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MCQOPTIONS
This section includes 360 Mcqs, each offering curated multiple-choice questions to sharpen your Aptitude knowledge and support exam preparation. Choose a topic below to get started.
| 201. |
A boy aged 12 years is left with Rs. 100,000 which is under a trust. The trustees invest the money at 6% per annum and pay the minor boy a sum of Rs. 2500, for his pocket money at the end of each year. The expenses of trust come out to be Rs. 500 per annum. Find the amount that will be handed over to the minor boy after he attains the age of 18 years. |
| A. | Rs. 120000 |
| B. | Rs. 150000 |
| C. | Rs. 118000 |
| D. | Rs. 125000 |
| Answer» D. Rs. 125000 | |
| 202. |
A man buys a TV priced at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charged a simple interest at the rate of 12% per year. The total amount he pays for the TV is |
| A. | Rs. 18,200 |
| B. | Rs. 17,800 |
| C. | Rs. 16,800 |
| D. | Rs. 17,200 |
| Answer» C. Rs. 16,800 | |
| 203. |
The amount 2,100 became 2,352 in 2 years at simple interest. If the interest rate is decreased by 1%, what is the new interest ? |
| A. | 210 |
| B. | 220 |
| C. | 242 |
| D. | 252 |
| Answer» B. 220 | |
| 204. |
800 amounts to 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to |
| A. | 1,056 |
| B. | 1,112 |
| C. | 1,182 |
| D. | 992 |
| Answer» E. | |
| 205. |
If 12,000 is divided into two parts such that the simple interest on the first part for 3 years at 12% per annum is equal to the simple interest on the |
| A. | 8,000 |
| B. | 6,000 |
| C. | 7,000 |
| D. | 7,500 |
| Answer» B. 6,000 | |
| 206. |
A person deposited 500 for 4 years and 600 for 3 years at the same rate of simple interest in a bank. Altogether he received 190 as interest. The rate of simple interest per annum was |
| A. | 4% |
| B. | 5% |
| C. | 2% |
| D. | 3% |
| Answer» C. 2% | |
| 207. |
The simple interest on a sum of money is 1/9 of the principal and the number of years is equal to rate per cent per annum. The rate per annum is |
| A. | 3% |
| B. | <table><tr><td rowspan="2"></td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
| C. | <table><tr><td rowspan="2">3</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
| D. | <table><tr><td rowspan="2"></td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>3</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">10</td></tr></table> |
| Answer» D. <table><tr><td rowspan="2"></td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>3</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">10</td></tr></table> | |
| 208. |
Simple interest on 500 for 4 years at 6.25% per annum is equal to the simple interest on 400 at 5% per annum for a certain period of time. The period of time is |
| A. | 4 years |
| B. | 5 years |
| C. | <table><tr><td rowspan="2">6</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">4</td></tr></table> |
| D. | <table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
| Answer» D. <table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">3</td></tr></table> | |
| 209. |
A money lender lends Rs. 400 for 3 years to a person and lends Rs. 500 for 4 years to the other person at the same rate of simple interest. If altogether he receives Rs. 160 as interest, what is the rate of interest per annum ? |
| A. | 5% |
| B. | 7% |
| C. | 9% |
| D. | 10% |
| Answer» B. 7% | |
| 210. |
12,000 is divided into two parts so that the simple interest on the first part for 3 years at 12% per annum may be equal to the simple interest on the second part for 4 1 2 years at 16% per annum. The ratio of the first part to the second part is |
