# Mathematics MCQ (Multiple Choice Questions) - SchoolingAxis

Que- A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.

a. Rs.500

b. Rs.250

c. Rs.5012.50

d. None of these.

Que- A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.

a. Rs.2520

b. Rs.3120

c. Rs.3320

d. Rs.2760

Que- Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest?

a. 18% p.a.

b. 22% p.a.

c. 20% p.a.

d. 24% p.a.

Que- Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?

a. 8% p.a.

b. 6% p.a.

c. 4% p.a.

d. 5% p.a.

Que- Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)

a. Rs.4273

b. Rs.4613

c. Rs.4064

d. Rs.4266

Que- The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.

a. Rs.18,828.80

b. Rs.19,828.80

c. Rs.18,028.80

d. Rs.17,828.80

Que- What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?

a. Rs.9630

b. Rs.9680

c. Rs.9610

d. None of these

Que- Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?

a. Rs.460

b. Rs.5640

c. Rs.5460

d. Rs.5604

Que- The population of a city increases at the rate of 4% p.a. but there is an additional annual increase of 1% in the population due to some job seekers. The percentage increase in the population after 2 years is_________?

a. 10.0

b. 11.0

c. 10.25

d. 10.15

Que- A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?

a. Rs.150

b. Rs.140

c. Rs.130

d. Data insufficient for the answer

Que- A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.

a. Rs.2205

b. Rs.2200

c. Rs.2160

d. Rs.2040

Que- How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?

a. Rs.482

b. Rs.424

c. Rs.842

d. Rs.512

Que- In one year, the population, of a village increased by 10% and in the next year, it decreased by 10%. If at the end of 2nd year, the population was 7920, what was it in the beginning?

a. 8500.0

b. 8000.0

c. 8100.0

d. 8400.0

Que- Sehar gave Shazia Rs.1250 on compound interest for 2 years at 4% per annum. How much loss would Sehar has suffered had she given it to Shazia for 2 years at 4% per annum simple interest?

a. Rs.10

b. Rs.2

c. Rs.5

d. Rs.3

Que- Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid Rs.2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?

a. Rs.635.50

b. Rs.613.50

c. Rs.675.50

d. Rs.653.50

Que- Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000?

a. Rs.81000

b. Rs.80000

c. Rs.75000

d. Rs.64000

Que- Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?

a. Rs.1261

b. Rs.9261

c. Rs.9621

d. Rs.9162

Que- What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?

a. Rs.8000

b. Rs.8400

c. Rs.7500

d. None

Que- The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?

a. Rs.3000

b. Rs.3300

c. Rs.3600

d. Rs.3900

Que- Find the sum The difference between the compound and S.I. on a certain sum of money for 2 years at 10% per annum is Rs.15of money?

a. 1500.0

b. 1800.0

c. 2100.0

d. 1950.0

Que- A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.

a. Rs.4000

b. Rs.1000

c. Rs.1250

d. Rs.2000

Que- The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?

a. Rs.12000

b. Rs.14200

c. Rs.17520

d. Rs.13500

Que- The difference between simple interest and C.I. at the same rate for Rs.5000 for 2 years in Rs.72. The rate of interest is?

a. 0.1

b. 0.12

c. 0.06

d. 0.08

Que- Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?

a. 6 years

b. 1 year

c. 2 years

d. 4 years

Que- A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?

a. Rs.25600.24

b. Rs.32000.50

c. Rs.18060.36

d. Rs.18600

Que- Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?

a. Rs.420

b. Rs.400

c. Rs.375

d. Rs.380

Que- A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?

a. 0.15

b. 0.1

c. 0.07500000000000001

d. 0.08

Que- What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?

a. 1875/2029

b. 1/2.5

c. 1903/2156

d. 04-Sep-2020

Que- The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

a. 8.0

b. 10.0

c. 12.0

d. Cannot be determined

Que- 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

Que- If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?

a. Rs. 51.25

b. Rs. 52

c. Rs. 54.25

d. Rs. 60

Que- Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:_______?

a. Rs. 1550

b. Rs. 1650

c. Rs. 1750

d. Rs. 2000

Que- The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________?

