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1.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_______?
A. Rs.600
B. Rs.500
C. Rs.400
D. Rs.600
2.What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?
A. Rs. 1000
B. Rs. 1200
C. Rs. 1320
D. Rs. 1000
3.Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in________?
A. 1 Year
B. 2 years
C. 3 Years
D. 1 Year
4.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___?
A. Rs. 81.60
B. Rs. 160
C. Rs. 1081.60
D. Rs. 81.60
5.If Rs. 7500 are borrowed at 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. 8082
6.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?
A. 8
B. 10
C. 12
D. 8
7.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?
A. Rs. 1620
B. Rs. 1640
C. Rs. 1680
D. Rs. 1620
8.What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?
A. Rs. 550
B. Rs. 551.25
C. Rs. 560
D. Rs. 550
9.The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is___?
A. 3
B. 4
C. 5
D. 3
10.A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in?
A. 7 years
B. 10 years
C. 15 years
D. 7 years
11.A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______?
A. 2.50%
B. 4%
C. 5%
D. 2.50%
12.The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is________?
A. 6.06%
B. 6.07%
C. 6.08%
D. 6.06%
13.On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?
A. 10%
B. 10.50%
C. 12%
D. 10%
14.The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs. ) is_________?
A. 625
B. 630
C. 640
D. 625
15.There is 60% increase in an amount in 6 years at S.I. What will be the C.I. of Rs. 12,000 after 3 years at the same rate?
A. Rs. 2160
B. Rs. 3120
C. Rs. 3972
D. Rs. 2160
16.The S.I. on a certain sum of money for 3 years at 8% per annum is half the C.I. on Rs. 4000 for 2 years at 10% per annum. The sum placed on S.I. is________?
A. Rs. 1550
B. Rs. 1650
C. Rs. 1750
D. Rs. 1550
17.The C.I. on a certain sum for 2 years at 10% per annum is Rs. 525. The S.I. on the same sum for double the time at half the rate percent per annum is________?
A. Rs. 400
B. Rs. 500
C. Rs. 600
D. Rs. 400
18.If the C.I. on a sum for 2 years at 12 1/2 % per annum is Rs. 510, the S.I. on the same sum at the same rate for the same period of time is________?
A. Rs. 400
B. Rs. 450
C. Rs. 460
D. Rs. 400
19.The principal that amounts to Rs. 4913 in 3 years at 6 1/4 % per annum C.I. compounded annually, is__?
A. Rs. 3096
B. Rs. 4076
C. Rs. 4085
D. Rs. 3096
20.The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period(in years) is___?
A. 2
B. 2 1/2
C. 3
D. 2
21.The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is________?
A. Rs. 2.50
B. Rs. 3
C. Rs. 3.75
D. Rs. 2.50
22.What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?
A. Rs. 31
B. Rs. 32.10
C. Rs. 40.40
D. Rs. 31
23.If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the rate and for the same time?
A. Rs. 51.25
B. Rs. 52
C. Rs. 54.25
D. Rs. 51.25
24.Find the Compound Interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly?
A. Rs. 1851
B. Rs. 1941
C. Rs. 1951
D. Rs. 1851
25.What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?
A. Rs. 2.04
B. Rs. 3.06
C. Rs. 4.80
D. Rs. 2.04
26.A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?
A. 16
B. 8
C. 12
D. 16
27.The sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?
A. 18
B. 12
C. 9
D. 18
28.The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?
A. 4%
B. 5%
C. 6%
D. 4%
29.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.81.60
30.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.17684
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