Explore topic-wise MCQs in Maths.

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.

51.

If the compound interest rate is 20% per year, compounded half-yearly, then what will be the interest of two years on the principal of 1,00,000?
A. 46,410
B. 44,000
C. 21,000
D. 33,100
Answer» B. 44,000
Discussion
52.

What will be the compound interest (compounded annually) of 3 years at the rate of 12.5 percent on an amount of Rs. 5120?
A. 2280 Rupees
B. 1960 Rupees
C. 2170 Rupees
D. 2120 Rupees
Answer» D. 2120 Rupees
Discussion
53.

What amount of compound interest can be obtained on the principal amount of Rs. 15800 at the rate of 6 percent per annum at the end of 2 years?

A. Rs 1,896
B. Rs.2012.48
C. Rs. 1952.88
D. Rs.1,956
E. None of these
Answer» D. Rs.1,956
Discussion
54.

Difference between C.I and S.I is Rs.35 at 5% per annum for 2 years. What is the principal?

A. 14,000
B. 12,000
C. 10,000
D. 15,000
Answer» B. 12,000
Discussion
55.

What will be the compound interest of 3 years at the rate of 5 % of 1000 rupees?
A. Rs. 157.650
B. Rs. 157.625
C. Rs. 155.625
D. Rs. 160.625
Answer» C. Rs. 155.625
Discussion
56.

If the difference between 2 years compound interest and simple interest at the rate of 5 percent of an amount is Rs. 25, then that amount will be?
A. Rs. 15,000
B. Rs. 10,000
C. Rs. 20,000
D. Rs. 12,000
Answer» C. Rs. 20,000
Discussion
57.

A person can buy a refrigerator for Rs.15,850 on cash payment or in installments for every year at 10% p.a for four years compounded annually. What is the approximate annual installment that he should pay?
A. Rs.6000
B. Rs.5500
C. Rs.5000
D. Rs.5200
E. Rs.4500
Answer» D. Rs.5200
Discussion
58.

Vijay lent Rs.5000. At what rate percent per annum he lent the money?
Statement I: The difference between the simple interest and compound interest on same money is Rs.60.
Statement II: The simple interest obtained after 4 years is Rs.300.
Statement III: The difference between compound interest and simple interest on Rs.60,000 in 2 years is Rs.1350.
A. Only I and II together are sufficient
B. Either II or III are sufficient
C. Any two of the three are sufficient
D. All three together are needed
E. Even all together are not sufficient
Answer» C. Any two of the three are sufficient
Discussion
59.

A sum on compound interest amounts to Rs. 2410 in 3 years and Rs. 2651 in 4 years. Find the sum.
A. Rs. 1216
B. Rs. 1500
C. Rs. 1900
D. Rs. 1600
E. None of these
Answer» F.
Discussion
60.

A bank pays half-yearly compound interest at the rate of 5% p.a. . A person deposited Rs 1600 on January 1 and a similar amount on July 1 . Explain how much interest will be paid by the bank at the end of the year.
A. 168
B. 242
C. 115
D. 121
Answer» E.
Discussion
61.

Find the compound interest to the nearest rupee on Rs. 7500 for 2 years 4 months at 12% p.a reckoned annually?
A. 2284
B. 2176
C. 2097
D. 2235
Answer» B. 2176
Discussion
62.

The compound interest on a certain sum of money invested for 2 years at 5 % per annum is Rs. 328. The simple interest on the sum, at the same rate and for the same period will be

A. Rs . 320
B. Rs . 308
C. Rs . 300
D. Rs . 287
Answer» B. Rs . 308
Discussion
63.

The compound interest on Rs.16, 000 for 9 months at 20 % per annum, interest being compounded quarterly, is
A. Rs. 2,520
B. Rs. 2,524
C. Rs. 2,522
D. Rs. 2,518
Answer» D. Rs. 2,518
Discussion
64.

Rs 1250 becomes Rs 1352 after a certain period at the rate of 4% per annum. Find out the period of investment, if interest add in principal after every year?

A. 4 years
B. 2 years
C. 3 years
D. 5 years
Answer» C. 3 years
Discussion
65.

Two sums are in the ratio 4:3. Both the sums are lent at 5% per annum and 10% per annum under compound interest for two years. The difference between the interest at the end of two years is Rs. 1540. What was the sum lent at 10% per annum?
A. Rs 16000
B. Rs 21000
C. Rs 15000
D. Rs 28000
Answer» C. Rs 15000
Discussion
66.

