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.

101.

The ratio between compound interest and simple interest for a certain amount is 43 : 40 for 2 years, the find the rate of interest.

A. 15 %
B. 18 %
C. 20 %
D. 12 %
E. None of these
Answer» B. 18 %
102.

What is compound interest on a sum of Rs. 37,500 for $$ {1{1 over 3}}$$ years at a rate of 12 % per year. If the interest is compounded 8 monthly?

A. Rs.6, 420
B. Rs.6, 448
C. Rs.6, 240
D. Rs.6, 440
Answer» D. Rs.6, 440
103.

There is 80% increase in amount in 5 years at simple interest. What will be the compound interest of Rs. 20,000 after 3 years at the same rate?

A. Rs.1000
B. Rs.11217.92
C. Rs.11717.20
D. Rs.13217.92
Answer» C. Rs.11717.20
104.

What will be the compound interest on a sum of Rs 7500 at 4 % in 2 years?

A. 618
B. 612
C. 624
D. 606
E. 621
Answer» C. 624
105.

Rahul plans to buy a scooter for his sister for which he saves Rs. 15625 at the start of every year for 3 year. If the rate of CI is 4% pa. then amount at which he plans to buy the scooter is (in Rs.)

A. 75489
B. 42751
C. 50726
D. 48563
Answer» D. 48563
106.

A man borrowed some money from a private organisation at 5 % simple interest per annum. He landed this money to another person at 10% compound interest per annum, and made a profit of Rs. 26,410 in 4 years. The man borrowed

A. 132050
B. 100000
C. 200000
D. 150000
Answer» C. 200000
107.

A sum of money is invested at 20 % compound interest (compounded annually). It would fetch 723 more if interest is compound half-yearly. The sum is

A. 20,000
B. 7,500
C. 72,300
D. 30,000
Answer» D. 30,000
108.

In 3 years 3000 amounts to 3993 at x % compound interest, compounded annually. The value of x is

A. 5%
B. 33%
C. 10%
D. 8%
Answer» D. 8%
109.

The compound interest earned in two years at 12% per annum Rs 10176. What is the sum (in Rs) invested?

A. 40000
B. 80000
C. 50000
D. 60000
Answer» B. 80000
110.

If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs 24200, and Rs 26620 respectively, what is the rate (in %) of interest?

A. 9
B. 4
C. 7
D. 10
Answer» E.
111.

If the amount is $$3{3 over 8}$$ times the sum after 3 years at compound interest compounded annually, then the rate of interest per annum is

A. 63%
B. 33%
C. 25%
D. 50%
Answer» E.
112.

A certain amount of money earns 540 as simple interest in 3 years. If it earns compound interest of 376.20 at the same rate of interest in 2 years, find the principal (in Rupees).

A. 2100
B. 2000
C. 1600
D. 1800
Answer» C. 1600
113.

A, B and C invested amounts in the ratio 3 : 4 : 5 respectively. If the schemes offered compound at the rate of 20 % per annum, 15 % per annum and 10 % per annum respectively, then what will be the ratio of their amounts after 1 year?

A. 36:46:55
B. 12:23:11
C. 3:15:25
D. 6 : 6 : 5
Answer» B. 12:23:11
114.

The difference between compound interest and simple interest on a sum for 2 year at 20% per annum is Rs 200. If the interest is compounded half yearly, then what is the difference (in Rs) between compound and simple interest for 15 year?

A. 100
B. 150
C. 50
D. 75
Answer» D. 75
115.

The sum for 2 years gives a compound interest of 3225 at 15 % rate. Then sum is

A. 15000
B. 32250
C. 10000
D. 20000
Answer» D. 20000
116.

A sum of Rs. 2000 amounts to Rs. 4000 in two years at compound interest. In how many years does the same amount becomes Rs. 8000.

A. 6
B. 8
C. 2
D. 4
Answer» E.
117.

The amount on 25000 in 2 years at annually compound interest. if the rate for the successive years be 4 % and 5 % per annum respectively is

A. 28500
B. 30000
C. 26800
D. 27300
Answer» E.
118.

In what time will 64,000 amount to 68,921 at 5 % per annum interest being compounded half yearly?

A. $$3{1 over 2} years$$
B. $$2{1 over 2} years$$
C. $$1{1 over 2} years$$
D. $$1{3 over 2} years$$
Answer» D. $$1{3 over 2} years$$
119.

