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Compound Interest MCQs

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1

Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

Option A: Rs. 16,500

Option B: Rs. 16,525.50

Option C: Rs. 16,537.50

Option D: Rs. 18,150

Correct Answer: Rs. 16,537.50 ✔


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2

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?

Option A: Rs. 565.25

Option B: Rs. 635

Option C: Rs. 662.02

Option D: Rs. 666.50

Correct Answer: Rs. 662.02 ✔


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3

What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?

Option A: Rs. 9000.30

Option B: Rs. 9720

Option C: Rs. 10123.20

Option D: Rs. 10483.20

Correct Answer: Rs. 10123.20 ✔


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4

Shohaib invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Shohaib get on maturity of the fixed deposit?

Option A: Rs. 8600

Option B: Rs. 8620

Option C: Rs. 8800

Option D: Rs. 8840

Correct Answer: None of these ✔


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5

Afnan wants to borrow Rs.6000 at rate of interest 6% p.a. at S.I and lend the same amount at C.I at same rate of interest for two years. What would be his income in the above transaction?

Option A: Rs.21.60

Option B: Rs.24.00

Option C: Rs.25.20

Option D: Rs.27.80

Correct Answer: Rs.21.60 ✔


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6

Rayan invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Rayan’s investments if the interests from those investments are equal?

Option A: 4 : 3

Option B: 3 : 2

Option C: 6 : 5

Option D: 7 : 6

Correct Answer: 7 : 6 ✔


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7

The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

Option A: Rs.3502.80

Option B: Rs.3052.40

Option C: Rs.3054.8

Option D: Rs.3052.80

Correct Answer: Rs.3052.80 ✔


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8

What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?

Option A: Rs.140

Option B: Rs.120

Option C: Rs.130

Option D: Rs.110

Correct Answer: Rs.120 ✔


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9

The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum.

Option A: Rs.18000

Option B: Rs.17000

Option C: Rs.18500

Option D: Rs.17500

Correct Answer: Rs.17000 ✔


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10

A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum?

Option A: Rs.7500

Option B: Rs.7000

Option C: Rs.8000

Option D: Rs.6500

Correct Answer: Rs.7500 ✔


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11

The compound interest accrued on an amount of Rs.44000 at the end of two years is Rs.1193.60. What would be the simple interest accrued on the same amount at the same rate in the same period?

Option A: Rs.10,840

Option B: Rs.10,720

Option C: Rs.10,560

Option D: Rs.10,280

Correct Answer: Rs.10,560 ✔


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12

The simple interest accrued on an amount of Rs.49500 at he end of three is Rs.17820. What would be the compound interest accured on the same amount at teh same rate in the same period? (Round off your answer to two decimal places)

Option A: Rs.20043.94

Option B: Rs.18654.81

Option C: Rs.20264.46

Option D: Rs.19612.41

Correct Answer: Rs.20043.94 ✔


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13

A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.

Option A: Rs.500

Option B: Rs.250

Option C: Rs.5012.50

Option D: Rs.5062.50

Correct Answer: None of these. ✔


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14

A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.

Option A: Rs.2520

Option B: Rs.3120

Option C: Rs.3320

Option D: Rs.2760

Correct Answer: Rs.3120 ✔


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15

Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest?

Option A: 18% p.a.

Option B: 22% p.a.

Option C: 20% p.a.

Option D: 24% p.a.

Correct Answer: 20% p.a. ✔


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16

Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?

Option A: 8% p.a.

Option B: 6% p.a.

Option C: 4% p.a.

Option D: 5% p.a.

Correct Answer: 5% p.a. ✔


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17

Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)

Option A: Rs.4273

Option B: Rs.4613

Option C: Rs.4064

Option D: Rs.4266

Correct Answer: Rs.4266 ✔


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18

The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.

Option A: Rs.18,828.80

Option B: Rs.19,828.80

Option C: Rs.18,028.80

Option D: Rs.17,828.80

Correct Answer: Rs.19,828.80 ✔


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19

What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?

