Maths Practice Question and Answer

Q:

A bank offers 15 % compound interest per half-year. A customer deposits Rs 2400 each on 1 January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is –

3691 0

  • 1
    Rs. 2268
    Correct
    Wrong
  • 2
    Rs. 1134
    Correct
    Wrong
  • 3
    Rs. 567
    Correct
    Wrong
  • 4
    Rs. 283
    Correct
    Wrong
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Answer : 2. "Rs. 1134 "

Q:

One certain Principal if the Simple interest for two years is Rs 2400 and Compound interest for the two years is Rs 2544, what is the rate of Interest? 

8995 0

  • 1
    12 %
    Correct
    Wrong
  • 2
    6 %
    Correct
    Wrong
  • 3
    24 %
    Correct
    Wrong
  • 4
    18 %
    Correct
    Wrong
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Answer : 1. "12 % "

Q:

Two equal sum were lent out at 7% and 5% S.I respectively. The interest earned on the two loans add up to ₹960 for 4 years. The total sum lent out is 

1890 0

  • 1
    ₹ 3500
    Correct
    Wrong
  • 2
    ₹ 2500
    Correct
    Wrong
  • 3
    ₹ 2000
    Correct
    Wrong
  • 4
    ₹ 3000
    Correct
    Wrong
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Answer : 3. "₹ 2000 "

Q:

Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9 % p. a. for the next five years and 13 % p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is ₹8,160, the money borrowed by him ( in ₹ ) was -  

1853 0

  • 1
    12,000
    Correct
    Wrong
  • 2
    6,000
    Correct
    Wrong
  • 3
    8,000
    Correct
    Wrong
  • 4
    10,000
    Correct
    Wrong
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Answer : 3. "8,000 "

Q:

If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have – 

1745 0

  • 1
    $$x^2=xy$$
    Correct
    Wrong
  • 2
    xyz = 1
    Correct
    Wrong
  • 3
    $$x^2=xy$$
    Correct
    Wrong
  • 4
    $$y^2=zx$$
    Correct
    Wrong
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Answer : 4. "$$y^2=zx$$"

Q:

The simple interest on ₹ 4,000 in 3 years at the rate of x % per annum equals the simple interest on ₹ 5,000 at the rate of 12% per annum in 2 years. The value of x is 

1420 0

  • 1
    10 %
    Correct
    Wrong
  • 2
    6 %
    Correct
    Wrong
  • 3
    8 %
    Correct
    Wrong
  • 4
    9 %
    Correct
    Wrong
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Answer : 1. "10 % "

Q:

A shopkeeper allows 23 % commission on his advertised price and still makes a profit of 10 %. If he gains Rs.56 on one item, his advertised price of the item, in Rs. is 

1426 0

  • 1
    820
    Correct
    Wrong
  • 2
    780
    Correct
    Wrong
  • 3
    790
    Correct
    Wrong
  • 4
    800
    Correct
    Wrong
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Answer : 4. "800"

Q:

The cost price of an article is Rs. 800. After allowing a discount of 10 %, a gain of 12.5 % is made. Then the marked price of the article is 

1873 0

  • 1
    Rs. 1,000
    Correct
    Wrong
  • 2
    Rs.1,100
    Correct
    Wrong
  • 3
    Rs. 1,200
    Correct
    Wrong
  • 4
    Rs. 1,300
    Correct
    Wrong
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Answer : 1. "Rs. 1,000 "

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