The difference between C.I and S.I is Rs 200 at 5% for 2 years. Find the principal?

A. 80,000
B. 40,000
C. 20,000
D. 10,000
Answer» B. 40,000
Discussion
67.

Difference between C.I and S.I for 3 years at 10% is Rs 465. Find the principal.

A. 15000
B. 12000
C. 14000
D. 13000
Answer» B. 12000
Discussion
68.

A certain sum amounts to Rs 1308 in 3 years, while it becomes Rs 1380 in 5 years. Find the principal.

A. Rs 1100
B. Rs 1200
C. Rs 1300
D. Rs 1400
Answer» C. Rs 1300
Discussion
69.

If rate of interest is 2% more, the amount will exceed Rs. 60 for one year, find the principal?

A. 300
B. 3,000
C. 6,000
D. 4,000
Answer» C. 6,000
Discussion
70.

Mr Amin borrowed a certain sum from Mr Visvas. He borrowed for first 2 year at 8% per annum, for next 3 years at 11% per annum and beyond that at 14% per annum. Mr Amin paid Rs 10,920 as Simple interest in 8 years. Find how much he had borrowed?

A. Rs 12000
B. Rs 15000
C. Rs 14000
D. Data insufficient
E. None of these
Answer» B. Rs 15000
Discussion
71.

A sum is lent for 4 years at simple interest. Had the rate been 3% less, simple interest received would also have been Rs. 96 less. Find the principal?

A. 900
B. 800
C. 700
D. 1200
Answer» C. 700
Discussion
72.

Two equal amounts are deposited in two different banks at 12% for 3 years and 4.5 years. The difference between simple interest received is Rs. 72. Find the amount deposited in bank.

A. 500
B. 400
C. 600
D. 450
Answer» C. 600
Discussion
73.

A borrows a sum at 6% per annum. Rate is to be increased by 5% each year. After four year he pays Rs.3375 as simple interest. How much had he borrowed?

A. 12,000
B. 12500
C. 10,000
D. 8,000
E. None of these
Answer» C. 10,000
Discussion
74.

Find the difference between SI and CI for three years at 10% per annual rate on Rs 4000

A. Rs 125
B. Rs 126
C. Rs 124
D. Rs 127
E. None of these
Answer» D. Rs 127
Discussion
75.

Sudhanshu invested Rs.15,000 at interest 10 percent at per annum for one year. If the interest is compounded every six months what amount will Sudhanshu get at the end of the year?

A. Rs. 16,537.50
B. Rs.16,500
C. Rs. 16,525.50
D. Rs.18,150
E. None of these
Answer» B. Rs.16,500
Discussion
76.

A sum of money at compound interest amounts to thrice itself in three years. In how many years will it be 81 times itself?

A. 27
B. 9
C. 12
D. 15
E. None of these
Answer» D. 15
Discussion
77.

The simple interest accrued on an amount of Rs 15,000 at the end of three year is Rs 2,250. What would be the compound interest accrued on the same amount at the same rate in the same period?

A. Rs 8934.6784
B. Rs 8017.5744
C. Rs 7861.8754
D. Cannot be determined
E. None of these
Answer» F.
Discussion
78.

Find the compound interest on Rs.6250 at 12% per annum rate for one year if interest is calculated on half yearly basis.

A. Rs 772.50
B. Rs 772
C. Rs 662
D. Rs 663
E. None of these
Answer» B. Rs 772
Discussion
79.

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.
Discussion
80.

On what sum does the difference between the compound interest and the simple interest for 3 years at 10 % is Rs 31?
A. Rs 1500
B. Rs. 1200
C. Rs. 1100
D. Rs. 1000
Answer» E.
Discussion
81.

A principal of Rs. 6120 becomes Rs. 8330 in 2 years when compounded annually at some rate of interest. How much will be the amount if the same principal was compounded half-yearly?
A. Rs. 8430
B. Rs. 8500
C. Rs. 8300
D. Rs. 8750
E. None of these
Answer» B. Rs. 8500
Discussion
82.

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 cases be 10 %

A. 5500
B. 7200
C. 6500
D. 6000
Answer» E.
Discussion
83.

On a certain principal if the simple interest for two years is Rs. 1400 and compound interest for the two years is Rs. 1449, what is the rate of interest?