Option A: Rs.9630

Option B: Rs.9680

Option C: Rs.9610

Option D: Rs.9650

Correct Answer: None of these ✔


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20

Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?

Option A: Rs.460

Option B: Rs.5640

Option C: Rs.5460

Option D: Rs.5604

Correct Answer: Rs.5460 ✔


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21

The population of a city increases at the rate of 4% p.a. but there is an additional annual increase of 1% in the population due to some job seekers. The percentage increase in the population after 2 years is_________?

Option A: 10

Option B: 11

Option C: 10.25

Option D: 10.15

Correct Answer: 10 ✔


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22

A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?

Option A: Rs.150

Option B: Rs.140

Option C: Rs.130

Option D: Data insufficient for the answer

Correct Answer: Data insufficient for the answer ✔


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23

A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.

Option A: Rs.2205

Option B: Rs.2200

Option C: Rs.2160

Option D: Rs.2040

Correct Answer: Rs.2205 ✔


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24

How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?

Option A: Rs.482

Option B: Rs.424

Option C: Rs.842

Option D: Rs.512

Correct Answer: Rs.482 ✔


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25

In one year, the population, of a village increased by 10% and in the next year, it decreased by 10%. If at the end of 2nd year, the population was 7920, what was it in the beginning?

Option A: 8500

Option B: 8000

Option C: 8100

Option D: 8400

Correct Answer: 8000 ✔


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26

Sehar gave Shazia Rs.1250 on compound interest for 2 years at 4% per annum. How much loss would Sehar has suffered had she given it to Shazia for 2 years at 4% per annum simple interest?

Option A: Rs.10

Option B: Rs.2

Option C: Rs.5

Option D: Rs.3

Correct Answer: Rs.2 ✔


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27

Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid Rs.2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?

Option A: Rs.635.50

Option B: Rs.613.50

Option C: Rs.675.50

Option D: Rs.653.50

Correct Answer: Rs.635.50 ✔


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28

Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000?

Option A: Rs.81000

Option B: Rs.80000

Option C: Rs.75000

Option D: Rs.64000

Correct Answer: Rs.81000 ✔


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29

Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?

Option A: Rs.1261

Option B: Rs.9261

Option C: Rs.9621

Option D: Rs.9162

Correct Answer: Rs.9261 ✔


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30

What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?

Option A: Rs.8000

Option B: Rs.8400

Option C: Rs.7500

Option D: None

Correct Answer: Rs.8000 ✔


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31

The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?

Option A: Rs.3000

Option B: Rs.3300

Option C: Rs.3600

Option D: Rs.3900

Correct Answer: Rs.3600 ✔


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32

Find the sum The difference between the compound and S.I. on a certain sum of money for 2 years at 10% per annum is Rs.15of money?

Option A: 1500

Option B: 1800

Option C: 2100

Option D: 1950

Correct Answer: 1500 ✔


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33

A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.

Option A: Rs.4000

Option B: Rs.1000

Option C: Rs.1250

Option D: Rs.2000

Correct Answer: Rs.2000 ✔


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34

The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?

Option A: Rs.12000

Option B: Rs.14200

Option C: Rs.17520

Option D: Rs.13500

Correct Answer: Rs.13500 ✔


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35

The difference between simple interest and C.I. at the same rate for Rs.5000 for 2 years in Rs.72. The rate of interest is?

Option A: 10%

Option B: 12%

Option C: 6%

Option D: 8%

Correct Answer: 12% ✔


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36

Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?

Option A: 6 years

Option B: 1 year

Option C: 2 years

Option D: 4 years

Correct Answer: 4 years ✔


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37

A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?

Option A: Rs.25600.24

Option B: Rs.32000.50

Option C: Rs.18060.36

Option D: Rs.18600

Correct Answer: Rs.25600.24 ✔


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38

Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?

Option A: Rs.420

Option B: Rs.400

Option C: Rs.375

Option D: Rs.380

Correct Answer: Rs.400 ✔


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39

A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?

Option A: 15%

Option B: 10%

Option C: 7 1/2 %

Option D: 8%

Correct Answer: 10% ✔


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40

What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?

