Math MCQs Quiz 2

Math MCQs Quiz 2

1 / 20

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum ?

2 / 20

An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?

3 / 20

The simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year is_________?

4 / 20

A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is:________?

5 / 20

How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

6 / 20

If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?

7 / 20

What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?

8 / 20

If there is a total of 104 weekly instalments and a third deposit, find the interest charged

9 / 20

A sum of money becomes 7⁄5 of itself in 4 years at a certain rate of simple interest. The rate per annum is :

10 / 20

A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?

11 / 20

A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:

12 / 20

A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum.

13 / 20

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :________?

14 / 20

What is the rate of interest at which Rs.150 becomes Rs. 220 in 10 years.

15 / 20

How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest?

16 / 20

You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate

17 / 20

A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is:

18 / 20

Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much ?

19 / 20

A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:

20 / 20

The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:_________?

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Elementary Math Quiz

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