Simple & Compound Interest quiz

1. Question 1 of 10

   Nutan invest Rs. 22400 on S.I. at rate 12 p.c.p.a. How much amount she will get after seven year.

   • AOption A: 41,116
   • BOption B: 41,216
   • COption C: 42,116
   • DOption D: 42, 216
   • EOption E: None of these
2. Question 2 of 10

   The difference between the compound and simple interest on a sum of money for 2 years at 6 1/4 % per annum is Rs. 10. The sum is

   • AOption A: Rs. 2000
   • BOption B: Rs. 2200
   • COption C: Rs. 2560
   • DOption D: Rs. 2600
   • EOption E: None of these
3. Question 3 of 10

   Ayush invested Rs.75000 in a scheme offering R% p.a. SI for 5 years and Rs.50000 in another scheme offering 12%p.a. CI compounding annually for 2 years. If difference in 2nd year CI and 2nd year SI is Rs.2220, then find value of R%.

   • AOption A: 4%
   • BOption B: 8%
   • COption C: 6%
   • DOption D: 12%
   • EOption E: 14%
4. Question 4 of 10

   A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9% p.a. in 5 years. What is the sum?

   • AOption A: Rs. 4462.50
   • BOption B: Rs. 8032.50
   • COption C: Rs. 8900
   • DOption D: Rs. 8925
   • EOption E: None of these
5. Question 5 of 10

   A man invested a sum at a certain rate of interest on simple interest and he got 60% more amount after eight year. If he invests Rs. 9600 at the same rate of interest on SI, then find the total interest he would get after four years?

   • AOption A: 3840 Rs.
   • BOption B: 2880 Rs.
   • COption C: 2520 Rs.
   • DOption D: 2160 Rs.
   • EOption E: 2260 Rs.
6. Question 6 of 10

   1500 rupees is invested in a scheme A at R% p.a. simple interest. Another amount (1500 - x) is invested in scheme B at 2R % p.a. simple interest. After 4 years, interest earned from scheme A is 25% less than that of scheme B. Find x.

   • AOption A: 500
   • BOption B: 600
   • COption C: 900
   • DOption D: 1000
   • EOption E: 1200
7. Question 7 of 10

   A man invested Rs.P in three different schemes – A, B and C in the ratio 2 : 1 : 3 respectively. He invested in scheme A at the rate of 10% p.a. at SI for 2 years, in scheme B at the rate of 5% p.a at C.I compounded annually for 2 years and in scheme C at the rate of 6% p.a at CI compounded half yearly for 1 year and received total interest of Rs. 6852. Find the value of P.

   • AOption A: Rs.60000
   • BOption B: Rs.72000
   • COption C: Rs.48000
   • DOption D: Rs.120000
   • EOption E: can’t be determined.
8. Question 8 of 10

   What sum lent at 10% per year on S.I. will amount to Rs. 450 in 2 years?

   • AOption A: Rs. 350
   • BOption B: Rs. 375
   • COption C: Rs. 240
   • DOption D: Rs. 280
   • EOption E: None of these
9. Question 9 of 10

   The difference between simple and compound interest on sum of 10000 is 64 for 2 years. Find the rate of interest.

   • AOption A: 8
   • BOption B: 64
   • COption C: 4
   • DOption D: 2
   • EOption E: None of these
10. Question 10 of 10

    Difference between total CI and total SI on a certain sum at 20% per annum for 2 years is Rs 420. What will be the simple interest earned on same sum at 25% per annum for 3 years?

    • AOption A: Rs 5725
    • BOption B: Rs 7875
    • COption C: Rs 6525
    • DOption D: Rs 7000
    • EOption E: Rs 7375

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