MCQOPTIONS
Saved Bookmarks
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.
| 151. |
A sum of ₹ 5000 is invested for two years under compound interest at 10% p.a, interest being compounded annually. The interest earned (in ₹) is: |
| A. | 2100 |
| B. | 1000 |
| C. | 1050 |
| D. | 500 |
| Answer» D. 500 | |
| 152. |
A sum of ₹ 4650 is lent at simple interest. If the rate of interest is 7.5% per annum, then what will be the simple interest for 4 years? |
| A. | ₹ 1395 |
| B. | ₹ 1295 |
| C. | ₹ 1495 |
| D. | ₹ 1300 |
| Answer» B. ₹ 1295 | |
| 153. |
How much will Sangita get, if she deposits Rs. 37,000 at a simple rate of interest of 4.5% p.a. after two years? |
| A. | Rs. 40330 |
| B. | Rs. 3330 |
| C. | Rs. 39960 |
| D. | Rs. 2960 |
| Answer» B. Rs. 3330 | |
| 154. |
A person borrows Rs. 5000 for 2 years at 4% per annum Simple Interest. He immediately lends it to another person at 6.25% per annum for 2 years. Find his gain in the transaction per year. |
| A. | Rs. 150 |
| B. | Rs. 167.50 |
| C. | Rs. 112.50 |
| D. | Rs. 125 |
| Answer» D. Rs. 125 | |
| 155. |
If a sum of money at simple interest double In 6 years, it will become 4 times in: |
| A. | 12 years |
| B. | 14 years |
| C. | 16 years |
| D. | 18 years |
| Answer» E. | |
| 156. |
Find the approximate simple interest on Rs. 2000 from March 9, 2010 to May 21, 2010 at 8.25% per annum? |
| A. | Rs. 43 |
| B. | Rs. 37 |
| C. | Rs. 33 |
| D. | Rs. 40 |
| Answer» D. Rs. 40 | |
| 157. |
If the Rs. 7500 taken at 8% compound interest is to be repaid in equal annual installment of 3 years, find the approximate annual installment. |
| A. | Rs. 3013 |
| B. | Rs. 2867 |
| C. | Rs. 2728 |
| D. | Rs. 2910 |
| Answer» E. | |
| 158. |
Ganesh invested an amount of Rs x in a fixed deposit scheme offering 5% per annum for 1st year and 15% per annum for 2nd year and received an amount of Rs 9660 after two years. What is the value of x (in Rs)? |
| A. | 9000 |
| B. | 8000 |
| C. | 8500 |
| D. | 8200 |
| Answer» C. 8500 | |
| 159. |
Find the interest on Rs.25000 at 12% p.a compounded annually for 3 years. |
| A. | 9,000 |
| B. | 9,833.40 |
| C. | 10,123.20 |
| D. | 10,678.90 |
| Answer» D. 10,678.90 | |
| 160. |
If P : Q = 1 : 5 and Q : R = 3 : 2, then what is (P + Q) : (Q + R)? |
| A. | 6 : 7 |
| B. | 5 : 7 |
| C. | 18 : 25 |
| D. | 13 : 18 |
| Answer» D. 13 : 18 | |
| 161. |
A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investments be at the end of the 2nd year? |
| A. | Rs. 4305 |
| B. | Rs. 4300 |
| C. | Rs. 2355 |
| D. | Rs. 4350 |
| Answer» B. Rs. 4300 | |
| 162. |
A certain sum was invested on simple interest. The amount to which it had grown in five years was 1\(\frac{1}{4}\) times the amount to which it had grown in three years. The percentage rate of interest was: |
| A. | 20% |
| B. | 15% |
| C. | 25% |
| D. | 10% |
| Answer» B. 15% | |
| 163. |
A sum of money amounted to ₹ 720 in 2 years and ₹ 792 in 3 years when interest is compounded annually. The annual rate of interest, (in %) is: |
| A. | 5% |
| B. | 7.50% |
| C. | 7% |
| D. | 10% |
| Answer» E. | |
| 164. |
If 'P' is the amount invested at 5% p.a. compounded half yearly for 2 years. what would be the amount received at the end of 2 years? |
