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Mathematics Solved MCQs Online Quiz Test
Q.1: 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)
- Rs.4273
- Rs.4613
- Rs.4064
- Rs.4266
- None of these
D
Q.2: 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.
- Rs.18,828.80
- Rs.19,828.80
- Rs.18,028.80
- Rs.17,828.80
- None of these
B
Q.3: What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?
- Rs.9630
- Rs.9680
- Rs.9610
- Rs.9650
- None of these
E
Q.4: Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?
- Rs.460
- Rs.5640
- Rs.5460
- Rs.5604
C
Q.5: 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———?
- 10
- 11
- 10.25
- 10.15
C
Q.6: 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?
- Rs.150
- Rs.140
- Rs.130
- Data insufficient for the answer
D
Q.7: 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.
- Rs.2205
- Rs.2200
- Rs.2160
- Rs.2040
A
Q.8: 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?
- Rs.482
- Rs.424
- Rs.842
- Rs.512
A
Q.9: 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?
- 8500
- 8000
- 8100
- 8400
B
Q.10: 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?
- Rs.10
- Rs.2
- Rs.5
- Rs.3
B