Option A: 1875/2029

Option B: 1/2.5

Option C: 1903/2156

Option D: 4/9

Correct Answer: 1875/2029 ✔


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41

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?

Option A: 8

Option B: 10

Option C: 12

Option D: Cannot be determined

Correct Answer: 8 ✔


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42

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:________?

Option A: Rs. 2.50

Option B: Rs. 3

Option C: Rs. 3.75

Option D: Rs. 4

Correct Answer: Rs. 3 ✔


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43

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?

Option A: Rs. 51.25

Option B: Rs. 52

Option C: Rs. 54.25

Option D: Rs. 60

Correct Answer: Rs. 51.25 ✔


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44

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:_______?

Option A: Rs. 1550

Option B: Rs. 1650

Option C: Rs. 1750

Option D: Rs. 2000

Correct Answer: Rs. 1750 ✔


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45

The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:__________?

Option A: 6%

Option B: 8%

Option C: 10%

Option D: 12%

Correct Answer: 12% ✔


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46

At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?

Option A: 5%

Option B: 6%

Option C: 10%

Option D: 15%

Correct Answer: 10% ✔


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47

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:_______?

Option A: Rs 6.06%

Option B: Rs 6.07%

Option C: Rs 6.08%

Option D: Rs 6.09%

Correct Answer: Rs 6.09% ✔


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48

The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?

Option A: Rs 6500

Option B: Rs 6565

Option C: Rs 65065

Option D: Rs 65650

Correct Answer: Rs 6500 ✔


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49

A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?

Option A: Rs 230

Option B: Rs 232

Option C: Rs 600

Option D: Rs 832

Correct Answer: Rs 232 ✔


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50

A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?

Option A: Rs 4500

Option B: Rs 5000

Option C: Rs 5500

Option D: Rs 6000

Correct Answer: Rs 5000 ✔


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51

If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?

Option A: Rs 1575.20

Option B: Rs 1600

Option C: Rs 1625.80

Option D: Rs 2000

Correct Answer: Rs 1575.20 ✔


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52

A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest?

Option A: 7 years

Option B: 10 years

Option C: 15 years

Option D: 20 years

Correct Answer: 15 years ✔


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53

The difference between compound interest and simple interest on a sum for 2 years at 8% P.a is Rs 786. The sum is:_________?

Option A: Rs 100000

Option B: Rs 11000

Option C: Rs 120000

Option D: Rs 170000

Correct Answer: Rs 120000 ✔


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54

If the interest is payable annually than the principal on which the compound interest for 3 years at 10% P.a is Rs 33/- is given by:__________?

Option A: Rs 900

Option B: Rs 1000

Option C: Rs 1050

Option D: Rs 1100

Correct Answer: Rs 1000 ✔


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55

The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:__________?

Option A: Rs 2518

Option B: Rs 2520

Option C: Rs 2522

Option D: Rs 2524

Correct Answer: Rs 2522 ✔


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56

How much would a sum of Rs 16000 approximately amount to in 2 years at 10% P.a compounded half-yearly?

Option A: Rs 17423

Option B: Rs 18973

Option C: Rs 19448

Option D: Rs 19880

Correct Answer: Rs 19448 ✔


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57

What will be the compound interest on Rs 25000 after 3 years at 12% Per annum?

Option A: Rs 9000.30

Option B: Rs 9720

Option C: Rs 10123.20

Option D: Rs 10483.20

Correct Answer: None of these ✔


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58

A deposited Rs 6000 in a bank at 5% Per annum simple interest. B deposited Rs 5000 at 8% P.a Compound interest. After 2 years the difference between their interest will be:_________?

Option A: Rs 230

Option B: Rs 232

Option C: Rs 600

Option D: Rs 832

Correct Answer: Rs 232 ✔


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59

The difference between compound interest and simple interest on Rs 8000 at 5% P.a for 3 years is_________?

Option A: Rs 50

Option B: Rs 60

Option C: Rs 61

Option D: Rs 600

Correct Answer: Rs 61 ✔


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60

The difference between the simple interest and the compound interest on Rs 5000 at 10% P.a for 3 years is:_______?

