200950 + Mcqs in General McqOptions

1.	The sum for 2 years given a compound interest of Rs. 3225 at 15% rate. Then the sum is = ?
A.	Rs. 10000
B.	Rs. 20000
C.	Rs. 15000
D.	Rs. 32250
Answer» B. Rs. 20000

Discussion

2.	Shashi had a certain amount of money. He invested 2/3 of the total money in scheme A for 6 years and rest of the money he invested in scheme B for 2 years. Scheme A offers simple interest at a rate of 12% p.a. and scheme B offers compound interest ( compound annually) at a rate of 10% p.a. If all total interest obtained from both the schemes is Rs. 2750. What was the total amount invested by him in scheme A and scheme B together ? (Approximate value)
A.	Rs. 4500
B.	Rs. 4200
C.	Rs. 4050
D.	Rs. 5000
Answer» B. Rs. 4200

Discussion

3.	In what time will Rs 64000 amounts to Rs 68921 at 5% per annum interest being compounded half yearly ?
A.	11/2 years
B.	2 years
C.	3 years
D.	21/2 years
Answer» B. 2 years

Discussion

4.	When principal = Rs. S, rate of interest = 2r % p.a., then a person will get after 3 years at compound interest = ?
A.	Rs. 6Sr/100
B.	Rs. S(1 + r/50)3
C.	Rs. S(1 + r/100)3
D.	Rs. 3S(1 + r/100)3
Answer» B. Rs. S(1 + r/50)3

Discussion

5.	Find the rate percent per annum if Rs 2000 amounts to Rs 2315.25 in one and half years interest being compounded half yearly.
A.	10%
B.	11.5%
C.	5%
D.	20%
Answer» B. 11.5%

Discussion

6.	Under the Rural Housing Scheme, the Delhi Development Authority (DDA) allotted a house to Kamal Raj for Rs. 126100. This payment is to be made in three equal annual instalments. If the money is reckoned at 5% per annum compound interest, then how much is to be paid by Kamal Raj in each instalment ?
A.	Rs. 45205
B.	Rs. 46305
C.	Rs. 47405
D.	Rs. 48505
Answer» B. Rs. 46305

Discussion

7.	A sum of money lent out at compound interest increases in value by 50% in 5 years. A person wants t lend three different sum x, y and z for 10, 15 and 20 years respectively at the above rate in such way that he gets back equal sums at the end of their respective periods. The ratio x : y : z is = ?
A.	6 : 9 : 4
B.	9 : 4 : 6
C.	9 : 6 : 4
D.	6: 4 : 9
Answer» B. 9 : 4 : 6

Discussion

8.	One can purchase a flat from a house building society for Rs. 55000 cash or on the terms that he should pay Rs. 4275 as cash down payment and get the rest in three equal instalments. The society charges interest at the rate of 16% per annum compounded half - yearly. If the flat is purchased under instalment plan, find the value of each instalment = ?
A.	Rs. 18756
B.	Rs. 19292
C.	Rs. 19683
D.	Rs. 20285
Answer» B. Rs. 19292

Discussion

9.	What does Rs. 250 amounts to in 2 years with compound interest at the rate of 4% in the 1st year and 8% in the second year ?
A.	Rs. 280
B.	Rs. 280.80
C.	Rs. 468
D.	Rs. 290.80
Answer» B. Rs. 280.80

Discussion

10.	The compound interest on a certain some for 2 successive years are Rs. 225 and Rs. 238.50. The rate of interest per annum is = ?
A.	7 1/2%
B.	5%
C.	10%
D.	6%
Answer» B. 5%

Discussion

11.	A father left a will of Rs. 16400 for his two sons aged 17 and 18 years. They must get equal amount when they are 20 years, at 5% compound interest. Find the present share of the younger son = ?
A.	Rs. 8000
B.	Rs. 8200
C.	Rs. 8400
D.	Rs. 8800
Answer» B. Rs. 8200

Discussion

12.	A sum of money invested at compound interest amounts in 2 years to Rs. 4624 and 3 years to Rs. 4913.The sum of money is = ?
A.	Rs. 4096
B.	Rs. 4260
C.	Rs. 4335
D.	Rs. 4360
Answer» B. Rs. 4260

