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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.
| 301. |
Avinash gave a sum of 5400 at the simple rate of interest of 8% to Rajeev for 4 years and Rajeev gave this amount to Chanukya at the rate of 6% for 4 years. Find how much extra amount has to be paid by Rajeev to Avinash after 4 years? |
| A. | Rs. 364 |
| B. | Rs. 432 |
| C. | Rs. 498 |
| D. | Rs. 554 |
| Answer» C. Rs. 498 | |
| 302. |
At what rate percent per annum will a sum of money double in 8 years. |
| A. | 0.125 |
| B. | 0.135 |
| C. | 0.115 |
| D. | 0.145 |
| Answer» B. 0.135 | |
| 303. |
Calculate the simple interest if Rs. 1800 is invested for 10 years at a rate of 5% per annum. |
| A. | Rs. 900 |
| B. | Rs. 450 |
| C. | Rs. 1800 |
| D. | Rs. 2700 |
| Answer» B. Rs. 450 | |
| 304. |
Both S.I. and C.I. is calculated with a similar rate of 10% per annum on a sum of rupees. If C.I. is calculated yearly for two years, then for what period must S.I. be evaluated such that S.I. = C.I.? |
| A. | 4.2 years |
| B. | 2.1 years |
| C. | 1.1 years |
| D. | 1.4 years |
| Answer» C. 1.1 years | |
| 305. |
At what rate percent on simple interest will Rs.415 amount to Rs.514 in 4 years  ? |
| A. | 0.0458 |
| B. | 0.0596 |
| C. | 0.0652 |
| D. | 0.0498 |
| Answer» C. 0.0652 | |
| 306. |
At what rate of compound interest per annum will a sum of rs.1200 becomes rs.1348.32 in 2 years |
| A. | 66%% |
| B. | 0.065 |
| C. | 0.07 |
| D. | 0.075 |
| Answer» B. 0.065 | |
| 307. |
At the rate of 12.5% per annum, the simple interest on a sum is 5/4 of the principal. What is the time period (in years)?_x005F_x000D_ |
| A. | 12.5 |
| B. | 8 |
| C. | 10 |
| D. | 15 |
| Answer» D. 15 | |
| 308. |
At 8% simple interest per annum a sum of money becomes Rs.608 in 3.5 years. What was the sum invested? |
| A. | Rs.440 |
| B. | Rs.475 |
| C. | Rs.450 |
| D. | Rs.460 |
| Answer» C. Rs.450 | |
| 309. |
At 9.5% simple interest per annum a sum of money became Rs. 942 in 6 years. The sum initially invested was: |
| A. | 600 |
| B. | 616 |
| C. | 626 |
| D. | 636 |
| Answer» B. 616 | |
| 310. |
At the beginning of March, Ryan had $621 in his savings bank account. On 10 March he deposited $60. If the bank pays 8% p.a. interest paid monthly and calculated on the minimum monthly balance, calculate the interest Ryan earns in March. |
| A. | 2.14 |
| B. | 3.14 |
| C. | 5.14 |
| D. | 4.14 |
| Answer» E. | |
| 311. |
At 8% simple interest per annum a sum of money becomes Rs. 300 in 2.5 years. What was the sum invested? |
| A. | Rs. 275 |
| B. | Rs. 250 |
| C. | Rs. 240 |
| D. | Rs. 260 |
| Answer» C. Rs. 240 | |
| 312. |
Arun took a loan of Rs. 29000 with simple interest for as many years as the rate of interest. If he paid Rs. 10440 as interest at the end of the loan period, what was the rate of interest? |
| A. | 0.055 |
| B. | 0.06 |
| C. | 0.065 |
| D. | 0.07 |
| Answer» C. 0.065 | |
| 313. |
An investment bond is offered to the public at 9% p.a. Louise buys a bond worth $2000 that will mature in 2 years. How much in total will Louise receive at the end of the 2 years? |
| A. | 3360 |
| B. | 2360 |
| C. | 4360 |
| D. | 5360 |
| Answer» C. 4360 | |