An amount of money at compound interest grows up to Rs. 3,840 in 4 years and up to Rs. 3,936 in 5 years. Find the rate of interest.

A. 3.5 %
B. 2.05 %
C. 2.5 %
D. 2 %
Answer» D. 2 %
120.

Sita deposited Rs . 5,000 at 10 % simple interest for 2 years. How much more money will Sita have in her account at the end of two years. If it is compounded semiannually.

A. Rs. 77.50
B. Rs. 85.50
C. Rs. 50
D. Rs. 40
Answer» B. Rs. 85.50
121.

A sum becomes Rs. 2916 in 2 years at 8 % per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be

A. Rs. 650
B. Rs. 625
C. Rs. 600
D. Rs. 675
Answer» E.
122.

An amount of money appreciates to Rs. 7,000 after 4 years and to Rs. 10,000 after 8 years at a certain compound interest compounded annually. The initial amount of money was

A. Rs. 4100
B. Rs. 4300
C. Rs. 4700
D. Rs . 4900
Answer» E.
123.

A sum of money invested at compound interest amounts to Rs. 650 at the end of first year and Rs. 676 at the end of second year. The sum of money is

A. Rs. 625
B. Rs. 560
C. Rs. 600
D. Rs. 540
Answer» B. Rs. 560
124.

The compound interest on 12000 for 9 months at 20 % per annum , interest being compounded quarterly is

A. 2136
B. 1750
C. 1891.50
D. 2089.70
Answer» D. 2089.70
125.

On a certain sum of money, the simple interest for 2 years is Rs. 350 at the rate of 4 % per annum. If it was invested at compound interest at the same rate for the same duration as before, how much more interest would be earned?

A. Rs. 14
B. Rs. 35
C. Rs. 3.50
D. Rs. 7
Answer» E.
126.

A sum of money becomes eight times of itself in 3 years at compound interest. The rate of interest per annum is

A. 20 %
B. 10 %
C. 100 %
D. 80 %
Answer» D. 80 %
127.

A sum of money becomes eight times in 3 years, if the rate is compounded annually. In how much time will the amount at the same compound rate become sixteen times?

A. 8 years
B. 5 years
C. 6 years
D. 4 years
Answer» E.
128.

A sum of Rs. 8000 will amount to Rs. 8820 in 2 years if the interest is calculated every year. The rate of compound interest is

A. 3 %
B. 5 %
C. 6 %
D. 7 %
Answer» C. 6 %
129.

If the difference between the compound and simple interest on a certain sum of money for 3 years at 5 % per annum is Rs. 15.25, then the sum is

A. Rs. 1,500
B. Rs. 2,500
C. Rs. 2,000
D. Rs. 1,000
Answer» D. Rs. 1,000
130.

A sum of money doubles itself in 4 years compound interest. It will amount to 8 times itself at the same rate of interest is -

A. 16 years
B. 24 years
C. 18 years
D. 12 years
Answer» E.
131.

The difference between the compound and the simple interest on a sum for 2 years at 10 % per annum , when the interest is compounded annually, is Rs.28. If the yearly interest were compounded half yearly, the difference in the two interests will be

A. Rs. 43.41
B. Rs. 43.29
C. Rs. 44
D. Rs. 28.35
Answer» B. Rs. 43.29
132.

A man buys a scooter on making a cash down payment of Rs. 16224 and promises to pay two more yearly installments of an equivalent amount in the next two years. If the rate of interest is 4% per annum, compounded yearly, the cash value of the scooter, is

A. Rs. 46000
B. Rs. 50000
C. Rs. 40000
D. Rs. 46824
Answer» E.
133.

At what percent per annum will Rs. 3000 amounts to Rs. 3993 in 3 years if the interest is compounded annually?

A. 11%
B. 13%
C. 9%
D. 10%
Answer» E.
134.

A sum of money becomes double in 3 years at compound interest compounded annually at the same rate. In how many years will it become four times of itself?

A. 6.4 years
B. 7.5 years
C. 4 years
D. 6 years
Answer» E.
135.

The Population of vultures in a particular locality is decreases by a certain rate of interest (compounded annually). If the current population of vultures be 29160 and the ratio of decrease in population for second year and third year be 10: 9. What was the population of vultures 3 years ago?

A. 30000
B. 35000
C. 40000
D. 50000
Answer» D. 50000
136.

Mr. Rajesh 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.15000
B. Rs.16500
C. Rs.12000
D. Rs.13500
Answer» B. Rs.16500
137.

