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Maths 2024 MCQs [All-Courses]

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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.

All Topics  2024

How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
A 2 years
B 3 years
C 4 years
D 5 years
Correct Answer: 4 years
Explanation:

  • Let's use the simple interest formula:
  • Simple Interest (SI) = (Principal x Rate x Time)/100
  • Given: Principal (P) = Rs 450
  • SI = Rs 81
  • Rate (R) = 4.5% per annum
  • We need to find Time (T). Rearranging the formula
  • 81 = (450 * 4.5 *T) / 100
  • Multiply both sides by 100:
  • 8100 = 450 * 4.5 * T
  • 8100 = 2025 * T
  • Divide both sides by 2025:
  • T = 8100/2025
  • T = 4
  • The correct answer is: (C) 4 years

A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?
A Rs. 9025.20
B Rs. 9200
C Rs. 9600
D Rs. 9560
Correct Answer: Rs. 9200
Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much ?
A Rs. 992
B Rs. 1112
C Rs. 1056
D Rs. 1182
Correct Answer: Rs. 992
A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is:
A Rs.750
B Rs.700
C Rs.940
D Rs.820
Correct Answer: Rs.750
A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is equal to one-fifth of the second sum. The total sum invested was :
A Rs.3100
B Rs.2700
C Rs.2200
D Rs.1800
Correct Answer: Rs.2700
You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate
A 6%
B 5%
C 7%
D 8%
Correct Answer: 6%
How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest?
A 65 years
B 56 years
C 45 years
D 57 years
Correct Answer: 56 years
What is the rate of interest at which Rs.150 becomes Rs. 220 in 10 years.
A 11/3%
B 14/3%
C 12%
D 14%
Correct Answer: 14/3%
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :________?
A Rs. 700
B Rs. 690
C Rs. 650
D Rs. 698
Correct Answer: Rs. 698
A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum.
A Rs.4000
B Rs.9000
C Rs.5000
D Rs.6000
Correct Answer: Rs.6000
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