SSC MTS MATHS QUIZ

Question 1:

If a sum of money compounded annually becomes $1.96$ times of It self in 2years, then the rate of interest per annum is?

$30 \% $

$40 \%$

$20 \% $

$60 \%$

Question 2:

A certain sum amounts to Rs. 7200 in 2 years at 20% per annum compound interest, compounded annually. Find the sum?

Rs.4800

Rs. 6000

Rs.5400

Rs.5000

Question 3:

Mr. Arun borrowed Rs. 6500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is:

Rs. 530.4

Rs. 7300.4

Rs. 503.4

Rs. 7030.4

Question 4:

The difference between the compound interest and the simple interest on a sum of Rs. 12,000 for 2 years at the rate of $6 \%$ p.a., is ___rupees:

$42.4$

$43.2$

$43.6$

$44.2$

Question 5:

After how many years, will Rs. 1,728 become Rs. 2,197 at $8 \frac{1}{3} \%$ p.a. compound interest ?

2 years

$1 \frac{1}{2}$ years

3 years

$2 \frac{1}{2}$ years

Question 6:

Amal invests Rs 12000 at 8% interest, compounded annually, and Rs 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is

20920

32562

40920

30920

Question 7:

The difference between the compound interest and the simple interest on a sum of Rs. 54,000 for 2 years at the rate of $7 \%$ p.a., is rupees:

$262.6$

$263.8$

$264.6$

$264.8$

Question 8:

The total amount (in ₹) on ₹18,000 at $10 \%$ per annum for $1.5$ years, compounded half-yearly, is:

$23,708.25$

$20,837.25$

$28,730.25$

$27,803.25$

Question 9:

The compound interest on a sum of money ₹ 20000 for $1 \frac{1}{4}$ years at the rate of $8 \frac{1}{2} \%$ per annum, compounded annually, is (approx.)

₹ 2161

₹ 1863

₹ 2125

₹ 2550

Question 10:

The difference between the compound interest and the simple interest on a certain sum at 8% per annum for 2 years is ₹ 144. What is the amount (in ₹)?

20500

24500

40000

22500