| 314. |
At 6% simple interest per annum a sum of money became Rs. 834 in 6.5 years. The sum initially invested was |
| A. | Rs. 600 |
| B. | Rs. 626 |
| C. | Rs. 675 |
| D. | Rs. 650 |
| Answer» B. Rs. 626 | |
| 315. |
At 5% simple interest per annum a certain sum yields a total amount of Rs. 2,790 at the end of 3 1/4 years. The sum invested was |
| A. | Rs. 2350 |
| B. | Rs. 2400 |
| C. | Rs. 2600 |
| D. | Rs. 2550 |
| Answer» C. Rs. 2600 | |
| 316. |
Ankita borrows Rs. 7000 at simple Interest from a lender. Atthe end of 3 years, she again borrows Rs. 3000 and settledthat amount after paying Rs. 4615 as interest after 8 years from the time she made the first borrowing. What is the rate of interest? |
| A. | 0.055 |
| B. | 0.095 |
| C. | 0.075 |
| D. | 0.065 |
| Answer» E. | |
| 317. |
An automobile financier claims to be lending money at simple interest, but he includesthe interest every six months for calculating the principal. If he is charging an interest of10%, the effective rate of interest becomes: |
| A. | 0.1 |
| B. | 0.1025 |
| C. | 0.105 |
| D. | none of these |
| Answer» C. 0.105 | |
| 318. |
An equal sum is invested in two different schemes. One scheme gives simple interest and the other gives compound interest (annual compounding). The total interest obtained after 2 years from both the schemes together is Rs 2090. If both the schemes have 18% per annum interest rate, then what is the first year interest (in Rs) of simple interest scheme? |
| A. | 1000 |
| B. | 500 |
| C. | 545 |
| D. | 1045 |
| Answer» C. 545 | |
| 319. |
An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months? |
| A. | 7401.22 |
| B. | 3456 |
| C. | 4567 |
| D. | 7890 |
| Answer» B. 3456 | |
| 320. |
An equal sum is invested in two different schemes. One scheme gives simple interest and the other gives compound interest (annual compounding). The sum of interest obtained after 2 years from both the schemes is Rs 2961. If both schemes have 23% per annum interest rate, then what is the first year interest (in Rs)of simple interest scheme? |
| A. | 500 |
| B. | 1100 |
| C. | 700 |
| D. | 900 |
| Answer» D. 900 | |
| 321. |
An automobile financier claims to be lending money at S.I., but he includes the interest every six months for calculating the principal. If he is charging an interest of 8%, the effective rate of interest becomes ? |
| A. | 0.1025 |
| B. | 0.0816 |
| C. | 0.0963 |
| D. | 0.0016 |
| Answer» C. 0.0963 | |
| 322. |
An amount fetched a total simple interest of Rs. 3200 at the rate of 6.25 %/yr in 4 years. What is the amount (in Rs)? |
| A. | 13800 |
| B. | 11800 |
| C. | 12800 |
| D. | 14800 |
| Answer» D. 14800 | |
| 323. |
Althaf borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12% ? |
| A. | Rs. 300 |
| B. | Rs. 400 |
| C. | Rs. 1200 |
| D. | Rs. 1100 |
| Answer» D. Rs. 1100 | |
| 324. |
Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10:3 at 6% simple interest per annum? |
| A. | 7 years |
| B. | 3 years |
| C. | 5 years |
| D. | 4 years |
| Answer» D. 4 years | |
| 325. |
An amount doubles itself in 15 years. what is the rate of interest ? |
| A. | 0.0785 |
| B. | 0.0941 |
| C. | 0.0666 |
| D. | 0.0421 |
| Answer» D. 0.0421 | |