| A. | P(1.025)4 |
| B. | P(1.1) |
| C. | P(1.05)2 |
| D. | P(1.025)2 |
| Answer» B. P(1.1) | |
| 165. |
A principal invested at simple interest amounts to by 300% in 10 years. What will be the compound interest of Rs 50,000 after 2 years at the same rate? |
| A. | Rs 22,000 |
| B. | Rs 20,000 |
| C. | Rs 21,600 |
| D. | Rs 26,400 |
| Answer» B. Rs 20,000 | |
| 166. |
A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest. |
| A. | 1500 |
| B. | 1600 |
| C. | 1568 |
| D. | 1750 |
| Answer» D. 1750 | |
| 167. |
A certain sum becomes Rs 840 in 3 years and Rs 1200 in 7 years at simple interest. What is the value (in Rs.) of principal? |
| A. | 520 |
| B. | 570 |
| C. | 620 |
| D. | 670 |
| Answer» C. 620 | |
| 168. |
If after two years a sum becomes Rs. 4000 and after four years it becomes Rs. 6000 at the same rate of compound interest (compounded annually), then what is the sum? |
| A. | Rs. 2866.66 |
| B. | Rs. 2666.66 |
| C. | Rs. 2777.77 |
| D. | Rs. 2888.88 |
| Answer» C. Rs. 2777.77 | |
| 169. |
A man deposited Rs. 64,000 in a bank for one year at 10% per annum on compounded quarterly, then find the total compound interest after one year. |
| A. | Rs. 6,644 |
| B. | Rs. 6,444 |
| C. | Rs. 6,624 |
| D. | Rs. 6,844 |
| Answer» B. Rs. 6,444 | |
| 170. |
In what time will Rs. 4400 become Rs. 4576 at 8% per annum interest compounded half yearly? |
| A. | 6 months |
| B. | 2 years |
| C. | 7 months |
| D. | 1 year |
| Answer» B. 2 years | |
| 171. |
A sum of money at compound interest amounts to thrice of itself in 3 years. In how many years will it become 27 times of itself? |
| A. | 6 years |
| B. | 9 years |
| C. | 12 years |
| D. | 24 years |
| Answer» C. 12 years | |
| 172. |
In how many years will Rs. 2 lakh double itself at 11.5% per annum simple interest? |
| A. | Less than 8 |
| B. | Between 8 and 9 |
| C. | 9.3 |
| D. | 10.5 |
| Answer» C. 9.3 | |
| 173. |
Mr. Akhil invested Rs. 13,500 in FD. How much will he get on maturity, if he invested it at 20% per annum compound interest for 6 months, compounded quarterly? |
| A. | Rs. 14,883.35 |
| B. | Rs. 14,883.75 |
| C. | Rs. 14,883.5 |
| D. | Rs. 14,883 |
| Answer» C. Rs. 14,883.5 | |
| 174. |
A man borrowed Rs. 8000 at compound interest at the rate of 10% per annum. If the interest is compounded half yearly, then what will be the amount(n Rs.) to be paid after 1.5 year? |
| A. | 9413 |
| B. | 9261 |
| C. | 8286 |
| D. | 8142 |
| Answer» C. 8286 | |
| 175. |
After how many years, will Rs. 1,728 become Rs. 2,197 at \(8 \dfrac{1}{3}\%\) p.a. compound interest? |
| A. | 2 yeas |
| B. | \(1 \dfrac{1}{2}\) years |
| C. | 3 years |
| D. | \(2 \dfrac{1}{2}\) |
| Answer» D. \(2 \dfrac{1}{2}\) | |
| 176. |
Find the difference (in Rs.) in the interest earned on Rs. 10,00,000 at 10% in 1 year compounded annually and semi-annually. |
| A. | 250 |
| B. | 1000 |
| C. | 100 |
| D. | 2500 |
| Answer» E. | |
| 177. |
Find the compound interest at the rate of 7% pa compounded annually for two years on the principal that yields a simple interest of Rs. 9450 for 3 years at 7% p.a. |
| A. | Rs. 12,678.40 |
