Simple & Compound Interest MCQs for CET Graduate

Practice 20 free Simple & Compound Interest questions under ArithmeticMaths.

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

CET Graduate — Arithmetic — Simple & Compound Interest

20 Questions • Instant results & explanations • Hindi & English

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Question 1 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 2 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 3 of 20

Two alloys A and B contain gold and copper in the ratio 7:2 and 7:11 respectively. If equal quantities of the alloys are melted to form a new alloy C, what is the ratio of gold and copper in C?

Question 4 of 20

What is the compound interest on Rs. 8000 for 2 years at 5% per annum?

Question 5 of 20

An amount doubles itself in 5 years at simple interest. In how many years will it become 5 times of itself at the same rate?

Question 6 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 7 of 20

Rs. 4000 is lent in two parts, one at 8% SI and the other at 10% SI. If the total annual interest is Rs. 352, find the amount lent at 8%.

Question 8 of 20

A man sells an article at 10% profit. If he had bought it at 10% less and sold it for Rs. 2 less, he would have gained 16 2/3%. Find the Cost Price.

Question 9 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 10 of 20

Water tax is increased by 20% but its consumption is decreased by 20%. Then the increase or decrease in the expenditure of money is:

Question 11 of 20

If 5 times the cost price is equal to 4 times the selling price, what is the profit or loss percentage?

Question 12 of 20

At what rate of compound interest per annum will a sum of Rs. 12000 become Rs. 20736 in 3 years?

Question 13 of 20

The difference between simple interest and compound interest for 3 years at 10% per annum is ₹62. Find the principal sum.

Question 14 of 20

A sum of Rs. 1500 is lent out in two parts, one at 10% and the other at 7%. If the total simple interest in 3 years is Rs. 396, find the sum lent at 10%.

Question 15 of 20

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

Question 16 of 20

A merchant marks his goods 40% above the cost price and allows a 20% discount on the marked price. What is his profit percentage?

Question 17 of 20

If A's salary is 25% more than B's salary, then by what percentage is B's salary less than A's salary?

Question 18 of 20

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

Question 19 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 20 of 20

A sum of money amounts to Rs. 2420 in 2 years and Rs. 2662 in 3 years at compound interest. Find the rate of interest per annum.

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