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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.

A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______?

A 2 1/2 %

B 4%

C 5%

D 6 2/3 %

Review Detailed Answer

Correct Answer: 5%

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is________?

A 6.06%

B 6.07%

C 6.08%

D 6.09%

Review Detailed Answer

Correct Answer: 6.09%

Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

A Rs. 16,500

B Rs. 16,525.50

C Rs. 16,537.50

D Rs. 18,150

Review Detailed Answer

Correct Answer: Rs. 16,537.50

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?

A Rs. 565.25

B Rs. 635

C Rs. 662.02

D Rs. 666.50

Review Detailed Answer

Correct Answer: Rs. 662.02

What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?

A Rs. 9000.30

B Rs. 9720

C Rs. 10123.20

D Rs. 10483.20

Review Detailed Answer

Correct Answer: Rs. 10123.20

Afnan wants to borrow Rs.6000 at rate of interest 6% p.a. at S.I and lend the same amount at C.I at same rate of interest for two years. What would be his income in the above transaction?

A Rs.21.60

B Rs.24.00

C Rs.25.20

D Rs.27.80

Review Detailed Answer

Correct Answer: Rs.21.60

Rayan invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Rayan’s investments if the interests from those investments are equal?

A 4 : 3

B 3 : 2

C 6 : 5

D 7 : 6

Review Detailed Answer

Correct Answer: 7 : 6

The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

A Rs.3502.80

B Rs.3052.40

C Rs.3054.8

D Rs.3052.80

Review Detailed Answer

Correct Answer: Rs.3052.80

What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?

A Rs.140

B Rs.120

C Rs.130

D Rs.110

Review Detailed Answer

Correct Answer: Rs.120

The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum.

A Rs.18000

B Rs.17000

C Rs.18500

D Rs.17500

Review Detailed Answer

Correct Answer: Rs.17000

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Maths 2024 MCQs [All-Courses]

All Topics 2024

All Topics 2024

A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______?

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is________?

Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?

What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?

Afnan wants to borrow Rs.6000 at rate of interest 6% p.a. at S.I and lend the same amount at C.I at same rate of interest for two years. What would be his income in the above transaction?

Rayan invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Rayan’s investments if the interests from those investments are equal?

The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?

The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum.