

MCQOPTIONS
This section includes 128 Mcqs, each offering curated multiple-choice questions to sharpen your Maths knowledge and support exam preparation. Choose a topic below to get started.
51. |
The difference between the compound interest and simple interest of a certain sum of amount is rupees 256.40 for 4 years at 10% rate per annum. Find the sum of money? |
A. | 4800 |
B. | 6000 |
C. | 4000 |
D. | 4500 |
Answer» D. 4500 | |
52. |
At what rate percent per annum will a sum of Rs.5000 amount to Rs.6000 in 4 years? |
A. | 5% |
B. | 6% |
C. | 3.5% |
D. | 4% |
Answer» B. 6% | |
53. |
A sum of 1600 gives a simple interest of 252 in 2 years and 3 months. The rate of interest per annum is |
A. | 5 % |
B. | 8 % |
C. | 7 % |
D. | 6 % |
Answer» D. 6 % | |
54. |
Rs. 2,000 is invested at 10% p.a. on simple interest. If that interest is added to the principal after every 20 years, the amount will become Rs. 14,000 after |
A. | 15 years |
B. | $$ {{33}{1 over 3}}$$ years |
C. | $$ {{16}{2 over 3}}$$ years |
D. | 40 years |
E. | None of these |
Answer» C. $$ {{16}{2 over 3}}$$ years | |
55. |
The simple interest for four years is one fourth of the principal. At the same rate, which amount become Rs.450 total amount in 2 years? |
A. | Rs. 400 |
B. | Rs. 525 |
C. | Rs. 425 |
D. | Rs. 525 |
Answer» B. Rs. 525 | |
56. |
The simple interest on a sum of money is 4 / 9 of the principal and the number of years is equal to the rate percent per annum. The rate per annum is |
A. | 5 % |
B. | $$ 6{2 over 3} % $$ |
C. | 6 % |
D. | $$ 8{2 over 3} % $$ |
Answer» C. 6 % | |
57. |
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 | |
58. |
The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is: |
A. | Rs. 2.50 |
B. | Rs. 3 |
C. | Rs. 3.75 |
D. | Rs. 4 |
E. | None of these |
Answer» C. Rs. 3.75 | |
59. |
If certain sum, at simple interest turns into thrice of actual amount in 4 years. Find out time to become the amount thirteen times of initial amount? |
A. | 28 yrs |
B. | 26 yrs |
C. | 20 yrs |
D. | 24 yrs |
Answer» E. | |
60. |
If the difference of interest of two banks of Rs 500 is Rs 2.50, find the difference between their rates. |
A. | 0.35 % |
B. | 0.25 % |
C. | 0.45 % |
D. | 0.55 % |
Answer» C. 0.45 % | |
61. |
Any money at the rate of simple interest becomes Rs 1143 in 3 years and Rs 1305 in 5 years Find the rate of principal and interest. |
A. | 960 and 5 % |
B. | 900 and 9% |
C. | 850 and 8 % |
D. | 800 and 4 % |
Answer» C. 850 and 8 % | |
62. |
A certain sum doubles in 7 years at simple interest. The same sum under the same interest rate will become 4 times in how many years.: |
A. | 14 |
B. | 28 |
C. | 21 |
D. | 10 |
Answer» D. 10 | |
63. |
Ramesh invests a sum of money which becomes Rs. 1344 in 3 years and Rs. 1536 in 7 years. How much had he invested? |
A. | 1800 |
B. | 1200 |
C. | 1500 |
D. | 2800 |
E. | None of these |
Answer» C. 1500 | |
64. |
What sum will give Rs. 488 as the difference between simple interest and compound interest at 10% in $$ 1{1 over2}$$ years compounded half yearly ? |
A. | Rs. 80,000 |
B. | Rs. 72,000 |
C. | Rs. 64,000 |
D. | Rs. 68,000 |
Answer» D. Rs. 68,000 | |
65. |
Simple interest on an amount is Rs. 24 and true discount on the same is Rs. 20. The principal amount is |
A. | 110 |
B. | 120 |
C. | 140 |
D. | 100 |
Answer» C. 140 | |
66. |
The amount of Rs 400 becomes Rs 480 in 4 years. If the rate of interest is increased by 2 percent, how much will it be? |
A. | Rs. 484 |
B. | Rs. 560 |
C. | Rs. 512 |
D. | None of these |
Answer» D. None of these | |
67. |
After 4 years, the difference between principal and simple interest is Rs. 228 at the rate of 6 percent simple interest, so what is the amount of principal? |
A. | Rs. 300 |
B. | Rs. 400 |
C. | Rs. 500 |
D. | Rs. 600 |
Answer» B. Rs. 400 | |
68. |
What would be the simple interest obtained on amount of Rs.6,535 at the rate of 10% Percent per annum after 6 years? |
A. | 3,414 |
B. | 3,807 |
