Simple & Compound interest MCQs

Showing 50 questions (Total: 529)

Prime Bank Ltd #201

Saif deposits Tk. 300 in a Bank at 10% interest rate compounded annually. At the end of the second year, the total amount including interest will become Tk.

A: 660
B: 6363
C: 160
D: 726
Sadharan Bima Corporation #202

বার্ষিক ৪.৫% সরল সুদে কত টাকা বিনিয়োগ করলে ৪ বছরে তা ৮২৬ টাকা হবে?

ক: ৪৫৮ টাকা
খ: ৬৫০ টাকা
গ: ৭০০ টাকা
ঘ: ৭২৫ টাকা
Probashi Kallyan Bank #203

At what rate of compound interest per annum will a sum of Tk. 1200 become Tk. 1348.32 in 2 years?

A: 6%
B: 6.5%
C: 7%
D: 7.5%
Probashi Kallyan Bank #204

Reena took a loan of Tk. 1200 with simple interest for as many years as the rate of interest. If she paid Tk. 432 as interest at the end of the loan period, what was the rate of interest?

A: 3.6
B: 6
C: 18
D: None of these
Sadharan Bima Corporation #205

কোনো আসল ২০ বছরে সুদে-মূলে দ্বিগুণ হলে কত বছরে সুদে-মূলে তিনগুণ হবে --

ক: ৩০ বছরে
খ: ২৫ বছরে
গ: ৪০ বছরে
ঘ: ৬০ বছরে
Union Bank Ltd #206

A total of Tk. 1200 is deposited in two savings accounts for one year, one portion at 5% simple interest, and the rest at 7% simple interest. If Tk. 72 was earned in interest, how much was deposited at 5%?

A: 410
B: 520
C: 600
D: 650
Investment Corporation #207

The interest charged on a loan is p dollars per $1,000 for the first month and q dollars per $1,000 for each month after the first month. How much interest will be charged during the first three months on a loan of $10,000?

A: 10p+20q
B: 30q
C: 30p
D: 20p+10q
Probashi Kallyan Bank #208

বার্ষিক ১০% মুনাফায় কত বছরে ১০,০০০ টাকার মুনাফা ৬,০০০ টাকা হবে?

ক: ৭ বছর
খ: ৬ বছর
গ: ৫ বছর
ঘ: ৪ বছর
Janata Bank Ltd #209

Find the compound interest on Tk. 15,625 for 9 months at 16% per annum compounded quarterly.

A: Tk. 1851
B: Tk. 1941
C: Tk. 1951
D: Tk. 1961
Janata Bank Ltd #210

The simple interest on a certain sum of money for 2 1/2 years at 12% per annum is TK. 40 less than the simple interest on the same interest on the same sum for 3 1/2 years at 10% per annum. Find the sum.

A: TK. 700
B: TK. 800
C: TK. 900
D: None of these
Janata Bank Ltd #211

What will be the compound interest on a sum of Tk. 25000 after 3 years at the rate of 12 p.c.p.a. ?

A: Tk. 9000.30
B: Tk. 9720
C: Tk. 10483.20
D: Tk. 10123.20
Bangladesh House Building Finance Corporation #212

A person deposited Tk. 400 for 2 years, Tk. 550 for 4 years and Tk. 1200 for 6 years. He received the total simple interest of Tk. 1020. The rate of interest per annum is

A: 10%
B: 5%
C: 15%
D: 20%
Bangladesh House Building Finance Corporation #213

The compound interest on Tk. 2800 for 18 months at 10% p.a. is

A: Tk. 441.35
B: Tk. 434
C: Tk. 436.75
D: Tk. 420
Pubali Bank Ltd #214

The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Tk. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years?

A: 6%
B: 8%
C: 9%
D: 10%
Janata Bank Ltd #215

What is the amount of interest on Tk. 500 invested for nine months at the rate of 12.5% per annum ?

A: Tk. 62.50
B: Tk. 46.875
C: Tk. 83.33
D: none of these
Rajshahi Krishi Unnayan Bank #216

কোন আসল এর ৩ বছরের মুনাফা আসলে ৫,৫০০ টাকা হয়। মুনাফা, আসলের ৩/৮ অংশ হলে মুনাফার হার কত?

ক: ১২.৫%
খ: ১১.৫%
গ: ১০.৫%
ঘ: ৯.৫%
Rajshahi Krishi Unnayan Bank #217

বার্ষিক ১০.৫% মুনাফায় ৫,০০০টাকার ২ বছরের চক্রবৃদ্ধি মুনাফা কত ?

