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MCQOPTIONS
This section includes 166 Mcqs, each offering curated multiple-choice questions to sharpen your Arithmetic Ability knowledge and support exam preparation. Choose a topic below to get started.
| 101. |
A certain sum of money becomes three times of itself in 20 years at simple interest. In how many years does it become double itself at the same rate of simple interest ? |
| A. | years |
| B. | 0 years |
| C. | 2 years |
| D. | 4 years |
| Answer» C. 2 years | |
| 102. |
If simple interest on Rs. 600 for 4 years and on Rs. 600 for 2 years combined together is Rs.180, find the rate of interest. |
| A. | % |
| B. | % |
| C. | .5% |
| D. | .25% |
| Answer» C. .5% | |
| 103. |
At what rate of simple interest per annum can an amount of Rs. 1553.40 be obtained on the principal amount of Rs. 8630 after 3 years? |
| A. | p.c.p.a |
| B. | p.c.p.a |
| C. | p.c.p.a |
| D. | p.c.p.a |
| E. | one of these |
| Answer» F. | |
| 104. |
Deepak invested an amount of Rs. 21250 for 6 years. At what rate of simple interest will be obtain the total amount of Rs. 26350 at the end of 6 years? |
| A. | p.c.p.a |
| B. | p.c.p.a |
| C. | p.c.p.a |
| D. | 2 p.c.p.a |
| E. | one of these |
| Answer» F. | |
| 105. |
If the simple interest on a sum of money for 15 months at $${\text{7}}\frac{1}{2}$$ %per annum exceeds the simple interest on the same sum for 8 months at $${\text{12}}\frac{1}{2}$$ %per annum by Rs. 32.50, then the sum of money ( In Rs.) is ? |
| A. | s. 312 |
| B. | s. 312.50 |
| C. | s. 3120 |
| D. | s. 3120.50 |
| Answer» D. s. 3120.50 | |
| 106. |
Mohan lent some amount of money at 9%simple interest and an equal amount of money at 10%simple interest each for two years. If his total interest was Rs. 760, what amount was lent in each case ? |
| A. | s. 1700 |
| B. | s. 1800 |
| C. | s. 1900 |
| D. | s. 2000 |
| Answer» E. | |
| 107. |
What sum will amount to Rs. 7000 in 5 years at $${\text{3}}\frac{1}{3}$$ %simple interest ? |
| A. | s. 6300 |
| B. | s. 6500 |
| C. | s. 6000 |
| D. | s. 5000 |
| Answer» D. s. 5000 | |
| 108. |
Asmita invest an amount of Rs. 9534 @ 4 p.c.p.a to obtain a total amount of Rs. 11442 on simple interest after a certain period. For how many years did she invest the amount to obtain the total sum? |
| A. | years |
| B. | years |
| C. | years |
| D. | 0 years |
| Answer» D. 0 years | |
| 109. |
How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5%per annum of simple interest? |
| A. | .5 years |
| B. | years |
| C. | .5 years |
| D. | years |
| Answer» C. .5 years | |
| 110. |
A money lender finds that due to fall in the annual rate of interestfrom 8%to $${\text{7}}\frac{3}{4}{\text{%,}}$$his yearly income diminishes by Rs. 61.50. His capital is=? |
| A. | s. 22400 |
| B. | s. 23800 |
| C. | s. 24600 |
| D. | s. 26000 |
| Answer» D. s. 26000 | |
| 111. |
What sum of money will amount to Rs. 520 in 5 years and to Rs. 568 in 7 years at simple interest? |
| A. | s. 400 |
| B. | s. 120 |
| C. | s. 510 |
| D. | s. 220 |
| Answer» B. s. 120 | |
| 112. |
A sumof Rs. 1550 was lent partly at 5%and partly at 8%simple interest. The total interest received after 3 years is Rs. 300. The ratio of money lent at 5%to that at 8%is=? |