a. 0.06

b. 0.08

c. 0.1

d. 0.12

Que- At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?

a. 0.05

b. 0.06

c. 0.1

d. 0.15

Que- The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:_______?

a. Rs 6.06%

b. Rs 6.07%

c. Rs 6.08%

d. Rs 6.09%

Que- The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?

a. Rs 6500

b. Rs 6565

c. Rs 65065

d. Rs 65650

Que- A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?

a. Rs 230

b. Rs 232

c. Rs 600

d. Rs 832

Que- A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?

a. Rs 4500

b. Rs 5000

c. Rs 5500

d. Rs 6000

Que- If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?

a. Rs 1575.20

b. Rs 1600

c. Rs 1625.80

d. Rs 2000

Que- A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest?

a. 7 years

b. 10 years

c. 15 years

d. 20 years

Que- The difference between compound interest and simple interest on a sum for 2 years at 8% P.a is Rs 786. The sum is:_________?

a. Rs 100000

b. Rs 11000

c. Rs 120000

d. Rs 170000

Que- If the interest is payable annually than the principal on which the compound interest for 3 years at 10% P.a is Rs 33/- is given by:__________?

a. Rs 900

b. Rs 1000

c. Rs 1050

d. Rs 1100

Que- The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:__________?

a. Rs 2518

b. Rs 2520

c. Rs 2522

d. Rs 2524

Que- How much would a sum of Rs 16000 approximately amount to in 2 years at 10% P.a compounded half-yearly?

a. Rs 17423

b. Rs 18973

c. Rs 19448

d. Rs 19880

Que- What will be the compound interest on Rs 25000 after 3 years at 12% Per annum?

a. Rs 9000.30

b. Rs 9720

c. Rs 10123.20

d. one of these

Que- A deposited Rs 6000 in a bank at 5% Per annum simple interest. B deposited Rs 5000 at 8% P.a Compound interest. After 2 years the difference between their interest will be:_________?

a. Rs 230

b. Rs 232

c. Rs 600

d. Rs 832

Que- The difference between compound interest and simple interest on Rs 8000 at 5% P.a for 3 years is_________?

a. Rs 50

b. Rs 60

c. Rs 61

d. Rs 600

Que- The difference between the simple interest and the compound interest on Rs 5000 at 10% P.a for 3 years is:_______?

a. Rs 145

b. Rs 150

c. Rs 165

d. None of these

Que- A sum of money becomes Rs.6690 after three years and Rs.10.035 after six years on compound interest. The sum is________?

a. Rs.4400

b. Rs.4445

c. Rs.4460

d. Rs.4520

Que- A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is_________?

a. Rs.1500

b. Rs.2000

c. Rs.2500

d. Rs.3000

Que- A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is_________?

a. 0.05

b. 0.1

c. 0.15

d. 0.2

Que- The difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is?

a. 0.1

b. 0.12

c. 0.06

d. 0.08

Que- The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?

a. Rs.350

b. Rs.375

c. Rs. 380

d. Rs. 400

Que- The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?

a. Rs.600

b. Rs.500

c. Rs.400

d. Rs.300

Que- What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?

a. Rs. 1000

b. Rs. 1200

c. Rs. 1320

d. None of these

Que- Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in________?

a. 1 Year

b. 2 years

c. 3 Years

d. 4 Years

Que- Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is_________?

a. Rs. 81.60

b. Rs. 160

c. Rs. 1081.60

d. None of these

Que- The difference between C.I. and S.I. on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

a. 8.0

b. 10.0

c. 12.0

d. Cannot be determined

Que- A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was?

a. Rs. 1620

b. Rs. 1640

c. Rs. 1680

d. Rs. 1700

Que- What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?

a. Rs. 550

b. Rs. 551.25

c. Rs. 560

d. Rs. 560.75

Que- The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is_________?

a. 3.0

b. 4.0

c. 5.0

d. 6.0

Que- A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in?

a. 7 years

b. 10 years

c. 15 years

d. 20 years

Que- A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______?

a. 0.025

b. 0.04

c. 0.05

d. 0.06666666666666667