{"id":2255,"date":"2023-07-13T19:00:01","date_gmt":"2023-07-13T13:30:01","guid":{"rendered":"https:\/\/edunovations.com\/mcqs\/?p=2255"},"modified":"2023-07-13T19:09:41","modified_gmt":"2023-07-13T13:39:41","slug":"compound-interest-3","status":"publish","type":"post","link":"https:\/\/edunovations.com\/mcqs\/compound-interest-3\/","title":{"rendered":"Compound Interest 3 &#8211; Aptitude GK MCQ"},"content":{"rendered":"\n<p><ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"autorelaxed\" data-ad-client=\"ca-pub-6643489308705072\" data-ad-slot=\"2759669284\"><\/ins><\/p>\n\n\n\n<p><ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"autorelaxed\" data-ad-client=\"ca-pub-6643489308705072\" data-ad-slot=\"2759669284\"><\/ins><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/mcqs\/compound-interest-3\/#Compound_Interest_3_%E2%80%93_Aptitude_GK_MCQ_%E0%A4%9A%E0%A4%95%E0%A5%8D%E0%A4%B0%E0%A4%B5%E0%A5%83%E0%A4%A6%E0%A5%8D%E0%A4%A7%E0%A4%BF_%E0%A4%AC%E0%A5%8D%E0%A4%AF%E0%A4%BE%E0%A4%9C_3\" >Compound Interest 3 &#8211; Aptitude GK MCQ ( \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c 3 )<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/mcqs\/compound-interest-3\/#Compound_Interest_3_%E2%80%93_Aptitude_GK_MCQ_%E2%80%93_Previous_Year_Questions\" >Compound Interest 3  &#8211; Aptitude GK MCQ  &#8211; Previous Year Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/mcqs\/compound-interest-3\/#Some_Important_Links\" >Some Important Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Compound_Interest_3_%E2%80%93_Aptitude_GK_MCQ_%E0%A4%9A%E0%A4%95%E0%A5%8D%E0%A4%B0%E0%A4%B5%E0%A5%83%E0%A4%A6%E0%A5%8D%E0%A4%A7%E0%A4%BF_%E0%A4%AC%E0%A5%8D%E0%A4%AF%E0%A4%BE%E0%A4%9C_3\"><\/span>Compound Interest 3<strong> &#8211; Aptitude GK MCQ<strong><strong> ( \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c 3 )<\/strong><\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>Brief:<\/p>\n\n\n\n<p>Looking for a reliable resource to improve your understanding of compound interest? Our MCQs page on &#8220;Compound Interest 3&#8221; 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.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Compound_Interest_3_%E2%80%93_Aptitude_GK_MCQ_%E2%80%93_Previous_Year_Questions\"><\/span><strong><strong><strong><strong>Compound Interest 3<\/strong><\/strong><\/strong><\/strong>  <strong>&#8211; <\/strong>Aptitude<strong> GK MCQ<\/strong> <strong> &#8211; Previous Year Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<style>\r\n    \/* Quiz container *\/\r\n    .quiz-container {\r\n        max-width: 800px;\r\n        margin: 0 auto;\r\n        padding: 20px;\r\n        box-sizing: border-box;\r\n        font-family: Arial, sans-serif;\r\n    }\r\n\r\n    \/* Question *\/\r\n    .question {\r\n        background-color: #f9f9f9;\r\n        padding: 20px;\r\n        border: 1px solid #ccc;\r\n        font-size: 20px;\r\n        margin-bottom: 20px;\r\n        border-radius: 5px;\r\n        box-shadow: 0 2px 4px rgba(0, 0, 0, 0.1);\r\n        position: relative;\r\n    }\r\n\r\n    \/* Question header *\/\r\n    .question h4 {\r\n        margin-bottom: 20px;\r\n    }\r\n\r\n    \/* Options list *\/\r\n    .options {\r\n        list-style-type: none;\r\n        padding: 0;\r\n    }\r\n\r\n    \/* Option item *\/\r\n    .options li {\r\n        margin: 10px;\r\n        padding: 10px;\r\n        display: flex;\r\n        align-items: center;\r\n        border-radius: 5px;\r\n        border: 2px solid #ccc;\r\n        box-shadow: 0 2px 4px rgba(0, 0, 0, 0.1);\r\n    }\r\n\r\n    \/* Option number *\/\r\n    .options li span {\r\n        margin-right: 10px;\r\n        width: 20px;\r\n        height: 20px;\r\n        border-radius: 50%;\r\n        border: 2px solid black;\r\n        display: flex;\r\n        justify-content: center;\r\n        align-items: center;\r\n        font-weight: bold;\r\n    }\r\n\r\n    \/* Option colors *\/\r\n    .options li span.option-a {\r\n        background-color: #FFD700; \/* Yellow *\/\r\n    }\r\n\r\n    .options li span.option-b {\r\n        background-color: #FF1493; \/* Pink *\/\r\n    }\r\n\r\n    .options li span.option-c {\r\n        background-color: #00BFFF; \/* Light Blue *\/\r\n    }\r\n\r\n    .options li span.option-d {\r\n        background-color: #7CFC00; \/* Green-Yellow *\/\r\n    }\r\n\r\n    .options li span.option-e {\r\n        background-color: #EE82EE; \/* Purple-Pink *\/\r\n    }\r\n\r\n    \/* Show answer button *\/\r\n    .show-answer {\r\n        background-color: #0066CC;\r\n        color: #fff;\r\n        border: none;\r\n        padding: 8px 20px;\r\n        font-size: 20px;\r\n        cursor: pointer;\r\n        border-radius: 3px;\r\n        text-align: center;\r\n        display: inline-block;\r\n        margin-bottom: 20px;\r\n    }\r\n\r\n    \/* Answer box *\/\r\n    .answer-box {\r\n        margin: 0 auto;\r\n        padding: 10px;\r\n        font-size: 20px;\r\n        color: #61970F;\r\n        box-sizing: border-box;\r\n        display: none;\r\n    }\r\n\r\n    \/* Question header *\/\r\n    .quiz-container .question-header {\r\n        color: darkblue;\r\n        font-weight: bold;\r\n        margin-right: 10px;\r\n    }\r\n\r\n    \/* Question header and text *\/\r\n    .quiz-container .question-header,\r\n    .quiz-container .question-text {\r\n        display: inline;\r\n        font-weight: bold;\r\n    }\r\n\r\n    \/* Responsive styles *\/\r\n    @media (max-width: 767px) {\r\n        .quiz-container {\r\n            padding: 10px;\r\n        }\r\n    }\r\n<\/style>\r\n<div class=\"quiz-container\">\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The compound interest on a sum for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs. 800. The difference between the compound and simple interest for 3 years will be ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59195\">Rs .48<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59195\">Rs. 66.56<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59195\">Rs. 98.56<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59195\">None of these<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">A man borrows Rs. 4000 from a bank at 71\/2% compound interest. At the end of every he pays Rs. 1500 as part repayment of loan and interest. How much does he still owe to the bank after there such installments ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59196\">Rs. 123.25<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59196\">Rs. 125<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59196\">Rs. 400<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59196\">Rs. 