25,000 for 2 years at 12% p.a., if the interest is compounded 8-monthly? |
A. | Rs. 6.349 |
B. | Rs. 6,493 |
C. | Rs. 6,394 |
D. | Rs. 6,439 |
Answer» C. Rs. 6,394 | |
15. |
A sum of money amounted to Rs.720 in 2 years and Rs.792 in 3 years when interest is compounded annually. The annual rate of interest , (in%) is: |
A. | 5% |
B. | 7.50% |
C. | 7% |
D. | 10% |
Answer» E. | |
16. |
How much time will it take for an amount of Rs.360 to yield Rs.72 as interest at 5 % p.a of simple interest? |
A. | 3 years |
B. | 4 years |
C. | 2.5 years |
D. | 3.5 years |
Answer» C. 2.5 years | |
17. |
A principal increases by 21% over 2 years with compound interest. What will be the simple interest in 4 years at the same interest rate of Rs 1000? |
A. | 320 |
B. | 350 |
C. | 400 |
D. | 420 |
Answer» D. 420 | |
18. |
What will be the difference between the compound interest and simple interest of 2 years at the rate of 5 percent annual interest at Rs. 4,000? |
A. | 10 |
B. | 11 |
C. | 20 |
D. | 100 |
Answer» B. 11 | |
19. |
Anu invested Rs. 15000 at the rate of interest 10% p.a. for one year. If the compound interest is compounded at every six months, what amount will Anu get at the end of the year? |
A. | Rs. 16525.50 |
B. | Rs. 18150 |
C. | Rs. 16537.50 |
D. | Rs. 16500 |
Answer» D. Rs. 16500 | |
20. |
A person invested 1100 in a company at compound interest compounded semi-annually. He received 1331 after one year. The rate of interest per annum is |
A. | 11% |
B. | 20% |
C. | 5% |
D. | 10% |
Answer» C. 5% | |
21. |
A sum of money placed at compound interest triples itself in 9 year. In how many years will if amount to 243 times itself? |
A. | 27 years |
B. | 36 years |
C. | 45 years |
D. | 54 years |
Answer» D. 54 years | |
22. |
In how much time the money of Rs 6400 will be Rs 6561 at the rate of 5 percent annual interest if the compound interest is payable quarterly? |
A. | 6 Month |
B. | 12 Month |
C. | 24 Month |
D. | 18 Month |
Answer» B. 12 Month | |
23. |
There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate? |
A. | Rs. 2160 |
B. | Rs. 3120 |
C. | Rs. 3972 |
D. | Rs. 6240 |
E. | None of these |
Answer» D. Rs. 6240 | |
24. |
If the interest is compounded half yearly, then interest on Rs.16000 at 5% per annum, at the end of $$ {{1}{1 over 2}}$$ years is. |
A. | $$ {1230}{1 over 4}$$ |
B. | $$ {1210}{1 over 4}$$ |
C. | $$ {1215}{1 over 4}$$ |
D. | $$ {1225}{1 over 4}$$ |
Answer» B. $$ {1210}{1 over 4}$$ | |
25. |
A man invested a sum of money in Scheme A, at a rate of 15% per annum for simple interest, at the end of 2 years the amount received by him is invested in scheme B at 20% per annum for compound interest. If the interest received by him from scheme B at the end of 2 years is Rs. 2860, then find the sum invested by man in the beginning? |
A. | 5000 |
B. | 6500 |
C. | 3250 |
D. | None of these |
Answer» B. 6500 | |
26. |
A sum of money was lent at 10% per annum, compounded annually, for 2 years. If the interest was compounded half - yearly, he would have received Rs.660.75 more. Find the sum. |
A. | 120000 |
B. | 124000 |
C. | 104400 |
D. | 150000 |
Answer» D. 150000 | |
27. |
An amount of Rs.10000 becomes Rs.14641 in 2 years, if the interest is compounded half yearly. What is the rate of compound interest? |
A. | 25% |
B. | 21% |
C. | 23% |
D. | 24.5% |
E. | 26.2% |
Answer» C. 23% | |
28. |
2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is: |
A. | 3,38,688 |
B. | 3,42,648 |
C. | 3,26,400 |
D. | 3,34,800 |
Answer» E. | |
29. |
The compound interest on a certain sum of money for 2 years at 5% per annum is Rs. 410. The simple interest on the same sum at the same rate and for the same time is- |
A. | Rs. 350 |
B. | Rs. 405 |
C. | Rs. 400 |
D. | Rs. 300 |
Answer» D. Rs. 300 | |
30. |
The difference between simple interest and compound interest on a certain sum at $$ 12{1 over2}$$ % for 3 years is Rs 125. Find the sum. |
A. | Rs. 2520 |
B. | Rs. 2560 |
C. | Rs.2640 |
D. | Rs. 2700 |
Answer» C. Rs.2640 | |
31. |
The sum of length, breadth and height of a cuboid is 25 cm. The length of its diagonal is 15 cm. Find the total surface area of the cuboid. |
A. | $$ {200 cm^2}$$ |
B. | $$ {400 cm^2}$$ |
C. | $$ {500 cm^2}$$ |
D. | $$ {600 cm^2}$$ |