| A. | : 8 |
| B. | : 5 |
| C. | 1 : 6 |
| D. | 6 : 15 |
| Answer» E. | |
| 113. |
Ramakant invested amounts in two different schemes A and B for five years in the ratio of 5 : 4 respectively. Scheme A offers 8%simple interest and bonus equal to 20%of the amount of interest earned in 5 years on maturity. Scheme B offers 9%simple interest. If the amount invested in scheme A was Rs. 20000, what was the total amount received on maturity from both the schemes? |
| A. | s. 50800 |
| B. | s. 51200 |
| C. | s. 52800 |
| D. | s. 58200 |
| Answer» D. s. 58200 | |
| 114. |
A person borrows Rs. 5000 for 2 year at 4%p.a. simple interest. He immediately lends it to another person at $$6\frac{1}{4}$$ %p.a. for 2 years. Find his gain in the transaction per year. |
| A. | s. 112.50 |
| B. | s. 125 |
| C. | s. 150 |
| D. | s. 167.50 |
| Answer» B. s. 125 | |
| 115. |
A sum of Rs. 1750 is divided into two parts such that the interests on the first part at 8%simple interest per annum and that on the other part at 6%simple interest per annum are equal.The interest on each part ( in Rupees) is ? |
| A. | s. 60 |
| B. | s. 65 |
| C. | s. 70 |
| D. | s. 40 |
| Answer» B. s. 65 | |
| 116. |
At what rate percent per annum will the simple interest on a sum of money be$$\frac{2}{5}$$ of the principal amount in 10 years ? |
| A. | % |
| B. | % |
| C. | $5\frac{2}{3}$$ % |
| D. | $6\frac{2}{3}$$ % |
| Answer» B. % | |
| 117. |
The simple interest on a sum of money is $$\frac{4}{9}$$ of the principal and the number of years is equal to the rate percent per annum. The rate per annum is=? |
| A. | % |
| B. | $6\frac{2}{3}$$ % |
| C. | % |
| D. | $7\frac{1}{5}$$ % |
| Answer» C. % | |
| 118. |
What will be the simple interest earned on an amount of Rs. 16,800 in 9 months at the rate of $$6\frac{1}{4}$$ %p.a. ? |
| A. | s. 787.50 |
| B. | s. 812.50 |
| C. | s. 860 |
| D. | s. 887.50 |
| Answer» B. s. 812.50 | |
| 119. |
Ram borrows Rs. 520 from Gaurav at a simple interest of 13%per annum. What amount of money should Ram pay to Gaurav after 6 months to be absolved of the debt?. |
| A. | s. 353.80 |
| B. | s. 453.80 |
| C. | s. 552.80 |
| D. | s. 553.80 |
| Answer» E. | |
| 120. |
A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 years and 3 months. The rate of interest per annum is=? |
| A. | $5\frac{1}{2}$$ % |
| B. | % |
| C. | % |
| D. | % |
| Answer» D. % | |
| 121. |
The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is ? |
| A. | .1% |
| B. | .2% |
| C. | .3% |
| D. | .4% |
| Answer» D. .4% | |
| 122. |
A sum of money becomes $$\frac{7}{6}$$ of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is ? |
| A. | $5\frac{5}{9}$$ % |
| B. | $6\frac{5}{9}$$ % |
| C. | 8 % |
| D. | 5 % |
| Answer» B. $6\frac{5}{9}$$ % | |
| 123. |
A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6$$\frac{1}{4}$$ p.a for 2 years. Find his gain in the transaction per year. |
| A. | s. 112.50 |
| B. | s. 125 |
| C. | s. 150 |
| D. | s. 167.50 |
| Answer» B. s. 125 | |
| 124. |
A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6(1/4) p.a for 2 years. Find his gain in the transaction per year.~! |
| A. | Rs. 112.50 |
