Simple & Compound Interest MCQs for CET 12th Level

Practice 20 free Simple & Compound Interest questions under ArithmeticMaths.

Strengthen your Simple & Compound Interest knowledge for CET 12th Level with curated MCQs. Switch between Hindi and English anytime.

CET 12th Level — Arithmetic — Simple & Compound Interest

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

A sum of money becomes 3 times of itself in 10 years at simple interest. What is the rate of interest per annum?

Question 2 of 20

A certain sum of money amounts to Rs 928 in 2 years and to Rs 1056 in 4 years at simple interest. Find the principal.

Question 3 of 20

A sum triples itself in 10 years at simple interest. Find the rate of interest per annum.

Question 4 of 20

The difference between CI and SI on a sum for 3 years at 10% per annum is Rs. 155. Find the sum.

Question 5 of 20

The difference between compound interest and simple interest on a sum of Rs 5000 for 2 years at 10% per annum is:

Question 6 of 20

A housewife has 1000 ml of mixture that contains milk and water in the ratio of 3:1. She adds 250 ml of mixture of milk and water in the ratio of 3:2 in it. Then she uses 250 ml of the combined mixture to make curd. How much of pure milk is left in the mixture remained?

Question 7 of 20

The difference between simple and compound interest on a sum for 3 years at 10% per annum is Rs. 155. Find the sum.

Question 8 of 20

The Simple Interest on a sum for 2 years is Rs. 400 and Compound Interest is Rs. 410. Find the rate of interest per annum.

Question 9 of 20

A sum of money invested at Simple Interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

Question 10 of 20

A reduction of 21% in the price of rice enables a person to buy 10.5 kg more for Rs. 1000. What is the reduced price of rice per kg?

Question 11 of 20

The Simple Interest and Compound Interest on a certain sum for 2 years are Rs. 400 and Rs. 410 respectively. Find the rate of interest.

Question 12 of 20

The difference between simple and compound interest on a certain sum of money for 2 years at 10% per annum is Rs. 40. Find the sum.

Question 13 of 20

The difference between compound interest and simple interest on a certain sum for 2 years at 5% per annum is Rs. 25. Find the sum.

Question 14 of 20

The difference between simple interest and compound interest on a sum for 3 years at 10% per annum is Rs 31. Find the sum.

Question 15 of 20

The simple interest on a sum of Rs. 8000 at a certain rate percent per annum for 3 years is Rs. 3600. If the interest is compounded 8-monthly on the same sum at the same interest rate, then total compound interest after 2 years will be:

Question 16 of 20

A sum of money invested at compound interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. What is the rate of interest per annum?

Question 17 of 20

A sum of money becomes Rs. 3600 in 3 years and Rs. 4800 in 5 years at simple interest. Find the principal sum.

Question 18 of 20

The difference between CI and SI on Rs 5000 for 3 years at 10% per annum is?

Question 19 of 20

A person covers half of his journey at 20 km/h and the remaining half at 30 km/h. What is his average speed for the whole journey?

Question 20 of 20

The difference between CI and SI for 3 years at 10% per annum on Rs 1000 is:

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