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This section includes 1502 Mcqs, each offering curated multiple-choice questions to sharpen your General Aptitude knowledge and support exam preparation. Choose a topic below to get started.
1. |
If the sum of amount becomes 7 times in 20 years then find the rate of simple interest. |
A. | 25% |
B. | 20% |
C. | 30% |
D. | 15% |
Answer» D. 15% | |
2. |
If the difference between the compound interest and simple interest on a certain sum of money for three years at 10% p.a. is Rs. 558, then the sum is: |
A. | Rs. 18,500 |
B. | Rs. 15,000 |
C. | Rs. 16,000 |
D. | Rs. 18,000 |
Answer» E. | |
3. |
A sum of ₹14000 is lent at compound interest (interest is compounded annually) for 3 years. If the rate of interest is 10%, then what will be the compound interest? |
A. | ₹4,634 |
B. | ₹4,645 |
C. | ₹4,364 |
D. | ₹4,643 |
Answer» B. ₹4,645 | |
4. |
Find the difference between the compound interest and the simple interest on an amount of Rs.15000 at 8% per annum for 2 years. |
A. | Rs. 120 |
B. | Rs. 108 |
C. | Rs. 96 |
D. | Rs. 100 |
Answer» D. Rs. 100 | |
5. |
Rahi deposited Rs. 700 in a bank that promised 6% simple interest per annum. If Rahi kept the money with the bank for 5 years, she will earn an interest of: |
A. | Rs. 280 |
B. | Rs. 200 |
C. | Rs. 210 |
D. | Rs. 240 |
Answer» D. Rs. 240 | |
6. |
A certain sum amounts to Rs. 29282 in 4 years at 10% per annum, when the interest is compounded annually. What is the simple interest on the same sum for same time at the same rate? |
A. | Rs. 8,500 |
B. | Rs. 8,000 |
C. | Rs. 7,600 |
D. | Rs. 8,400 |
Answer» C. Rs. 7,600 | |
7. |
A sum of Rs. 10000 amounts to Rs. 11664 in 2 years, at a certain rate percent per annum, when the interest is compounded annually. What will be the simple interest on the same sum for 27/5 years at the same rate? |
A. | Rs. 4040 |
B. | Rs. 3840 |
C. | Rs. 4320 |
D. | Rs. 4160 |
Answer» D. Rs. 4160 | |
8. |
If Rs.64 amounts to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate per cent Simple Interest per annum? |
A. | Rs. 124.70 |
B. | Rs. 127.40 |
C. | Rs. 114.8 |
D. | Rs. 137.60 |
Answer» E. | |
9. |
Calculate the simple interest if Rs. 1800 is invested for 10 years at a rate of 5% per annum.A. Rs. 900B. Rs. 450C. Rs. 1800D. Rs. 2700 |
A. | A |
B. | B |
C. | C |
D. | D |
Answer» B. B | |
10. |
A sum of Rs. 50,000 is invested in a bank deposit for 1 year at an interest rate of 10% per annum, compounded on a half - yearly basis. What is the amount of interest at the end of 1 year? |
A. | 5125 |
B. | 5250 |
C. | 5500 |
D. | 5150 |
Answer» B. 5250 | |
11. |
Find CI paid when a sum of Rs. 1,60,000 is invested for 1 years at 10% per annum compounded half yearly: |
A. | Rs. 34,400 |
B. | Rs. 16,400 |
C. | Rs. 19,400 |
D. | Rs. 37,900 |
Answer» C. Rs. 19,400 | |
12. |
An amount invested at simple interest gives Rs 800 interest at 16% in 2 years. What is the principal (in Rs)? |
A. | 4000 |
B. | 3500 |
C. | 5000 |
D. | 2500 |
Answer» E. | |
13. |