Option A: Rs 145

Option B: Rs 150

Option C: Rs 165

Option D: Rs 180

Correct Answer: None of these ✔


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61

A sum of money becomes Rs.6690 after three years and Rs.10.035 after six years on compound interest. The sum is________?

Option A: Rs.4400

Option B: Rs.4445

Option C: Rs.4460

Option D: Rs.4520

Correct Answer: Rs.4460 ✔


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62

A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is_________?

Option A: Rs.1500

Option B: Rs.2000

Option C: Rs.2500

Option D: Rs.3000

Correct Answer: Rs.2500 ✔


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63

A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is_________?

Option A: 5 %

Option B: 10 %

Option C: 15 %

Option D: 20 %

Correct Answer: 10 % ✔


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64

The difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is?

Option A: 10 %

Option B: 12 %

Option C: 6 %

Option D: 8 %

Correct Answer: 12 % ✔


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65

The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?

Option A: Rs.350

Option B: Rs.375

Option C: Rs. 380

Option D: Rs. 400

Correct Answer: Rs. 400 ✔


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66

The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?

Option A: Rs.600

Option B: Rs.500

Option C: Rs.400

Option D: Rs.300

Correct Answer: Rs.600 ✔


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67

What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?

Option A: Rs. 1000

Option B: Rs. 1200

Option C: Rs. 1320

Option D: None of these

Correct Answer: Rs. 1200 ✔


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68

Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in________?

Option A: 1 Year

Option B: 2 years

Option C: 3 Years

Option D: 4 Years

Correct Answer: 2 years ✔


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69

Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is_________?

Option A: Rs. 81.60

Option B: Rs. 160

Option C: Rs. 1081.60

Option D: None of these

Correct Answer: Rs. 81.60 ✔


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70

If Rs. 7500 are borrowed at C. I at the rate of 4 % per annum then after 2 years, the amount to be paid is_______?

Option A: Rs. 8082

Option B: Rs. 7800

Option C: Rs. 8100

Option D: Rs. 8112

Correct Answer: Rs. 8112 ✔


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71

The difference between C.I. and S.I. on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

Option A: 8

Option B: 10

Option C: 12

Option D: Cannot be determined

Correct Answer: 8 ✔


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72

A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was?

Option A: Rs. 1620

Option B: Rs. 1640

Option C: Rs. 1680

Option D: Rs. 1700

Correct Answer: Rs. 1640 ✔


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73

What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?

Option A: Rs. 550

Option B: Rs. 551.25

Option C: Rs. 560

Option D: Rs. 560.75

Correct Answer: Rs. 551.25 ✔


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74

The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is_________?

Option A: 3

Option B: 4

Option C: 5

Option D: 6

Correct Answer: 4 ✔


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75

A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in?

Option A: 7 years

Option B: 10 years

Option C: 15 years

Option D: 20 years

Correct Answer: 15 years ✔


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76

A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______?

Option A: 2 1/2 %

Option B: 4%

Option C: 5%

Option D: 6 2/3 %

Correct Answer: 5% ✔


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77

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is________?

Option A: 6.06%

Option B: 6.07%

Option C: 6.08%

Option D: 6.09%

Correct Answer: 6.09% ✔


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78

On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?

Option A: 10%

Option B: 10.5%

Option C: 12%

Option D: None of these

Correct Answer: None of these ✔


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79

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs. ) is_________?

Option A: 625

Option B: 630

Option C: 640

Option D: 650

Correct Answer: 625 ✔


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80

There is 60% increase in an amount in 6 years at S.I. What will be the C.I. of Rs. 12,000 after 3 years at the same rate?

Option A: Rs. 2160

Option B: Rs. 3120

Option C: Rs. 3972

Option D: Rs. 6240

Correct Answer: Rs. 3972 ✔


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81

The S.I. on a certain sum of money for 3 years at 8% per annum is half the C.I. on Rs. 4000 for 2 years at 10% per annum. The sum placed on S.I. is________?

