Mathematics MCQs

Page No. 59

What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?


aRs. 550


bRs. 551.25


cRs. 560


dRs. 560.75


View Answer Rs. 551.25

A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was?


aRs. 1620


bRs. 1640


cRs. 1680


dRs. 1700


View Answer Rs. 1640

The difference between C.I. and S.I. on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?


a8


b10


c12


dCannot be determined


View Answer 8

If Rs. 7500 are borrowed at C. I at the rate of 4 % per annum then after 2 years, the amount to be paid is_______?


aRs. 8082


bRs. 7800


cRs. 8100


dRs. 8112


View Answer Rs. 8112

Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is_________?


aRs. 81.60


bRs. 160


cRs. 1081.60


dNone of these


View Answer Rs. 81.60

Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in________?


a1 Year


b2 years


c3 Years


d4 Years


View Answer 2 years

What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?


aRs. 1000


bRs. 1200


cRs. 1320


dNone of these


View Answer Rs. 1200

The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?


aRs.600


bRs.500


cRs.400


dRs.300


View Answer Rs.600

The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?


aRs.350


bRs.375


cRs. 380


dRs. 400


View Answer Rs. 400

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


a10 %


b12 %


c6 %


d8 %


View Answer 12 %

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