Answer» C. $$ {500 cm^2}$$ | |
32. |
What is compound interest accrued on an amount of Rs 45000 in 2 yr @ 9% per annum ? |
A. | Rs 8600 |
B. | Rs 8565.40 |
C. | Rs 8464.50 |
D. | Rs 8540 |
E. | None of these |
Answer» D. Rs 8540 | |
33. |
The compound interest on Rs.30,000 at 7% per annum is Rs. 4347. The period (in years) is: |
A. | 2 |
B. | 3 |
C. | 2 |
D. | 4 |
Answer» D. 4 | |
34. |
The difference between the compound interest and simple interest on a certain sum at the rate of 5% p.a in 3 years is Rs. 15.25. The sum is: |
A. | Rs. 2000 |
B. | Rs. 1000 |
C. | Rs. 2500 |
D. | Rs. 1500 |
Answer» B. Rs. 1000 | |
35. |
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. 3054.80 |
D. | Rs. 3052.80 |
Answer» E. | |
36. |
What is the compound interest on Rs. 48,000 for 2 years at 20% p.a., if interest is compounded annually? |
A. | Rs. 69,120 |
B. | Rs. 21,120 |
C. | Rs. 76,800 |
D. | Rs. 72,000 |
Answer» C. Rs. 76,800 | |
37. |
What will be compound interest on a sum of Rs. 1000 at the rate of interest 10% after 5 years? |
A. | Rs. 610.51 |
B. | Rs. 559.45 |
C. | Rs. 665.50 |
D. | Rs. 665.51 |
Answer» B. Rs. 559.45 | |
38. |
What is the rate of interest p.c.pa? |
A. | A |
B. | B |
C. | C |
D. | D |
E. | E |
Answer» B. B | |
39. |
Mr. Tiwari invested Rs.25000 in two fixed deposits X and Y offering compound interest at 6% per annum and 8% per annum, respectively. If the total amount of interest accrued in two years through both fixed deposits is Rs.3518, then the amount invested in scheme X is - |
A. | Rs.12000 |
B. | Rs.13500 |
C. | Rs.15000 |
D. | Rs.16500 |
Answer» D. Rs.16500 | |
40. |
The difference between the simple interest and the compound interest (compounded annually) at the rate of 12% per annum on Rs.5000 for 2 years will be |
A. | Rs.17.50 |
B. | Rs.36 |
C. | Rs.45 |
D. | Rs.72 |
Answer» E. | |
41. |
If the compound interest on a certain sum for two consecutive years is Rs.220 and Rs.242, then the rate of interest per annum is |
A. | 8% |
B. | 10% |
C. | 11% |
D. | 12% |
Answer» C. 11% | |
42. |
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 9 % per anmum is Rs . 405 The sum is |
A. | 50000 |
B. | 100000 |
C. | 200000 |
D. | 150000 |
Answer» B. 100000 | |
43. |
A bank offers 20% compound interest per half year. A customer deposits Rs 7600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained from interest is |
A. | Rs 9727 |
B. | Rs 2432 |
C. | Rs 4864 |
D. | Rs 1216 |
Answer» D. Rs 1216 | |
44. |
Rs.4000 becomes Rs. 5000 in 4 years at a certain rate of compound interest. What will be the sum at the end of 12 years? |
A. | Rs. 7712.50 |
B. | Rs. 7812.50 |
C. | Rs. 7612.50 |
D. | Rs. 7512.50 |
Answer» C. Rs. 7612.50 | |
45. |
If the difference between the compound interest and simple interest on a certain sum at 5% per annum for 3 years is Rs.11.40, what is the approximate sum? |
A. | Rs.1475 |
B. | Rs.1585 |
C. | Rs.1485 |
D. | Rs.1495 |
Answer» E. | |
46. |
There is 40 % increase in an amount in 8 years at simple interest. What will be the compound interest (in rupees) of Rs 30000 after 2 years at the same rate? |
A. | 6150 |
B. | 7687.5 |
C. | 4612.5 |
D. | 3075 |
Answer» E. | |
47. |
One certain Principal if the Simple interest for two years is Rs 2400 and Compound interest for the two years is Rs 2544, what is the rate of Interest? |
A. | 12 % |
B. | 6 % |
C. | 24 % |
D. | 18 % |
Answer» B. 6 % | |
48. |
A bank offers 15 % compound interest per half-year. A customer deposits Rs 2400 each on 1 January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is |
A. | Rs. 2268 |
B. | Rs. 1134 |
C. | Rs. 567 |
D. | Rs. 283 |
Answer» C. Rs. 567 | |
49. |
Rs. 260200 is divided between Ram and Shyam so that the amount that Ram receives in 4 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4% per annum then Ram's share is |
A. | Rs. 125000 |
B. | Rs. 135200 |
C. | Rs. 152000 |
D. | Rs. 108200 |
Answer» C. Rs. 152000 | |
50. |
B borrows 5,000 from A at 6 % p.a. simple interest and lends it to C at compound interest of 10 % p.a. If B collects the money back from C after 2 years and repays A, the profit made by B in the transaction is |
A. | Rs. 1,050 |
B. | Rs. 500 |
C. | Rs. 450 |
D. | Rs. 600 |
Answer» D. Rs. 600 | |