Simple and Compound Interest MCQs

Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?

A. Rs.460
B. Rs.5640
C. Rs.5460
D. Rs.5604

What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?

A. Rs.9630
B. Rs.9680
C. Rs.9610
D. Rs.9650
E. None of these

Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)

A. Rs.4273
B. Rs.4613
C. Rs.4064
D. Rs.4266
E. None of these

Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?

A. 8% p.a.
B. 6% p.a.
C. 4% p.a.
D. 5% p.a.
E. None of these

Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest?

A. 18% p.a.
B. 22% p.a.
C. 20% p.a.
D. 24% p.a.
E. None of these.

A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.

A. Rs.2520
B. Rs.3120
C. Rs.3320
D. Rs.2760
E. None of these

A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.

A. Rs.500
B. Rs.250
C. Rs.5012.50
D. Rs.5062.50
E. None of these.

The simple interest accrued on an amount of Rs.49500 at he end of three is Rs.17820. What would be the compound interest accured on the same amount at teh same rate in the same period? (Round off your answer to two decimal places)

A. Rs.20043.94
B. Rs.18654.81
C. Rs.20264.46
D. Rs.19612.41
E. None of these

The compound interest accrued on an amount of Rs.44000 at the end of two years is Rs.1193.60. What would be the simple interest accrued on the same amount at the same rate in the same period?

A. Rs.10,840
B. Rs.10,720
C. Rs.10,560
D. Rs.10,280
E. None of these.

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