simple interest | Multiple Choice Questions (MCQ)
Q 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 _________A. Rs 50000 B. Rs 100000 C. Rs 200000 D. Rs 150000
Answer - ADetail - No Details
Q 627fadbbb7-sec2 - 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?A. Rs. 400B. Rs. 408C. Rs. 450D. Rs. 500
Answer - BDetail - No Details
Q 48b9fbe78c-sec2 - If Rs. 500 amounts to Rs. 583.2 in 2 years compounded annually, find the rate of interest per annum ?A. 5 %B. 8 %C. 10 %D. 4 %
Answer - BDetail - No Details
Q c566e902b3-sec2 - Find the compound interest on Rs. 20000 at 8 % per annum for 9 months compounded annually?A. Rs. 1200B. Rs. 1224C. Rs. 1250D. Rs. 1150
Answer - BDetail - No Details
Q fa783abcb6-sec2 - Find the compound interest on Rs. 15000 in 3 years at 5 % per annum, the interest being compounded half yearly?A. Rs. 2300B. Rs. 2250C. Rs. 2395.40D. Rs. 2295.40
Answer - CDetail - No Details
Q 9f96fb6beb-sec2 - Find compound interest on Rs. 8000 at 5 % per annum for 3 years, compounded annually?A. Rs. 1250B. Rs. 1261C. Rs. 1200D. Rs. 1150
Answer - BDetail - No Details
Q 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 ?A. 2 : 1B. 1 : 2C. 1 : 3D. Cannot determind
Answer - BDetail - No Details
Q 0759324cce-sec2 - At what rate of interest, a sum of Rs. 15000 will be Rs. 17625 in 5 years?A. 3 %B. 3.5 %C. 4 %D. 4.5 %
Answer - BDetail - No Details
Q 68dc807a45-sec2 - What will be the simple interest on an amount of Rs. 2000 in 3 years at interest 4% per annum?A. Rs. 220B. Rs. 240C. Rs. 250D. Rs. 280
Answer - BDetail - No Details
Q 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 ?A. 1 yearB. 2 yearsC. 4 yearsD. 3 years
Answer - DDetail - No Details