| A. | 2 : 1 |
| B. | 1 : 2 |
| C. | 2 : 3 |
| D. | 3 : 2 |
| Answer» B. 1 : 2 | |
| 211. |
In a certain time, the ratio of a certain principal and the simple interest obtained from it are in the ratio 10 : 3 at 10% interest per annum. The number of years the money was invested is |
| A. | 1 year |
| B. | 3 years |
| C. | 5 years |
| D. | 7 years |
| Answer» C. 5 years | |
| 212. |
With a given rate of simple inerest, the ratio of principal and amount for a certain period of time is 4 : 5. After 3 years, with the same rate of interest, the ratio of the principal and amount becomes 5 : 7. The rate of interest is |
| A. | 4% |
| B. | 6% |
| C. | 5% |
| D. | 7% |
| Answer» D. 7% | |
| 213. |
If the annual rate of simple interest increases from 10% to 121%, a man s yearly2 |
| A. | 50,000 |
| B. | 45,000 |
| C. | 60,000 |
| D. | 65,000 |
| Answer» B. 45,000 | |
| 214. |
A sum of 400 amounts to 480 in 4 years. What will it amount to if the rate of interest is increased by 2%? |
| A. | 484 |
| B. | 560 |
| C. | 512 |
| D. | None of these |
| Answer» D. None of these | |
| 215. |
A sum of Rs. 4000 is lent out in two parts, one at 8% simple interest and the other at 10% simple interest. If the annual interest is Rs. 352, the sum lent at 8% is |
| A. | Rs. 2900 |
| B. | Rs. 2200 |
| C. | Rs. 2400 |
| D. | Rs. 3100 |
| Answer» D. Rs. 3100 | |
| 216. |
If the ratio of principal and the simple interest for 5 years is 10 : 3, then the rate of interest is : |
| A. | 5% |
| B. | 6% |
| C. | 8% |
| D. | 3% |
| Answer» C. 8% | |
| 217. |
The effective annual rate of interest, corresponding to a nominal rate of 6% per annum payable half yearly, is : |
| A. | 6.06% |
| B. | 6.07% |
| C. | 6.08% |
| D. | 6.09% |
| Answer» E. | |
| 218. |
A sum of 1000 is lent out partly at 8% and the remaining at 10% per annum. If the yearly income on the average is 9.2%, the two parts respectively are |
| A. | 400, 600 |
| B. | 450, 550 |
| C. | 500, 500 |
| D. | 550, 450 |
| Answer» B. 450, 550 | |
| 219. |
Ram bought a bike for Rs. 60,000. He paid Rs. 10000 cash down and the rest at the end of 2 years at 15% simple interest. How much more did he pay as simple interest ? |
| A. | Rs. 15,000 |
| B. | Rs. 25,000 |
| C. | Rs. 35,000 |
| D. | Rs. 50,000 |
| Answer» B. Rs. 25,000 | |
| 220. |
Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is 8,160, the money borrowed by him (in ) was |
| A. | 12,000 |
| B. | 6,000 |
| C. | 8,000 |
| D. | 10,000 |
| Answer» D. 10,000 | |
| 221. |
A sum of 2,400 amounts to 3,264 in 4 years at a certain rate of simple interest. If the rate of interest is increased by 1%, the same sum in the same time would amount to |
| A. | 3,288 |
| B. | 3,312 |
| C. | 3,340 |
| D. | 3,360 |
| Answer» E. | |
| 222. |
A sum was lent at simple interest at a certain rate for 2 years. Had it been lent at 3% higher rate, it would have fetched 300 more. The original sum of money was : |
| A. | 5000 |
| B. | 6000 |
| C. | 7000 |
| D. | 4000 |
| Answer» B. 6000 | |
| 223. |
Simple interest for the sum of 1500 is 30 in 4 yr and 60 in 8 yr. Find the rate of simple interest. |
| A. | 2.5% |
| B. | 1.5% |
| C. | 0.5% |
| D. | 0.25% |
| E. | None of the above |
| Answer» D. 0.25% | |
| 224. |
The principle on which a simple interest of 55 will be obtained after 9 months at the rate of 3 |
| A. | 1000 |
| B. | 1500 |
| C. | 2000 |
| D. | 2500 |
| Answer» D. 2500 | |
| 225. |
The simple interest on a sum of money will be 200 after 5 yr In the next 5 yr principal is tripled. What will be the total interest at the end of the 10th yr ? |
| A. | 650 |
| B. | 850 |
| C. | 800 |
| D. | 750 |
| Answer» D. 750 | |
| 226. |
