MCQOPTIONS
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MCQOPTIONS
This section includes 10 Mcqs, each offering curated multiple-choice questions to sharpen your Mathematics knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
What will be the amount to be paid at the end of 18 months on Rs. 12000 at 4% per annum compounded quarterly? |
| A. | 12000 |
| B. | 12738.24 |
| C. | 13567 |
| D. | 13789 |
| Answer» C. 13567 | |
| 2. |
A sum is taken for 1 years at 10% per annum. If the interest is compounded every 3 months, how many times will the interest be charged in 1 year? |
| A. | 1 years |
| B. | 6 |
| C. | 5 |
| D. | 4 |
| Answer» C. 5 | |
| 3. |
A sum is taken for 2 years at 12% per annum. If the interest is compounded every 6 months, how many times will the interest be charged in 1 year? |
| A. | 1 |
| B. | 3 |
| C. | 2 |
| D. | 4 |
| Answer» E. | |
| 4. |
What will be the rate for a sum taken for 1 years at 10% p.a. compounded quarterly? |
| A. | 2 |
| B. | ( frac{5}{2} )% |
| C. | 1 % |
| D. | 2 % |
| Answer» C. 1 % | |
| 5. |
What will be the time period for a sum taken for 4 years 4 months at 10% p.a. compounded quarterly? |
| A. | ( frac{13}{3} ) |
| B. | 18 |
| C. | 4 years 4 months |
| D. | 1 year |
| Answer» C. 4 years 4 months | |
| 6. |
What will be the rate for a sum taken for 5 years at 8% p.a. compounded half-yearly? |
| A. | 8% |
| B. | 5% |
| C. | 4% |
| D. | 7% |
| Answer» D. 7% | |
| 7. |
What will be the time period for a sum taken for 3 years at 12% p.a. compounded half-yearly? |
| A. | 6 |
| B. | 3 |
| C. | 3.5 |
| D. | 4 |
| Answer» B. 3 | |
| 8. |
A man took loan of Rs. 65,250 from HSBC Bank. If the rate of interest is 9% p.a., then what will be the difference in the amounts he would be paying after 1 year if the interest is compounded quarterly and compounded annually? |
| A. | 72.4 |
| B. | 70 |
| C. | 69.05 |
| D. | 65.5 |
| Answer» D. 65.5 | |
| 9. |
What will be the amount to be paid at the end of 3 year on Rs. 500 at 10% per annum compounded half-yearly? |
| A. | 657.12 |
| B. | 638.14 |
| C. | 638.15 |
| D. | 645.78 |
| Answer» C. 638.15 | |
| 10. |
What will be the amount to be paid at the end of 7 years on Rs. 3500 at 2% per annum compounded annually? |
| A. | 4428.5 |
| B. | 3456.89 |
| C. | 4229.56 |
| D. | 4020.39 |
| Answer» E. | |