Selected MCQ

Current Question
If 600x = 12000, then x = ____.
  • A. 10
  • B. 15
  • C. 20
  • D. 25
Correct Answer: C
Explanation:
x = 12000/600.
Related Question 1
There is a 60% increase in a sum in 6 years at simple interest. What will be the compound interest on Rs. 12000 for 3 years at the same rate?
  • A. Rs. 2160
  • B. Rs. 3120
  • C. Rs. 3972
  • D. Rs. 6240
Correct Answer: C
Explanation:
Rate = 10%, CI = 12000[(1.1)³ − 1] = 3972.
Related Question 2
The simple interest on Rs. 12000 for 5 years is Rs. 7200. Find the compound interest for the same period and rate.
  • A. Rs. 3502.80
  • B. Rs. 3052.40
  • C. Rs. 3054.80
  • D. Rs. 3052.80
Correct Answer: D
Explanation:
Rate = 12%, apply the compound interest formula.
Related Question 3
The marked price of a VCR is Rs. 12000. After successive discounts of 15%, 10% and another discount, find the selling price.
  • A. Rs. 8400
  • B. Rs. 8721
  • C. Rs. 8856
  • D. None of these
Correct Answer: B
Explanation:
Applying successive discounts gives Rs. 8721.
Related Question 4
If Masood invests Rs. 12000 at 12% and rest at 15%, total return is ____.
  • A. Rs. 4500
  • B. Rs. 6000
  • C. Rs. 5500
  • D. Rs. 4000
Correct Answer: D
Explanation:
The weighted average is Rs. 4000.
Related Question 5
A, B, C invest Rs. 8000, Rs. 10000, Rs. 12000. Total profit is Rs. 3000. Find C’s share.
  • A. Rs. 300
  • B. Rs. 400
  • C. Rs. 500
  • D. Rs. 600
Correct Answer: D
Explanation:
Ratio = 8:10:12 → C gets Rs. 600.