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Compound Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)

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91. Rs.6000 becomes Rs.7200 in 4 years at a certain rate of interest. If the rate becomes 1.5 times of itself. The amount of the same principle in 5 years will be?

  • Rs.8250
  • Rs. 8200
  • Rs. 8000
  • Rs. 4000

92. Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?

  • Rs.12500
  • Rs. 12000
  • Rs. 12550
  • Rs. 12555

93. At what rate of simple interest a certain sum will be doubled in 15 years?

  • 6 2/3 % p.a
  • 6 % p.a
  • 6 1/3 % p.a
  • 6 1/2 % p.a

94. A certain sum is interested in simple interest if it triples in 10 years. What is the rate of interest?

  • 20 % p.a
  • 40% p. a
  • 10% p.a
  • 5 % p. a

95. In how many years a sum will be thrice of it at the rate of 10% per annum?

  • 20 Years
  • 10 years
  • 15 years
  • 25 years