What is the compound interest on Rs. 16,000 for 1.5 years at 10% per annum, compounded half-yearly?
Correct answer D. Rs. 2,522
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Maths MCQs & Aptitude MCQs
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What is the compound interest on Rs. 40,000 for 6 months at 12% per annum, compounded quarterly?
Correct answer C. Rs. 2,436
What is the difference between the compound interest and the simple interest on Rs. 25,000 for 2 years at 6% per annum?
Correct answer D. Rs. 90
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What is the difference between the compound interest and the simple interest on Rs. 8,000 for 3 years at 5% per annum?
Correct answer A. Rs. 61
The difference between the compound interest and the simple interest on a sum for 2 years at 12% per annum is Rs. 72. What is the sum?
Correct answer D. Rs. 5,000
On Rs. 20,000 for 2 years, compound interest exceeds simple interest by Rs. 200. What is the rate of interest per annum?
Correct answer B. 10%
The difference between the compound interest and the simple interest on a sum for 3 years at 10% per annum is Rs. 186. What is the sum?
Correct answer A. Rs. 6,000
At what rate of compound interest per annum will Rs. 6,250 become Rs. 7,290 in 2 years?
Correct answer B. 8%
In how many years will Rs. 10,000 amount to Rs. 13,310 at 10% per annum compound interest?
Correct answer C. 3 years
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The population of a town is 125,000 and it grows at 4% per annum. What will it be after 2 years?
Correct answer A. 135,200
A city’s population grew at 6% per annum for the last 3 years and is now 148,877. What was the population 3 years ago?
Correct answer C. 125,000
A machine bought for Rs. 250,000 depreciates at 10% per annum on its reducing value. What is its value after 3 years?
Correct answer D. Rs. 182,250
A motorbike depreciates at 10% per annum on its reducing value. If it is worth Rs. 51,840 now, two years after purchase, what was its purchase price?
Correct answer A. Rs. 64,000
Rs. 13,500 is divided into two parts so that the simple interest on the first at 8% per annum for 3 years equals the simple interest on the second at 6% per annum for 5 years. What is the first part?
Correct answer A. Rs. 7,500
In what time will Rs. 3,750 amount to Rs. 4,800 at 8% per annum simple interest?
Correct answer C. 3.5 years
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Salman borrows Rs. 2,400 at 1.5% per month simple interest. How much interest does he owe after 2 years?
Correct answer C. Rs. 864
A moneylender charges simple interest at 75 paise per Rs. 100 per month. What interest is due on Rs. 16,000 after 3 years?
Correct answer B. Rs. 4,320
If a sum is lent for 4 years at 8.5% per annum instead of 7% per annum simple interest, it earns Rs. 420 more. What is the sum?
Correct answer B. Rs. 7,000
At what rate of simple interest per annum does a sum become 5/4 of itself in 3 years?
Correct answer D. 8 1/3%
In how many years will a sum of money become 7/4 of itself at 6% per annum simple interest?
Correct answer D. 12.5 years