Saturday, 6 August 2022

MCQ(COMPOUND INTEREST)

1) Ram invests ₹5600 at 8% p.a. compound Interest for 5 years. Find
A) The intrest for the first year
a) 400 b) 440 c) 448. d) 484

B) The intrest for the second year, correct to the nearest rupees
a) a) 400 b) 440 c) 448. d) 484

C) The amount at the end of 2 years
a) 6532. b) 5632 c) 6235 d) 6352

2) The difference between C. I and S. I on a certain sum for 2 years at 10% is ₹50. Find the sum.
A) 4000 B) 5000. C) 6000 D) 7000

3) The C. I and S. I on a sum of money for 2 years is ₹210 and ₹200. If the rate of interest is the same, then find the rate
A) 10%. B) 12% C) 20% D) none

4) The present population of a town is 75000. The population increases by 10% in the 1st year and decreases by 10% in the 2nd year. Find the population after 2 years.
A) 74250. B) 74520 C) 72450 D) n

5) Value of a machine depreciates every year at 15%. If the present value is ₹4800, what will be its value after 3 years
A) 3000 B) 3500 C) 4000 D) none


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