Simple & Compound Interest MCQs for Patwari

Practice 20 free Simple & Compound Interest questions under ArithmeticMaths.

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

Patwari — Arithmetic — Simple & Compound Interest

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

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

Question 2 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 3 of 20

A sum of money invested at CI to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate of interest per annum is:

Question 4 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 5 of 20

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

Question 6 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 7 of 20

Find the compound interest on Rs 10,000 for 1 year at 20% per annum compounded half-yearly.

Question 8 of 20

A sum of money becomes 5 times of itself in 20 years at simple interest. Find the rate of interest.

Question 9 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 10 of 20

A sum amounts to Rs 1600 in 2 years and Rs 1728 in 3 years at compound interest. Find the rate of interest.

Question 11 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 12 of 20

Find the compound interest on Rs 10,000 at 20% p.a. for 1 year, compounded half-yearly.

Question 13 of 20

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

Question 14 of 20

Find the compound interest on Rs. 10000 for 1.5 years at 20% per annum, compounded half-yearly.

Question 15 of 20

The simple interest on a sum of money is 1/9 of the principal, and the number of years is equal to the rate percent per annum. Find the rate percent.

Question 16 of 20

A sum of money doubles itself in 5 years at simple interest. Find the rate of interest per annum.

Question 17 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 18 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 19 of 20

A loan of Rs. 2100 is to be paid back in 2 equal annual installments. If the compound interest is 10% p.a., find the value of each installment.

Question 20 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.

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