Interest MCQ

Test your knowledge with important Interest MCQ and their applications. These MCQs are beneficial for competitive exams too. Explore 30+ more Interest MCQs on Bissoy. Bissoy App

• If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have = ?
  ক

  x² = xy

  খ

  xyz = 1

  গ

  x² = yz

  ঘ

  y² = zx
• Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
  ক

  Rs. 6400

  খ

  Rs. 6500

  গ

  Rs. 7200

  ঘ

  Rs. 7500

  ঙ

  None of these
• A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times?
  ক

  9 years

  খ

  8 years

  গ

  27 years

  ঘ

  12 years