Discrete Mathematics MCQs With Answers Quiz Test

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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?

  1. Rs.420
  2. Rs.400
  3. Rs.375
  4. Rs.380

B

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?

  1. 15%
  2. 10%
  3. 7 1/2 %
  4. 8%

B

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?

  1. 1875/2029
  2. 1/2.5
  3. 1903/2156
  4. 4/9

A

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?

  1. 8
  2. 10
  3. 12
  4. Cannot be determined

A

Q.5: The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:——–?

  1. Rs. 2.50
  2. Rs. 3
  3. Rs. 3.75
  4. Rs. 4

B

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?

  1. Rs. 51.25
  2. Rs. 52
  3. Rs. 54.25
  4. Rs. 60

A

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:——-?

  1. Rs. 1550
  2. Rs. 1650
  3. Rs. 1750
  4. Rs. 2000

C

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:———–?

  1. 6%
  2. 8%
  3. 10%
  4. 12%

D

Q.9: At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?

  1. 5%
  2. 6%
  3. 10%
  4. 15%

C

Q.10: The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:——-?

  1. Rs 6.06%
  2. Rs 6.07%
  3. Rs 6.08%
  4. Rs 6.09%

D