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MCQ Questions for CBSE Class 12 with Answers
MCQ Questions for CBSE Class 11 with Answers
MCQ Questions for CBSE Class 10 with Answers
MCQ Questions for CBSE Class 9 with Answers
MCQ Questions for CBSE Class 8 with Answers
MCQ Questions for CBSE Class 7 with Answers
MCQ Questions for CBSE Class 6 with Answers
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MCQ Questions for CBSE Class 4 with Answers
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MCQ Questions for CBSE Class 1 with Answers
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Interest Defence MCQ Questions With Answers
1.
Mohit borrowed Rs.5000 for 2 years. What will be the compound interest if the rate of interest for first year is 2% per annum, and last year is 5% per annum respectively?
355
266
388
299
2.
M lent out Rs.1200 and Rs.1500 on simple interest at equal rate of interest for 3 years and 5 years respectively. Find the rate of interest if total amount he get after time periods is Rs.3810.
20%
10%
15%
5%
3.
In how many years shall Rs. 2,400 invested at the rate of 12.5% simple interest per annum, amounts to Rs. 3,900?
3.5 years
6 years
5 years
5.5 years
4.
Find the rate of interest, if a certain amount becomes 25 times in 20 years at simple interest.
120%
20%
10%
50%
5.
If sum amount to Rs.1331 in 3 years, at rate of interest 10% compounded annually. Then, find the Principal.
Rs. 1000
Rs. 999
Rs. 800
Rs. 1200
6.
In how may years shall Rs. 5000 invested at the rate of 10% compound interest per annum, amount to Rs. 6,655 ?
2 years
2.5 years
3 years
4 years
7.
A sum of money doubles itself at compound interest in 15 years. It will become 8 times in:
30 years
40 years
45 years
60 years
8.
If a sum become four times in 15 years, then what will be the rate of simple interest per annum?
21%
19%
25%
None of the above
9.
How much interest will Rs. 10,000 earn in 9 months at an annual rate of 8%
Rs. 450
Rs. 475
Rs. 500
Rs. 600
10.
The difference between compound interest and simple interest on Rs. 8100 for 2 years at 20% per annum is?
Rs. 344
Rs. 360
Rs. 324
Rs. 288
11.
The amount of Rs. 5000 compounded annually with the rate of interest being 5% during the first year and 12% per annum during the second year. What would be interest for 2 years?
Rs. 1040
Rs. 900
Rs. 880
Rs. 850
12.
A certain sum of money amounts to Rs. 1250 in 3 years and Rs. 1600 in 8 years at simple interest. Find the sum.
1100
1040
1050
1024
13.
If the compound interest on a certain sum of money compounded annually for 2 years is Rs. 295 and for 3 years is Rs. 354, find the rate of interest.
10%
20%
25%
35%
14.
A man borrows a sum of Rs. 7,000 which amounts to Rs. 9,800 in 4 years. What will it amount to if the rate of interest is 3% more than the initial rate?
Rs. 10,770
Rs. 10,640
Rs. 10,680
Rs. 12,640
15.
Find the total compound interest when a sum of Rs. 2000 compounded annually and half-yearly at a rate of interest of 10% for a year.
Rs. 300
Rs. 400
Rs. 380
Rs. 405
16.
At what rate the sum of Rs. 1000 will become Rs. 1200 in 2 year in simple interest?
10%
20%
5%
12%
17.
The simple interest on a certain sum at the rate of 2% per annum in 20 years is Rs.80 more than the simple interest on same sum at 4% per annum after 9 years. Find the sum
Rs.1000
Rs.2000
Rs.1500
Rs.400
18.
A sum of money gave interest of Rs.450 at simple interest in 3 years. Find the simple interest when same sum of money invested for 5 years.
Rs.750
Rs.900
Rs.600
Rs.850
19.
Find the simple interest on Rs. 2000 for 2 years at the rate of 5% per annum.
Rs. 200
Rs. 100
Rs. 500
Rs. 400
20.
The compound interest of certain sum of money for 2 years at 5% per annum is Rs. 205. Find simple interest on the same time and same rate of interest .
Rs. 200
Rs. 180
Rs. 195
Rs. 160
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