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 Multiple Choice QuestionsMultiple Choice Questions

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1.

The ratio of the principal and its yearly amount is 8 : 9. What is the rate of simple interest per annum?

  • 12%

  • 12 1 half percent sign
  • 10%

  • 10%

151 Views

2.

Ram deposited a certain sum of money in a compound at 12% per annum simple interest for 4 yr and deposited equal amount in fixed deposit in a bank for 5 yr at 15% per annum simple interest. If the difference in the interest from two sources is ₹ 1350,  then the sum deposited in each case is

  • ₹ 4000

  • ₹ 5000

  • ₹ 6500

  • ₹ 6500

344 Views

3.

The simple interest on ₹2,000/- for 2 years at ₹75 per thousand per annum will be

  • ₹150/-

  • ₹300/-

  • ₹600/-

  • ₹600/-

259 Views

4.

A sum of ₹ 3,000/- yields an interest of ₹ 1,080/- at 12% per annum simple interest in how many years?

  • 4 years

  • 3 years

  • 5 years

  • 5 years

181 Views

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5.

A sum of Rs. 4000 is lent out in two parts, one at 8% simple interest and the other at 10% simple interest. If the annual interest is Rs. 352. The sum lent at 8% is

  • Rs. 2900

  • Rs. 2200

  • Rs. 2400

  • Rs. 2600

1138 Views

6.

If the difference of the compound interest and the simple interest on a sum of money for 3 years is Rs. 186. Find the sum of money, if the rate of interest in both case be 10%.

  • Rs. 5500

  • Rs. 7200

  • Rs. 6500

  • Rs. 6500

684 Views

7.

The principal which gives ₹ 1 interest per day at a rate of 5% simple interest per annum is

  • ₹ 5000

  • ₹ 7300 

  • ₹ 36500

  • ₹ 36500

581 Views

8.

Prakash lends a part of ₹20,000 at 8% simple interest and remaining at 4 over 3 percent sign simple interest. His total income after a year was ₹ 800. Find the sum lent at 8%.

  • ₹ 8,000

  • ₹ 12,000

  • ₹ 6,000

  • ₹ 6,000

322 Views

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9.

A shopkeeper sold an item at 10% loss after giving a discount equal to half of the marked price. Then the cost of price is

  • 1 over 9 th space of space marked space price
  • 4 over 9 th space of space markd space price
  • 5 over 9 th space of space marked space price
  • 5 over 9 th space of space marked space price
437 Views

10.

If the simple interest on ₹ x at a rate of  a% for m years is same as that on ₹ y at rate of a2% for m2 years, then x : y is

  • m : a

  • am : 1

  • 1 over straight m thin space colon space 1 over straight a
  • 1 over straight m thin space colon space 1 over straight a
246 Views

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