A sum of Rs.400 becomes Rs. 448 at simple interest in 2 years. In how many years will the sum of Rs. 550 amounts to Rs. 682 at the same rate? |
A. | 2 |
B. | 3 |
C. | 3.5 |
D. | 4 |
Answer» E. | |
14. |
A certain sum amounts to Rs.9,900 in 4 years and to Rs.11,700 in 7 years at the same rate percent per annum at simple interest. What will be the amount of the same at \(8\dfrac{2}{3}\)% for \(2\dfrac{1}{4}\) years at simple interest? |
A. | Rs. 8,924 |
B. | Rs.8,952.75 |
C. | Rs.8,904 |
D. | Rs.8,962.50 |
Answer» E. | |
15. |
A sum of Rs. 5,000 amounts to Rs. 7,200 in 8 years at a certain rate per cent p.a interest compounded yearly. What will be the compound interest on a sum of Rs. 6,550 in 4 years at the same rate of interest? |
A. | Rs. 1,290 |
B. | Rs. 1,285 |
C. | Rs. 1,415 |
D. | Rs. 1,310 |
Answer» E. | |
16. |
A certain sum P amounts to Rs. 29,400 in two years and to Rs. 34,300 in three years on compound interest. Then the sum P is (in rupees) |
A. | 21,600 |
B. | 25,600 |
C. | 22,600 |
D. | 20,000 |
Answer» B. 25,600 | |
17. |
If the rate of interest is 20% per annum, compounded yearly and the interest on a certain sum in the second year is Rs. 250, then what will be the interest on the same sum in the fifth year? |
A. | Rs. 360 |
B. | Rs. 432 |
C. | Rs. 518 |
D. | Rs. 400 |
Answer» C. Rs. 518 | |
18. |
Dilip invested Rs 100 for three years at a compound interest rate of 10% Haru also invested Rs. 100 for three years at simple interest rate of x%. At the end of three years, both received the same amount of money. What is the value of x? |
A. | 11.03 |
B. | 11.3 |
C. | 11.05 |
D. | 10.93 |
Answer» B. 11.3 | |
19. |
A certain sum of money becomes double of itself in 5 years at a rate of simple interest. In how many years will it become 16 times of itself at the same rate of simple interest? |
A. | 20 |
B. | 60 |
C. | 75 |
D. | No option is correct. |
Answer» D. No option is correct. | |
20. |
A man borrows Rs. 8,000 at the rate of 15% per year for 3 years. How much simple interest will be paid by him? |
A. | Rs. 4,000 |
B. | Rs. 3,600 |
C. | Rs. 2,400 |
D. | Rs. 3,200 |
Answer» C. Rs. 2,400 | |
21. |
Find the compound interest on Rs. 15,625 for 1 year 6 months at 8% per annum, when compounded half-yearly? |
A. | Rs. 1,900 |
B. | Rs. 1,950 |
C. | Rs. 1,952 |
D. | Rs. 1,951 |
Answer» E. | |
22. |
A borrows a sum of Rs. 1,000 from his friends B on 31 December 2015 on the condition that he will return the same after one year with simple interest at 12%. However, A gets position of returning the money on 1 May 2016. How much amount he has to return to B? |
A. | Rs. 1,040 |
B. | Rs. 1,045 |
C. | Rs. 1,120 |
D. | Rs. 1,331.5 |
Answer» B. Rs. 1,045 | |
23. |
A certain amount invested at a certain rate, compounded annually, grows to an amount in three years, which is a factor of 1.191016 of principal. What is the rate percentage? |
A. | 8 |
B. | 5 |
C. | 4 |
D. | 6 |
Answer» E. | |
24. |
A sum of money was invested for 2 years at a fixed interest rate. Had that money been invested at a 5% higher rate of interest, it would have gained Rs. 200 more. Find the amount?A. Rs. 3000B. Rs. 2600C. Rs. 5000D. Rs. 2000 |