469.18<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">A sum of Rs. 550 was taken as a loan. This is to be repaid in two equal annual instalments. if the rate of interested be 20% compound annually then the value of each instalment is ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59197\">421<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59197\">396<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59197\">360<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59197\">250<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">If the simple interest on certain sum of money be Rs. 40 for 2 years and the compound interest on the same sum at the same rate and for the same time be Rs. 45. What is the principle ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59198\">70<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59198\">90<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59198\">85<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59198\">80<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Neeraj saves Rs. 400 at the end of each year and lends this saving at 5% p.a. compound interest, How much will it worth at the end of 3 years ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59199\">Rs. 1312. 50<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59199\">Rs. 1284<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59199\">Rs. 1315<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59199\">Rs. 1324.05<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">If a sum of money placed at compound interest becomes 3 times of itself in 3 years. In how many years will it be 9 times at the same rate of interest ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59200\">6 years<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59200\">9 years<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59200\">12 years<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59200\">5 years<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">A person invested a certain amount at simple interest at the rate of 6 percent annum earning Rs. 900 as an interest at the end of three years. Had the interest been compounded every year. How much more interest would he have earned on the same amount with the same interest after three years ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59201\">Rs. 38.13<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59201\">Rs. 25.33<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59201\">Rs. 55.08<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59201\">Rs. 35.30<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The difference between the simple and the compound interest compounded every six months at the rate of 10 percent per annum at the end of two years is Rs. 124.05. What is the sum ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59202\">Rs. 10000<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59202\">Rs. 6000<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59202\">Rs. 12000<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59202\">Rs. 8000<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The cash price of a refrigerator is Rs. 7044. A customer paid Rs. 2000 in case and promised to pay the remaining money in 3 yearly equal instalments at the rate of 5% per annum compound interest. What is the value of each instalment ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59203\">Rs. 1865<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59203\">Rs. 1868.28<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59203\">Rs. 1752<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59203\">Rs. 1852.20<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Vijay obtains a loan of 64000 against his fixed deposits. If the rate of interest be 2.5 paise per rupee per annum. Calculate the compound interest payable after 3 years?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59204\">Rs. 4921<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59204\">Rs. 5020<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59204\">Rs. 4821<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59204\">Rs. 4920<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Divided Rs. 3903 between A and B, so that A&#039;s share at the end of 7 years may equal to B&#039;s share at the end of 9 years, compound interest being at 4 per cent ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59205\">Rs. 2028, Rs. 1875<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59205\">Rs. 2018, Rs. 1885<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59205\">Rs. 2008, Rs. 1895<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59205\">Rs. 2038, Rs. 1865<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Akash borrows \u20b9 65000 at 10% per annum simple interest for 3 yr and lends it at 10% per annum compound interest for 3 yr , Find his gain after three years. ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59206\">\u20b9 2015<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59206\">\u20b9 1330<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59206\">\u20b9 1300<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59206\">None of these<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">A father divided his property between his two sons A and B. A invests the amount at compound interest of 8% per annum and B invests the amount at 10% per annum simple interest. At the end of 2 yr, the interest received by B is \u20b9 1336 more than the interest received by A. Find the share of A in the father&#039;s property of \u20b9 25000. ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59207\">\u20b9 12000<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59207\">\u20b9 13000<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59207\">\u20b9 12500<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59207\">\u20b9 10000<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">What is the difference between the compound interest and simple interest calculated on an amount of \u20b9 16200 at the end of 3 yr at 25% pa? (Rounded off to two digits after decimal)\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59208\">\u20b9 3213.44<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59208\">\u20b9 3302.42<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59208\">\u20b9 3495.28<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59208\">\u20b9 3290.63<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Divide \u20b9 2602 between M and N, so that the amount of M after 7 yr is equal to the amount of N after 9 yr, the interest being compounded at 4% pa.