MCQOPTIONS
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MCQOPTIONS
This section includes 409 Mcqs, each offering curated multiple-choice questions to sharpen your Arithmetic Ability knowledge and support exam preparation. Choose a topic below to get started.
| 151. |
The simple interest on a sum of money is 16/25 of the principal. The number of years is equal to the rate of interest per annum. What is the rate (in percentage) of interest per annum? |
| A. | 4 |
| B. | 16 |
| C. | 8 |
| D. | 12 |
| Answer» D. 12 | |
| 152. |
The simple interest on a sum is 5/9 of the principal for 25 years. What is the rate (in percentage) of interest per annum?_x005F_x000D_ |
| A. | 25/9_x005F_x000D_ |
| B. | 9/2_x005F_x000D_ |
| C. | 20/9_x005F_x000D_ |
| D. | 44301 |
| Answer» D. 44301 | |
| 153. |
The simple interest on a sum is 7/8 of the principal for 5 years. What is the rate (in percentage) of interest per annum?_x005F_x000D_ |
| A. | 15 |
| B. | 17.5 |
| C. | 14 |
| D. | 22.5 |
| Answer» C. 14 | |
| 154. |
The simple interest on a certain sum for 3 years at 8% p.a.. is Rs.90 more than simple interest at 9% p.a. for 2 years on the same sum. The sum is (in rupees). |
| A. | Rs.1900 |
| B. | Rs.1850 |
| C. | Rs.2250 |
| D. | Rs.1500 |
| Answer» E. | |
| 155. |
The simple interest on a sum is 3/5 of the principal at the rate of 7.5% per annum. What is the time period (in years)?_x005F_x000D_ |
| A. | 7.5 |
| B. | 8 |
| C. | 10 |
| D. | 12.5 |
| Answer» C. 10 | |
| 156. |
The simple interest on a certain sum of money invested at a certain rate for 2 years amounts to Rs. 1200. The compound interest on the same sum of money invested at the same rate of interest for 2 years amounts to Rs. 1290. What was the principal? |
| A. | Rs. 12000 |
| B. | Rs. 16000 |
| C. | Rs. 6000 |
| D. | Rs. 4000 |
| Answer» E. | |
| 157. |
The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is Rs. 840 . Rate of interest for which the same amount of interest can be received on the same sum after 5 years is |
| A. | 0.07 |
| B. | 0.08 |
| C. | 0.09 |
| D. | 0.1 |
| Answer» C. 0.09 | |
| 158. |
The simple interest on a sum for 5 years is Rs 16800. The rate of interest for the first 3 years is 8% per annum and for the next 2 years is 12% per annum. What is the value (in Rs) of sum? |
| A. | 30000 |
| B. | 38000 |
| C. | 32000 |
| D. | 35000 |
| Answer» E. | |
| 159. |
The simple interest on a certain sum at 12% per annum for 3 years is Rs. 4140. What is the compound interest on the same sum at 8% for two years? |
| A. | Rs. 1913.60 |
| B. | Rs. 1886.50 |
| C. | Rs. 1840 |
| D. | Rs. 2012.40 |
| Answer» B. Rs. 1886.50 | |
| 160. |
The simple and compound interest that can be earned in two years at the same rate is Rs 4000 and Rs 4180 respectively. What is the rate (percent per annum) of interest? |
| A. | 18 |
| B. | 4.5 |
| C. | 9 |
| D. | 12 |
| Answer» D. 12 | |
| 161. |
The simple and compound interest that can be earned in two years at the same rate is Rs 1500 and Rs 1575 respectively. What is the rate (% per annum) of interest? |
| A. | 8 |
| B. | 10 |
| C. | 12 |
| D. | 5 |
| Answer» C. 12 | |
| 162. |
The simple interest at y% for 'y' years will be Rs. y on a sum. Find the principal amount._x005F_x000D_ |
| A. | 100/y |
| B. | 100 x y |
| C. | 100y2 |
| D. | 100 ÷ y2 |
| Answer» B. 100 x y | |
| 163. |
The simple interest accrued on a sum of money at the end of four years is 1/5th of its principal. What is the rate of interest per annum? |
| A. | 0.04 |
| B. | 0.05 |
| C. | 0.06 |
| D. | Inadequate data |
| Answer» C. 0.06 | |
| 164. |
The simple and compound interest that can be earned in two years at the same rate is Rs 1,000 and Rs 1,040 respectively. What is the rate (percent per annum) of interest? |
| A. | 9 |
| B. | 10 |
| C. | 8 |
| D. | 11 |
| Answer» D. 11 | |
| 165. |
The present of Rs.169 due in 2years at 4% per annum compound interest is |
| A. | Rs.150.50 |
| B. | Rs.154.75 |
| C. | Rs.156.25 |
| D. | Rs.158 |
| Answer» D. Rs.158 | |
| 166. |
The rate of simple interest per annum at which a sum of money double itself in 162â„3 yrs. is |
