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
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Rs. 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4% per annum then Ram's share is = ?
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If a sum of money becomes Rs. 4000 in 2 years and Rs. 5500 in 4 years 6 months at the same rate of simple interest per annum. Then the rate of simple interest is = ?
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In simple interest rate per annum a certain sum amounts to Rs. 5182 in 2 years and Rs. 5832 in 3 years. The principal in rupees is = ?
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The sum invested in scheme B is thrice the sum invested in scheme A. The investment in scheme A is made for 4 years at 8% p.a. simple interest and in scheme B for 2 years at 13% p.a. simple interest. The total interest earned from both the schemes is Rs. 1320. How much amount was invested in scheme A?
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The interest earned on Rs. 15000 in 3 years at simple interest is Rs. 5400. Find the rate of interest per annum.
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A sum becomes its double in 10 years. Find the annual rate of simple interest.
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A sum of Rs. 3000 yields an interest of Rs. 1080 at 12% per annum simple interest in how many years ?
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Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10 : 3 at 6% simple interest per annum ?
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If a sum of money double itself in 8 years, then the interest rate in percentage is ?
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The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is Rs. 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is = ?
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Find the amount to be received after 2 years 6 months at the rate of 5% p.a. of simple interest on a sum of Rs. 3200.
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A man invested $$\frac{{\text{1}}}{{\text{3}}}$$ of his capital at 7%; $$\frac{{\text{1}}}{{\text{4}}}$$ at 8% and the remainder at 10%. If his annual income is Rs. 561, the capital is -
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A person invests money in three different schemes for 6 years, 10 years and 12 years at 10 percent, 12 percent and 15 percent simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is
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If the simple interest on Rs. 1 for 1 month is 1 paisa, then the rate percent per annum will be = ?
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On a certain sum the simple interest for $$12\frac{1}{2}$$ year is $$\frac{3}{4}$$ of the sum. Then the rate of interest is = ?
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A certain sum doubles in 7 years at simple interest. The same sum under the same interest rate will become 4 times in how many years = ?
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A sum of Rs. 1440 is lent out in three parts in such away that the interests on first part at 2% for 3 years, second part at 3% for 4 years and third part at 4% for 5 years are equal. Then the difference between the largest and the smallest sum is -
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An amount of Rs. 1,00,000 is invested in two types of shares. The first yields an interest of 9% p.a. and second, 11% p.a. If the total interest at the end of one year is $$9\frac{3}{4}$$ %, then the amount invested in each share was -
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A sum of Rs. 1550 was lent partly at 5% and partly at 8% p.a. simple interest. The total interest received after 3 years was Rs. 300. The ratio of the money lent at 5% to that lent at 8% is:
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A money lender claims to lend money at the rate of 10% per annum simple interest. However, he takes the interest in advance when he lends a sum for one year. At what interest rate does he lend the money actually ?
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For 2 years, a sum was put at SI at a certain rate. If the rate was 3% higher, it would have fetched Rs. 300 more. What will be the sum ?
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A certain sum of money amount to Rs 2200 at 5% interest Rs 2320 at 8% interest in the same period of time. The period of time is = ?
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I had Rs. 10000 with me. Out of this money I lent some money to A for 2 years @ 15% simple interest. I lent the remaining money to B for an equal number of years @18% simple interest. After 2 years, I found that A had given me Rs. 360 more as interest as compared to B. The amount of money which I had lent to B must have been.
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A sum of Rs. 18750 is left by a will by a father to be divided between the two sons, 12 and 14 years of age, so that when they attain maturity at 18, the amount (principal + interest) received by each at 5 percent simple interest will be the same. Find the sum alloted at present to each son.
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Vishwas borrowed a total amount of Rs. 30000, part of it on simple interest rate of 12 p.c.p.a. and remaining on simple interest rate of 10 p.c.p.a. If at the end of 2 year she paid in all Rs. 36480 to settle the loan amount, what was the amount borrowed at 12 p.c.p.a ?
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Tushar borrowed a sum of Rs. 12000 at 15% per annum from a money - lender on 13<sup>th</sup> January, 1987 and return the amount on 8<sup>th</sup> June, 1987 to clear his debt. Then the amount paid by Tushar to the money - lender to clear his debt was = ?
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The simple interest on Rs. 36000 for the period from 5<sup>th</sup> January to 31<sup>st</sup> May, 2013 at 9.5% per annum is = ?
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A boy aged 12 years is left with Rs. 100000 which is under a trust. The trustees invest the money at 6% per annum and pay the minor boy a sum of Rs. 2500, for his pocket money at the end of each year. The expenses of trust come out to be Rs. 500 per annum. Find the amount that will be handed over to the minor boy after he attains the age of 18 years ?
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If the rate increases by 2%, the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs. 180. The sum is:
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A computer is available for Rs. 39000 cash or Rs. 17000 as cash down payment followed by five monthly instalments of Rs. 4800 each. What is the rate of interest under the instalment plan?