Discussion

13.	The compound interest on Rs 5000 for 3 years at 10% p.a. will amount to = ?
A.	Rs. 1654
B.	Rs. 1655
C.	Rs. 1600
D.	Rs. 1565
Answer» B. Rs. 1655

Discussion

14.	A sum becomes Rs. 2916 in 2 years at 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be = ?
A.	Rs. 600
B.	Rs. 675
C.	Rs. 650
D.	Rs. 625
Answer» B. Rs. 675

Discussion

15.	A sum of money is compound interest became doubles itself in 15 years. It will become eight times of itself in = ?
A.	45 years
B.	48 years
C.	54 years
D.	60 years
Answer» B. 48 years

Discussion

16.	A sum of Rs. 8000 will amount to Rs. 8820 in 2 years if the interest is calculated every year. The rate of compound interest is = ?
A.	6%
B.	7%
C.	3%
D.	5%
Answer» B. 7%

Discussion

17.	The compound interest on a certain some 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
Answer» B. Rs. 375

Discussion

18.	The compound interest on Rs. 30000 at 7% per annum for a certain time is Rs. 4347. The times is = ?
A.	3 years
B.	4 years
C.	2 years
D.	2.5 years
Answer» B. 4 years

Discussion

19.	There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12000 after 3 years at the same rate ?
A.	Rs. 2160
B.	Rs. 3120
C.	Rs. 3972
D.	Rs. 6240
Answer» B. Rs. 3120

Discussion

20.	The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half - yearly is = ?
A.	6.06%
B.	6.07%
C.	6.08%
D.	6.09%
Answer» B. 6.07%

Discussion

21.	The difference between the amount of compound interest and simple interest accrued on an amount of Rs. 26000 at the end of 3 years is Rs. 299.134. What is the rate of interest p.c.p.a ?
A.	17%
B.	19%
C.	22%
D.	Cannot be determined
Answer» B. 19%

Discussion

22.	The compound interest accrued on an amount of Rs. 25500 at the end of 3 years is Rs. 8440.50. What amount at the same rate in the same period ?
A.	Rs. 4650
B.	Rs. 5650
C.	Rs. 6650
D.	Rs. 7650
Answer» B. Rs. 5650

Discussion

23.	On a certain sum of money, the difference between the compound interest for a year payable half - yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is = ?
A.	Rs. 60000
B.	Rs. 72000
C.	Rs. 62000
D.	Rs. 54000
Answer» B. Rs. 72000

Discussion

24.	A certain some of money and Rs. 2420 in 2 years and Rs. 2662 in 3 years at same rate of compound interest, compounded annually. The rate of interest per annum is = ?
A.	6%
B.	8%
C.	9%
D.	10%
Answer» B. 8%

Discussion

25.	The 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
Answer» B. Rs. 1650

Discussion

26.	Kamal took Rs. 6800 as a loan which along with interest is to be repaid in two equal annual installment. If the rate of interest is 12 1/2% compounded annually, then the value of each installment is = ?
A.	Rs. 8100
B.	Rs. 4150
C.	Rs. 4050
D.	Rs. 4000
Answer» B. Rs. 4150

Discussion

27.	A loan of Rs. 12300 at 5% per annum compound interest, is to be repaid in two equal annual installments at the end of every year. Find the amount of each installment ?
A.	Rs. 6651
B.	Rs. 6615
C.	Rs. 6516
D.	Rs. 6156
Answer» B. Rs. 6615

Discussion

28.	An amount of Rs 6000 lent at 5% per annum compounded interest for 2 years will become = ?
A.	Rs. 600
B.	Rs. 6600
C.	Rs. 6610
D.	Rs. 6615
Answer» B. Rs. 6600

Discussion

29.	An amount of Rs. 10000 becomes Rs. 14641 in 2 years if the interest is compounded half - yearly. What is the rate of compound interest p.c.p.a. ?
A.	10%
B.	12%
C.	16%
D.	20%
Answer» B. 12%

Discussion

30.	The compound interest on Rs. 30000 at 7% per annum is Rs. 4347. The period (in years) is = ?
A.	2 years
B.	2 1/2 years
C.	3 years
D.	4 years
Answer» B. 2 1/2 years

