MCQGeeks
0 : 0 : 1
CBSE
JEE
NTSE
NEET
English
UK Quiz
Quiz
Driving Test
Practice
Games
Quiz
Arithmetic Ability
Interest
Quiz 2
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Q.1
The principal which gives Rs 1 interest per day at a rate of 5% simple interest per annum is = ?
Rs. 5000
Rs. 35500
Rs. 7300
Rs. 3650
Q.2
Arvind deposited a sum of money with a bank on 1
st
january, 2012 at 8% simple interest per annum. He received an amount 3144 on 7
th
August, 2012. The money he deposited with the bank was = ?
Rs. 3080
Rs. 2500
Rs. 3000
Rs. 3100
Q.3
If the ratio of principal and the simple interest of 5 years is 10 : 3, then the rate of interest is = ?
6%
8%
3%
5%
Q.4
Mr. Dutta desired to deposit his retirement benefit of Rs. 3 lacs partly to a post office and partly to a bank at 10% and 6% simple interests respectively. If his monthly income was Rs. 2000, then the difference of his deposits in the post office and in the bank was = ?
Rs. 100000
Rs. 40000
Rs. 50000
Rs. Nil
Q.5
A man invested Rs. 5000 at some rate of simple interest and Rs. 4000 at 1 percent higher rate of interest. If the interest in both the cases after 4 years is same, the rate of interest in the former case is
4% p.a.
5% p.a.
$$6\frac{1}{4}$$ % p.a.
$$8\frac{1}{3}$$ % p.a.
Q.6
Rahul borrowed a sum of Rs. 1150 from Amit at the simple interest rate of 6 p.c.p.a. for 3 Years. He then added some more money to the borrowed sum and lent it to Sachin for the same time at 9 p.c.p.a simple interest. If Rahul gains Rs. 274.95 by way of interest on borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Sachin ?
Rs. 1200
Rs. 1285
Rs. 1690
Rs. 1785
None of these
Q.7
A certain scheme of investment in simple interest declares that it triples the investment in 8 years. If you want to quadruple the money through that scheme for how many years you have to invest for = ?
11 years 6 months
10 years 8 months
10 years
12 years
Q.8
The amount Rs. 2100 become Rs. 2352 in 2 years at simple interest. If the interest rate is decreased by 1% , what is the new interest ?
Rs. 210
Rs. 220
Rs. 242
Rs. 252
Q.9
Ram deposited a certain sum of money in a company at 12% per annum simple interest for 4 years and deposited equal amounts in fixed deposit in a bank for 5 years at 15% per annum simple interest. If the difference in the interest from two sources is Rs. 1350 then the sum deposited in each case is = ?
Rs. 3000
Rs. 4000
Rs. 6500
Rs. 5000
Q.10
A some of money lent out at simple interest amount to Rs. 720 after 2 years and Rs. 1020 after a further period of 5 years. Find the principal ?
Rs. 6000
Rs. 600
Rs. 1740
Rs. 120
Q.11
If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have = ?
x
2
= xy
xyz = 1
x
2
= yz
y
2
= zx
Q.12
Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, the money borrowed by him (in Rupees) was?
Rs. 12000
Rs. 6000
Rs. 8000
Rs. 10000
Q.13
A person invests Rs. 12000 as fixed deposit at a bank at the rate of 10% per annum simple interest. But due to some pressing needs he has to withdraw the entire money after three years, for which the bank allowed him a lower rate of interest. If he gets Rs. 3320 less than what he would have got at the end of 5 years, the rate of interest allowed by the bank is = ?
$${\text{7}}\frac{5}{9}$$ %
$${\text{7}}\frac{4}{9}$$ %
$${\text{7}}\frac{8}{9}$$ %
$${\text{8}}\frac{7}{9}$$ %
Q.14
What equal installment of annual payment will discharge a debt which is due as Rs. 848 at the end of 4 years at 4% per annum simple interest ?
Rs. 212
Rs. 200
Rs. 250
Rs. 225
Q.15
A sum of money at a certain rate per annum of simple interest doubles in the 5 years and at a different rate becomes three times in 12 years. The lower rate of interest per annum is = ?
15%
20%
$${\text{15}}\frac{3}{4}$$ %
$$16\frac{2}{3}$$ %
Q.16
Simple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is = ?
4 years
5 years
$$6\frac{1}{4}$$ years
$$8\frac{2}{3}$$ years
Q.17
With a given rate of simple interest, the ratio of principal and amount for a certain period of time is 4 : 5. After 3 years with the same rate of interest, the ratio of the principal and amount becomes 5 : 7. The rate of interest is = ?
4%
6%
5%
7%
Q.18
The simple interest at x% for x years will be Rs. x on a sum of:
Rs. x
Rs. $$\frac{{100}}{x}$$
Rs. 100x
Rs. $$\frac{{100}}{{{x^2}}}$$
Q.19
Rs. 6200 amounts to Rs. 9176 in 4 years at simple interest. If the interest rate is increased by 3% it would amount to how much?
Rs. 8432
Rs. 9820
Rs. 9920
Rs. 10920
Q.20
Veena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. what is the amount invested by veena?
Rs. 16660
Rs. 17180
Rs. 17450
Rs. 18110
None of these
Q.21
At which sum the simple interest at the rate of $$3\frac{3}{4}$$ % per annum will be Rs. 210 in $$2\frac{1}{3}$$ years?
Rs. 1580
Rs. 2400
Rs. 2800
None of these
Q.22
A person invested some account at the rate of 12% simple interest and a certain amount at rate of 10% simple interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts invested,he would have received Rs. 4 more as interest. How much did he invest at 12% simple interest ?
Rs. 400
Rs. 500
Rs. 700
Rs. 800
Q.23
A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest rate. If the rate is increased by 3% p.a. What will be the sum amount to in the same period ?
Rs. 992
Rs. 962
Rs. 942
Rs. 982
Q.24
Simple interest on a certain amount is $$\frac{9}{{16}}$$ of the principal. If the numbers representing the rate of interest in percent and time in years be equal, then time, for which the principal is lent out, is -
$$5\frac{1}{2}$$ years
$$6\frac{1}{2}$$ years
7 years
$$7\frac{1}{2}$$ years
Q.25
A person deposits Rs. 500 in 4 years and Rs. 600 for 3 years at the same rate of simple interest in a bank. Altogether he received Rs. 190 as interest. The rate of simple interest per annum was = ?
4%
5%
2%
3%
Q.26
If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after
10 years
20 years
22 years
30 years
Q.27
A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is = ?
6 : 3 : 2
2 : 3 : 4
3 : 4 : 6
3 : 4 : 2
Q.28
If Rs. 12000 is divided into two parts such that the simple interest on the first part for 3 years at 12% per annum is equal to the simple interest on the second part for $$4\frac{1}{2}$$ years at 16% per annum, the greater part is = ?
Rs. 8000
Rs. 6000
Rs. 7000
Rs. 7500
Q.29
An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes
10%
10.25%
10.5%
None of these
Q.30
If x, y, z are three sums of money such that y is the simple interest on x, z is the simple interest on y for the same time and at the same rate of interest, then we have.
x
2
= yz
y
2
= xz
z
2
= xy
xyz = 1
0 h : 0 m : 1 s
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Report Question
×
What's an issue?
Question is wrong
Answer is wrong
Other Reason
Want to elaborate a bit more? (optional)
Support mcqgeeks.com by disabling your adblocker.
×
Please disable the adBlock and continue.
Thank you.
Reload page