# 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years ago | 05/12/2018 21:50:41 | gknowledge
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