ক: ১১০৫টাকা
খ: ১০০০ টাকা
গ: ৮৫০ টাকা
ঘ: ১২০০ টাকা
Janata Bank Ltd #218

A sum of money is borrowed and paid back in two annual installments of Tk. 882 each allowing 5% compound interest. The sum borrowed was :

A: Tk. 1620
B: Tk. 1680
C: Tk. 1640
D: Tk. 1700
Midland Bank Ltd #219

Laboni bought a 1 year, Tk. 10,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on his certificate at maturity?

A: Tk. 10,464
B: Tk. 864
C: Tk. 816
D: Tk. 800
Janata Bank Ltd #220

A sum of money lent out at simple interest amounts to Tk. 720 after 2 years and to Tk. 1020 after a further period of 5 years. The sum is -

A: Tk. 600
B: Tk. 500
C: Tk. 700
D: Tk. 710
United Commercial Bank Ltd (UCB) #221

Annie invested a certain sum of money in a bank that paid simple interest. The amount grew to Tk 240 at the end of 2 years. She waited for another 3 years and got a final amount of Tk 300. What was the principal amount that she invested at the beginning?

A: 200
B: 150
C: 210
D: 175
Agrani Bank Ltd #222

Laboni bought a 1-year, Tk 10,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on this certificate at maturity ?

A: Tk, 10,464
B: Tk, 864
C: Tk, 816
D: Tk, 800
Agrani Bank Ltd #223

How much interest will Tk 2000 earn at an annual rate of 10% in one year if interest is compounded every 6 months ?

A: Tk 200
B: Tk 205
C: Tk 220
D: Tk 225
One Bank Ltd #224

Two banks offer interest rate of 6% and 7% respectively on savings account. Mr. Faruq deposited a total amount of Tk. 4000 in the banks and in one year his interest income was Tk. 250. Find the deposit in the bank with 7% interest rate?

A: 3000
B: 2000
C: 1500
D: 1000
Sonali Bank Ltd #225

শতকরা বার্ষিক 5 টাকা হার সরল সুদে কত টাকা 12 বছরে সুদেেআসলে 1248 টাকা হবে?

ক: 700 টাকা
খ: 750 টাকা
গ: 780 টাকা
ঘ: 800 টাকা
National Bank Ltd #226

The difference between the compound interest and simple interest on a certain amount of money at 5% per annum for 2 years is Tk. 15. Find the principal amount.

A: Tk. 4,500
B: Tk. 7,500
C: Tk. 5,000
D: Tk. 6,000
Mercantile Bank Ltd #227

Hasib took a loan of 1400 tk with simple interest for as many years as the rate of interest. If he paid 126 th as interest at the end of the loan period , what was the rate of interest?

A: 3%
B: 6%
C: 9%
D: 12%
Standard Bank Ltd #228

what is the total interest on Tk. 800 at 12.5% per annum for 9 months?

A: 68
B: 75
C: 88
D: 110
Sonali Bank Ltd #229

শতকরা বার্ষিক 5 টাকা হার সরল সুদে 7,000 টাকার 5 বছরের মোট সুদ কত হবে?

ক: 350 টাকা
খ: 1,350 টাকা
গ: 1,750 টাকা
ঘ: 1,850 টাকা
IFIC Bank Ltd #230

The simple interest on a sum of money will be Tk. 600 after 10 years. If the principal is trebled after 5 year, what will be the total interest at the end of the tenth year?

A: Tk. 1200
B: Tk. 1500
C: Tk. 1800
D: Tk. 2400
Exim Bank Ltd #231

Mohona deposits Tk 10,000 into a savings account that pays interest at an annual rate of 8%, compounded quarterly. After 6 months, how much interest has Mohona earned?

A: Tk 200
B: Tk 240
C: Tk 404
D: Tk 560
Standard Bank Ltd #232

What annual rate was paid if Tk. 60000 earned Tk. 6000 interest in 5 years

A: 3%
B: 5%
C: 2%
D: 6%
Rajshahi Krishi Unnayan Bank #233

একই হার সুদে ৩০০ টাকার ৪ বছরের সুদ এবং ৫০০ টাকার ৫ বছরের সুদ একত্রে ২২২টাকা হলে,শতকরা বার্ষিক সুদের হার কত?

