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MCQOPTIONS
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.
| 51. |
If simple Interest is 12.5% more than the principal and number of years(n), rate(r) are numerically in the ratio 2 : 1, then find the values of n, r. |
| A. | n = 20, r = 10% |
| B. | n = 14; r = 7% |
| C. | n = 12, r = 6% |
| D. | \(n = 15;r = 7\frac{1}{2}\%\) |
| Answer» E. | |
| 52. |
An amount of Rs. 22000 is invested at simple interest for 5 years. If the per annum rate of interest is 30 percent, then what will be the total amount after 5 years ? |
| A. | Rs. 70000 |
| B. | Rs. 65000 |
| C. | Rs. 55000 |
| D. | Rs. 90000 |
| Answer» D. Rs. 90000 | |
| 53. |
A man invested a sum of money at compound interest. It amounted to Rs. 2420 in 2 years and to Rs. 2662 in 3 years. Find the sum |
| A. | Rs. 1000 |
| B. | Rs. 2000 |
| C. | Rs. 5082 |
| D. | Rs. 3000 |
| Answer» C. Rs. 5082 | |
| 54. |
A certain amount of money at compound interest grown to Rs. 66,550 in 3 years and Rs. 73,205 in 4 years. The rate per cent per annum is: |
| A. | 5% |
| B. | 11% |
| C. | 9% |
| D. | 10% |
| Answer» E. | |
| 55. |
Ramesh needs to earn a monthly interest of Rs. 8000. The interest rate is 10% per annum but it is paid every month. Which of the following is his investment? |
| A. | Rs. 800000 |
| B. | Rs. 640000 |
| C. | Rs. 1000000 |
| D. | Rs. 960000 |
| Answer» E. | |
| 56. |
A certain sum invested at compound interest amounts to Rs. 19965 at 10% p.a. in 3 years. The same sum will amount to Rs.x at the same rate in \(2\frac{2}{5}\) years. If the interest is compounded yearly in both the cases, what is the value of x? |
| A. | 18867 |
| B. | 18768 |
| C. | 18876 |
| D. | 18855 |
| Answer» D. 18855 | |
| 57. |
A certain sum invested on compound interest (compounded annually) grows to Rs. 5040 in three years. If the rate of interest is 20% for the first year, 40% for the second and 50% for the third year, then what is the sum? |
| A. | Rs. 1800 |
| B. | Rs. 2000 |
| C. | Rs. 2566 |
| D. | Rs. 1210 |
| Answer» C. Rs. 2566 | |
| 58. |
In 4 years at simple interest the principal increases by 12%. Calculate the amount (in Rs.) received at the end of 2 years on Rs. 20,000 at the same rate if compounded annually? |
| A. | 21632 |
| B. | 21218 |
| C. | 22472 |
| D. | 22400 |
| Answer» C. 22472 | |
| 59. |
A certain sum amounts to Rs. 15,500 in 2 years at 12% p.a. simple interest. If the same sum is compounded half-yearly at 10% per annum for \(1 \frac{1}{2}\) years, what will be the amount received? |
| A. | Rs. 14,470 |
| B. | Rs. 15,125 |
| C. | Rs. 14,360 |
| D. | Rs. 13,460 |
| Answer» B. Rs. 15,125 | |
| 60. |
A certain sum becomes 4 times in 7 years, at simple interest, then in how many years it will become 16 times? |
| A. | 16 |
| B. | 21 |
| C. | 28 |
| D. | 35 |
| Answer» E. | |
| 61. |
A certain sum of money becomes double of itself in 15 years at a rate of simple interest. In how many years will it become 5 times of itself at the same rate of simple interest? |
| A. | 45 |
| B. | 37.5 |
| C. | 75 |
| D. | 60 |
| Answer» E. | |
| 62. |
A sum of money becomes Rs. 35,680 after 3 years and Rs. 53, 520 after 6 years at a certain rate percentage p.a. interest compounded yearly. What is the compound interest on the same sum in the first case? (Your answer should be nearest to integer) |
