

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.
101. |
In a certain time, the ratio of a certain principle and interest obtained from it are in the ratio 10 : 3 at 10 % interest per annum. The number of years for which the money was invested is? |
A. | 5 years |
B. | 7 years |
C. | 1 years |
D. | 3 years |
Answer» E. | |
102. |
A sum of 10,000 is lent partly at 8 % and remaining at 10% per annum. If the yearly interest on the average is 9.2 %, the two parts are |
A. | 5000, 5000 |
B. | 5500 , 4500 |
C. | 4000 , 6000 |
D. | 4500, 5500 |
Answer» D. 4500, 5500 | |
103. |
A sum of money was lent at simple interest at certain rate for 3 years. Had it been lent at 2.5 % per annum higher rate, it would have fetched 540 more. The money lent was |
A. | 6840 |
B. | 7200 |
C. | 6400 |
D. | 6472 |
Answer» C. 6400 | |
104. |
A sum was invested on simple interest at a certain rate for 2 years. Had it been put at 3 % higher. rate, it would have fetched 72 more. The sum is |
A. | 1,600 |
B. | 1,800 |
C. | 1,200 |
D. | 1,500 |
Answer» D. 1,500 | |
105. |
A person borrows some money for 5 years and ratio of loan amount : total interest amount is 5 : 2. Then find the ratio of loan amount : interest rate is equal to |
A. | 5 : 2 |
B. | 25 : 2 |
C. | 2 : 25 |
D. | 2 : 1 |
Answer» C. 2 : 25 | |
106. |
A person lends 40 % of his sum of money at 15 % per annum, 50 % of rest at 10 % per annum and the rest at 18 % per annum rate of interest. What would be the annual rate of interest, if the interest is calculated on the whole sum? |
A. | 14.4 % |
B. | 13.33 % |
C. | 13.4 % |
D. | 14.33 % |
Answer» B. 13.33 % | |
107. |
What equal installment of annual payment will discharge a debt which is due as 848 at the end of 4 years at 4 % per annum simple interest? |
A. | 250 |
B. | 225 |
C. | 212 |
D. | 200 |
Answer» B. 225 | |
108. |
Equal sum of money are lent to X and Y at 7.5 % per annum for a period of 4 years and 5 years respectively. If the difference in interest, paid by them was 150, the sum lent to each was |
A. | 2000 |
B. | 3000 |
C. | 500 |
D. | 1000 |
Answer» B. 3000 | |
109. |
A man borrows some amount at the rate of 12% per annum at simple interest. After 6 years 8 months, he paid 720 as an interest. Find the amount borrowed by him. |
A. | 920 |
B. | 1620 |
C. | 900 |
D. | 960 |
Answer» D. 960 | |
110. |
Deepanshu lent Rs. 8400 to Jaipal for 15 years and Rs. 5100 to Kareem for 14 years on simple interest at the same rate of interest and received Rs. 17766 in all from both of them as interest. The rate of interest per annum is |
A. | 10.5% |
B. | 9 % |
C. | 9.5 % |
D. | 10 % |
Answer» C. 9.5 % | |
111. |
Sapna borrowed a certain sum of money from Kavita under the following repayment scheme based on simple interest. 8% p.a. for the initial 2 years, 9.5% p.a. for the next 4 years, 11% p.a. for the next 2 years, 12% p.a. after the first 8 years. Find the amount which a sum of Rs. 9000 taken for 12 years becomes at the end of 12 years? |
A. | Rs. 20160 |
B. | Rs. 22350 |
C. | Rs. 23470 |
D. | Rs. 24567 |
E. | None of these |
Answer» B. Rs. 22350 | |
112. |
A took a certain sum as loan from bank at a rate of 8 % Simple Interest per annum. A lends the same amount to B at 12 % Simple interest per annum. If at the end of the five years. A made profit of Rs 800 form the deal, how much was the original sum? |
A. | Rs. 6500 |
B. | Rs. 4000 |
C. | Rs. 6200 |
D. | Rs. 6000 |
E. | Rs. 4500 |
Answer» C. Rs. 6200 | |
113. |
The simple interest accrued on an amount of Rs 16500 at the end of 3 years is Rs. 4950. What would be the compound interest accrued on the same amount at the same rate in the same period? |
A. | Rs. 5462.9 |
B. | Rs. 5461.5 |