Raman took a loan of Rs. 15000 from Laxman. He was agreed that for the first three years rate of interest charged would be at 8% Simple Interest per annum and at 10% Compound Interest (compounded, annually) from the fourth year onwards. Ram did not pay anything until the end of the fifth year. How much would he repay if he clears the entire amount, only at the end of fifth year? (inRs.)

A. Rs. 22506
B. Rs. 22105
C. Rs. 22900
D. Rs. 22500
E. Rs. 22450
Answer» B. Rs. 22105
138.

Monica deposited a total of Rs. 10500 with a bank in two different deposit schemes at 10% p.a., interest being compounded annually. As per the schemes, she gets the same amount after 2 years on the first deposit as she gets after 3 years on the second deposit. How much money did she deposit for 3 years?

A. Rs. 4500
B. Rs. 5000
C. Rs. 6500
D. Rs. 7200
E. None of these
Answer» C. Rs. 6500
139.

A certain sum of money at a certain rate doubles itself in 9 years, then in how many years it will become the same sum will be 5 times of itself?

A. 25 years
B. 36 years
C. 27 years
D. 45 years
E. 48 years
Answer» C. 27 years
140.

In how many years will Rs 2000 become Rs 2420 at 10 percent compound annual interest?

A. 3
B. $$ {2{1 over 2}}$$
C. 2
D. $$ {1{1 over 2}}$$
Answer» D. $$ {1{1 over 2}}$$
141.

Raman invested P for 2 years in scheme A which offered 20% p.a. compound interest (compounded annually). He lent the interest earned from scheme A to Shubh, at the rate of 7.5% p.a. simple interest. If at the end of 2 years, Shubh gave Rs.3,036/- to Raman and thereby repaid the whole amount (actual loan + interest), what is the value of P

A. Rs. 6,000/-
B. Rs. 5,800/-
C. Rs. 6,800/-
D. Rs. 5,400/-
E. Rs. 6,400/-
Answer» B. Rs. 5,800/-
142.

A sum of money at compound interest doubles itself in 15 years. It will become eight times of itself in

A. 45 years
B. 48 years
C. 54 years
D. 60 years
Answer» B. 48 years
143.

What will be the compound interest on a sum of Rs. 21000 for 2 years at the rate of 14.28% per annum when interest is compound yearly?

A. 6428
B. 3162
C. 7129
D. 8231
Answer» B. 3162
144.

If the compound interest rate is 20% per annum compounded half yearly, then what will be the interest for two years on the principal of Rs. 100000?

A. 46,410
B. 44,000
C. 21,000
D. 33,100
Answer» B. 44,000
145.

In how many years will be Rs. 2,000 amounts to Rs.2,420 at 10% per annum compound interest ?

A. 3 years
B. $$ {2}{1 over2} years$$
C. 2 years
D. $$ {1}{1 over2} years$$
Answer» D. $$ {1}{1 over2} years$$
146.

Mr. Duggal invested Rs. 20, 000 with rate of interest at 20 p.c.p.a. The interest was compounded half yearly for first year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years?

A. Rs. 8,800
B. Rs. 9,040
C. Rs. 8,040
D. Rs. 9,800
E. None of these
Answer» C. Rs. 8,040
147.

The simple interest on a certain sum for 2 years at a certain rate of interest is Rs.2000 and compound interest on the same sum, same time and same rate of interest is Rs.2050. Then find the ratio between CI for 2 years and CI for 3 years?

A. 820 : 1361
B. 820 : 1261
C. 1261 : 820
D. 1361 : 820
E. None of these
Answer» C. 1261 : 820
148.

What will be Compound interest on Rs 2000 at 20% per annum rate for 1 year and 6 months, if interest is compounded on half-yearly basis.

A. Rs 665
B. Rs 656
C. Rs 662
D. Rs 663
E. None of these
Answer» D. Rs 663
149.

What will be compound interest-on, a sum of Rs 1000 at die rate of 10 percent per annum after 5 year?

A. Rs 610.51
B. Rs 559.45
C. Rs 665.50
D. Rs 665.51
E. None of these
Answer» B. Rs 559.45
150.

What would be the compound interest obtained on an amount of Rs.1250 at the rate of 8 percent per annum after 2 years?

A. Rs.200
B. Rs.208
C. Rs.212
D. Rs.220
E. None of these
Answer» C. Rs.212