Simple & Compound Interest MCQs for LDC
Practice 20 free Simple & Compound Interest questions under Arithmetic — Maths.
Strengthen your Simple & Compound Interest knowledge for LDC with curated MCQs. Switch between Hindi and English anytime.
LDC — Arithmetic — Simple & Compound Interest
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
A shopkeeper sells an article at a loss of 10%. Had he sold it for Rs. 60 more, he would have gained 5%. What is the cost price of the article?
Question 2 of 20
The compound interest on a certain sum for 2 years is Rs. 410 and the simple interest is Rs. 400. Find the principal.
Question 3 of 20
The simple interest on a sum is calculated at 4% for the first 2 years, 6% for the next 3 years, and 8% for the next 4 years. If the total interest is Rs. 1160, find the principal.
Question 4 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 5 of 20
If the difference between simple interest and compound interest on a certain sum at 5% per annum for 2 years is Rs 15, find the sum.
Question 6 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 7 of 20
A sum of money doubles itself in 4 years at compound interest. In how many years will it amount to 8 times itself?
Question 8 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 9 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 10 of 20
A loan is repaid in two equal annual installments of Rs. 441. If the rate of compound interest is 5% per annum, what was the total sum borrowed?
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
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 13 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 14 of 20
Two equal sums of money are lent at the same time at 8% and 7% per annum simple interest. The former is recovered 6 months earlier than the latter, and the amount in each case is Rs. 2560. What is the sum?
Question 15 of 20
At what rate percent per annum simple interest will a sum triple itself in 16 years?
Question 16 of 20
A sum becomes 3 times in 5 years at simple interest. In how many years will it become 7 times at the same rate?
Question 17 of 20
A sum triples itself in 10 years at simple interest. Find the rate of interest per annum.
Question 18 of 20
A sum of Rs. 12000 amounts to Rs. 13230 in 2 years at CI. What is the rate of interest?
Question 19 of 20
Find the compound interest on Rs 10,000 for 1 year at 20% per annum compounded half-yearly.
Question 20 of 20