A. | A |
B. | B |
C. | C |
D. | D |
Answer» E. | |
25. |
Find the compound interest to the nearest rupee on Rs. 7500 for 2 years 4 months at 12% p.a reckoned annually?A. 2284B. 2176C. 2097D. 2235 |
A. | C |
B. | B |
C. | A |
D. | D |
Answer» D. D | |
26. |
Compound interest on a certain sum for 2 years at the rate of 11% per annum is Rs. 1160.5. What will be the simple interest (in Rs) for the same amount at the same rate of interest for 2 years? |
A. | 9000 |
B. | 1000 |
C. | 1100 |
D. | 1050 |
Answer» D. 1050 | |
27. |
A sum of money doubles itself in 4 years at compound interest. It will amount to 8 times to itself at the same rate of interest in time |
A. | 12 years |
B. | 16 years |
C. | 18 years |
D. | 24 years |
Answer» B. 16 years | |
28. |
At what rate percent per annum will Rs.8000 amount to Rs.8820 in 2 years at compound interest? |
A. | 8% |
B. | 9% |
C. | 7% |
D. | 5% |
Answer» E. | |
29. |
A sum of Rs. 15,600 is invested partly at 7% per annum and the remaining at 9% per annum simple interest. If the total interest at the end of 3 years is Rs. 3,738, how much money was invested at 7% per annum? |
A. | Rs. 7,800 |
B. | Rs. 7,900 |
C. | Rs. 7,600 |
D. | Rs. 7,700 |
Answer» C. Rs. 7,600 | |
30. |
Find the difference between the compound and simple interest on a principal of Rs. 2,000 for 3 years at an annual interest rate of 10%. |
A. | Rs. 60 |
B. | Rs. 62 |
C. | Rs. 64 |
D. | Rs. 66 |
Answer» C. Rs. 64 | |
31. |
A payment of Rs 7500 on 5% compound interest is to be deposited in equal annual installments in 3 years. Find the amount of each installment. |
A. | Rs. 4257 |
B. | Rs. 2574 |
C. | Rs. 2457 |
D. | Rs. 2754 |
Answer» E. | |
32. |
If Rs. 6,000 is invested at the rate of 20% per annum, compounded half-yearly, then the amount after 18 months will be: |
A. | Rs. 7,800 |
B. | Rs. 7,928 |
C. | Rs. 7,986 |
D. | Rs. 7,896 |
Answer» D. Rs. 7,896 | |
33. |
A sum becomes 3 times in 5 years at compound interest. In how many years the same sum will become 9 times? |
A. | 5 |
B. | 10 |
C. | 15 |
D. | 20 |
Answer» C. 15 | |
34. |
Find the compound interest of Rs. 5000 for 2 years, if the rate of interest is 10% per annum. |
A. | Rs.1025 |
B. | Rs. 900 |
C. | Rs. 1050 |
D. | Rs. 995 |
Answer» D. Rs. 995 | |
35. |
A sum of money becomes 140% of itself in 5 years. In how many years it will double itself at the same rate of simple interest? |
A. | 10 |
B. | \(\dfrac{25}{2}\) |
C. | 15 |
D. | \(\dfrac{21}{2}\) |
Answer» C. 15 | |
36. |
A certain principal is invested in a scheme of compound interest. The amount obtained after 1 year is Rs. 2400 and the amount obtained after 2 years is Rs. 2880. What is the rate of interest (in percentage)? |
A. | 20 |
B. | 15 |
C. | 25 |
D. | 10 |
Answer» B. 15 | |
37. |
A sum of money becomes triple of itself in 10 years at the rate of simple interest, find the annual rate of interest.A. 5%B. 8%C. 10%D. 20% |
A. | D |
B. | B |
C. | C |
D. | A |
Answer» B. B | |
38. |
A sum of Rs. 2400 becomes Rs. 3600 in 6 years at a certain rate of compound interest (compounded annually). What will be the amount after 12 years at the same rate of interest? |