A. 3.5 %
B. 14 %
C. 7 %
D. 21 %
Answer» D. 21 %
Discussion
84.

A certain amount of money is lent out at compound interest at the rate of 20% per annum for two years, compounded annually. It would give Rs. 482 more if the amount is compounded half yearly. Find the principal.
A. Rs. 30000
B. Rs. 10000
C. Rs. 15000
D. Rs. 25000
E. Rs. 20000
Answer» F.
Discussion
85.

A sum of money doubles itself at compound interest in 15 years. In how many years it will become eight times?
A. 30 year
B. 45 year
C. 50 year
D. 60 year
Answer» C. 50 year
Discussion
86.

A sum borrowed under compound interest doubles itself in 10 years. When will it become fourfold of itself at the same rate of interest?
A. 15 years
B. 20 years
C. 24 years
D. 40 years
Answer» C. 24 years
Discussion
87.

If the compound interest on a certain sum for 2 years at 4% p.a. is Rs. 102, the simple interest at the same rate of interest for two years would be:
A. Rs. 200
B. Rs. 50
C. Rs. 150
D. Rs. 100
Answer» E.
Discussion
88.

A certain sum amount to Rs.5832 in 2 year at 8% per annum at compound interest, the sum is
A. Rs. 5,800
B. Rs. 5,000
C. Rs. 5,280
D. Rs. 5,400
Answer» C. Rs. 5,280
Discussion
89.

The compound interest earned in two years at 8 % per annum is 3993.6 . What is the sum invested?

A. 24000
B. 25000
C. 30000
D. 20000
Answer» B. 25000
Discussion
90.

Find the difference of CI and SI on a sum of Rs. 30240 invested for 3 years at rate of interest per annum.
A. Rs. 2500
B. Rs. 2440
C. Rs. 2660
D. Rs. 3120
Answer» D. Rs. 3120
Discussion
91.

A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investment be at the end of the 2nd year?
A. Rs. 4355
B. Rs. 4305
C. Rs. 430
D. Rs. 4350
Answer» C. Rs. 430
Discussion
92.

Mr. Mike borrowed Rs. 8500 at 4 % per annum compound interest. The compound interest compounded annually for 2 yeas is:
A. Rs. 9136.6
B. Rs. 639.6
C. Rs. 693.6
D. Rs. 9139.6
Answer» D. Rs. 9139.6
Discussion
93.

What is a difference between simple interest and compound interest in 1 year at a rate of 10 percent on an amount of Rs. 1200. If interest is half yearly compounded?
A. 5 Rupees
B. 6 Rupees
C. 3 Rupees
D. 9 Rupees
Answer» D. 9 Rupees
Discussion
94.

A man borrows some money at 3% simple interest per annum and lends it to somebody at 5% interest to be compounded annually. By this he makes a profit of Rs.541 at the end of 3 years. The money he borrowed was-
A. Rs. 15800
B. Rs. 18400
C. Rs. 8000
D. Rs. 12000
Answer» D. Rs. 12000
Discussion
95.

If the amount is $$ 3{3 over8} % $$ times the sum after 3 years at compound interest compounded annually, then the rate of interest per annum is

A. 25%
B. 50%
C. 16.66%
D. 33.33%
Answer» C. 16.66%
Discussion
96.

A person invested Rs 3000 on compound interest for two years. If the rate of interest is the 25 % for the first year and 20 % for the second year. Then find the CI?
A. 1550
B. 1650
C. 1600
D. 1500
Answer» E.
Discussion
97.

Find compound interest on Rs. 50000 at 12 % per annum for 6 months, compounded quarterly.

A. Rs.3045 / 3045
B. Rs.2875 / 2875
C. Rs.3125 / 3125
D. Rs.2965 / 2965
Answer» B. Rs.2875 / 2875
Discussion
98.

A sum of Rs.13,000 is to be paid back in 2 equal annual instalments. How much is each instalment if the interest is compounded annually at 8 % per annum?
A. Rs.7280
B. Rs.7290
C. Rs.7270
D. Rs.7920
Answer» C. Rs.7270
Discussion
99.

In how much time compound money at compound interest of half yearly rate of Rs 800 will be Rs 926.10?
A. $$ {1}{1 over3}year$$
B. $$ {1}{1 over2}year$$
C. $$ {2}{1 over3}year$$
D. $$ {2}{1 over2}year$$
Answer» C. $$ {2}{1 over3}year$$
Discussion
100.

The compound interest on Rs. 6250 at 12% per annum for 1 year, compounded half-yearly is
A. 772.50
B. 772
C. 672.50
D. 672
Answer» B. 772
Discussion