MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 10 Mcqs, each offering curated multiple-choice questions to sharpen your Technical MCQs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned? |
| A. | Rs. 350 |
| B. | Rs. 245 |
| C. | Rs. 290 |
| D. | Cannot be determined |
| E. | |
| Answer» E. | |
| 2. |
If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what is the compoundinterest on the same at the same rate and for the same time? |
| A. | 50.75 |
| B. | 51.25 |
| C. | 52.5 |
| D. | 53.75 |
| Answer» C. 52.5 | |
| 3. |
A sum of money, simple interest for 2 years is Rs 660 and compound interest is Rs 696.30, the rate of interest being the same in both cases. |
| A. | 0.11 |
| B. | 0.08 |
| C. | 0.13 |
| D. | 0.09 |
| Answer» B. 0.08 | |
| 4. |
A lent Rs. 25000 to B for 4 years and Rs. 40,000 to C for 3 1/2 years and got Rs. 24,000 S.I from both Band C. Find the rate PCPA. |
| A. | 5 |
| B. | 10 |
| C. | 15 |
| D. | 20 |
| Answer» C. 15 | |
| 5. |
A sum becomes triple in 6 years at S.I. The same sum will become 19 times in how many years? |
| A. | 18 yrs |
| B. | 36 yrs |
| C. | 54 yrs |
| D. | 72 yrs |
| Answer» D. 72 yrs | |
| 6. |
The compound interest on a certain sum for 2 years at a certain rate of interest is Rs 1025 and SimpleInterest on the same sum, same time and same rate of interest is Rs 1,000. Then find the C.I for same sum in3 years. |
| A. | 1456.75 |
| B. | 1657.5 |
| C. | 1576.25 |
| D. | 1502.25 |
| Answer» D. 1502.25 | |
| 7. |
The compound interest on a certain sum for 2 years is Rs. 756 and S.I. is Rs. 720. If the sum is investedsuch that the S.I. is Rs. 1296 and the number of years is equal to the rate per cent per annum, Find the rateof interest? |
| A. | 0.05 |
| B. | 0.08 |
| C. | 0.07 |
| D. | 0.06 |
| Answer» E. | |
| 8. |
Equal amounts of each Rs. 43,892 is lend to two persons for 3 years. One at the rate of 30% S.I. andsecond at the rate of 30% C.I. annually. By how much percent the C.I. is greater than the simple interestreceived in this 3 years duration? |
| A. | 0.31 |
| B. | 0.32 |
| C. | 0.33 |
| D. | 0.34 |
| Answer» D. 0.34 | |
| 9. |
A and B each borrowed equal sums for 3 years at the rate of 5% simple and compound interestrespectively. At the time of repayment B has to pay Rs. 76.25 more than A. The sum borrowed and theinterest paid by A (in Rs.) is: |
| A. | Rs. 10,000, Rs. 1,500 |
| B. | Rs. 11,000, Rs. 1,100 |
| C. | Rs. 10,000, Rs. 1,400 |
| D. | Rs. 9,000, Rs. 200 |
| Answer» B. Rs. 11,000, Rs. 1,100 | |
| 10. |
The difference between simple interest and compound on Rs. 1200 for one year at 10% per annumreckoned half-yearly is: |
| A. | Rs. 2 |
| B. | Rs.3 |
| C. | Rs.4 |
| D. | Rs. 5 |
| Answer» C. Rs.4 | |