| B. | Rs. 125 |
| C. | Rs. 150 |
| D. | Rs. 167.50 |
| Answer» B. Rs. 125 | |
| 125. |
A sum becomes 4 times at simple interest in 10 years. What is the rate of interest?%! |
| A. | 10% |
| B. | 20% |
| C. | 30% |
| D. | 40% |
| Answer» D. 40% | |
| 126. |
If a sum of Rs. 13040 is to be repaid in two equal installments at 3(3/4)% per annum, what is the amount of each installment?%! |
| A. | 7045 |
| B. | 8000 |
| C. | 65067 |
| D. | 6889 |
| Answer» E. | |
| 127. |
*/*_A sum becomes 4 times at simple interest in 10 years. What is the rate of interest?? |
| A. | 10% |
| B. | 20% |
| C. | 30% |
| D. | 40% |
| Answer» D. 40% | |
| 128. |
*/*_If a sum of Rs. 13040 is to be repaid in two equal installments at 3(3/4)% per annum, what is the amount of each installment?? |
| A. | 7045 |
| B. | 8000 |
| C. | 65067 |
| D. | 6889 |
| Answer» E. | |
| 129. |
_ Raju lent Rs. 400 to Ajay for 2 years and Rs. 100 to Manoj for 4 years and received together from both Rs. 60 as interest. Find the rate of interest, simple interest being calculated.$? |
| A. | 5% |
| B. | 6% |
| C. | 8% |
| D. | 9% |
| Answer» B. 6% | |
| 130. |
_ If a certain sum of money becomes doubles at simple interest in 12 years, what would be the rate of interest per annum?$? |
| A. | 8(1/3) |
| B. | 10 |
| C. | 12 |
| D. | 14 |
| Answer» B. 10 | |
| 131. |
_In what time will the simple interest on Rs. 1750 at 9% per annum be the same as that on Rs. 2500 at 10.5% per annum in 4 years?$? |
| A. | 6 years and 8 months |
| B. | 7 years and 3 months |
| C. | 6 years |
| D. | 7 years and 6 months |
| Answer» B. 7 years and 3 months | |
| 132. |
_A sum of money becomes 7/4 of itself in 6 years at a certain rate of simple interest. Find the rate of interest.$? |
| A. | 12% |
| B. | 12(1/2)% |
| C. | 8% |
| D. | 14% |
| Answer» C. 8% | |
| 133. |
The difference between simple and compound interest on a sum of money at 20% per annum for 3 years is Rs. 48. What is the sum? |
| A. | Rs. 550 |
| B. | Rs. 500 |
| C. | Rs. 375 |
| D. | Rs. 400 |
| Answer» D. Rs. 400 | |
| 134. |
Divide Rs. 6000 into two parts so that simple interest on the first part for 2 years at 6% p.a. may be equal to the simple interest on the second part for 3 years at 8% p.a. |
| A. | Rs. 4000, Rs. 2000 |
| B. | Rs. 5000, Rs. 1000 |
| C. | Rs. 3000, Rs. 3000 |
| D. | None of these |
| Answer» B. Rs. 5000, Rs. 1000 | |
| 135. |
A sum was invested at simple interest at a certain interest for 2 years. It would have fetched Rs. 60 more had it been invested at 2% higher rate. What was the sum? |
| A. | Rs. 1500 |
| B. | Rs. 1300 |
| C. | Rs. 2500 |
| D. | Rs. 1000 |
| Answer» B. Rs. 1300 | |
| 136. |
A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times? |
| A. | 9 years |
| B. | 8 years |
| C. | 27 years |
| D. | 12 years |
| Answer» E. | |
| 137. |
The difference between simple and compound interest for the fourth year is Rs. 7280 at 20% p.a. What is the principal sum? |
| A. | 10000 |
| B. | 50000 |
| C. | 70000 |
| D. | 40000 |
| Answer» C. 70000 | |
| 138. |
A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum? |
| A. | Rs. 4462.50 |
| B. | Rs. 8032.50 |
| C. | Rs. 8900 |
| D. | Rs. 8925 |
| E. | None of these |