A. | Rs. 4800 |
B. | Rs. 4500 |
C. | Rs. 5400 |
D. | Rs. 6000 |
Answer» D. Rs. 6000 | |
39. |
Investing a money for 6 years yields ₹ 5600. If the simple rate of interest was increased by 2% per annum and then the yield became ₹ 6020. The original investment was _____. |
A. | ₹ 4000 |
B. | ₹ 3500 |
C. | ₹ 3250 |
D. | ₹ 3750 |
Answer» C. ₹ 3250 | |
40. |
A certain sum is lent at 5% p.a. for 4 years, 4% p.a. for the next 8 years, and 7% p.a. beyond 12 years. If for a period of 15 years the simple interest obtained is Rs. 43,800, then the sum (in Rs.) is: |
A. | 60,000 |
B. | 50,000 |
C. | 75,000 |
D. | 55,000 |
Answer» B. 50,000 | |
41. |
If a sum of money on compound interest becomes three times in 4 years, then at the same interest rate, the sum will become 27 times in: |
A. | 15 years |
B. | 12 years |
C. | 10 years |
D. | 16 years |
Answer» C. 10 years | |
42. |
Number of years in which a sum of money triples itself when the rate of interest being 5% is |
A. | 20 |
B. | 30 |
C. | 10 |
D. | 40 |
Answer» E. | |
43. |
A sum of money doubles itself in 15 years with compound interest. It will become 8 times in |
A. | 30 years |
B. | 40 years |
C. | 45 years |
D. | 60 years |
Answer» D. 60 years | |
44. |
At a certain annual interest rate, a sum of Rs. 10000 gives a total compound interest of Rs. 1881 in 2 years. What will be the total simple interest in 3 years for the same principal at the same annual interest rate? |
A. | Rs. 2700 |
B. | Rs. 3000 |
C. | Rs. 2500 |
D. | Rs. 2300 |
Answer» B. Rs. 3000 | |
45. |
In certain years, the amount of Rs. 5000 becomes Rs. 45000 on compound interest. What will be Rs. 5000 in its half term? |
A. | Rs. 15000 |
B. | Rs. 35000 |
C. | Rs. 5000 |
D. | Rs. 25000 |
Answer» B. Rs. 35000 | |
46. |
A sum of Rs 7500 amounts to Rs. 11000 in \(5\frac{1}{3}\) Years at a certain rate percent per annum simple interest. The same sum will amount to Rs. x in \(2\frac{2}{3}\) years at the same rate of simple interest, the value of x is: |
A. | Rs. 9230 |
B. | Rs. 9240 |
C. | Rs. 9250 |
D. | Rs. 9180 |
Answer» D. Rs. 9180 | |
47. |
If a certain sum becomes Rs. 1237.50 in four years with some annual rate of simple interest and it becomes Rs. 1443.75 in six years, then the principal amount is: |
A. | Rs. 860.50 |
B. | Rs. 870 |
C. | Rs. 825 |
D. | Data are insufficient |
Answer» D. Data are insufficient | |
48. |
Find the compound interest for 3 years at 10% annual interest rate of Rs. 10,000.A. Rs. 2,100B. Rs. 3,310C. Rs. 4,741D. Rs. 1,100 |
A. | D |
B. | B |
C. | C |
D. | A |
Answer» C. C | |
49. |
If the amount received at the end of 1st and 2nd year at compound interest on a certain principal is Rs. 1,350 and Rs. 1,458 respectively, what is the rate of interest? |
A. | 10% |
B. | 15% |
C. | 12% |
D. | 8% |
Answer» E. | |
50. |
A sum of Rs. 1500 is invested at simple interest for x months. If the rate of interest is \(\frac{x}{9}\%\) per annum, then the sum grows to Rs. 1580. What is the value of x? |
A. | 2.4 |
B. | 32 |
C. | 24 |
D. | 3.2 |
Answer» D. 3.2 | |