Simple and Compound Interest Quiz-1

Question 1

Time: 00:00:00
The SI on a sum of money is 25%of the principal, and the rate per annum is equal to the number of years. Find the rate percent.

2%

2%

5%

5%

6%

6%

4%

4%

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 2

Time: 00:00:00
A certain sum of money amounts to rs 704 in 2 years and rs 800 in 5 years .what was the principal.

614 rs

614 rs

800 rs

800 rs

620 rs

620 rs

640 rs

640 rs

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 3

Time: 00:00:00
A certain sum of money trebles itself in 8 years in how many years it will become 5 times of itself ?

20 years

20 years

15 years

15 years

16 years

16 years

26 years

26 years

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 4

Time: 00:00:00
Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years

1380 rs

1380 rs

1500 rs

1500 rs

1258 rs

1258 rs

1658 rs

1658 rs

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 5

Time: 00:00:00
Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs 1200 is Rs  1440

10%

10%

20%

20%

30%

30%

18%

18%

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 6

Time: 00:00:00
In what time will Rs 3300  become Rs 3399 at 6% per annum interest compounded half-yearly ?

1 year

1 year

9 months

9 months

3 months

3 months

6 months

6 months

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 7

Time: 00:00:00
A sum was invested at simple interest at a certain interest for 2 years. It would have fetched Rs. 60 more had it been invested at 2% higher rate. What was the sum?

Rs. 3000

Rs. 3000

Rs 1500

Rs 1500

Rs. 6000

Rs. 6000

Rs.5750

Rs.5750

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 8

Time: 00:00:00
In what amount of time will rs 3000 will give interest 150 rs at 5% per annum

2 year

2 year

5 year

5 year

1 year

1 year

None of these

None of these

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 9

Time: 00:00:00
calculate the simple interest for rs 6400 at 5% per annum for 3 years compounded quarterly.

rs 120

rs 120

rs 300

rs 300

rs 240

rs 240

rs 450

rs 450

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

Question 10

Time: 00:00:00
Find the compound interest on Rs. 10,000 in 4 years at 8 % per annum, the interest being compounded annually.

Rs 8106.39

Rs 8106.39

Rs. 1596.32

Rs. 1596.32

Rs. 14826.56

Rs. 14826.56

Rs. 11563.99

Rs. 11563.99

Once you attempt the question then PrepInsta explanation will be displayed.

Please login to submit your explanation

Start

["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"]

Personalized Analytics only Availble for Logged in users

Analytics below shows your performance in various Mocks on PrepInsta

Your average Analytics for this Quiz

Rank

-

Percentile

0%

Completed

0/0

Accuracy

0%

Prime

Prime Video

Complete Video Course for Wipro NLTH

(for Wipro NLTH)
Get Prime Video

Prime

Prime Mock

Topic Wise & Full Mocks and much more.

(for Wipro NLTH)
Get Prime Mock