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The difference between simple interest and compound interest on ₹5,000 for 2 years at a rate of 5% per annum is:
Directions : Choose the correct difference
Q. 7 of Quiz-2112 (Que-ID : 4660)The difference between simple interest and compound interest on ₹5,000 for 2 years at a rate of 5% per annum is:
- ₹6.25
- ₹12.50
- ₹25
- ₹50
Ans → (b)₹12.50
Explanation → The difference is ₹12.50 due to the compound effect over 2 years
This question is taken from this post → Mathematics Practice Quiz on Simple and Compound Interest - attemp/practice
More MCQs in - Mathematics Practice Quiz on Simple and Compound Interest
Directions : Calculate the simple interest for given values
Q. 3 of Quiz-2112 (Que-ID : 4652)If the principal is ₹1,000, the rate of interest is 5% per annum, and the time is 2 years, what is the simple interest?
- ₹100
- ₹200
- ₹300
- ₹400
Directions : Choose the correct number of compounding periods
Q. 8 of Quiz-2112 (Que-ID : 4653)If the interest is compounded half-yearly, how many times per year is the interest compounded?
- 1
- 2
- 3
- 4
Directions : SSC 2019 question
Q. 12 of Quiz-2112 (Que-ID : 4654)The simple interest on a sum of ₹12,000 at 6% per annum for 4 years is:
- ₹2,880
- ₹2,400
- ₹3,000
- ₹2,700
Directions : Choose the correct number of compounding periods
Q. 9 of Quiz-2112 (Que-ID : 4655)In compound interest, if the interest is compounded quarterly, the number of compounding periods in a year is:
- 1
- 2
- 3
- 4
Directions : SSC 2019 question
Q. 19 of Quiz-2112 (Que-ID : 4656)The simple interest on ₹5,000 at 8% per annum for 3 years is:
- ₹1,200
- ₹1,000
- ₹1,400
- ₹1,600
Directions : SSC 2022 question
Q. 17 of Quiz-2112 (Que-ID : 4657)If ₹6,000 becomes ₹7,200 in 2 years at simple interest, what is the rate of interest?
- 10%
- 12%
- 15%
- 20%
Directions : Choose the correct representation of 'P' in the formula
Q. 2 of Quiz-2112 (Que-ID : 4658)What does 'P' represent in the simple interest formula?
- Rate of interest
- Time period
- Principal amount
- Final amount
Directions : Choose the correct formula for simple interest
Q. 1 of Quiz-2112 (Que-ID : 4659)What is the formula for calculating simple interest?
- SI = (P x R x T) / 100
- SI = (P x R) / T
- SI = (P + R + T) / 100
- SI = (R x T) / P
Directions : Choose the correct difference
Q. 7 of Quiz-2112 (Que-ID : 4660)The difference between simple interest and compound interest on ₹5,000 for 2 years at a rate of 5% per annum is:
- ₹6.25
- ₹12.50
- ₹25
- ₹50
Directions : SSC 2018 question
Q. 14 of Quiz-2112 (Que-ID : 4661)The difference between compound interest and simple interest on a sum of ₹5,000 for 3 years at 8% per annum is:
- ₹24
- ₹32
- ₹40
- ₹50
Directions : Choose the correct base for compound interest
Q. 4 of Quiz-2112 (Que-ID : 4662)Compound interest is calculated on:
- Principal only
- Principal and accrued interest
- Rate of interest
- Time period only
Directions : DSSSB 2021 question
Q. 15 of Quiz-2112 (Que-ID : 4663)What is the compound interest on ₹10,000 at 5% per annum compounded yearly for 2 years?
- ₹1,000
- ₹1,025
- ₹1,050
- ₹1,100
Directions : SSC 2022 question
Q. 11 of Quiz-2112 (Que-ID : 4664)A sum of ₹8,000 amounts to ₹9,261 in 2 years at compound interest. What is the rate of interest?