Option A: Rs. 1550

Option B: Rs. 1650

Option C: Rs. 1750

Option D: Rs. 2000

Correct Answer: Rs. 1750 ✔


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82

The C.I. on a certain sum for 2 years at 10% per annum is Rs. 525. The S.I. on the same sum for double the time at half the rate percent per annum is________?

Option A: Rs. 400

Option B: Rs. 500

Option C: Rs. 600

Option D: Rs. 800

Correct Answer: Rs. 500 ✔


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83

If the C.I. on a sum for 2 years at 12 1/2 % per annum is Rs. 510, the S.I. on the same sum at the same rate for the same period of time is________?

Option A: Rs. 400

Option B: Rs. 450

Option C: Rs. 460

Option D: Rs. 480

Correct Answer: Rs. 480 ✔


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84

The principal that amounts to Rs. 4913 in 3 years at 6 1/4 % per annum C.I. compounded annually, is_________??

Option A: Rs. 3096

Option B: Rs. 4076

Option C: Rs. 4085

Option D: Rs. 4096

Correct Answer: Rs. 4096 ✔


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85

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period(in years) is_________?

Option A: 2

Option B: 2 1/2

Option C: 3

Option D: 4

Correct Answer: 2 ✔


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86

The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is________?

Option A: Rs. 2.50

Option B: Rs. 3

Option C: Rs. 3.75

Option D: Rs. 4

Correct Answer: Rs. 3 ✔


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87

What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?

Option A: Rs. 31

Option B: Rs. 32.10

Option C: Rs. 40.40

Option D: Rs. 64.10

Correct Answer: Rs. 64.10 ✔


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88

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 sum at the rate and for the same time?

Option A: Rs. 51.25

Option B: Rs. 52

Option C: Rs. 54.25

Option D: Rs. 60

Correct Answer: Rs. 51.25 ✔


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89

Find the Compound Interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly?

Option A: Rs. 1851

Option B: Rs. 1941

Option C: Rs. 1951

Option D: Rs. 1961

Correct Answer: Rs. 1951 ✔


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90

What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

Option A: Rs. 2.04

Option B: Rs. 3.06

Option C: Rs. 4.80

Option D: Rs. 8.30

Correct Answer: Rs. 2.04 ✔


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91

A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?

Option A: 16

Option B: 8

Option C: 12

Option D: 20

Correct Answer: 12 ✔


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92

The sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?

Option A: 18

Option B: 12

Option C: 9

Option D: 6

Correct Answer: 6 ✔


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93

The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?

Option A: 4%

Option B: 5%

Option C: 6%

Option D: 8%

Correct Answer: 5% ✔


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94

Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?

Option A: Rs.81.60

Option B: Rs.160

Option C: Rs.1081.60

Option D: Rs.99

Correct Answer: Rs.81.60 ✔


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95

Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?

Option A: Rs.17684

Option B: Rs.1684

Option C: Rs.2522

Option D: Rs.3408

Correct Answer: Rs.2522 ✔


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96

At the end of three years what will be the compound interest at the rate of 10% p.a. on an amount of Rs.20000?

Option A: Rs.6620

Option B: Rs.6500

Option C: Rs.6800

Option D: Rs.6400

Correct Answer: Rs.6620 ✔


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97

Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?

Option A: 4 years

Option B: 6 years

Option C: 2 years

Option D: 3 years

Correct Answer: 3 years ✔


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98

Find out the C.I on Rs.5000 at 4% p.a. compound half-yearly for 1 1/2 years.

Option A: Rs.420.20

Option B: Rs.319.06

Option C: Rs.306.04

Option D: Rs.294.75

Correct Answer: Rs.306.04 ✔


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99

If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______?

Option A: Rs.8082

Option B: Rs.7800

Option C: Rs.8100

Option D: Rs.8112

Correct Answer: Rs.8112 ✔


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100

Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

Option A: Rs.1261

Option B: Rs.1440

Option C: Rs.1185

Option D: Rs.1346

Correct Answer: Rs.1261 ✔


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