Interest
Practice Interest MCQs from Arithmetic — Mathematics.
The value of a car depreciates from Rs 500,000 to Rs 405,000 in 2 years. Find the annual rate of depreciation.
If interest is compounded quarterly, how many times is it calculated in 2 years?
What is the effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly?
If the ratio of principal and simple interest for 5 years is 10:3, find the rate of interest.
The simple interest on a sum for 5 years is 1/4 of the principal. The rate is:
The difference between compound interest and simple interest on Rs 5000 for 2 years at 12% per annum is:
A certain sum of money amounts to Rs 2420 in 2 years and Rs 2662 in 3 years at compound interest. Find the rate.
The difference between the compound interest compounded semi-annually and the simple interest on a certain sum of money at 10% per annum for 1 year is Rs 25. Find the sum.
A sum of money double itself in 4 years at compound interest. In how many years will it become 8 times itself?
What is the ratio of SI and CI on a certain sum for 2 years at 10% per annum?
A sum of money invested at compound interest amounts to Rs 4624 in 2 years and Rs 4913 in 3 years. Find the sum.
If the compound interest on a sum for 2 years at 12.5% p.a. is Rs 510, find the simple interest on the same sum at the same rate for the same period.
A person divided Rs 3903 between his two sons aged 13 and 15 years such that their shares if invested at 4% compound interest would be equal when they are 18. Find the share of the elder son.
Find the least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled.
A sum of money is borrowed and paid back in two equal annual installments of Rs 882 each, allowing 5% compound interest. Find the sum borrowed.
At what rate of compound interest will Rs 2000 become Rs 2662 in 1.5 years if interest is compounded half-yearly?
The difference between compound interest and simple interest on a sum for 3 years at 10% per annum is Rs 31. Find the sum.
If the population of a village was 8000 and it increases at the rate of 10% in the 1st year and 20% in the 2nd year, what is the population after 2 years?
A sum of money amounts to Rs 6690 after 3 years and Rs 10035 after 6 years on compound interest. The sum is:
Simple interest on a certain sum for 2 years at 10% is Rs 400. Find the compound interest on the same sum for the same period at the same rate, compounded semi-annually.