| 326. |
An amount of $255 was invested at 8.5% p.a. How long will it take, to the nearest year, to earn $86.70 in interest? |
| A. | 2years |
| B. | 3years |
| C. | 4years |
| D. | 5years |
| Answer» D. 5years | |
| 327. |
A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum. |
| A. | Rs.4000 |
| B. | Rs.9000 |
| C. | Rs.5000 |
| D. | Rs.6000 |
| Answer» E. | |
| 328. |
A sum of Rs.1550 was lent partly at 8% p.a. simple interest. The total interest received after 3 years was Rs.300. The ratio of the money lent at 5% to that lent at 8% is : |
| A. | 0.21388888888889 |
| B. | 0.25486111111111 |
| C. | 0.67708333333333 |
| D. | 0.72083333333333 |
| Answer» D. 0.72083333333333 | |
| 329. |
A sum was put at simple interest at a certain rate for 10 years . Had it been put at 5% higher rate , it would have fetched Rs.600 more. What was the Sum? |
| A. | Rs.1200 |
| B. | Rs.1300 |
| C. | Rs.1400 |
| D. | Rs.1500 |
| Answer» B. Rs.1300 | |
| 330. |
Albert invested an amount of x rupees in a fixed deposit scheme offering 10% per annum for 1st year and 15% per annum for 2nd year and received an amount of Rs 20,240 after the two years. What is x (in Rs)? |
| A. | 15000 |
| B. | 16000 |
| C. | 14000 |
| D. | 18000 |
| Answer» C. 14000 | |
| 331. |
A sum was invested for 3 years at simple interest at a certain rate. Had it been invested at 4% higher rate of interest, it would have fetched Rs 600 more. The sum is |
| A. | Rs 4000 |
| B. | Rs 4950 |
| C. | Rs 5000 |
| D. | Rs 5150 |
| Answer» D. Rs 5150 | |
| 332. |
A sum of Rs 7500 is divided into two parts. The simple interest on first part at the rate of 12% per annum is equal to the simple interest on second part at the rate of 18%. What is the interest (in Rs) on each part for one year? |
| A. | 600 |
| B. | 360 |
| C. | 480 |
| D. | 540 |
| Answer» E. | |
| 333. |
A sum of Rs 800 becomes Rs 1000 in 2 years at simple interest. What is the per annum rate of interest (in percent)?_x005F_x000D_ |
| A. | 12.5_x005F_x000D_ |
| B. | 25_x005F_x000D_ |
| C. | 8.5_x005F_x000D_ |
| D. | 17 |
| Answer» B. 25_x005F_x000D_ | |
| 334. |
A sum of Rs 8000 is divided into two parts. The simple interest on first part at the rate of 21% per annum is equal to the simple interest on second part at the rate of 35% per annum. What is the interest (in Rs) of each part? |
| A. | 1050 |
| B. | 840 |
| C. | 1400 |
| D. | 1220 |
| Answer» B. 840 | |
| 335. |
A sum of Rs. 1200 is lent to be paid back in 5 equal annual installments of Rs. 264 each. The rate of interest per annum is |
| A. | 0.06 |
| B. | 0.08 |
| C. | 0.02 |
| D. | 0.04 |
| Answer» D. 0.04 | |
| 336. |
A sum of Rs. 3000 yields an interest of Rs. 1080 at 12% per annum simple interest in how many years ? |
| A. | 4 Years |
| B. | 3 Years |
| C. | 5 Years |
| D. | 2.5 Years |
| Answer» C. 5 Years | |
| 337. |
A sum of Rs. 2600 is invested at two different rates of interest. The difference between the simple interests got after 4 years is Rs 402.80 at these two rates, what is the difference between the rates of interest? |
| A. | 1.58 |
| B. | 2.63 |
| C. | 3.87 |
| D. | 4.02 |
| Answer» D. 4.02 | |
| 338. |