| B. | Rs. 6,520.50 |
| C. | Rs. 12,345.20 |
| D. | Rs. 10,127 |
| Answer» C. Rs. 12,345.20 | |
| 178. |
A sum of money becomes 3 times in 10 years at the rate of compound interest (compounded annually). In how many years will it become 81 times? |
| A. | 40 years |
| B. | 30 years |
| C. | 35 years |
| D. | 50 years |
| Answer» B. 30 years | |
| 179. |
A loan of Rs. 24,000 is repayable in 2 years at 5% compound interest. Find the amount of interest payable on maturity. |
| A. | Rs. 2,064 |
| B. | Rs. 2,460 |
| C. | Rs. 2,406 |
| D. | Rs. 2,640 |
| Answer» C. Rs. 2,406 | |
| 180. |
In how many years will a sum Rs. 6,800 at 30% per annum compounded semi-annually become Rs. 8,993? |
| A. | 5 |
| B. | 2 |
| C. | 3 |
| D. | 1 |
| Answer» E. | |
| 181. |
In continuous compounding, the time it takes to double the sum grossly follow 'Rule of 69'. If it is changed to discrete compounding. the relevant rule of thumb is ______. |
| A. | Rule of 69.3 |
| B. | Rule of 72 |
| C. | Rule of 84 |
| D. | Rule of 64 |
| Answer» C. Rule of 84 | |
| 182. |
A sum of ₹ 11700 becomes ₹ 16848 in 2 years at the rate of compound interest. If the interest is compounded annually, then what will be the rate of interest? |
| A. | 20% |
| B. | 15% |
| C. | 17.5% |
| D. | 25% |
| Answer» B. 15% | |
| 183. |
In how much time will Rs. 9000 amount to Rs. 13500 at simple interest at the rate of 5% per annum? |
| A. | 15 years |
| B. | 10 years |
| C. | 12 years |
| D. | 13 years |
| Answer» C. 12 years | |
| 184. |
If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs. 3, 600, and Rs. 3, 924 respectively, what is the rate of interest (in % p.a.)? |
| A. | 10 |
| B. | 11 |
| C. | 9 |
| D. | 12 |
| Answer» D. 12 | |
| 185. |
Compound interest received on a certain amount for the 3rd year is Rs. 9,600. What will be the compound interest (in Rs) for the 4th year on the same amount at 12% rate of interest? |
| A. | 10752 |
| B. | 11752 |
| C. | 10252 |
| D. | 11252 |
| Answer» B. 11752 | |
| 186. |
A sum of money lent at compound interest for 2 years at 20% per annum would fetch Rs. 482 more, if the interest was payable half-yearly than if it was payable annually. What is the sum? |
| A. | Rs. 24000 |
| B. | Rs. 20000 |
| C. | Rs. 23000 |
| D. | Rs. 22000 |
| Answer» C. Rs. 23000 | |
| 187. |
Given below are two statementsStatement I: Compound interest involves the reinvestment of the earned interest, which in future years also earns interestStatement II: Simple interest is the amount earned or paid on a sum of compound interest and principal amountIn light of the above statement, choose the most appropriate answer from the option given below |
| A. | Both statement I and statement II are true |
| B. | Both statement I and statement II are false |
| C. | Statement I is correct but statement II is false |
| D. | Statement I is incorrect but statement II is true |
| Answer» D. Statement I is incorrect but statement II is true | |
| 188. |
In a bank, Deepa deposits a sum of Rs. 6250, which amounts to Rs. 7840 in two years, compounded annually. The rate of interest is: |
| A. | 10% |
| B. | 12% |
| C. | 13% |
| D. | 11% |
| Answer» C. 13% | |
