36500+ Important MCQs for RAILWAY
36500+ MCQs for RAILWAY are available here. You can learn these questions for your better preparation. Questions are available with its correct answer. You can check the correct answer of any questions by clicking the option or show answer button.
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Q. If the rate of interest be 4% per annum for first year, 5% per annum foe second year and 6% per annum for third year, then the compound interest of Rs.10000 for three years will be ?
✅ Correct Answer: (A)
Rs. 1575.20
Q. What will be the compound interest accrued on an amount of Rs.10000 @ 20 p.c.p.a in 2 years if the interest is compounded half - yearly?
✅ Correct Answer: (C)
Rs. 4641
Q. A sum of money invested at compound interest amounts to Rs. 650 at the end of first year and Rs. 676 at the end of second year. The sum of money is = ?
✅ Correct Answer: (C)
Rs. 625
Q. The principal which will amounts to Rs. 270.40 in 2 years at the rate of 4% per annum compound interest, is = ?
✅ Correct Answer: (C)
Rs. 250
Q. A bank offers 5% compound interest calculated on half yearly basis. A customer deposits Rs.1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is = ?
✅ Correct Answer: (B)
Rs. 121
Q. Mr. Duggal invested Rs. 20000 with rate of interest @ 20 p.c.p.a. The interest was compounded half - yearly for first one year ans in the next year it was compounded yearly. What will be the total interest earned at the end of 2 year ?
✅ Correct Answer: (C)
Rs. 9040
Q. The compound interest on a certain sum of money at a certain rate for 2 years is Rs. 40.80 and the simple interest on the same sum is Rs. 40 at the same rate and for the same time. The rate of interest is = ?
✅ Correct Answer: (C)
4% per annum
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