A. Rs.9630
B. Rs.9680
C. Rs.9610
D. Rs.9650
✅ The correct answer is option E. None of these.
Compound Interest MCQs
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.
✅ The correct answer is option D. 5% p.a..
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
✅ The correct answer is option C. Rs.5460.
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_______?
A. Rs.8082
B. Rs.7800
C. Rs.8100
D. Rs.8112
✅ The correct answer is option D. Rs.8112.
Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?
A. Rs.17684
B. Rs.1684
C. Rs.2522
D. Rs.3408
✅ The correct answer is option C. Rs.2522.
At the end of three years what will be the compound interest at the rate of 10% p.a. on an amount of Rs.20000?
A. Rs.6620
B. Rs.6500
C. Rs.6800
D. Rs.6400
✅ The correct answer is option A. Rs.6620.
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
✅ The correct answer is option A. Rs.20043.94.
Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?
A. Rs.81.60
B. Rs.160
C. Rs.1081.60
D. Rs.99
✅ The correct answer is option A. Rs.81.60.
The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.
A. Rs.18,828.80
B. Rs.19,828.80
C. Rs.18,028.80
D. Rs.17,828.80
✅ The correct answer is option B. Rs.19,828.80.
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
✅ The correct answer is option D. Rs.4266.