Simple and Compound Interest MCQs

What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?

A. 1875/2029
B. 1/2.5
C. 1903/2156
D. 4/9

A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?

A. 15%
B. 10%
C. 7 1/2 %
D. 8%

Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?

A. Rs.420
B. Rs.400
C. Rs.375
D. Rs.380

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?

A. Rs.25600.24
B. Rs.32000.50
C. Rs.18060.36
D. Rs.18600

Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?

A. 6 years
B. 1 year
C. 2 years
D. 4 years

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

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

The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?

A. Rs.12000
B. Rs.14200
C. Rs.17520
D. Rs.13500

A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.

A. Rs.4000
B. Rs.1000
C. Rs.1250
D. Rs.2000

Find the sum The difference between the compound and S.I. on a certain sum of money for 2 years at 10% per annum is Rs.15of money?

A. 1500
B. 1800
C. 2100
D. 1950

The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?

A. Rs.3000
B. Rs.3300
C. Rs.3600
D. Rs.3900

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