Strengthen your grasp of compound interest with our extensive collection of Multiple Choice Questions (MCQs) sourced from previous year papers of different exams across various sectors, including UPSC IAS. Enhance your problem-solving skills and prepare effectively for exams with these curated MCQs.
Brief:
Looking for a reliable resource to improve your understanding of compound interest? Our MCQs page on “Compound Interest 2” is designed to help you excel in this important topic. With a vast collection of Multiple Choice Questions gathered from previous year papers of diverse exams across various sectors, including UPSC IAS, this resource provides valuable practice and preparation material.
Compound interest is a fundamental concept in finance, investment, and banking. It is crucial for students and professionals in various sectors to have a solid grasp of this topic. Our carefully curated MCQs cover a wide range of aspects related to compound interest, including formulas, calculations, applications, and problem-solving techniques. Each question is selected to reflect the question patterns and difficulty levels observed in previous year exams.
By engaging with these MCQs, you can expand your knowledge of compound interest, refine your problem-solving skills, and effectively manage your time during exams. This page serves as an invaluable tool for exam preparation, enabling you to assess your strengths and weaknesses in the subject and focus on areas that require improvement.
Compound Interest 2– Aptitude GK MCQ – Previous Year Questions
Question:
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 ?
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Question:
The simple interest on a certain sum for 2 years at 10% per annum is Rs.90. The corresponding compound interest is?
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Question:
What is the principle amount which earns Rs. 132 as compound interest for the second years at 10% per annum ?
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Question:
Simple interest on a sum at 4% per annum for 2 years is Rs.80. The compound interest on the same sum for the same period is ?
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Question:
The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is ?
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Question:
A sum of money amounts to Rs. 10648 in 3 years and Rs. 9680 in 2 years. The rate of interest is ?
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Question:
A sum is invested at compound interest payable annually. The interest in two successive years was Rs. 500 and Rs. 540. The sum is ?
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Question:
The difference between simple interest and compound interest at the same rate for Rs. 5000 for 2 years is Rs. 72.The rate of interest is ?
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Question:
A sum of money becomes Rs. 6690 after three years and Rs. 10035 after six years on compound interest. The sum is ?
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Question:
What will be the compound interest of Rs. 8000 at 10% p.a. for 1 1/2 years. When compound interest is payable half yearly ?
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Question:
If the interest of a certain sum for the first year at 8% p.a. compound interest is Rs. 48. What will be the interest for the second years ?
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Question:
If the compound interest of a certain sum of money for 2 years at 5 % p.a. is Rs. 328. what will be the simple interest on the same time and at the same rate ?
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Question:
Find the least number of complete years in which a sum of money put out at 20 percent compound interest will be more than doubled ?
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Question:
The difference between simple interest and compound interest on Rs. 600 for 1 years at 10% per annum,reckoned half yearly is ?
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Question:
The value of a machine depreciates every year at the rate of 10% on its value at the beginning of that years. If the present value of the machine is Rs. 729. Its worth 3 years ago was ?
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Question:
A tree increases annually by 1/8 th of its height. By how much will it increase after 2 years, if it stands today 64 cm high ?
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Question:
A loan was repaid in two annual instalments of Rs. 121 each. if the rate of interest be 10% per annum. compounded annually, the sum borrowed was ?
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Question:
A sum of Rs. 12000 deposited at compound interest becomes doubles after 5 years. After 20 years it will become ?
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Question:
A loan was repaid in two annual instalment of ₹ 1089 each. If the rate of interest be 10% per annum compounded annually, the sum borrowed was ?
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Question:
Vandana invested an amount of ₹ 8000 in a fixed deposit scheme for 2 yr at the rate of 5% pa compound interest. How much amount will Vandana get on maturity of the fixed deposit?
