Selected MCQ

Current Question
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 1
A person invests Rs. 5000 at 10% and Rs. 3000 at 12%. Total interest is ____.
  • A. Rs. 860
  • B. Rs. 900
  • C. Rs. 800
  • D. Rs. 840
Correct Answer: A
Explanation:
Interest = 500 + 360 = 860.
Related Question 2
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 3
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 4
If Kashif invests thrice of Nadeem, total profit is Rs. 28000. Share of Kashif is ____.
  • A. Rs. 16000
  • B. Rs. 21000
  • C. Rs. 24000
  • D. Rs. 28000
Correct Answer: B
Explanation:
Ratio 3:1 → Kashif gets ¾ = Rs. 21000.
Related Question 5
Asghar travels to the office and returns at different speeds. What is the total distance?
  • A. 3000 m
  • B. 7500 m
  • C. 3750 m
  • D. 7000 m
Correct Answer: C
Explanation:
Average speed formula applied.