| A. | Rs. 10,842 |
| B. | Rs.11,938 |
| C. | Rs. 11,983 |
| D. | Rs. 11,893 |
| Answer» E. | |
| 63. |
Rahul invested X rupees for 3 years at a rate of y% interest. Shyam invested the same amount at the same rate for 12 years. Find the ratio of simple interest earned by Rahul to simple interest earned by Shyam.A. 1 ∶ 3B. 1 ∶ 4C. 2 ∶ 3D. 4 ∶ 1 |
| A. | A |
| B. | B |
| C. | D |
| D. | C |
| Answer» C. D | |
| 64. |
A person borrowed a certain sum at 8% p.a. simple interest and in 8 years, the interest accrued was Rs. 5490 less than the sum borrowed. The sum was: |
| A. | Rs. 15500 |
| B. | Rs. 15600 |
| C. | Rs. 14280 |
| D. | Rs. 15250 |
| Answer» E. | |
| 65. |
At 6% simple interest per annum a certain sum yields a total amount of ₹ 3,228 at the end of \(5\frac{3}{4}\) years. What was the sum invested? |
| A. | ₹ 2,550 |
| B. | ₹2,600 |
| C. | ₹ 2,350 |
| D. | ₹ 2,400 |
| Answer» E. | |
| 66. |
In what time will Rs.1000 becomes Rs.1331 at 10% per annum compounded annually? |
| A. | 2 years |
| B. | 3 years |
| C. | 5 years |
| D. | 4 years |
| Answer» C. 5 years | |
| 67. |
If a certain sum becomes 2 times in 5 years at compound interest, then in how many years, it will become 8 times? |
| A. | 10 |
| B. | 20 |
| C. | 15 |
| D. | 30 |
| Answer» D. 30 | |
| 68. |
A taxi driver invested an amount of Rs. 20,000 at a simple interest of 9% per annum and another amount at a simple interest of 15% per annum. The total interest earned at the end of one year is equal to 12% of the total amount invested. Find the total amount invested. |
| A. | Rs. 40,000 |
| B. | Rs. 28,000 |
| C. | Rs. 30,000 |
| D. | Rs. 35,000 |
| Answer» B. Rs. 28,000 | |
| 69. |
A loan of Rs. 2400 is cleared with an amount of Rs. 3264 at the end of the loan period, the period in years and rate of interest being numerically equal. What is the rate of Simple Interest? |
| A. | 5% |
| B. | 18% |
| C. | 6% |
| D. | 10% |
| Answer» D. 10% | |
| 70. |
How much is the compound interest on Rs. 1000 at 10% interest in 3 years? |
| A. | Rs. 331 |
| B. | Rs. 1331 |
| C. | Rs. 133 |
| D. | Rs. 313 |
| Answer» B. Rs. 1331 | |
| 71. |
A person borrows Rs. 5000 at 5% rate of interest per annum and immediately lent it at 5.5%. After two years he collected the amount and settled his loan. What is the amount gained by him this transaction? |
| A. | Rs. 25 |
| B. | Rs. 50 |
| C. | Rs. 100 |
| D. | Rs. 200 |
| Answer» C. Rs. 100 | |
| 72. |
A certain sum of money amounts to Rs 918 in 2 years and Rs 969 in 3.5 years at simple interest. What is the rate of interest (in %)? |
| A. | 4 |
| B. | 5 |
| C. | 6 |
| D. | 8 |
| Answer» B. 5 | |
| 73. |
An amount of money grows upto ₹ 4850 in 2 years and upto ₹5335 in 3 years on compound interest. The yearly rate of interest is: |
| A. | 8% |
| B. | 9% |
| C. | 10% |
| D. | 10.5% |
| Answer» D. 10.5% | |
| 74. |
If the compound interest on a certain sum of money for 2 years at 5% p.a. is Rs. 328, then the sum is equal to: |
| A. | Rs. 3,000 |
| B. | Rs. 3,200 |
| C. | Rs. 3,600 |
| D. | Rs. 3,500 |
| Answer» C. Rs. 3,600 | |
| 75. |
At the rate of 8% the amount invested earns a simple interest of Rs. 240 after 3 years. If the rate of interest been 5% more, then how much more interest would it have earned? |