| A. | 0.04 |
| B. | 0.05 |
| C. | 0.06 |
| D. | 0.066666666666667 |
| Answer» D. 0.066666666666667 | |
| 167. |
The rate of simple interest per annum at which a sum of money double itself in 16 2/3 yrs is |
| A. | 0.04 |
| B. | 0.05 |
| C. | 0.06 |
| D. | 0.065 |
| Answer» D. 0.065 | |
| 168. |
The rate of simple interest on a sum of money is 5% p.a. for the first 4 years, 8% p.a. for the next 3 years and 10% p.a. for the period beyond 7 years. If the simple interest accrued by the sum over a period of 10 years is ₹1,850, then the sum is:_x005F_x000D_ |
| A. | ₹2,750 |
| B. | ₹1,650 |
| C. | ₹2,500 |
| D. | ₹1,500 |
| Answer» D. ₹1,500 | |
| 169. |
The maturity value after three years, of a certain sum at 15%p.a simple interest is Rs.8,700/-. Find the principal amount. |
| A. | Rs.5,000 |
| B. | Rs.6,000 |
| C. | Rs.5,500 |
| D. | Rs.6,500 |
| Answer» C. Rs.5,500 | |
| 170. |
The interest on Rs. 1250 for 6 years at the rate of 4% simple interest per annum will be |
| A. | Rs. 360 |
| B. | Rs. 350 |
| C. | Rs. 375 |
| D. | Rs. 300 |
| Answer» E. | |
| 171. |
The interest earned on Rs. 2250 at the rate of 3% simple interest per annum for 2 years will be |
| A. | Rs. 67.50 |
| B. | Rs. 135 |
| C. | Rs. 202.50 |
| D. | Rs. 225 |
| Answer» C. Rs. 202.50 | |
| 172. |
The interest earned on Rs. 3675 at the rate of 4% simple interest per annum for 2 years will be |
| A. | Rs. 294 |
| B. | Rs. 289.50 |
| C. | Rs. 292 |
| D. | Rs. 288.50 |
| Answer» B. Rs. 289.50 | |
| 173. |
The interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a. Â ? |
| A. | Rs. 22.5 |
| B. | Rs. 2.5 |
| C. | Rs. 202 |
| D. | Rs. 25 |
| Answer» B. Rs. 2.5 | |
| 174. |
The effective annual rate of interest corresponding to a nominal rate of 19% per annum payable halfÂyearly is: |
| A. | 38 percent |
| B. | 19.9 percent |
| C. | 39.81 percent |
| D. | 19 percent |
| Answer» C. 39.81 percent | |
| 175. |
The interest earned on Rs. 1600 at the rate of 5% S>I per annum for 6 yrs would be: |
| A. | 2080 |
| B. | 450 |
| C. | 496 |
| D. | 480 |
| Answer» E. | |
| 176. |
The effective annual rate of interest corresponding to a nominal rate of 15% per annum payable half-yearly is |
| A. | 15.56 percent |
| B. | 30 percent |
| C. | 31.13 percent |
| D. | 15 percent |
| Answer» B. 30 percent | |
| 177. |
The effective annual rate of interest corresponding to a nominal rate of 7% per annum payable halfÂyearly is |
| A. | 14 percent |
| B. | 14.25 percent |
| C. | 7 percent |
| D. | 7.12 percent |
| Answer» E. | |
| 178. |
The difference of compound interest and simple interest for 3 years and for 2 years are in ratio 23 : 7 respectively. What is rate of interest per annum (in %)? |
| A. | 200/7 |
| B. | 100/7 |
| C. | 300/7 |
| D. | 400/7 |
| Answer» B. 100/7 | |
| 179. |
The difference between the simple interest obtained by investing Rs. 'X' with 8% per annum for an year and by investing Rs. 'X+1400' with 8% per annum for two years is 240 Rs. Find the value of X. |
| A. | 200 |
| B. | 100 |
| C. | 400 |
| D. | 300 |
| Answer» B. 100 | |
| 180. |
The difference between the interests earned when Rs. P is invested for four years in a scheme offering 9% p.a. Simple interest and when the same sum (Rs P) is invested for two years in another scheme offering 12% p.a. simple interest, is Rs 480. What is the value of P? |
| A. | 2000 |
| B. | 3500 |
| C. | 2500 |
| D. | 4000 |
| Answer» E. | |
| 181. |
The difference between the simple interest received from two different sources on Rs.1500 for 3 years is Rs.13.50. The difference between their rates of interest is |
| A. | 0.001 |
| B. | 0.002 |
| C. | 0.003 |
| D. | 0.004 |
| Answer» D. 0.004 | |
| 182. |
The difference between simple interest on a certain sum at the rate of 6% per annum for 5 years and 6 years is 25.8. What is the sum (in Rs)?_x005F_x000D_ |
| A. | 480 |
| B. | 430 |
| C. | 258 |
| D. | 516 |
| Answer» C. 258 | |
| 183. |
The difference between the compound interest compounding half yearly for 1 year and the simple interest for 1 year on a certain sum of money lent out at 8% per annum is Rs 64. What is the sum (in Rs)? |
