Simple Interest - Compound Interest - Topic Wise Multiple Choice Questions (MCQ)
Online Topic Wise Simple Interest and Compound Interest MCQ for competitive exam Practice Multiple Choice Questions for IBPS SSC Online Test Private Job Interview
6 )
The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is:
7 )
An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes:
8 )
A person borrows Rs. 3000 for 2 years at 5% p.a. simple interest. He immediately lends it to another person at 6 % %p.a for 2 years. Find his gain in the transaction per year.
9 )
If the difference between CI and SI earned on a certain amount at 20% pa at the end of 3 years is Rs.640, find out the principal.
10 )
If the simple interest on a certain sum of money is 4/25 of the sum and the rate per cent equals the number years, then the rate of interest per annum is: