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Maths 2024 MCQs [All-Courses]

Prepare effectively with our Maths MCQs designed for PPSC, FPSC, NTS, OTS, PTS, AJKPSC, BPSC, KPPSC, PMS, CSS, and all other competitive exams.
Our questions cover Arithmetic, Algebra, Geometry, Ratios, Percentages, Equations, Word Problems, and basic to advanced quantitative skills.

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:________?

A Rs. 2.50

B Rs. 3

C Rs. 3.75

D Rs. 4

Review Detailed Answer

Correct Answer: Rs. 3

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?

A Rs. 51.25

B Rs. 52

C Rs. 54.25

D Rs. 60

Review Detailed Answer

Correct Answer: Rs. 51.25

Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:_______?

A Rs. 1550

B Rs. 1650

C Rs. 1750

D Rs. 2000

Review Detailed Answer

Correct Answer: Rs. 1750

The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________?

A 6%

B 8%

C 10%

D 12%

Review Detailed Answer

Correct Answer: 12%

At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?

A 5%

B 6%

C 10%

D 15%

Review Detailed Answer

Correct Answer: 10%

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:_______?

A Rs 6.06%

B Rs 6.07%

C Rs 6.08%

D Rs 6.09%

Review Detailed Answer

Correct Answer: Rs 6.09%

The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?

A Rs 6500

B Rs 6565

C Rs 65065

D Rs 65650

Review Detailed Answer

Correct Answer: Rs 6500

A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?

A Rs 230

B Rs 232

C Rs 600

D Rs 832

Review Detailed Answer

Correct Answer: Rs 232

A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?

A Rs 4500

B Rs 5000

C Rs 5500

D Rs 6000

Review Detailed Answer

Correct Answer: Rs 5000

If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?

A Rs 1575.20

B Rs 1600

C Rs 1625.80

D Rs 2000

Review Detailed Answer

Correct Answer: Rs 1575.20

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Maths 2024 MCQs [All-Courses]

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All Topics 2024

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:________?

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?

Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:_______?

The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________?

At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:_______?

The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?

A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?

A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?

If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?