4 years, 6000 amounts to 8,000. In what time at the same rate will 525 amount to 700 ? |
| A. | 5 years |
| B. | 3 years |
| C. | 4 years |
| D. | None of these |
| Answer» D. None of these | |
| 227. |
A person on retirement gets Rs. 3,20,000 from his gratuity and P.F. He wants to invest this amount in Post Office and Bank in such a way that he earns a total interest of Rs. 27,600 every year. If the annual rate of interest in Post Office and Bank be respectively 9% and 8%, What are the amounts invested in Post Office and Bank respectively ? |
| A. | Rs. 200000, Rs. 120000 |
| B. | Rs. 180000 and Rs. 140000 |
| C. | Rs. 185000, Rs. 135000 |
| D. | None of these |
| Answer» B. Rs. 180000 and Rs. 140000 | |
| 228. |
A Co-operative Bank gives H.B. loans under the condition that if the loan be cleared with interest in five years, the rate of simple interest per year is 5%, otherwise it will be 7%. Mr. Rahim and Mr. Ram take the same amount of H.B. loan and clear the loan with interest in 5 and 8 years respectively. If Ram pays Rs. 62,000 more, what is the amount of loan taken by each of them ? |
| A. | Rs. 200000 |
| B. | Rs. 180000 |
| C. | Rs. 190000 |
| D. | Rs. 210000 |
| Answer» B. Rs. 180000 | |
| 229. |
Ramesh borrowed a sum at 5 per annum simple interest from Rahul. He returns the amount after 5years. Rahul returns 2 % of the total amount received. How much did Ramesh borrowed if he received Rs. 5? |
| A. | Rs. 250 |
| B. | Rs. 200 |
| C. | Rs. 150 |
| D. | Rs. 175 |
| Answer» C. Rs. 150 | |
| 230. |
A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest be 10% per annum, then how much profit or loss will he have? |
| A. | Rs. 55 gain |
| B. | Rs. 30 profit |
| C. | Rs. 30 loss |
| D. | Rs. 30 profit |
| Answer» B. Rs. 30 profit | |
| 231. |
A certain sum of money amounts to 6780 in 2 years and to 7360.50 in |
| A. | 6006 ; 6.4 Percent Per annum |
| B. | 8006 ; 6.4 Percent Per annum |
| C. | 5006 ; 5 Percent Per annum |
| D. | 5506 ; 5 Percent Per annum |
| Answer» B. 8006 ; 6.4 Percent Per annum | |
| 232. |
Ramesh invested an amount that is 10% of 10000 at simple interest. After 3 yr, the amount becomes 2500. Find out the 4 times of actual interest rate. |
| A. | 5000% |
| B. | 250% |
| C. | 200% |
| D. | 600% |
| E. | None of the above |
| Answer» D. 600% | |
| 233. |
What will be the ratio of simple interest earned by certain amount at the same rate of interest for 12 yr and for 18 yr ? |
| A. | 2 : 5 |
| B. | 1 : 3 |
| C. | 2 : 3 |
| D. | 3 : 1 |
| E. | None of the above |
| Answer» D. 3 : 1 | |
| 234. |
Divide 6800 into two parts so that S.I. on the first part for 31Years at 6% may be equal to 3 |
| A. | 2600 ; 4200 |
| B. | 2800 ; 4000 |
| C. | 2500 ; 4300 |
| D. | 2700 ; 4100 |
| Answer» C. 2500 ; 4300 | |
| 235. |
Find the interest on 1460 at 10% from 5th February, 1992 to 25th April, 1992. |
| A. | 32 |
| B. | 36 |
| C. | 40 |
| D. | 34 |
| Answer» B. 36 | |
| 236. |
A borrowed 1500 at 4% per annum and 1400 at 5% per annum for the same period. He paid 390 as total interest. Find the time for which he borrowed the sum. |
| A. | 3.5 years |
| B. | 2.5 years |
| C. | 3 years |
| D. | 4 years |
| Answer» D. 4 years | |
| 237. |
Ram lent 1200 to Shyam for 5 years and 1500 to Mohan for 2 years received altogether 900 as interest. Find the rate per annum. |
| A. | 8.5% |
| B. | 8% |
| C. | 9% |
| D. | 10% |
| Answer» E. | |
| 238. |
Find the amount Ram will get after 2 years when he invests 15000 at 15% interest. |
| A. | 18500 |
| B. | 19500 |
| C. | 17500 |
| D. | 16500 |
| Answer» C. 17500 | |
| 239. |
