Previous Year Papers

Download Solved Question Papers Free for Offline Practice and view Solutions Online.

Test Series

Take Zigya Full and Sectional Test Series. Time it out for real assessment and get your results instantly.

Test Yourself

Practice and master your preparation for a specific topic or chapter. Check you scores at the end of the test.
Advertisement

 Multiple Choice QuestionsMultiple Choice Questions

31.

A sum of money lent at compound interest amounts to Rs. 1460 in 2 years and to Rs. 1606 in 3 years. The rate of interest per annum is

  • 12%

  • 11%

  • 10.5%

  • 10.5%

204 Views

32.

The compound interest on Rs. 6250 at 12% per annum for 1 year, compound half-yearly is

  • Rs 772.50

  • Rs. 772

  • Rs. 672.50

  • Rs. 672.50

182 Views

33.

A sum of money placed at compound interest doubles itself in 5 years. It will amount to eight times of itself at the same rate of interest in

  • 20 years

  • 10 years

  • 12 years

  • 15 years

211 Views

34.

A sum of money is paid back in two annual instalments of Rs. 17,640 each, allowing 5% compound interest compounded annually. The sum borrowed was

  • ₹ 32,800

  • ₹ 32,200

  • ₹ 32,000

  • ₹ 32,400

539 Views

Advertisement
35.

A man invested a sum of money at compound interest. It amounted to Rs. 2420 in 2 years and to Rs. 2662 in 3 years. Find the sum.

  • Rs. 1000

  • Rs. 2000

  • Rs. 5082

  • Rs. 5082

577 Views

36.

The compound interest on Rs.30,000 at 7% per annum for n years is Rs. 4347. The value of n is

  • 3

  • 2

  • 4

  • 4

278 Views

37.

The compound interest on â‚¹ 24,000/- at 10% per annum for 1 1 half space years comma interest being compounded semi-annually is

  • ₹ 3,783

  • ₹ 3,777

  • ₹ 3,780

  • ₹ 3,781

56 Views

38.

What would be the compound interest of â‚¹ 25,000/- for 2 years at 5% per annum?

  • ₹ 2,500

  • ₹ 2,562.5

  • ₹ 2,425.25

  • ₹ 5,512.5

57 Views

Advertisement
Advertisement

39.

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is â‚¹ 1/-. The sum (in ₹) is:

  • ₹ 620/-

  • ₹ 630/-

  • ₹ 640/-

  • ₹ 625/-


D.

₹ 625/-

Shortcut Method:
Principal left parenthesis straight P right parenthesis space equals fraction numerator space Difference left parenthesis straight D right parenthesis space straight x space left parenthesis 100 right parenthesis over denominator straight r squared end fraction squared
straight P space equals space fraction numerator 1 space cross times space 100 space cross times space 100 over denominator 4 space cross times space 4 end fraction
straight P space equals space ₹ space 625 divided by negative

51 Views

Advertisement
40.

The compound interest on Rs 1,000/- at 10% per annum for 3 years (in Rs) is:

  • Rs. 1,331/-

  • Rs. 331/-

  • Rs. 300/-

  • Rs. 1,300/-

45 Views

Advertisement