Discussion

31.	A person deposited a sum of of Rs 6000 in a bank at 5% per annum simple interest. Another person deposited Rs 5000 at 8% per annum compound interest. After two years, the difference of their interest will be = ?
A.	Rs. 230
B.	Rs. 232
C.	Rs. 832
D.	Rs. 600
Answer» B. Rs. 232

Discussion

32.	At a certain rate per annum, the simple interest on a sum of money for one year is Rs. 260 and the compound interest on the same sum for two years is Rs. 540.80. The rate of interest per annum is = ?
A.	4%
B.	6%
C.	8%
D.	10%
Answer» B. 6%

Discussion

33.	The compound interest on a certain sum of money at 5% per annum for 2 years is Rs 246. The simple interest on the same sum for 3 years at 6% per annum is = ?
A.	Rs. 435
B.	Rs. 450
C.	Rs. 430
D.	Rs. 432
Answer» B. Rs. 450

Discussion

34.	The simple interest on a sum of money at 4% per annum for 2 years is Rs 80. The compound interest on the same sum for the same period is = ?
A.	Rs. 82.60
B.	Rs. 82.20
C.	Rs. 81.80
D.	Rs. 81.60
Answer» B. Rs. 82.20

Discussion

35.	What will be the difference between S.I. and C.I. on a sum of Rs. 15000 for 2 years at the same rate of interest of 12 1/2% per annum ?
A.	Rs. 230.550
B.	Rs. 234.375
C.	Rs. 250.129
D.	Rs. 324.357
Answer» B. Rs. 234.375

Discussion

36.	The compound interest on a certain sum of money at a certain rate for 2 years is Rs. 40.80 and the simple interest on the same sum is Rs. 40 at the same rate and for the same time. The rate of interest is = ?
A.	2% per annum
B.	3% per annum
C.	4% per annum
D.	5% per annum
Answer» B. 3% per annum

Discussion

37.	The principal which will amounts to Rs 270.40 in 2 years at the rate of 4% per annum compound interest, is = ?
A.	Rs. 200
B.	Rs. 225
C.	Rs. 250
D.	Rs. 220
Answer» B. Rs. 225

Discussion

38.	Mr. Duggal invested Rs. 20000 with rate of interest @ 20 p.c.p.a. The interest was compounded half - yearly for first one year ans in the next year it was compounded yearly. What will be the total interest earned at the end of 2 year ?
A.	Rs. 8040
B.	Rs. 8800
C.	Rs. 9040
D.	Rs. 9800
Answer» B. Rs. 8800

Discussion

39.	The difference between simple interest ans compound interest on Rs. P at R% p.a in 2 years is = ?
A.	Rs. PR/100
B.	Rs. 2PR/100
C.	Rs. PR2/100
D.	Rs. PR2/(100)2
Answer» B. Rs. 2PR/100

Discussion

40.	If the rate of interest be 4% per annum for first year, 5% per annum foe second year and 6% per annum for third year, then the compound interest of Rs 10000 for three years will be ?
A.	Rs. 1575.20
B.	Rs. 1600
C.	Rs. 1625.80
D.	Rs. 2000
Answer» B. Rs. 1600

Discussion

41.	On a certain sum of money the compound interest for 2 years is Rs 282.15 and the simple interest for the same period of time is Rs 270. The rate of interest per annum is = ?
A.	6.07%
B.	10%
C.	9%
D.	12.15%
Answer» B. 10%

Discussion

42.	The compound interest on Rs.2800 for 18 months at 10% p.a is = ?
A.	Rs. 420
B.	Rs. 434
C.	Rs. 436.75
D.	Rs. 441.35
Answer» B. Rs. 434

Discussion

43.	In how many years will Rs 2000 amounts to Rs 2420 at 10% per annum compound interest?
A.	3 years
B.	2 1/2 years
C.	2 years
D.	1 1/2 years
Answer» B. 2 1/2 years

Discussion

44.	Train A passes a lamp post in 9 seconds and 700 meter long platfrom in 30 seconds. How much time will the same train take to cross a platfrom which is 800 meters long? (in seconds)
A.	32
B.	31
C.	33
D.	30
Answer» B. 31

