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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?
- Rs.635.50
- Rs.613.50
- Rs.675.50
- Rs.653.50
A
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?
- Rs.81000
- Rs.80000
- Rs.75000
- Rs.64000
A
Q.3: Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?
- Rs.1261
- Rs.9261
- Rs.9621
- Rs.9162
B
Q.4: What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?
- Rs.8000
- Rs.8400
- Rs.7500
- None
A
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?
- Rs.3000
- Rs.3300
- Rs.3600
- Rs.3900
C
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.
- Rs.4000
- Rs.1000
- Rs.1250
- Rs.2000
D
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?
- Rs.12000
- Rs.14200
- Rs.17520
- Rs.13500
D
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?
- 10%
- 12%
- 6%
- 8%
B
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
D
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?
- Rs.25600.24
- Rs.32000.50
- Rs.18060.36
- Rs.18600
A