| A. | Rs. 105 |
| B. | Rs. 180 |
| C. | Rs. 150 |
| D. | Rs. 135 |
| Answer» D. Rs. 135 | |
| 76. |
If the compound interest @ 10% p.a. compounded half-yearly for \(1\frac{1}{2}\) year is Rs. 2,522, principle amount is∶ |
| A. | Rs. 16,000 |
| B. | Rs. 15,400 |
| C. | Rs. 18,500 |
| D. | Rs. 20,000 |
| Answer» B. Rs. 15,400 | |
| 77. |
Aamir invested Rs. 5000 in a business that pays 5% interest annually. Then find out the time in which this amount will become Rs. 6250. |
| A. | 10 year |
| B. | 8 year |
| C. | 5 year |
| D. | 4 year |
| Answer» D. 4 year | |
| 78. |
Ajitha borrowed Rs. 90,000 at 10% per annum simple interest. On the same day, she lent the sum to her friend at the same rate but compounded annually. How much does she gain at the end of 3 years? |
| A. | Rs. 2,907 |
| B. | Rs. 2,970 |
| C. | Rs. 2,800 |
| D. | Rs. 2,790 |
| Answer» E. | |
| 79. |
If the annual rate of simple interest increases from 15% to \(\frac{{39}}{2}\% \), a man’s interst increased by Rs. 8,100 for that year. His principal (in Rs) is: |
| A. | Rs. 1,80,000 |
| B. | Rs. 1,50,000 |
| C. | Rs. 1,85,000 |
| D. | Rs. 1,45,000 |
| Answer» B. Rs. 1,50,000 | |
| 80. |
A certain sum amounts to ₹9243.20 in \(1\frac{1}{2}\) years at 4% p.a. simple interest. What will be the simple interest on the same sum for \(7\frac{1}{2}\) years at 8% per annum? |
| A. | ₹5580 |
| B. | ₹5223 |
| C. | ₹5232 |
| D. | ₹5508 |
| Answer» D. ₹5508 | |
| 81. |
A sum of Rs. 8,400 amounts to Rs. 11,046 at 8.75% p.a simple interest in a certain time. What is the simple interest on the sum of Rs. 9,600 at the same rate for the same time? |
| A. | Rs. 3,012 |
| B. | Rs. 2,990 |
| C. | Rs. 2,686 |
| D. | Rs. 3,024 |
| Answer» E. | |
| 82. |
If P = Rs. 800, T = 2, R = 10% then simple interest will be |
| A. | Rs. 240 |
| B. | Rs 80 |
| C. | Rs. 160 |
| D. | Rs, 360 |
| Answer» D. Rs, 360 | |
| 83. |
A person invested a sum of Rs. 9000 at r% per annum at simple interest and a sum of Rs. 13500 at (r – 2) % at simple interest. If total interest earned on both the investments for 5 years is Rs. 9337.50, then the rate of interest on the first investment is: |
| A. | 7.5% |
| B. | 8% |
| C. | 9.5% |
| D. | 10% |
| Answer» D. 10% | |
| 84. |
A sum of Rs 720 amounts to Rs 882 at simple interest in \(1\frac{1}{2}\) years. In how many years will the sum Rs 800 amounts to Rs 1040 at the same rate? |
| A. | 25/7 |
| B. | 4 |
| C. | 31/7 |
| D. | 2 |
| Answer» E. | |
| 85. |
A sum becomes 4 times in 2 years at compound interest. In how many years the same sum will become 16 times? |
| A. | 3 |
| B. | 4 |
| C. | 2 |
| D. | 1 |
| Answer» C. 2 | |
| 86. |
At the rate of 8.5% p.a. simple interest a sum of Rs. 4800 will earn how much interest in 2 years 3 months? |
| A. | Rs. 816 |
| B. | Rs. 796 |
| C. | Rs. 918 |
| D. | Rs. 956 |
| Answer» D. Rs. 956 | |
| 87. |
In how many months will Rs. 8,000 yield Rs. 2,648 as compound interest at 20% per annum compounded semi-annually? |
| A. | 18 |
| B. | 24 |
| C. | 12 |
| D. | 30 |
| Answer» B. 24 | |
| 88. |
A certain sum is given on compound interest at some rate. The sum amounts to Rs. 7,350 and Rs. 8,575 at the end of 2 years and 3 years respectively. The sum given on compound interest is: |
