Math MCQs here cover topics such as Interest MCQs. Types of interest include Simple Interest MCQs, Compound Interest MCQs, Interest Rate MCQs, Time Period MCQs, Comparative Interest MCQs, and Applications of Interest MCQs. Interest mcqs with answers pdf and mathematics mcqs for entry test with answers pdf.
What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?
A. 8 : 4
B. 2 : 3
C. 1 : 3
D. 1 : 4Let the principal be P and rate of interest be R%. So Required ratio = [(P x R x 6/100) / (13 x R x 9/100)] = 6PR/9PR = 6/9 = 2 : 3
A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest What is the rate of interest?
A. 6%
B. 5%
C. 3%
D. 4%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 ?
A. 12%
B. 15%
C. 5%
D. 8%A sum of money trebles itself in 15 years, 6 months. In how many years would it double itself ?
A. 2 years 3 months
B. 1 years 6 months
C. 7 years 9 months
D. 9 years 3 monthsArooj took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?
A. 13
B. 9
C. 5
D. 6What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?
A. Rs. 122
B. Rs. 120
C. Rs. 112
D. Rs. 118.80An 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 ?
A. 4567
B. 7890
C. 3456
D. 7401.22Simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year is ?
A. Rs.6
B. Rs.9
C. Rs.8
D. Rs.4A lends Rs. 1500 to B and a certain sum to C at the same time at 8% per annum simple interest. If after 4 years, A altogether receives Rs. 1400 as interest from B and C, then the sum lent to C is ?
A. Rs.2245
B. Rs.2615
C. Rs.2875
D. Rs.1885A 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 ?
A. Rs.820
B. Rs.940
C. Rs.750
D. Rs.700