A sum of Rs 4000 becomes Rs 7000 in 6 years at simple interest. If the rate of interest becomes double of itself, then what will be the amount (in Rs) after 6 years?_x005F_x000D_ |
| A. | 8500 |
| B. | 9000 |
| C. | 8000 |
| D. | 10000 |
| Answer» E. | |
| 339. |
A sum of Rs 400 becomes Rs 448 at simple interest in 2 years. In how many years will the sum of Rs 550 amounts to Rs 682 at the same rate? |
| A. | 2 |
| B. | 3 |
| C. | 3.5 |
| D. | 4 |
| Answer» E. | |
| 340. |
A sum of Rs. 4000 is lent out in two parts, one at 8% simple interest and the other at 10% simple interest. If the annual interest is Rs. 352. The sum lent at 8% is |
| A. | Rs. 2900 |
| B. | Rs. 2200 |
| C. | Rs. 2400 |
| D. | Rs. 3100 |
| Answer» D. Rs. 3100 | |
| 341. |
A sum of Rs 15200 is divided into two parts. The simple interest on first part at the rate of 25% per annum is equal to the simple interest on second part at the rate of 13% per annum. What is the interest (in Rs) of each part? |
| A. | 2500 |
| B. | 1300 |
| C. | 3250 |
| D. | 1625 |
| Answer» C. 3250 | |
| 342. |
A sum of Rs 2000 becomes Rs 3645 in 2 years at a certain rate of compound interest. What will be the sum (in Rs) after 4 years? |
| A. | 5942.125 |
| B. | 6643.0125 |
| C. | 7243.0125 |
| D. | 7498.125 |
| Answer» C. 7243.0125 | |
| 343. |
A sum of Rs. 10,000 is lent partly at 6% and the remaining at 10% p.a. If the yearly interest on the average is 9.2%, the money lent at 10% is:- |
| A. | Rs. 8000 |
| B. | Rs. 8500 |
| C. | Rs. 5000 |
| D. | Rs. 2000 |
| Answer» B. Rs. 8500 | |
| 344. |
A sum of Rs 1200 amounts to Rs 1740 in 3 years at simple interest. If rate of interest is increased by 3%, then what will be the new amount (in Rs)? |
| A. | 1848 |
| B. | 1946 |
| C. | 1812 |
| D. | 1924 |
| Answer» B. 1946 | |
| 345. |
A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest |
| A. | 0.03 |
| B. | 0.04 |
| C. | 0.05 |
| D. | 0.06 |
| Answer» E. | |
| 346. |
A sum of money was invested at the rate of 7.5% S.I. per annum for 4 years. If the investment was for 5 years, the interest earned would have been Rs. 375 more. What was the initial sum invested? |
| A. | Rs. 4750 |
| B. | Rs. 5000 |
| C. | Rs. 4500 |
| D. | Rs. 3750 |
| Answer» C. Rs. 4500 | |
| 347. |
A sum of money invested for a certain number of years at 8% p.a. simple interest grows to Rs.180. The same sum of money invested for the same number of years at 4% p.a. simple interest grows to Rs.120 only. For how many years was the sum invested? |
| A. | 25years |
| B. | 15years |
| C. | 20years |
| D. | 22years |
| Answer» B. 15years | |
| 348. |
A sum of money of Rs. 1000 is lent out in two parts in such a way that the interest on one part at 10% per annum for 5 years is equal to another at 5% for 10 years. Calculate the sum lent out at 5%. |
| A. | Rs. 500 |
| B. | Rs. 800 |
| C. | Rs. 1000 |
| D. | Rs. 1200 |
| Answer» B. Rs. 800 | |
| 349. |
A sum of money (P) doubles in 10 years. How much would it be in 20 years at the same rate of simple interest? |
| A. | P |
| B. | 2P |
| C. | 3P |
| D. | 4P |
| Answer» D. 4P | |
| 350. |
A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? |
| A. | 0.3 |
| B. | 0.25 |
| C. | 0.22 |
| D. | 0.18 |
| Answer» C. 0.22 | |