A sum of money was invested at a certain rate of simple interest for 2 years . Had it been invested at 1% higher rate, it would have fetched 24 more inter-est. The sum of money is : |
| A. | 1200 |
| B. | 1050 |
| C. | 1000 |
| D. | 9600 |
| Answer» B. 1050 | |
| 240. |
A money lender claims to lend money at the rate of 10% per annum simple interest. However, he takes the interest in advance when he lends a sum for one year. At what interest rate does he lend the money actually? |
| A. | 10% |
| B. | <table><tr><td rowspan="2">10</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">9</td></tr></table> |
| C. | 11% |
| D. | <table><tr><td rowspan="2">11</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">9</td></tr></table> |
| Answer» E. | |
| 241. |
The simple interest on 4,000 in 3 years at the rate of y% per annum equals the simple interest on 5,000 at the rate of 12% per annum in 2 years. The value of y is |
| A. | 10% |
| B. | 6% |
| C. | 8% |
| D. | 9% |
| Answer» B. 6% | |
| 242. |
The rate of interest per annum at which the total simple interest of a certain capital for 1 year is equal to the total simple interest of the same capital at the rate of 5% per annum for 2 years, is |
| A. | <table><tr><td rowspan="2"></td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>5</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
| B. | 10% |
| C. | 25% |
| D. | 12.5% |
| Answer» C. 25% | |
| 243. |
If ratio of principal and simple interest for 1 year is 25 : 1, then the rate of interest is |
| A. | 4% |
| B. | 25% |
| C. | 5% |
| D. | 20% |
| Answer» B. 25% | |
| 244. |
A sum of 1550 was lent partly at 5% and partly at 8% simple interest. The total interest received after 3 years is 300. The ratio of money lent at 5% to that at 8% is : |
| A. | 5 : 8 |
| B. | 8 : 5 |
| C. | 31 : 6 |
| D. | 16 : 15 |
| Answer» E. | |
| 245. |
Prakash lends a part of 20,000 at 8% simple interest and remaining at 4% 3 |
| A. | 8,000 |
| B. | 12,000 |
| C. | 6,000 |
| D. | 10,000 |
| Answer» B. 12,000 | |
| 246. |
A person lent 5,000 partly at the rate of 4 percent and partly at the rate of 5 percent per annum simple interest. The total interest after 2 years is 440. To find the sum of money lentat each of the above rates, 5,000 is to be divided in the ratio : |
| A. | 4 : 5 |
| B. | 3 : 2 |
| C. | 5 : 4 |
| D. | 2 : 3 |
| Answer» E. | |
| 247. |
A sum of 1500 is lent out in two parts in such a way that the simple interest on one part at 10% per annum for 5 years is equal to that on another part at 12.5% per annum for 4 years. The sum lent out at 12.5% is : |
| A. | 500 |
| B. | 1000 |
| C. | 750 |
| D. | 1250 |
| Answer» D. 1250 | |
| 248. |
If a sum of money at simple interest doubles in 12 years, the rate of interest per annum is |
| A. | <table><tr><td rowspan="2">16</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
| B. | 7.5% |
| C. | <table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
| D. | 10% |
| Answer» D. 10% | |
| 249. |
A sum of money at a certain rate per annum of simple interest doubles in the 5 years and at a different rate becomes three times in 12 years. The lower rate of interest per annum is |
| A. | 15% |
| B. | 20% |
| C. | <table><tr><td rowspan="2">15</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>3</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">4</td></tr></table> |
| D. | <table><tr><td rowspan="2">16</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
| Answer» E. | |
| 250. |
At a certain rate of simple interest, a certain sum of money becomes double of itself in 10 years. It will become treble of itself in |
| A. | 15 years |
| B. | 18 years |
| C. | 20 years |
| D. | 30 years |
| Answer» D. 30 years | |