Discussion

45.	Two trains ,A ans B start from stations X and Y towards each other, they take 4 hours 48 minutes and 3 hours 20 minutes to reach Y and X respectively after they meet. If train A is moving at 45 km/hr, then the speed of the train B is?
A.	60 km/hr
B.	64.80 km/hr
C.	54 km/hr
D.	37.5 km/hr
Answer» B. 64.80 km/hr

Discussion

46.	Two trains, one from Howrah to Patna and the other from Patna to Howrah, start simultaneously. After they meet, the trains reach their destinations after 9 hours and 16 hours respectively. The rtio of their speed is?
A.	16 km/hr
B.	24 km/hr
C.	25 km/hr
D.	30 km/hr
Answer» B. 24 km/hr

Discussion

47.	What is the speed of a train if it overtakes two persons who are walking in the same direction at the rate of a m/s and (a + 1) m/s and passes them completely in b seconds and (b + 1) seconds respectively?
A.	(a + b) m/s
B.	(a + b + 1) m/s
C.	(2a + 1) m/s
D.	(2a + 1)/2 m/s
Answer» B. (a + b + 1) m/s

Discussion

48.	3 brothers divided 1620 among them in such a way that the share of second is equal to 513513 of share of other two, combined. What is the share of the second one ?
A.	Rs. 1170
B.	Rs. 450
C.	Rs. 540
D.	Rs. 500
Answer» B. Rs. 450

Discussion

49.	Out of total capital required to start a business A invested 30%, B invested 2525 th and C invested the remaining capital. At the end of one year sum of Rs. 4000 is earned as a profit which is 20% of the capital given by B, then find how much C invested in the business ?
A.	Rs. 25000
B.	Rs. 10000
C.	Rs. 15000
D.	Rs. 12450
Answer» B. Rs. 10000

Discussion

50.	A and B invest Rs. 3000 and Rs. 2400 respectively in a business. If after one year there is a loss Rs. 720, how much loss will B bear? (loss or profit is in proportion to their investment)
A.	Rs. 72
B.	Rs. 320
C.	Rs. 400
D.	Rs. 360
Answer» B. Rs. 320

Discussion

Explore topic-wise MCQs in Testing Subject.

The sum for 2 years given a compound interest of Rs. 3225 at 15% rate. Then the sum is = ?

In what time will Rs 64000 amounts to Rs 68921 at 5% per annum interest being compounded half yearly ?

When principal = Rs. S, rate of interest = 2r % p.a., then a person will get after 3 years at compound interest = ?

Find the rate percent per annum if Rs 2000 amounts to Rs 2315.25 in one and half years interest being compounded half yearly.

Under the Rural Housing Scheme, the Delhi Development Authority (DDA) allotted a house to Kamal Raj for Rs. 126100. This payment is to be made in three equal annual instalments. If the money is reckoned at 5% per annum compound interest, then how much is to be paid by Kamal Raj in each instalment ?

A sum of money lent out at compound interest increases in value by 50% in 5 years. A person wants t lend three different sum x, y and z for 10, 15 and 20 years respectively at the above rate in such way that he gets back equal sums at the end of their respective periods. The ratio x : y : z is = ?

What does Rs. 250 amounts to in 2 years with compound interest at the rate of 4% in the 1st year and 8% in the second year ?

The compound interest on a certain some for 2 successive years are Rs. 225 and Rs. 238.50. The rate of interest per annum is = ?

A father left a will of Rs. 16400 for his two sons aged 17 and 18 years. They must get equal amount when they are 20 years, at 5% compound interest. Find the present share of the younger son = ?

A sum of money invested at compound interest amounts in 2 years to Rs. 4624 and 3 years to Rs. 4913.The sum of money is = ?

The compound interest on Rs 5000 for 3 years at 10% p.a. will amount to = ?

A sum becomes Rs. 2916 in 2 years at 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be = ?

A sum of money is compound interest became doubles itself in 15 years. It will become eight times of itself in = ?

A sum of Rs. 8000 will amount to Rs. 8820 in 2 years if the interest is calculated every year. The rate of compound interest is = ?

The compound interest on a certain some 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 ?

The compound interest on Rs. 30000 at 7% per annum for a certain time is Rs. 4347. The times is = ?

There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12000 after 3 years at the same rate ?

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

The difference between the amount of compound interest and simple interest accrued on an amount of Rs. 26000 at the end of 3 years is Rs. 299.134. What is the rate of interest p.c.p.a ?

