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Quantitative Aptitude > Interest

SIMPLE & COMPOUND INTEREST MCQs

Compound Interest, Simple Interest, Interest (combined)


Total Questions : 1171 | Page 30 of 118 pages
Question 291. The compound interest on a certain sum of money for 2 years at 10% per annum is Rs. 525.The simple interest on the same sum of money for double the time at half the rate percent per annum is ?
  1.    Rs. 1000
  2.    Rs. 500
  3.    Rs. 200
  4.    Rs. 800
 Discuss Question
Answer: Option B. -> Rs. 500
Question 292. If the difference between the compound interest and simple interest on a certain sum at the rate of 5% per annum for 2 years is Rs. 20, then the sum is = ?
  1.    Rs. 2000
  2.    Rs. 4000
  3.    Rs. 6000
  4.    Rs. 8000
 Discuss Question
Answer: Option D. -> Rs. 8000
Question 293. The difference between CI and SI for 3 years Rs. 992. If rate of interest is 10%. Find the Principal ?
  1.    Rs. 22000
  2.    Rs. 30000
  3.    Rs. 28000
  4.    Rs. 32000
 Discuss Question
Answer: Option D. -> Rs. 32000
Question 294. The difference between compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is Rs. 41. What is the sum of money ?
  1.    Rs. 7200
  2.    Rs. 9600
  3.    Rs. 16400
  4.    Rs. 8400
 Discuss Question
Answer: Option C. -> Rs. 16400
Question 295. The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is = ?
  1.    Rs. 520
  2.    Rs. 550
  3.    Rs. 500
  4.    Rs. 515
 Discuss Question
Answer: Option C. -> Rs. 500
Question 296. Shashi had a certain amount of money. He invested $$\frac{2}{3}$$ of the total money in scheme A for 6 years and rest of the money he invested in scheme B for 2 years. Scheme A offers simple interest at a rate of 12% p.a. and scheme B offers compound interest ( compound annually) at a rate of 10% p.a. If the total interest obtained from both the schemes is Rs. 2750. What was the total amount invested by him in scheme A and scheme B together ? (Approximate value)
  1.    Rs. 4500
  2.    Rs. 4200
  3.    Rs. 4050
  4.    Rs. 5000
 Discuss Question
Answer: Option D. -> Rs. 5000
Question 297. The difference between CI and SI on a certain sum of money for 3 years at 5% p.a. is Rs. 122. Find the sum invested = ?
  1.    Rs. 10000
  2.    Rs. 12000
  3.    Rs. 16000
  4.    Rs. 20000
 Discuss Question
Answer: Option C. -> Rs. 16000
Question 298. A man invested a sum of money at compound interest. It amounted to Rs. 2420 in 2 years and to Rs. 2662 in 3 years. Find the sum ?
  1.    Rs. 1000
  2.    Rs. 2000
  3.    Rs. 5082
  4.    Rs. 3000
 Discuss Question
Answer: Option B. -> Rs. 2000
Question 299. The sum for 2 years given a compound interest of Rs. 3225 at 15% rate. Then the sum is = ?
  1.    Rs. 10000
  2.    Rs. 20000
  3.    Rs. 15000
  4.    Rs. 32250
 Discuss Question
Answer: Option A. -> Rs. 10000
Question 300. The compound interest on Rs. 4000 for 4 years at 10% per annum will be = ?
  1.    Rs. 1856.40
  2.    Rs. 1600
  3.    Rs. 1856
  4.    Rs. 1756.60
 Discuss Question
Answer: Option A. -> Rs. 1856.40

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