C. | 3,149 |
D. | 3,921 |
Answer» E. | |
69. |
Ms. Deksha borrow Rs. 575 at 5 % per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years? |
A. | 690 |
B. | 115 |
C. | 151 |
D. | 960 |
Answer» B. 115 | |
70. |
The annual payment of Rs.1000 in 5 years at 4% per annum simple interest will discharge a debt of |
A. | Rs.5440 |
B. | Rs.5400 |
C. | Rs.5600 |
D. | Rs.5800 |
Answer» C. Rs.5600 | |
71. |
A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investments is- |
A. | 6 : 3 : 2 |
B. | 2 : 3 :4 |
C. | 3 : 4 : 6 |
D. | 3 : 4 :2 |
Answer» C. 3 : 4 : 6 | |
72. |
A person invested a sum of Rs. 18,600 at x% per year and another sum that is twice the former at (x+2)% per year, both at simple interest. If the total interest earned on both investments for $$ {3{1 over 2}}$$ years is Rs.23,110.50, then the rate of interest per year on the second investment is: |
A. | 11 % |
B. | 12.5 % |
C. | 10.5 % |
D. | 13 % |
Answer» C. 10.5 % | |
73. |
The simple interest of 7 years of money is Rs. 1750. If the rate of interest was 2% more per annum, how much interest would have been higher? |
A. | Rs. 35 |
B. | Rs. 245 |
C. | Rs. 350 |
D. | Cannot determined |
Answer» E. | |
74. |
In what time will the annual simple interest rate add 72 rupees becomes 81 rupees? |
A. | 2 year |
B. | 2 year 6 month |
C. | 3 year |
D. | None of these |
Answer» B. 2 year 6 month | |
75. |
At what annual percentage rate, 10 years of simple interest on an amount will be $$ {2 over 5}$$ of the addition? |
A. | 4 % |
B. | 6 % |
C. | $$ {5{2 over3}{ %}}$$ |
D. | $$ {6{2 over3}{ %}}$$ |
Answer» E. | |
76. |
If the instalments are paid at the end of every year, what annual payment will discharge a debt of Rs. 7,200 due in 3 years at 20% per annum simple interest? |
A. | Rs. 1500 |
B. | Rs. 1800 |
C. | Rs. 2000 |
D. | Rs. 2250 |
Answer» D. Rs. 2250 | |
77. |
Megha invests an amount of Rs. 15,860 in the names of her three daughters A, B and C in such a way that they get the same interest after 2, 3 and 4 years respectively. If the rate of simple interest is 5 % p.a, then the ratio of the amounts invested among A, B and C will be |
A. | 6 : 7 : 8 |
B. | 6 : 5 : 4 |
C. | 5 : 10 : 12 |
D. | $${1 over 10}:{1 over 15}:{1 over 20}$$ |
Answer» E. | |
78. |
A person invested some amount at the rate of 12 % simple interest and a certain amount at the rate of 10 % simple interest for 1 year. He received yearly interest of Rs. 130, but if he had interchanged the amount invested, he would have received 4 more as interest. How much did he invest at 12 % simple interest? |
A. | 800 |
B. | 500 |
C. | 700 |
D. | 400 |
Answer» C. 700 | |
79. |
If the simple interest on a certain sum of money for 2 years in one fifth of the Principal, then find rate of interest per annum. |
A. | 25% |
B. | 15% |
C. | 10% |
D. | 20% |
Answer» D. 20% | |
80. |
Ankur borrowed sum money from Megha at 8 % P.a simple interest and twice the amount from Harshita at 9 % P.a simple interest. He then added some more money of his own and lent the entire amount to Shalini at 10 % p.a simple interest. At the end of the year Ankur gained 14,000. If Ankur lend 40,000 to Shalini, then how much did Ankur borrow from Megha ? |
A. | 15,000 |
B. | 10,000 |
C. | 25,000 |
D. | 20,000 |
Answer» C. 25,000 | |
81. |
If a certain sum of money become thrice of itself in 5 years 4 months at simple interest, then what will be the yearly rate of interest (in %)? |
A. | 37.5 |
B. | 42.25 |
C. | 18.75 |
D. | 27.5 |
Answer» B. 42.25 | |
82. |
26100 is divided between Ram and Shyam so that the interest that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest rate of 4 % per annum then Ram's share is |
A. | 8,700 |
B. | 19,000 |
C. | 8,500 |
D. | 17,400 |
Answer» E. | |
83. |
A sum of 1750 is divided into two parts such that the interests on the first part at 8 % simple interest per annum and that on the other part at 6 % simple interest per annum are equal. The interest on each part (in rupees) is |