- 5%
- 7.5%
- 10%
- 12.5%
Directions : SSC 2021 question
Q. 16 of Quiz-2112 (Que-ID : 4665)At what rate of simple interest will a sum of money double itself in 12 years?
- 8.33%
- 10%
- 12%
- 14%
Directions : SSC 2020 question
Q. 18 of Quiz-2112 (Que-ID : 4666)At what rate will ₹10,000 amount to ₹11,000 in 2 years at compound interest?
- 4.88%
- 5%
- 9.53%
- 10%
Directions : Calculate the final amount after 3 years
Q. 6 of Quiz-2112 (Que-ID : 4667)If a sum of ₹2,000 is invested at an interest rate of 6% per annum compounded annually for 3 years, what will be the amount after 3 years?
- ₹2,120
- ₹2,382.03
- ₹2,000
- ₹2,500
Directions : DSSSB 2021 question
Q. 20 of Quiz-2112 (Que-ID : 4668)The compound interest on ₹4,000 for 2 years at 5% per annum compounded annually is:
- ₹410
- ₹400
- ₹420
- ₹450
Directions : DSSSB 2020 question
Q. 13 of Quiz-2112 (Que-ID : 4669)In how many years will a sum of ₹1,000 become ₹1,210 at 10% compound interest per annum?
- 1 year
- 2 years
- 3 years
- 4 years
Directions : Choose the correct formula for compound interest
Q. 5 of Quiz-2112 (Que-ID : 4670)What is the formula for calculating compound interest annually?
- A = P(1 + R/100)^T
- A = P + (R x T) / 100
- A = P x R x T
- A = P x T x (R / 100)
Directions : Calculate the rate of interest
Q. 10 of Quiz-2112 (Que-ID : 4671)A sum of money becomes ₹6,000 in 2 years and ₹6,600 in 3 years at compound interest. What is the rate of interest?
- 5%
- 10%
- 15%
- 20%
More MCQs In - Mathematics Class 8th
Directions : Choose the correct difference
Q. 7 of Quiz- (Que-ID : 4660)The difference between simple interest and compound interest on ₹5,000 for 2 years at a rate of 5% per annum is:
- ₹6.25
- ₹12.50
- ₹25
- ₹50
In an election between two candidates 10% voters doesn’t cast their votes and 85 votes were de
- 400
- 600
- 800
- 1000
Directions : Area
Q. 7 of Quiz- (Que-ID : 418)If the length and breadth of a rectangular plot are increased by 50% and 20% respectively, how many times will be the new area of the old area?
- 1 and 4/5
- 2
- 3 and 2/5
- 5 and 1/5
Conversion of heat into electrical energy can be achieved by using a -
- ammeter
- Hydrometer
- Voltmeter
- Thermocouple
Directions : SSC 2018 question
Q. 14 of Quiz- (Que-ID : 4661)The difference between compound interest and simple interest on a sum of ₹5,000 for 3 years at 8% per annum is:
- ₹24
- ₹32
- ₹40
- ₹50
Directions : Choose the correct representation of 'P' in the formula
Q. 2 of Quiz- (Que-ID : 4658)What does 'P' represent in the simple interest formula?
- Rate of interest
- Time period
- Principal amount
- Final amount
Directions : Choose the correct formula for simple interest
Q. 1 of Quiz- (Que-ID : 4659)What is the formula for calculating simple interest?
- SI = (P x R x T) / 100
- SI = (P x R) / T
- SI = (P + R + T) / 100
- SI = (R x T) / P
Atmospheric pressure exerted on earth due to
- gravitational pull
- rotation of earth
- revolution of earth
- uneven heating of earth
Directions : DSSSB 2021 question
Q. 15 of Quiz- (Que-ID : 4663)What is the compound interest on ₹10,000 at 5% per annum compounded yearly for 2 years?
- ₹1,000
- ₹1,025
- ₹1,050
- ₹1,100
Directions : (प्रश्न 1 से 5 ) दिए गए 4 विकल्पों में से मुहावरे का सही अर्थ छाँटिए।
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- अस्वस्थ होना
- बोलती बंद हो जाना
- आर्थिक स्थिति खराब होना
Which organ in the human body helps to maintain balance ?
