Menu
Popular Courses
Search

Quantitative Aptitude > Interest

SIMPLE & COMPOUND INTEREST MCQs

Compound Interest, Simple Interest, Interest (combined)


Total Questions : 1171 | Page 32 of 118 pages
Question 311. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
  1.    Rs. 1550
  2.    Rs. 1650
  3.    Rs. 1750
  4.    Rs. 2000
 Discuss Question
Answer: Option C. -> Rs. 1750
Answer: (c).Rs. 1750
Question 312. If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?
  1.    Rs. 51.25
  2.    Rs. 52
  3.    Rs. 54.25
  4.    Rs. 60
 Discuss Question
Answer: Option A. -> Rs. 51.25
Answer: (a).Rs. 51.25
Question 313. The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
  1.    Rs. 2.50
  2.    Rs. 3
  3.    Rs. 3.75
  4.    Rs. 4
 Discuss Question
Answer: Option B. -> Rs. 3
Answer: (b).Rs. 3
Question 314. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
  1.    8
  2.    10
  3.    12
  4.    Cannot be determined
 Discuss Question
Answer: Option A. -> 8
Answer: (a).8
Question 315. 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. 400
  2.    Rs. 500
  3.    Rs. 600
  4.    Rs. 800
 Discuss Question
Answer: Option B. -> Rs. 500
Answer: (b).Rs. 500
Question 316. A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
  1.    Rs. 4462.50
  2.    Rs. 8032.50
  3.    Rs. 8900
  4.    Rs. 8925
 Discuss Question
Answer: Option D. -> Rs. 8925
Answer: (d).Rs. 8925
Question 317. How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
  1.    3.5 years
  2.    4 years
  3.    4.5 years
  4.    5 years
 Discuss Question
Answer: Option B. -> 4 years
Answer: (b).4 years
Question 318. Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
  1.    Rs. 6400
  2.    Rs. 6500
  3.    Rs. 7200
  4.    Rs. 7500
 Discuss Question
Answer: Option A. -> Rs. 6400
Answer: (a).Rs. 6400
Question 319. Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?
  1.    3.6
  2.    6
  3.    18
  4.    Cannot be determined
 Discuss Question
Answer: Option B. -> 6
Answer: (b).6
Question 320. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:
  1.    Rs. 650
  2.    Rs. 690
  3.    Rs. 698
  4.    Rs. 700
 Discuss Question
Answer: Option C. -> Rs. 698
Answer: (c).Rs. 698

Share this page with your friends!

Share this page with your friends!

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)
Direction Sense Test Part 1 Reasoning (Hindi)
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Basic Concept Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Real Numbers Part 7 Class 10 Maths
Real Numbers Part 1 Class 10 Maths
Polynomials Part 1 Class 10 Maths

Latest Test Papers

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024
Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024
Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024
GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024
CBT Mixed Test 1 GPOE/GPA SAIL E0 2024