Free Percentages MCQs with Answers

• A. Rs.140
• B. Rs.120
• C. Rs.130
• D. Rs.110
• E. None of these.Enrolling In Online Certification Courses

Explanation: With yearly compounding, the one-year interest is Rs. 12,000 x 20% = Rs. 2,400.

• A. Rs.18000
• B. Rs.17000
• C. Rs.18500
• D. Rs.17500
• E. None of these.

Explanation: For two years, compound interest minus simple interest equals P x r^2. Here the difference is Rs. 11,730 - Rs. 10,200 = Rs.

• A. Rs.7500
• B. Rs.7000
• C. Rs.8000
• D. Rs.6500
• E. None of these

Explanation: For two years, the excess of compound interest over simple interest is P x r^2. Thus Rs. 48 = P x (0.08)^2, so P = Rs. 48/0.0064 = Rs.

• A. Rs.20043.94
• B. Rs.18654.81
• C. Rs.20264.46
• D. Rs.19612.41
• E. None of these

Explanation: The simple interest equation gives Rs. 17,820 = Rs. 49,500 x r x 3, so r = 0.12, or 12% per year. Compound interest is Rs.

• A. Rs.500
• B. Rs.250
• C. Rs.5012.50
• D. Rs.5062.50
• E. None of these.

Explanation: From Rs. 500 = P x 5% x 2, the original principal is P = Rs. 500/0.10 = Rs. 5,000, so twice the principal is Rs. 10,000.

• A. Rs.2520
• B. Rs.3120
• C. Rs.3320
• D. Rs.2760
• E. None of these

Explanation: Apply each year's rate to the growing balance: Rs. 4,800 x 1.10 x 1.20 x 1.25 = Rs. 7,920. Therefore, the total compound interest is Rs.

• A. 18% p.a.
• B. 22% p.a.
• C. 20% p.a.
• D. 24% p.a.
• E. None of these.

Explanation: The third year's compound interest equals the second year's interest multiplied by 1 + r, because the second-year interest also earns…

• A. Rs.4273
• B. Rs.4613
• C. Rs.4064
• D. Rs.4266
• E. None of these

Explanation: The two-year compound interest is Rs. 14,800 x [(1.135)^2 - 1] = Rs. 14,800 x 0.288225 = Rs. 4,265.73.

• A. Rs.18,828.80
• B. Rs.19,828.80
• C. Rs.18,028.80
• D. Rs.17,828.80
• E. None of these

Explanation: For two years at 8%, compound interest is P x [(1.08)^2 - 1] = P x 0.1664. Therefore P = Rs. 2,828.80/0.1664 = Rs.

• A. Rs.460
• B. Rs.5640
• C. Rs.5460
• D. Rs.5604

Explanation: The first year's balance is Rs. 5,000 x 1.04 = Rs. 5,200. Applying the second year's 5% rate gives Rs. 5,200 x 1.05 = Rs.

• A. 10
• B. 11
• C. 10.25
• D. 10.15

Explanation: The total annual increase is 4% + 1% = 5%. Over 2 years, the population becomes 1.05 x 1.05 = 1.1025 of the original, so the percentage…

• A. Rs.150
• B. Rs.140
• C. Rs.130
• D. Data insufficient for the answer

Explanation: The simple-interest amount gives P(1 + 2r) = Rs.1344, but both the principal P and rate r are unknown.

• A. Rs.2205
• B. Rs.2200
• C. Rs.2160
• D. Rs.2040

Explanation: For quarterly compounding, the 20% annual rate becomes 20%/4 = 5% per quarter, and 6 months contains 2 quarters.

• A. Rs.482
• B. Rs.424
• C. Rs.842
• D. Rs.512

Explanation: With half-yearly compounding, Amount = Rs.20000 x 1.10⁴ = Rs.29282, while yearly compounding gives Rs.20000 x 1.20² = Rs.28800.

• A. 8500
• B. 8000
• C. 8100
• D. 8400Downloading Interactive Party Trivia Games

Explanation: Let the initial population be P. After a 10% increase and then a 10% decrease, it becomes P x 1.10 x 0.90 = 0.99P, so 0.99P = 7920 and P =…

• A. Rs.10
• B. Rs.2
• C. Rs.5
• D. Rs.3

Explanation: For 2 years, the compound-interest excess over simple interest is P x r² = Rs.1250 x (0.04)² = Rs.1250 x 0.0016 = Rs.2.

• A. Rs.635.50
• B. Rs.613.50
• C. Rs.675.50
• D. Rs.653.50

Explanation: After 2 years, the debt is Rs.4000 x 1.05² = Rs.4410; after repaying Rs.2210, Rs.2200 remains.

• A. Rs.81000
• B. Rs.80000
• C. Rs.75000
• D. Rs.64000

Explanation: An increase by 1/8 means each year the amount is multiplied by 1 + 1/8 = 9/8.

• A. Rs.1261
• B. Rs.9261
• C. Rs.9621
• D. Rs.9162

Explanation: Quarterly compounding makes the rate 20%/4 = 5% per quarter, and 9 months contains 3 quarters.

• A. Rs.8000
• B. Rs.8400
• C. Rs.7500
• D. None

Explanation: The amount grows from Rs.8820 in year 2 to Rs.9261 in year 3, so the one-year growth factor is Rs.9261/Rs.8820 = 1.05, giving a 5% rate.