C. | Rs. 5641.2 |
D. | Rs. 5621.3 |
E. | Rs. 5162 4 |
Answer» C. Rs. 5641.2 | |
114. |
Which amount will be Rs 520 in 5 years with simple interest and Rs 568 in 7 years? |
A. | 400 |
B. | 120 |
C. | 310 |
D. | 220 |
Answer» B. 120 | |
115. |
Simple interest on a certain sum is equal to the sum itself. find the time if rate of interest and time are numerically equal. |
A. | 5 |
B. | 8 |
C. | 10 |
D. | 1 |
Answer» D. 1 | |
116. |
If the annual rate of simple interest increases from 8% to 13%, a man s yearly income increases by Rs. 4800. His principal (in Rs.) is: |
A. | Rs.90,000 |
B. | Rs.96,000 |
C. | Rs.88,000 |
D. | Rs.1,00,000 |
E. | None of these |
Answer» C. Rs.88,000 | |
117. |
Ajay bought Rs.11,000 from a bank to buy a car at 12% simple Interest. If he paid Rs 6,600 as interest while clearing the loan, find the time for which the loan was given. |
A. | 3 year |
B. | 4 year |
C. | 5 year |
D. | 6 year |
E. | None of these |
Answer» D. 6 year | |
118. |
The principal which gives 1 interest per day at a rate of 5 % simple interest per annum is |
A. | 5000 |
B. | 35500 |
C. | 7300 |
D. | 3650 |
Answer» D. 3650 | |
119. |
A sum of 7, 930 is divided into 3 parts and given at loan at 5 % simple interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of |
A. | 2,800 |
B. | 3,050 |
C. | 2,750 |
D. | 2,760 |
Answer» E. | |
120. |
Ram deposited a certain sum of money in a company at 12 % per annum simple interest for 4 years and deposited equal amount in fixed deposit in a bank for 5 years at 15 % per annum simple interest. If the difference in the interest from two sources is 1350 than the sum deposited in each case is |
A. | 3000 |
B. | 4000 |
C. | 6500 |
D. | 5000 |
Answer» E. | |
121. |
A person borrows 5,000 for 2 years at 4 % per annum simple interest. He immediately lends it to another person at $$6{1 over 4} % $$ per annum simple interest for 2 years. His gain in this transaction is |
A. | 225 |
B. | 150 |
C. | 112.50 |
D. | 450 |
Answer» B. 150 | |
122. |
A person deposited 500 for 4 years and 600 for 3 years at the same rate of simple interest in a bank. Altogether he received 190 as interest. The rate of simple interest per annum was |
A. | 4 % |
B. | 5 % |
C. | 2 % |
D. | 3 % |
Answer» C. 2 % | |
123. |
A certain sum (in Rs.) is invested at simple interest at x% p.a. for 5 years. Had it been invested at (x+5)% p.a, the simple interest would have been Rs.9,200 more than the earlier one. What is the sum? |
A. | Rs. 36,800 |
B. | Rs. 36,400 |
C. | Rs. 35,800 |
D. | Rs.40,000 |
Answer» B. Rs. 36,400 | |
124. |
What will be the difference between the compound interest and simple interest at the rate of 5% per annum on an amount of Rs 4000 at the end of 2 year? |
A. | Rs 10 |
B. | Rs 20 |
C. | Rs 25 |
D. | Data inadequate |
E. | None of these |
Answer» B. Rs 20 | |
125. |
A sum of Rs. 3100 is lent out at simple interest in two parts. One at 8% per annum and another at 6% per annum, If the total annual interest is Rs. 212. then what is the money (in Rs) lent at rate of 8 % ? |
A. | 1300 |
B. | 1400 |
C. | 1000 |
D. | 1250 |
Answer» B. 1400 | |
126. |
The simple interest on an amount at the rate of 13.5 p.c.p.a. for 10 years is Rs. 765.45. What is the sum? |
A. | Rs. 567 |
B. | Rs. 885.95 |
C. | Rs. 5670 |
D. | Can't be determined |
E. | None of these |
Answer» B. Rs. 885.95 | |
127. |
Find the simple interest on a principal of Rs.1250 at the rate of 5% for a time of 219 days. |
A. | 32.5 |
B. | 44.5 |
C. | 37.5 |
D. | 36.5 |
Answer» D. 36.5 | |
128. |
An amount doubles itself in 5 years simple interest. What is the rate of interest per year? |
A. | 20% |
B. | 35 % |
C. | 25 % |
D. | Cannot be determined |
Answer» B. 35 % | |