ক: ৪%
খ: ৬%
গ: ৫%
ঘ: ৫.৫%
Standard Bank Ltd #234

Mohona deposits Tk 10,000 into a sacings account that pays interest at an annual rate of 8% compounded quarterly. After 6 months, how much interest has Mohona earned?

A: Tk 200
B: Tk 240
C: Tk 404
D: Tk 560
Bank Asia Ltd #235

The compound interest on Tk, 10,000 for 4 years at 5% per annum will be approximately ----

A: 2025
B: 2150
C: 2155
D: 2165
Bangladesh Krishi Bank #236

১০% হার সুদে ৬০০ টাকা চক্রবৃদ্ধি হারে ২ বছর পর সুদাসলে কত হবে ?

ক: ৬৬০ টাকা
খ: ৭১৬ টাকা
গ: ৭২৬ টাকা
ঘ: ৫৫০ টাকা
Mutual Trust Bank Ltd #237

How much interest will Tk. 2000 earn in one year at an annual rate of 8% if the interest is compounded every six months?

A: Tk. 160
B: Tk. 163.20
C: Tk. 249.73
D: Tk. 332.80
Dhaka Bank Ltd #238

Annie invested a certain sum of money in a bank that paid simple interest. The amount grew to Tk 240 at the end of 2 years. She waited for another and got a final amount of Tk 300. What was the principal amount that she invested at the beginning?

A: 200
B: 150
C: 210
D: 175
Exim Bank Ltd #239

If the simple interest on a sum of money for 2 years at 5% per annum is Tk. 50. What is the compound interest on the same sum at the same rate and for the same time?

A: Tk. 52
B: Tk. 51.25
C: Tk. 54.25
D: Tk. 60
Mutual Trust Bank Ltd #240

A very short-term creditor, such as a supplier who grants credit for only 30 days, is likely to be most interested in a firm's :

A: current ratio
B: quick ratio
C: cash converge ratio
D: cash ratio
Mutual Trust Bank Ltd #241

Five years ago, Tk. 1,200 was deposited into a savings account paying 4.5% interest. Today, the balance in the account is Tk. 1,495. If interest paid on the account was compounded annually, how much interest on interest was earned?

A: Tk 25.00
B: Tk. 93.10
C: Tk. 102.39
D: Tk. 130.28
Rajshahi Krishi Unnayan Bank #242

কোন আসল সুদ-আসল ২বছরে ৪৫৬ টাকা ও ৫ বছরে ৫৪০টাকা হলে সরল সুদের হার কত?

ক: ৬%
খ: ৭%
গ: ৮%
ঘ: কোনটিই নয়
Combined Bank #243

The compound interest on Tk 200 at 10% in 3 years is approximately -

A: 60
B: 62
C: 66
D: 64
Combined Bank #244

An amount of money becomes Tk. 1,860 at an interest rate of 8% in 3 years . How many years the money would take to become Tk. 2040 at the same interest rate?

A: 4.5
B: 5
C: 6
D: 7.5
Bangladesh Krishi Bank #245

How much interest will TK. 1,000 earn in one year at an annual interest rate of 8% if interest rate is compounded every c months ?

A: 82.4
B: 82.0
C: 81.6
D: 80.6
Dutch-Bangla Bank Ltd #246

Akash borrows Tk.600 and pays it back in 12 monthly payments of Tk. 61.75. What is his interest rate ?

A: 15%
B: 20%
C: 23.5%
D: 30%
Pubali Bank Ltd #247

The simple interest on a sum of money at 8% per annum for 6 years is half the sum. The sum is

A: Tk. 4800
B: Tk. 6000
C: Tk. 8000
D: None of these
Shahjalal Islami Bank Ltd #248

If simple interest on a certain sum of money is Tk. 256 and the rate of interest per annum equals the number of years, then the rate of interest is :

A: 13%
B: 14%
C: 16%
D: 18%
Dutch-Bangla Bank Ltd #249

A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Tk. 1600 each on 1st July of a year. At the end of the year, how much he would have gained as interest?

A: Tk 121
B: Tk 123
C: Tk 160
D: Tk 240
Dutch-Bangla Bank Ltd #250

Albert invested an amount of Tk 8,000 in a fixed deposit scheme for 2 years at compound interest rate 5% per annum. How much amount will albert get on maturity of the fixed deposit?

A: Tk 8,600
B: Tk 8,620
C: Tk 8,820
D: Tk 9,000