| 189. |
Manish lent out Rs. 20000 in two parts. He put out first part at 6% and the second part at 8% interest. The yearly average interest comes out to be 6.4%. What are the amounts (in Rs.) that were lent at 6% and 8% respectively? |
| A. | 16000, 4000 |
| B. | 12000, 8000 |
| C. | 15000, 5000 |
| D. | 18000, 2000 |
| Answer» B. 12000, 8000 | |
| 190. |
Find the Simple interest on Rs. 1000 in 3 years at the rate 6% per annum? |
| A. | Rs. 600 |
| B. | Rs. 400 |
| C. | Rs. 180 |
| D. | Rs. 500 |
| Answer» D. Rs. 500 | |
| 191. |
If in 2 years at simple interest the principal increases by 16%, what will be the compound interest earned (in Rs.) on Rs. 25,000 in 2 years at the same rate? |
| A. | 4000 |
| B. | 2160 |
| C. | 2000 |
| D. | 4160 |
| Answer» E. | |
| 192. |
A man invested 1/3 of his capital at 7%, 1/4 at 8% and the rest at 10% thereby getting an annual income of Rs. 561. What was his capital? |
| A. | Rs. 5800 |
| B. | Rs. 5500 |
| C. | Rs. 4400 |
| D. | Rs. 6600 |
| Answer» E. | |
| 193. |
A person invested Rs.50,000, partly at 10% and the rest at 12% per annum at simple interest. At the end of two years, the total interest received was Rs. 11,640. How much is the first and the second part of the investment? |
| A. | Rs. 9,000; Rs. 41,000 |
| B. | Rs. 31,000; Rs. 19,000 |
| C. | Rs. 20,000; Rs. 30,000 |
| D. | Rs. 10,000; Rs. 40,000 |
| Answer» B. Rs. 31,000; Rs. 19,000 | |
| 194. |
If a sum of ₹ 2000 is lent at 10% p.a. compound interest, what is the interest for the second year? |
| A. | ₹225 |
| B. | ₹200 |
| C. | ₹220 |
| D. | ₹440 |
| Answer» D. ₹440 | |
| 195. |
At the rate of a compound interest rate of 4%, the basic amount is tripled in 4 years, in how many years will this original amount be 27 times? |
| A. | 13 |
| B. | 14 |
| C. | 11 |
| D. | 12 |
| Answer» E. | |
| 196. |
A worker borrowed some money on simple interest at the rate of 6% p. a. for the first 3 years, at the rate of 9% p. a. for the next 3 years, and at the rate of 14% p. a. for the period beyond 6 years. If he paid a total interest of Rs. 6,490 at the end of 7 years, how much money did he borrow? |
| A. | Rs. 12,500 |
| B. | Rs. 11,000 |
| C. | Rs. 12,000 |
| D. | Rs. 10,000 |
| Answer» C. Rs. 12,000 | |
| 197. |
Diksha borrowed Rs. 500 at 5% per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years? |
| A. | 150 |
| B. | 650 |
| C. | 600 |
| D. | 750 |
| Answer» D. 750 | |
| 198. |
Find the Compound Interest on a sum of Rs.1000 at the rate of 10% per annum for 1.5 years when interest is compounded half-yearly. |
| A. | Rs. 157.63 |
| B. | Rs. 167.36 |
| C. | Rs. 160.55 |
| D. | Rs. 150.25 |
| Answer» B. Rs. 167.36 | |
| 199. |
Mr. Yashwanth invested money in FD. How much will he get on maturity, if Rs. 10000 in invested at 20% per annum compound interest for 6 months, compounded quarterly?A. 11025.25B. 11025C. 11025.75D. 11025.5 |
| A. | D |
| B. | B |
| C. | A |
| D. | C |
| Answer» C. A | |
| 200. |
In how many years will a sum of ₹ 5000 yield a simple interest of ₹ 2000 at an interest rate of 10 p.a. ? |
| A. | 5 years |
| B. | 4 years |
| C. | 3 years |
| D. | 6 years |
| Answer» C. 3 years | |