MCQs: A car is purchased on hirepurchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly installments. Interest is charged at 12% p.a. What is the monthly installment?
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MCQs: A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?
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MCQs: A lends Rs. 1500 to B and a certain sum to C at the same time at 8% per annum simple interest. If after 4 years, A altogether receives Rs. 1400 as interest from B and C, then the sum lent to C is________?
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MCQs: Mr. Tassawar Javed invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
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MCQs: The simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year is_________?
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MCQs: An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?
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MCQs: A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will?
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MCQs: What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum ?
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MCQs: Nabeela took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?
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MCQs: A man took a loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was :
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MCQs: A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest What is the rate of interest ?
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MCQs: A sum of money amounts to Rs 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is :
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: A sum of money trebles itself in 15 years, 6 months. In how many years would it double itself ?
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years ?
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes :_________?
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MCQs: An order was placed for the supply of a carper whose length and breadth were in the ratio of 3 : 2. Subsequently, the dimensions of the carpet were altered such that its length and breadth were in the ratio 7 : 3 but were was no change in its parameter. Find the ratio of the areas of the carpets in both the cases.
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: The sector of a circle has radius of 21 cm and central angle 135o. Find its perimeter?
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MCQs: The length of a rectangle is two – fifths of the radius of a circle. The radius of the circle is equal to the side of the square, whose area is 1225 sq.units. What is the area (in sq.units) of the rectangle if the rectangle if the breadth is 10 units?
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MCQs: Find the area of a rhombus whose side is 25 cm and one of the diagonals is 30 cm?
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MCQs: The ratio of the volumes of two cubes is 729 : 1331. What is the ratio of their total surface areas?
Category: Mathematics Quizzes, Published by: TCode Scripts
