

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.
151. |
1261 in 3 years at the rate of 5 percent annual interest on a sum of money. Interest is received by compound . money will be |
A. | 9000 |
B. | 8400 |
C. | 7500 |
D. | 8000 |
Answer» E. | |
152. |
A borrowed Rs.1500 at 4% per annum and Rs.1400 at 5% per annum for the same period. He paid Rs.390 as total interest. Find the time for which he borrowed the sum. |
A. | 3 years |
B. | 3.5 years |
C. | 4.5 years |
D. | 4 years |
Answer» B. 3.5 years | |
153. |
A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest. |
A. | 1500 |
B. | 1600 |
C. | 1568 |
D. | 1750 |
Answer» D. 1750 | |
154. |
When a amount is given at a compound interest rate of 18% per annum, the interest received on compound annual payable in two years will be Rs 960 more than half yearly interest. What is the amount? |
A. | 60,000 |
B. | 70,000 |
C. | 55,000 |
D. | 50,000 |
Answer» E. | |
155. |
What is the difference between compound interest and simple interest on Rs. 2500 for 2 years at 4% per annum? |
A. | 4 |
B. | 20 |
C. | 40 |
D. | 400 |
Answer» B. 20 | |
156. |
Rashid borrowed Rs.15000 at the rate of 10% p.a. rate of compound interest, compound annually. He repaid a certain amount at the end of the first. Then he paid Rs. 12100 at the end of the 2nd year to completely discharge the loan. What amount did he repay at the end of 1st year? |
A. | 4500 |
B. | 5500 |
C. | 6500 |
D. | 5800 |
E. | None of these |
Answer» C. 6500 | |
157. |
The difference between compound interest and simple interest on a sum of money for 3 years at 8% per annum is Rs. 354.80. Find the sum. |
A. | Rs. 15000 |
B. | Rs. 18000 |
C. | Rs. 32000 |
D. | Rs. 27000 |
Answer» C. Rs. 32000 | |