- Heart
- Liver
- Ear
- Brain
In human body percentage of which element is highest?
- Hydrogen
- Nitrogen
- Carbon
- Oxygen
Directions :
A mirage is the result of -
- The reflection of light from hot sand
- Fluctuation in the refractive index of the atmosphere with height
- Increase in the refractive index of the atmosphere with height
- decrease in the refractive index of the atmosphere with height
Directions : Ratio and compound ratio
Q. 10 of Quiz- (Que-ID : 421)Find out the ratio whose value is 2/3 and the antecedent is 18
- 18:27
- 02:03
- 20:30
- 180:270
The average weight of A, B and C is 45 kg, that of A and B is 40 kg and B and C is 43 kg. What is the weight of B?
- 17 kg
- 26 kg
- 20 kg
- 31 kg
Which acid is produced in human stomach for digestion purpose ?
- Sulphuric Acid
- Hydrochloric Acid
- Acetic Acid
- Nitric Acid
Directions : DSSSB 2020 question
Q. 13 of Quiz- (Que-ID : 4669)In how many years will a sum of ₹1,000 become ₹1,210 at 10% compound interest per annum?
- 1 year
- 2 years
- 3 years
- 4 years
Directions : (प्रश्न 16 से 20) प्रत्येक प्रश्न में दिए गए वाक्य को व्यक्त करने के लिए उपयुक्त लोकोक्ति का चयन कीजिए।
Q. 18 of Quiz- (Que-ID : 1008)विवशतावश कोई काम करना, इस वाक्य को व्यक्त करने के लिए उपयुक्त लोकोक्ति है -
- रपट पड़े की हर गंगा
- दबी बिल्ली चूहे से कान कटाती है
- वक़्त पर गधे को भी बाप कहा जाता है
- उतर गयी लोई तो क्या करेगा कोई
Origin of KRISHNA RIVER
- Western Ghats near Mahabaleshwar in Maharashtra
- Karnatak
- Kerala
- Talakaveri in Western Ghats in Karnataka
Directions : (प्रश्न 16 से 20) प्रत्येक प्रश्न में दिए गए वाक्य को व्यक्त करने के लिए उपयुक्त लोकोक्ति का चयन कीजिए।
Q. 20 of Quiz- (Que-ID : 1010)अपनी शक्ति के अनुसार ही खर्च करना -
- घर गेंहू तो कनक उधरौ
- कर वहिना बल आपनी
- तेते पांव पसारिये जेती लंबी सौर
- खरी मजूरी चोखा काम
Directions : Problems based on numbers
Q. 5 of Quiz- (Que-ID : 416)The sum of three consecutive odd numbers is 20 more than the first number of these. What is the middle number?
- 7
- 8
- 12
- 9
Which nutrient provides the maximum energy on breakdown?
- Fibres
- Proteins
- Fats
- Carbohydrates
The modern periodic table was prepared by -
- Dobereiner
- Newlands
- Bohr
- Mendeleev
Lights enters the eye through a thin membrane called
- retina
- cornea
- pupil
- iris
Directions : SSC 2019 question
Q. 12 of Quiz- (Que-ID : 4654)The simple interest on a sum of ₹12,000 at 6% per annum for 4 years is:
- ₹2,880
- ₹2,400
- ₹3,000
- ₹2,700
Which of the river flows toward ARABIAN SEA ?
- Ganga
- Kaveri
- Krishna
- Tapti
Directions : Choose the correct formula for compound interest
Q. 5 of Quiz- (Que-ID : 4670)What is the formula for calculating compound interest annually?
- A = P(1 + R/100)^T
- A = P + (R x T) / 100
- A = P x R x T
- A = P x T x (R / 100)
Directions : Calculate the rate of interest
Q. 10 of Quiz- (Que-ID : 4671)A sum of money becomes ₹6,000 in 2 years and ₹6,600 in 3 years at compound interest. What is the rate of interest?