| A. | 40000 |
| B. | 42000 |
| C. | 44000 |
| D. | 44800 |
| Answer» B. 42000 | |
| 184. |
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 9% per annum is Rs 405. The sum is ______ . |
| A. | Rs 50000 |
| B. | Rs 100000 |
| C. | Rs 200000 |
| D. | Rs 150000 |
| Answer» B. Rs 100000 | |
| 185. |
The difference between Simple Interest and Compound Interest at the rate of 12% on the same amount for 3 years is Rs. 112.32. What is the principal amount if interest is compounded annually? |
| A. | Rs. 25000 |
| B. | Rs. 2500 |
| C. | Rs. 50000 |
| D. | Rs. 5000 |
| Answer» C. Rs. 50000 | |
| 186. |
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 16% per annum is Rs 320. What is the value of given sum (in Rs)? |
| A. | 25000 |
| B. | 50000 |
| C. | 37500 |
| D. | 12500 |
| Answer» E. | |
| 187. |
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 8. The sum is ______. |
| A. | Rs 10000 |
| B. | Rs 20000 |
| C. | Rs 5000 |
| D. | Rs 15000 |
| Answer» D. Rs 15000 | |
| 188. |
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 12% per annum is Rs 72. What is the value of given sum (in Rs)? |
| A. | 10000 |
| B. | 20000 |
| C. | 5000 |
| D. | 15000 |
| Answer» D. 15000 | |
| 189. |
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs. 1. The sum (in Rs.) is: |
| A. | 620 |
| B. | 630 |
| C. | 640 |
| D. | 625 |
| Answer» E. | |
| 190. |
The difference between compound interest and simple interest on a sum for 2 year at 20% per annum is Rs 200. If the interest is compounded half yearly, then what is the difference (in Rs) between compound and simple interest for 1st year? |
| A. | 50 |
| B. | 75 |
| C. | 100 |
| D. | 150 |
| Answer» B. 75 | |
| 191. |
The difference between compound interest and simple interest on Rs. 5000 for 2 years at 8% per annum payable yearly is |
| A. | Rs.30 |
| B. | Rs.31 |
| C. | Rs.33 |
| D. | Rs.32 |
| Answer» E. | |
| 192. |
The difference between compound interest compoundedevery 6 months and simple interest after 2 years is 248.10.The rate of interest is 10 percent. Find the sum |
| A. | 12000 |
| B. | 14000 |
| C. | 16000 |
| D. | 18000 |
| Answer» D. 18000 | |
| 193. |
The amount of simple interest accrued on an amount of Rs 28,500 in seven years is Rs 23,940 What is the rate of interest p.c.p.a ? |
| A. | 10.5 |
| B. | 12.5 |
| C. | 11 |
| D. | 12 |
| Answer» E. | |
| 194. |
Srinivasan invests two equal amounts in two banks giving 8% and 12% rate of interest respectively. At the end of year the interest earned is Rs. 1500. Find the sum invested in each. |
| A. | Rs. 5800 |
| B. | Rs. 15000 |
| C. | Rs. 7500 |
| D. | Rs. 17,000 |
| Answer» D. Rs. 17,000 | |
| 195. |
Simple Interest received by a person in 10 years on a principal of Rs 9500 is 130% of the principal. What is the rate of interest (in %) per annum? |
| A. | 12 |
| B. | 13 |
| C. | 15 |
| D. | 19 |
| Answer» C. 15 | |
| 196. |
Simple interest on a sum of Rs 6800 for 18 months is Rs 2244. What is the rate (in percentage) of interest per annum? |
| A. | 24 |
| B. | 18 |
| C. | 20 |
| D. | 22 |
| Answer» E. | |
| 197. |
Some part of Rs 17500 was lent at the rate of 24% per annum simple interest and the remaining part at the rate of 10% per annum simple interest. The total interest received after 5 years is Rs 13300. What is the ratio of money lent at the rate of 24% and 10%?_x005F_x000D_ |
| A. | 0.50902777777778 |
| B. | 0.12777777777778 |
| C. | 0.12638888888889 |
| D. | 0.55694444444444 |
| Answer» E. | |
| 198. |
Simple interest on a sum of Rs 67400 for 14 months is Rs 4718. What is the rate (in percentage) of interest per annum? |
| A. | 5.5 |
| B. | 6 |
| C. | 8 |
| D. | 7 |
| Answer» C. 8 | |
| 199. |
Simple interest on a sum of Rs 3300 for 5 years is Rs 1980. What is the annual rate (in percentage) of interest?_x005F_x000D_ |
| A. | 10 |
| B. | 15 |
| C. | 12 |
| D. | 9 |
| Answer» D. 9 | |
| 200. |
Simple interest on a sum of Rs 50200 for 3 months is Rs 1380.5. What is the rate (in percentage) of interest per annum?_x005F_x000D_ |
| A. | 11 |
| B. | 9 |
| C. | 9.5 |
| D. | 8.5 |
| Answer» B. 9 | |