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 1” 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 1– 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:
If the compound interest on a certain sum for 2 years at 12.5% per annum is 170, the simple interest is ?
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D
Question:
A sum amounts to Rs. 1352 in 2 years at 4% compound interest.The sum is ?
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Question:
Rs. 800 at 5% per annum compound interest will amount to Rs. 882 in ?
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Question:
The compound interest on Rs. 2800 for 1 1/2 years at 10% per annum is ?
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Question:
If Rs. 7500 are borrowed at compound interest at the rate of 4% per annum, then after 2 years the amount to be paid is ?
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Question:
A sum amounts to Rs. 3149.29 in 3 years at compound interest. The sum is ?
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Question:
A sum of money placed at compound interest doubles itself in 5 years. It will amount to eight times itself in ?
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Question:
The compound interest on a certain sum of money for 2 years at 10% per annum is Rs. 420. The simple interest on the same sum at the same rate and for the same time will be ?
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Question:
Rs. 1600 at 10% per annum compounded half yearly amount to Rs. 1944.81 in ?
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Question:
What will be the approximate compound interest on Rs. 101005 at 10% p.a. for 3 years ?
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Question:
If the compound interest of a certain sum of money for two successive years be Rs, 225 and Rs. 238.50. What is the rate of interest per annum ?
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Question:
A moneylender lends Rs. 2000 for 6 months at 20% per annum whereas the interest is compounded quarterly. After the given period he will get the amount of ?
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Question:
In what time will Rs. 6250 amount to Rs. 6632.55 at 4% compound interest payable half yearly ?
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Question:
Find the effective annual rate of 4 per cent per annum compound interest paid quarterly.?
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Question:
In what time will Rs. 390625 amount to Rs. 456976 at 4 per cent compound interest ?
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Question:
Find the effective annual rate of 5 per cent per annum compound interest paid half yearly ?
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Question:
At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years ?
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Question:
A sum of ₹ 2400 deposited at CI, Double after 5 yr. After 20 yr it will become ?
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Question:
Rohit earns an interest of ₹ 1656 for the third year and ₹ 1440 for the second year on the same sum. Find the rate of interest if it is lent at compound interest ?