\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59209\">\u20b9 1352, \u20b9 1250<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59209\">\u20b9 1400, \u20b9 1350<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59209\">\u20b91415, \u20b91300<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59209\">\u20b91500, \u20b91450<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">SBI lent \u20b9 1331 lakh to the TATA group at compound interest and got \u20b91728 lakh after 3 yr. What is the rate of interest charged, if compounded annually?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59210\">11%<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59210\">9.09%<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59210\">12%<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59210\">8.33%<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">A sum of money lent at compound interest for 2 yr at 20 % pa would fetch \u20b9 964 more, if the interest was payable half-yearly than if it was payable annually. What is the sum ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59211\">\u20b9 40000<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59211\">\u20b9 60000<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59211\">\u20b9 90000<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59211\">\u20b9 500000<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The compound interest on a sum of \u20b9 4000 becomes \u20b9 630.50 in 9 months. Find the rate of interest, if interest is compounded quarterly.\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59212\">20%<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59212\">23%<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59212\">19%<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59212\">21%<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Income of Shantanu was \u20b9 4000. In the first 2 yr. his income decreased by 10% and 5% respectively but in the third year, the income increased by 15%. What was his income at the end of third year ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59213\">\u20b9 3933<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59213\"> \u20b9 4000<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59213\">\u20b9 3500<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59213\">\u20b9 3540<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The simple interest for certain sum in 2 yr at 4% pa is \u20b9 80. What will be the compound interest for the same sum, if conditions of rate and time period are same ?\r\n<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_59214\"> \u20b9 91.60<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_59214\">\u20b9 81.60<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_59214\">\u20b9 71.60<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_59214\">\u20b9 80<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n  <\/div>\r\n<script src=\"https:\/\/code.jquery.com\/jquery-3.6.0.min.js\"><\/script>\r\n<script>\r\n$(document).ready(function() {\r\n  $('.show-answer').click(function() {\r\n    var answer = $(this).data('answer');\r\n    $(this).siblings('.answer-box').html('The correct answer is: ' + answer).slideDown();\r\n    $(this).hide();\r\n  });\r\n});\r\n<\/script>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Links\"><\/span>Some Important Links <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/subject-wise\/geography\/\" target=\"_blank\" rel=\"noreferrer noopener\">Geography MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/state-gk-mcq\/\" target=\"_blank\" rel=\"noreferrer noopener\">State GK MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/current-affairs-mcq\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs MCQs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/ncert\/\" target=\"_blank\" rel=\"noreferrer noopener\">NCERT MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/subject-wise\/indian-history\/\" target=\"_blank\" rel=\"noreferrer noopener\">Indian History MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/subject-wise\/indian-polity\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Indian Polity MCQ<\/strong>s<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"Free-GK-MCQ-App\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"Free GK MCQ App noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App.jpg\" alt=\"Free GK MCQ App\" class=\"wp-image-743\" title=\"Free GK MCQ App\" srcset=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App.jpg 900w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App-300x50.jpg 300w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Free GK MCQ App<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"Free-Daily-Current-Affairs-MCQ-App\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"Free Daily Current Affairs MCQ App noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2.jpg\" alt=\"Free Daily Current Affairs MCQ App\" class=\"wp-image-744\" title=\"Free Daily Current Affairs MCQ App\" srcset=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2.jpg 900w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2-300x50.jpg 300w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Free Daily Current Affairs MCQ App<\/figcaption><\/figure>\n\n\n\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6643489308705072\" crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"autorelaxed\" data-ad-client=\"ca-pub-6643489308705072\" data-ad-slot=\"2759669284\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Compound Interest 3 &#8211; Aptitude GK MCQ ( \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c 3 ) 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: [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[1785],"tags":[1874,121,1875,91,589,590],"class_list":["post-2255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aptitude","tag-compound-interest","tag-exam-preparation","tag-finance","tag-mcqs","tag-previous-year-papers","tag-upsc-ias","entry","has-media"],"_links":{"self":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts\/2255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/comments?post=2255"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts\/2255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/media\/2256"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/media?parent=2255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/categories?post=2255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/tags?post=2255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}