- 5%
- 10%
- 15%
- 20%
In a freezer ice cube will be formed more quickly in trays made of
- rubber
- plastic
- aluminium
- wood
Directions : (प्रश्न 1 से 5 ) दिए गए 4 विकल्पों में से मुहावरे का सही अर्थ छाँटिए।
Q. 3 of Quiz- (Que-ID : 993)बाल की खाल निकलना -
- हजामत करना
- कष्ट पहुंचाना
- अधिक छानबीन करना
- कष्ट पहुंचाना
The exposed skin of our body starts cracking in winter season due to
- rainy season,
- high humidity
- summer season
- low humidity
Which of the following burns by producing a yellow, luminous flame ?
- coal
- LPG
- Wax
- charcoal
Directions : use basic concept of ratio and proportion to solve these questions
Q. 1 of Quiz- (Que-ID : 947)What number has 5 to 1 ratio to the number 10?
- 42
- 55
- 50
- 60
If 3 men and 4 boys complete a work in 7 days and 2 men and 3 boys do the same work in 10 days . In
- 5 days
- 3 days
- 7 days
- 6 days
In the visible spectrum the colour having t he shortest wavelength is-
- Violet
- blue
- yellow
- Red
Directions : SSC 2018 question
Q. 14 of Quiz- (Que-ID : 4661)The difference between compound interest and simple interest on a sum of ₹5,000 for 3 years at 8% per annum is:
- ₹24
- ₹32
- ₹40
- ₹50
What is the full form of RADAR ?
- Radio Detecting and Ranging
- Radio Detect and Rangs
- Radio Device and Ranging
- Region Device and Ranging
Which one of the following is the largest composition in biogas ?
- Carbon dioxide
- Methane
- Hydrogen
- Hydrogen sulphide
Directions : (प्रश्न 6 से 10 ) दिए गए वाक्य के संदर्भ में उपयुक्त मुहावरा छाँटिए।
Q. 10 of Quiz- (Que-ID : 1000)अत्यधिक परिश्रम के फलस्वरूप वह एकदम थककर बैठ गया है -
- निढाल हो जाना
- चूर चूर हो जाना
- अंग अंग ढीला होना
- अस्त व्यस्त हो जाना
The Capacity of a Communication Channel is Measured in
- Band rate
- Band width
- Data flow
- Bit capacity
Vinegar is also known as -
- ethanoic acid
- nitric acid
- sulphuric acid
- tartaric acid
Directions : (प्रश्न 11 से 15) दी गयी लोकोक्तियो के लिए नीचे दी गये चार विकल्पों में से उपयुक्त अर्थ का चयन कीजिए।
Q. 13 of Quiz- (Que-ID : 1003)पढ़ें फ़ारसी बेचें तेल, यह देखो कुदरत का खेल -
- बेकार रहना
- विद्या का अपमान करना
- फारस में पढ़े लिखे लोग तेल बेचने का व्यापार करते हैं।
- योग्यता की तुलना में विवशता के कारण निम्न स्तर का कार्य करना
Chromosome number in any species
- increase by age
- decrease by age
- is constant
- increase with the weight
How much amount of urea will be required for supplying 1 kg of nitrogen ?
- 2.0 kg
- 2.2 kg
- 2.5 kg
- 2.7 kg
Origin of Bramaputra River
- Yamunotri Glacier, Uttarakhand
- Angsi Glacier in the Himalayas in Tibet,
- Ladakh
- Srinagar
Directions : Calculate the simple interest for given values
Q. 3 of Quiz- (Que-ID : 4652)If the principal is ₹1,000, the rate of interest is 5% per annum, and the time is 2 years, what is the simple interest?
- ₹100
- ₹200
- ₹300
- ₹400