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Mathematics Solved MCQs Online Quiz Test
Q.1: Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?
Q.2: 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?
- 7 1/2 %
Q.3: 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?
Q.4: 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?
- Cannot be determined
Q.5: The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:——–?
- Rs. 2.50
- Rs. 3
- Rs. 3.75
- Rs. 4
Q.6: 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?
- Rs. 51.25
- Rs. 52
- Rs. 54.25
- Rs. 60
Q.7: 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:——-?
- Rs. 1550
- Rs. 1650
- Rs. 1750
- Rs. 2000
Q.8: 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:———–?
Q.9: At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?
Q.10: The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:——-?
- Rs 6.06%
- Rs 6.07%
- Rs 6.08%
- Rs 6.09%