| Answer» E. None of these | |
| 139. |
A man had 1000 hens at the beginning of year 2001 and the number of hens each year increases by 10% by giving birth. At the end of each year we double the no. of hens by purchasing the same no. of hens as there is the no. of hens with us at the time. What is the no. of hens at the beginning of 2004? |
| A. | 10600 |
| B. | 10648 |
| C. | 8848 |
| D. | 8226 |
| E. | None of these |
| Answer» C. 8848 | |
| 140. |
The population of vultures in a particular locality is decreases by 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 3rd year be 10:9. What was the population of vultures 3 years ago? |
| A. | 30000 |
| B. | 35000 |
| C. | 40000 |
| D. | 50000 |
| E. | Cannot determined |
| Answer» D. 50000 | |
| 141. |
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is: |
| A. | Rs. 650 |
| B. | Rs. 690 |
| C. | Rs. 698 |
| D. | Rs. 700 |
| E. | None of these |
| Answer» D. Rs. 700 | |
| 142. |
A milkman sells cow milk at the rate of Rs. 55 litre including a profit 12 per cent. He also sells buffalo milk at the rate of Rs. 36 per litre including a profit of 20%. How much profit will he earn in five days if he sells 8 litres of cow milk and 10 litres of buffalo milk per day? |
| A. | Rs. 632 |
| B. | Rs. 624 |
| C. | Rs. 646 |
| D. | Rs. 642 |
| E. | None of these |
| Answer» F. | |
| 143. |
There is a decrease of 10% yearly on an article. If this article was bought 3 years ago and present cost is Rs. 5,832 then what was the cost of article at buying time? |
| A. | Rs. 7,200 |
| B. | Rs. 7,862 |
| C. | Rs. 8,000 |
| D. | Rs. 8,500 |
| Answer» E. | |
| 144. |
What is the amount of equal installment, if a sum of Rs. 1428 due 2 years hence has to be completely repaid in 2 equal annual installments starting next year?. |
| A. | 700 |
| B. | 800 |
| C. | 650 |
| D. | cannot be determined |
| Answer» E. | |
| 145. |
A sum of Rs. 210 was taken as a loan. This is to be paid back in two equal installments. If the rate of the interest be 10% compounded annually, then the value of each installment is: |
| A. | Rs. 121 |
| B. | Rs. 127 |
| C. | Rs. 210 |
| D. | Rs. 225 |
| Answer» B. Rs. 127 | |
| 146. |
Find the difference between the simple interest and the compound interest at 5% per annum for 2 years on principal of Rs. 2000. |
| A. | 5 |
| B. | 10.5 |
| C. | 4.5 |
| D. | 5.5 |
| E. | None of these |
| Answer» B. 10.5 | |
| 147. |
Rs. 2100 is lent at compound interest of 5% per annum for 2 years. Find the amount after two years. |
| A. | Rs. 2300 |
| B. | Rs. 2315.25 |
| C. | Rs. 2310 |
| D. | Rs. 2320 |
| E. | None of these |
| Answer» C. Rs. 2310 | |
| 148. |
What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years? |
| A. | 1 : 3 |
| B. | 1 : 4 |
| C. | 2 : 3 |
| D. | Data inadequate |
| E. | None of these |
| Answer» D. Data inadequate | |
| 149. |
Interest obtained on a sum of Rs. 5000 for 3 years is Rs. 1500. Find the rate percent. |
| A. | 8% |
| B. | 9% |
| C. | 10% |
| D. | 11% |
| E. | 12% |
| Answer» D. 11% | |
| 150. |
A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest? |
| A. | 3% |
| B. | 4% |
| C. | 5% |
| D. | 6% |
| E. | None of these |
| Answer» E. None of these | |