Selected MCQ

Current Question
Rs. 5000 invested at 8% yields what amount?
  • A. 7401.22
  • B. 3456
  • C. 4567
  • D. 7890
Correct Answer: A
Explanation:
Compound interest formula.
Related Question 1
Selling a house for Rs. 45000 yields a 1/8 gain. What price gives 5% loss?
  • A. Rs. 38750
  • B. Rs. 38000
  • C. Rs. 40000
  • D. Rs. 42000
Correct Answer: B
Explanation:
Find CP, then apply loss.
Related Question 2
A sum of Rs. 4800 is invested at compound interest for 3 years. What is the amount?
  • A. Rs. 2520
  • B. Rs. 3120
  • C. Rs. 3320
  • D. Rs. 2760
Correct Answer: B
Explanation:
Apply the CI formula A = P(1+r)³.
Related Question 3
Value of the plant depreciates 10% annually. Find the present value after 2 years, given the initial amount.
  • A. Rs. 8000
  • B. Rs. 10000
  • C. Rs. 18000
  • D. Rs. 8100
Correct Answer: D
Explanation:
Value = P(0.9)².
Related Question 4
The principal that amounts to Rs. 4913 in 3 years at 6¼% per annum compound interest is ____.
  • A. Rs. 3096
  • B. Rs. 4076
  • C. Rs. 4085
  • D. Rs. 4096
Correct Answer: D
Explanation:
Using the compound interest formula, principal = 4913 / (1.0625 ) ) )³ = 4096.
Related Question 5
The population of a town increased from 175000 to 262500 in 10 years. Find the average annual percentage increase.
  • A. 4.37%
  • B. 5%
  • C. 6%
  • D. 8.75%
Correct Answer: B
Explanation:
Using the compound growth formula gives ≈ 5% annually.