Simple and Compound Interest MCQs

If Rs. 7500 are borrowed at C. I at the rate of 4 % per annum then after 2 years, the amount to be paid is _____?

A. Rs. 8082
B. Rs. 7800
C. Rs. 8100
D. Rs. 8112

Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is ______?

A.  Rs. 81.60
B.  Rs. 160
C. Rs. 1081.60
D. None of these

Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in _____?

A. 1 Year
B. 2 years
C. 3 Years
D. 4 Years

What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?

A. Rs. 1000
B. Rs. 1200
C. Rs. 1320

The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is _____?

A. Rs.600
B. Rs.500
C. Rs.400
D. Rs.300

The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be ______?

A. Rs.350
B. Rs.375
C. Rs. 380
D. Rs. 400

The difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is?

A. 10 %
B. 12 %
C. 6 %
D. 8 %

A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is ______?

A. 5 %
B. 10 %
C. 15 %
D. 20 %

A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is ________?

A. Rs.1500
B. Rs.2000
C. Rs.2500
D. Rs.3000

A sum of money becomes Rs.6690 after three years and Rs.10.035 after six years on compound interest. The sum is _______?

A.  Rs.4400
B.  Rs.4445
C. Rs.4460
D. Rs.4520

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