Simple and Compound Interest Questions for Mphasis

June 23, 2019

Question 1

Time: 00:00:00
Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?

4 years

4 years

6 years

6 years

2 years

2 years

3 years

3 years

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Question 2

Time: 00:00:00
A sum of money place at compound interest doubles itself in 4 years.

In how many years will it amount to eight times itself?

16

16

8

8

12

12

20

20

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n2 = (n1)^t2/t1 8 = (2)^t2/4 2^3 = (2)^t2/4 3 = t2/4 t2 = 4*3 t2 = 12

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Question 3

Time: 00:00:00
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.25600.24

Rs.32000.50

Rs.32000.50

Rs.18060.36

Rs.18060.36

Rs.18600

Rs.18600

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Question 4

Time: 00:00:00
A certain sum of money amounts to Rs.1300 in 2 years and to

Rs. 1525 in 3.5 years. Find the sum and the rate of interest.

Rs850, 10%

Rs850, 10%

Rs900, 12%

Rs900, 12%

Rs800, 13%

Rs800, 13%

Rs1000,15%

Rs1000,15%

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Question 5

Time: 00:00:00
The ratio of the amount for two years under compound interest

annually and for one year under simple interest is 6:5.

When the rate of interest is same,

then the value of rate of interest is:

20%

20%

15%

15%

18%

18%

22%

22%

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Question 6

Time: 00:00:00
If the simple interest on a certain sum of money is 4/25 of the sum

and the rate percent equals the number years,

then the rate of interest per annum is:

4%

4%

5%

5%

8%

8%

10%

10%

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Question 7

Time: 00:00:00
Find the compound interest on Rs. 20,000 in 2 years at 4 % per annum,

the interest being compounded half-yearly.

Rs 1648.64

Rs 1648.64

Rs. 1596.32

Rs. 1596.32

Rs. 14826.56

Rs. 14826.56

Rs. 11563.99

Rs. 11563.99

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Question 8

Time: 00:00:00
A certain sum amounts to Rs. 7000 in 2 years and to Rs. 8000 in 3 years.

Find the sum.

Rs. 6959.37

Rs. 6959.37

Rs. 6459.37

Rs. 6459.37

Rs. 5359.37

Rs. 5359.37

Rs. 5759.37

Rs. 5759.37

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Question 9

Time: 00:00:00
Rs.5887 is divided between Shyam and Ram, such that Shyam's share

at the end of 9 years is equal to Ram's share at the end of 11

years, compounded annually at the rate of 5%. Find the share of Shyam

2088

2088

2000

2000

3087

3087

None of these

None of these

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Question 10

Time: 00:00:00
Vijay invested Rs.50,000 partly at 10% and partly at 15%.

His total income after a year was Rs.7000.

How much did he invest at the rate of 10%?

Rs.40,000

Rs.40,000

Rs.40,000

Rs.40,000

Rs.12,000

Rs.12,000

Rs.20,000

Rs.20,000

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["0","40","60","80","100"]
["Need more practice! \r\n \r\n","Keep trying! \r\n \r\n","Not bad! \r\n \r\n","Good work! \r\n \r\n","Perfect! \r\n \r\n"]
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