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Mathematics Solved MCQs Online Quiz Test
Q.1: 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?
Q.2: 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?
Q.3: Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?
Q.4: What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?
Q.5: The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?
Q.6: 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.
Q.7: 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?
Q.8: 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?
Q.9: 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?
- 6 years
- 1 year
- 2 years
- 4 years
Q.10: 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?