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Quantitative Aptitude > Interest

SIMPLE & COMPOUND INTEREST MCQs

Compound Interest, Simple Interest, Interest (combined)

Total Questions : 1171 | Page 27 of 118 pages
Question 261. A sum of money at compound interest amounts to thrice of itself in 3 years. In how many years it will be 9 times of itself?
  1.    9 years
  2.    27 years
  3.    6 years
  4.    3 years
 Discuss Question
Answer: Option C. -> 6 years
Question 262. A father left a will of Rs. 16400 for his two sons aged 17 and 18 years. They must get equal amount when they are 20 years, at 5% compound interest. Find the present share of the younger son = ?
  1.    Rs. 8000
  2.    Rs. 8200
  3.    Rs. 8400
  4.    Rs. 8800
 Discuss Question
Answer: Option A. -> Rs. 8000
Question 263. A sum of money put at compound interest amounts in 2 years to Rs. 672 and in 3 years Rs. 714. The rate of interest per annum is = ?
  1.    5.5%
  2.    6.0%
  3.    6.25%
  4.    6.75%
 Discuss Question
Answer: Option C. -> 6.25%
Question 264. A certain amount money at R% compounded annually after two and three years becomes Rs. 1440 and Rs. 1728 respectively, R% is ?
  1.    5%
  2.    10%
  3.    15%
  4.    20%
 Discuss Question
Answer: Option D. -> 20%
Question 265. The compound interest on a certain sum for 2 successive years are Rs. 225 and Rs. 238.50. The rate of interest per annum is = ?
  1.    $$7\frac{1}{2}$$%
  2.    5%
  3.    10%
  4.    6%
 Discuss Question
Answer: Option D. -> 6%
Question 266. A man, borrow Rs 21000 at 10% compound interest. How much he has to pay annually at the end of each year, to settle his loan in two years ?
  1.    Rs. 12000
  2.    Rs. 12100
  3.    Rs. 12200
  4.    Rs. 12300
 Discuss Question
Answer: Option B. -> Rs. 12100
Question 267. A sum of money invested at compound interest amounts to Rs. 4624 in 2 years and Rs. 4913 in 3 years. The sum of money is = ?
  1.    Rs. 4096
  2.    Rs. 4260
  3.    Rs. 4335
  4.    Rs. 4360
 Discuss Question
Answer: Option A. -> Rs. 4096
Question 268. A sum of Rs. 12000 deposited at compound interest become double after 5 years. After 20 years it will become ?
  1.    Rs. 96000
  2.    Rs. 120000
  3.    Rs. 124000
  4.    Rs. 192000
 Discuss Question
Answer: Option D. -> Rs. 192000
Question 269. The compound interest on Rs. 5000 for 3 years at 10% p.a. will amount to = ?
  1.    Rs. 1654
  2.    Rs. 1655
  3.    Rs. 1600
  4.    Rs. 1565
 Discuss Question
Answer: Option B. -> Rs. 1655
Question 270. If the compound interest on a certain sum for two years at 12% per annum is Rs. 2544, the simple interest on it at the same rate for 2 years will be = ?
  1.    Rs. 2400
  2.    Rs. 2500
  3.    Rs. 2480
  4.    Rs. 2440
 Discuss Question
Answer: Option A. -> Rs. 2400

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