| A. | Rs. 5,000 |
| B. | Rs. 5,400 |
| C. | Rs. 6,000 |
| D. | Rs. 6,400 |
| Answer» C. Rs. 6,000 | |
| 89. |
A sum of Rs.250000 is deposited for 3 years compounded annually at 4%, 5% and 6% for the first, second and third year respectively. What will be the amount at the end of the three years? |
| A. | Rs. 301,400 |
| B. | Rs.256,590 |
| C. | Rs.325,680 |
| D. | Rs.289,380 |
| Answer» E. | |
| 90. |
A bank pays simple interest at 4% per annum on the first Rs. 5500 and an interest of 6% for amounts above that. Find the interest earned by Sameera if she deposits Rs. 13,250 with the bank for 2 years. |
| A. | 1280 |
| B. | 1370 |
| C. | 840 |
| D. | 1325 |
| Answer» C. 840 | |
| 91. |
A certain sum amount to Rs. 20720 in four years and Rs. 24080 in six years at a certain rate of simple interest. The sum (in Rs.) is: |
| A. | 15000 |
| B. | 14000 |
| C. | 11000 |
| D. | 12000 |
| Answer» C. 11000 | |
| 92. |
A certain amounts to Rs.6,655 at 10%p.a. in 3 years. The same sum will amount to Rs.x at double the earlier rate in \(2\dfrac{1}{2}\) years and if the interest is compounded annually in both cases. What is the value of x? |
| A. | 7,200 |
| B. | 7,920 |
| C. | 7,500 |
| D. | 8,640 |
| Answer» C. 7,500 | |
| 93. |
A sum of money invested at simple interest becomes 13/10 of itself in 2 years and 6 months. What is the rate (in percentage) of interest per annum? |
| A. | 10 |
| B. | 15 |
| C. | 12 |
| D. | 18 |
| Answer» D. 18 | |
| 94. |
A loan has to be returned in two equal yearly instalments each of Rs. 42135. If the rate of interest is 6% p.a compounded annually, then the total interest paid (in Rs.) is: |
| A. | 7700 |
| B. | 7550 |
| C. | 7020 |
| D. | 8000 |
| Answer» D. 8000 | |
| 95. |
If the simple interest on Rs. 1,200 for 4 years and at the same rate of interest simple interest on Rs. 1,600 for 3 years together fetched Rs. 480, then what is the rate of interest per annum? |
| A. | 6.25 percent |
| B. | 5 percent |
| C. | 5.5 percent |
| D. | 6 percent |
| Answer» C. 5.5 percent | |
| 96. |
If the simple interest for 6 years is equal to 30% of the principal, then it will be equal to the principal after _______ |
| A. | 10 years |
| B. | 20 years |
| C. | 22 years |
| D. | 30 years |
| Answer» C. 22 years | |
| 97. |
A sum of Rs. 20,000 is invested for 15 months at the interest for 10% per annum compounded half yearly. What is the percentage gain, correct to once decimal place, at the end of 15 month? |
| A. | 12.55 |
| B. | 13.6% |
| C. | 13.0% |
| D. | 13.4% |
| Answer» D. 13.4% | |
| 98. |
If the simple interest on a sum of money for 2 years at a rate of 20% per annum is Rs. 600, what will be the compound interest on the same sum at the same rate for the same time? |
| A. | Rs. 710 |
| B. | Rs. 680 |
| C. | Rs. 690 |
| D. | Rs. 660 |
| Answer» E. | |
| 99. |
A sum of money invested at compound interest amounts to Rs. 1,600 in 2 years and Rs. 1,680 in 3 years. Find the rate of interest. |
| A. | 5% |
| B. | 6% |
| C. | 5.5% |
| D. | 6.5% |
| Answer» B. 6% | |
| 100. |
A sum becomes three times of itself in 10 years at the rate of simple interest. What is the rate of interest per annum? |
| A. | 25% |
| B. | 20% |
| C. | 15% |
| D. | 30% |
| Answer» C. 15% | |