The compound interest accrued on an amount of Rs. 25500 at the end of 3 years is Rs. 8440.50. What amount at the same rate in the same period ?

On a certain sum of money, the difference between the compound interest for a year payable half - yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is = ?

A certain some of money and Rs. 2420 in 2 years and Rs. 2662 in 3 years at same rate of compound interest, compounded annually. The rate of interest per annum is = ?

The 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 ?

Kamal took Rs. 6800 as a loan which along with interest is to be repaid in two equal annual installment. If the rate of interest is 12 1/2% compounded annually, then the value of each installment is = ?

A loan of Rs. 12300 at 5% per annum compound interest, is to be repaid in two equal annual installments at the end of every year. Find the amount of each installment ?

An amount of Rs 6000 lent at 5% per annum compounded interest for 2 years will become = ?

An amount of Rs. 10000 becomes Rs. 14641 in 2 years if the interest is compounded half - yearly. What is the rate of compound interest p.c.p.a. ?

The compound interest on Rs. 30000 at 7% per annum is Rs. 4347. The period (in years) is = ?

A person deposited a sum of of Rs 6000 in a bank at 5% per annum simple interest. Another person deposited Rs 5000 at 8% per annum compound interest. After two years, the difference of their interest will be = ?

At a certain rate per annum, the simple interest on a sum of money for one year is Rs. 260 and the compound interest on the same sum for two years is Rs. 540.80. The rate of interest per annum is = ?

The compound interest on a certain sum of money at 5% per annum for 2 years is Rs 246. The simple interest on the same sum for 3 years at 6% per annum is = ?

The simple interest on a sum of money at 4% per annum for 2 years is Rs 80. The compound interest on the same sum for the same period is = ?

What will be the difference between S.I. and C.I. on a sum of Rs. 15000 for 2 years at the same rate of interest of 12 1/2% per annum ?

The compound interest on a certain sum of money at a certain rate for 2 years is Rs. 40.80 and the simple interest on the same sum is Rs. 40 at the same rate and for the same time. The rate of interest is = ?

The principal which will amounts to Rs 270.40 in 2 years at the rate of 4% per annum compound interest, is = ?

Mr. Duggal invested Rs. 20000 with rate of interest @ 20 p.c.p.a. The interest was compounded half - yearly for first one year ans in the next year it was compounded yearly. What will be the total interest earned at the end of 2 year ?

The difference between simple interest ans compound interest on Rs. P at R% p.a in 2 years is = ?

If the rate of interest be 4% per annum for first year, 5% per annum foe second year and 6% per annum for third year, then the compound interest of Rs 10000 for three years will be ?

On a certain sum of money the compound interest for 2 years is Rs 282.15 and the simple interest for the same period of time is Rs 270. The rate of interest per annum is = ?

The compound interest on Rs.2800 for 18 months at 10% p.a is = ?

In how many years will Rs 2000 amounts to Rs 2420 at 10% per annum compound interest?

Train A passes a lamp post in 9 seconds and 700 meter long platfrom in 30 seconds. How much time will the same train take to cross a platfrom which is 800 meters long? (in seconds)

Two trains ,A ans B start from stations X and Y towards each other, they take 4 hours 48 minutes and 3 hours 20 minutes to reach Y and X respectively after they meet. If train A is moving at 45 km/hr, then the speed of the train B is?

Two trains, one from Howrah to Patna and the other from Patna to Howrah, start simultaneously. After they meet, the trains reach their destinations after 9 hours and 16 hours respectively. The rtio of their speed is?

What is the speed of a train if it overtakes two persons who are walking in the same direction at the rate of a m/s and (a + 1) m/s and passes them completely in b seconds and (b + 1) seconds respectively?

3 brothers divided 1620 among them in such a way that the share of second is equal to 513513 of share of other two, combined. What is the share of the second one ?

Out of total capital required to start a business A invested 30%, B invested 2525 th and C invested the remaining capital. At the end of one year sum of Rs. 4000 is earned as a profit which is 20% of the capital given by B, then find how much C invested in the business ?

A and B invest Rs. 3000 and Rs. 2400 respectively in a business. If after one year there is a loss Rs. 720, how much loss will B bear? (loss or profit is in proportion to their investment)