A. | 70 |
B. | 40 |
C. | 60 |
D. | 65 |
Answer» D. 65 | |
84. |
A person invested a total sum of Rs 7900 in three different schemes of simple interest at 3% , 5% and 8% per annum. At the end of one year he got same interest in all three schemes. What is the money (in Rs) invested at 3 %? |
A. | 4000 |
B. | 5600 |
C. | 2900 |
D. | 3500 |
Answer» B. 5600 | |
85. |
Daljit lent Rs.10800 to Jabir for 3 years and Rs.7500 to Kabir for 2 years on simple interest at the same rate of interest and received Rs.1422 in all from both of them as interest . The rate of interest per annum is |
A. | 3% |
B. | 4.5% |
C. | 3.5% |
D. | 4% |
Answer» B. 4.5% | |
86. |
A certain sum becomes Rs. 1020 in 5 years and Rs. 1200 in 8 years at simple interest. What is the value of principal? |
A. | 700 |
B. | 720 |
C. | 820 |
D. | 780 |
Answer» C. 820 | |
87. |
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. | 3.5 |
B. | 4 |
C. | 2 |
D. | 3 |
Answer» C. 2 | |
88. |
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 | |
89. |
The simple interest on a sum of money for 10 year is Rs. 3130. If the principal becomes 5 times after 5 years, then what will be the total interest (in Rs) obtained after 10 years? |
A. | 9390 |
B. | 15650 |
C. | 6260 |
D. | 7825 |
Answer» B. 15650 | |
90. |
If the simple interest on 1 for 1 month is 1 paisa, then the rate percent per annum will be |
A. | 12% |
B. | 6 % |
C. | 10 % |
D. | 8 % |
Answer» B. 6 % | |
91. |
The simple interest on a sum of money for 3 years is 240 and the compound interest on the same sum, at the same rate for 2 years is 170. The rate of interest is |
A. | $$7{9 over 17} %$$ |
B. | $$29{1 over 6} %$$ |
C. | $$12{1 over 2} %$$ |
D. | $$5{5 over 17} %$$ |
Answer» D. $$5{5 over 17} %$$ | |
92. |
The rate of simple interest annum of bank being decreased from 5 % to 3.5 %, the annual income of a person from interest was less by 105. The sum deposited at the bank was |
A. | 7,200 |
B. | 6,800 |
C. | 7,000 |
D. | 6,000 |
Answer» D. 6,000 | |
93. |
Mr. Dutta desired to deposit his retirement benefit of 3 lacs partly to a post office and partly to a bank at 10 % and 6 % simple interests respectively. If his monthly interest income was 2000, then the difference of his deposits in the post office and in the bank was - |
A. | 40,000 |
B. | 50,000 |
C. | 1,00,000 |
D. | Nil |
Answer» E. | |
94. |
The simple interest on a sum of money is $$8 over 25$$$ of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is |
A. | 6% |
B. | 8% |
C. | 5% |
D. | 4% |
Answer» C. 5% | |
95. |
A sum of money lent out at simple interest amounts to 720 after 2 years and 1020 after a further period of 5 years. Find the principal. |
A. | 1740 |
B. | 120 |
C. | 6000 |
D. | 600 |
Answer» E. | |
96. |
Ramesh deposited 15600 in a fixed deposit at the rate of 10 % per annum simple interest. After every second year, he adds his interest earnings to the principal. The interest at the end of fourth year is |
A. | 3744 |
B. | 1872 |
C. | 1716 |
D. | 1560 |
Answer» B. 1872 | |
97. |
Mohit borrowed Rs. 22000 at 5% simple interest repayable in 5 equal installments. What will be the annual installment payable by him? |
A. | Rs 4800 |
B. | Rs 5500 |
C. | Rs 4600 |
D. | Rs 500 |
Answer» D. Rs 500 | |
98. |
The simple interest accrued on an amount of Rs. 8500 at the end of four years is Rs.3400. What would be the compound interest accrued on the same amount at the same rate of interest after three years? |
A. | 2560.25 |
B. | 2813.5 |
C. | 2740 |
D. | 2944 |
Answer» C. 2740 | |
99. |
Ratio of the principal and the amount after 5 year is 10:12. Then the rate of interest per annum is |
A. | 8% |
B. | 20% |
C. | 12% |
D. | 16% |
Answer» C. 12% | |
100. |
2 years, a sum was put at SI at a certain rate. If the rate was 3 % higher, it would have fetched 300 more. What will be the sum? |
A. | 2500 |
B. | 4484 |
C. | 5000 |
D. | 4800 |
Answer» D. 4800 | |