# Simple Interest | Multiple Choice Questions (MCQ)

ID - d6d2b41fcc-sec2

## 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 _________

Rs 50000
Rs 100000
Rs 200000
Rs 150000
Simple Interest

8 months ago | 08/03/2019 15:53:29 | gknowledge

## If the simple interest on a sum of money at 4 % per annum for 2 years is Rs. 400, find the compound interest on the same sum for the same period at the same rate?

Rs. 400
Rs. 408
Rs. 450
Rs. 500
Simple Interest

11 months ago | 05/12/2018 21:52:43 | gknowledge
ID - 48b9fbe78c-sec2

## If Rs. 500 amounts to Rs. 583.2 in 2 years compounded annually, find the rate of interest per annum ?

5 %
8 %
10 %
4 %
Simple Interest

11 months ago | 05/12/2018 21:52:23 | gknowledge
ID - c566e902b3-sec2

## Find the compound interest on Rs. 20000 at 8 % per annum for 9 months compounded annually?

Rs. 1200
Rs. 1224
Rs. 1250
Rs. 1150
Simple Interest

11 months ago | 05/12/2018 21:52:15 | gknowledge
ID - fa783abcb6-sec2

## Find the compound interest on Rs. 15000 in 3 years at 5 % per annum, the interest being compounded half yearly?

Rs. 2300
Rs. 2250
Rs. 2395.40
Rs. 2295.40
Simple Interest

11 months ago | 05/12/2018 21:51:57 | gknowledge
ID - 9f96fb6beb-sec2

## Find compound interest on Rs. 8000 at 5 % per annum for 3 years, compounded annually?

Rs. 1250
Rs. 1261
Rs. 1200
Rs. 1150
Simple Interest

11 months ago | 05/12/2018 21:51:47 | gknowledge
ID - 5d77df977a-sec2

## What will be the ratio of simple interest earned by a certain amount at the same rate of interest for 2 years & for 4 years ?

2 : 1
1 : 2
1 : 3
Cannot determind
Simple Interest

11 months ago | 05/12/2018 21:51:11 | gknowledge
ID - 0759324cce-sec2

## At what rate of interest, a sum of Rs. 15000 will be Rs. 17625 in 5 years?

3 %
3.5 %
4 %
4.5 %
Simple Interest

11 months ago | 05/12/2018 21:50:59 | gknowledge
ID - 68dc807a45-sec2

## What will be the simple interest on an amount of Rs. 2000 in 3 years at interest 4% per annum?

Rs. 220
Rs. 240
Rs. 250
Rs. 280
Simple Interest

11 months ago | 05/12/2018 21:50:50 | gknowledge
ID - 45bb1dc337-sec2

## How much time will it take for an amount of Rs. 1500 to get Rs. 225 as interest at 5% per annum of simple interest ?

1 year
2 years
4 years
3 years
Simple Interest

11 months ago | 05/12/2018 21:50:41 | gknowledge
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