MCQOPTIONS
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MCQOPTIONS
This section includes 5 Mcqs, each offering curated multiple-choice questions to sharpen your Maths knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
A certain sum of money lent out at simple interest amounts to 1380 in 3 years and 1500 in 5 years. Find the rate per cent per annum. |
| A. | 3% |
| B. | 3.5% |
| C. | 4% |
| D. | 5% |
| Answer» E. | |
| 2. |
How much simple interest will Rs.4000 earn in 18 months at 12% per annum? |
| A. | 216 |
| B. | 360 |
| C. | 720 |
| D. | 960 |
| Answer» D. 960 | |
| 3. |
In what time will the simple interest be 2/5 of the principal at 8 percent per annum? |
| A. | 7 years |
| B. | 5 years |
| C. | 8 years |
| D. | 6 years |
| Answer» C. 8 years | |
| 4. |
The simple interest on 4,000 in 3 years at the rate of x % per annum equals the simple interest on 5,000 at the rate of 12% per annum in 2 years. The value of x is |
| A. | 10 % |
| B. | 6 % |
| C. | 8 % |
| D. | 9 % |
| Answer» B. 6 % | |
| 5. |
On a certain sum of money at a certain rate of interest, the simple interest for two years is Rs 120 and the compound interest is Rs 129, then what will be the rate of interest? |
| A. | 15 % |
| B. | 12.5 % |
| C. | 9 % |
| D. | 51 % |
| Answer» B. 12.5 % | |