SBI Clerk - Simple Interest, Compound Interest, Time and Work Online Test (MCQ Quiz)

1. If a sum of money doubles itself in 10 years at simple interest, what is the rate of interest per annum?

A) 5% B) 10% C) 15% D) 20%

2. A sum of Rs. 1000 is lent at 10% per annum compound interest. If the interest is compounded annually, what is the amount after 3 years?

A) Rs. 1300 B) Rs. 1331 C) Rs. 1320 D) Rs. 1350

3. A and B can complete a piece of work in 10 days and 15 days respectively. In how many days can they together complete the work?

A) 6 days B) 7 days C) 8 days D) 9 days

4. The difference between the compound interest and simple interest on a certain sum for 2 years at 10% per annum is Rs. 100. What is the sum?

A) Rs. 5000 B) Rs. 10000 C) Rs. 15000 D) Rs. 20000

5. If Rs. 800 becomes Rs. 950 in 2 years at simple interest, what is the rate of interest?

A) 8.25% B) 9.375% C) 10% D) 11.25%

6. A sum of money invested at compound interest amounts to Rs. 9600 in 3 years and Rs. 10648 in 4 years. What is the rate of interest?

A) 10% B) 12% C) 15% D) 8%

7. A can do a work in 20 days and B can do the same work in 30 days. They work together for 5 days. The remaining work is done by A alone. In how many total days will the work be completed?

A) 15 days B) 20 days C) 25 days D) 30 days

8. What is the compound interest on Rs. 5000 for 2 years at 4% per annum, compounded annually?

A) Rs. 400 B) Rs. 408 C) Rs. 410 D) Rs. 416

9. A sum of money at simple interest becomes Rs. 1500 in 5 years and Rs. 1750 in 10 years. The sum is:

A) Rs. 1000 B) Rs. 1200 C) Rs. 1250 D) Rs. 1300

10. P and Q can complete a work in 12 days and 18 days respectively. They start working together, but Q leaves after 4 days. In how many more days will P complete the remaining work?

A) 6 days B) 8 days C) 10 days D) 12 days

11. If the simple interest on a sum of money is 1/4 of the principal and the number of years is equal to the rate of interest, what is the rate of interest?

A) 5% B) 10% C) 15% D) 20%

12. A sum of Rs. 64000 is invested at 7.5% per annum compound interest. If the interest is compounded annually, what is the amount after 2 years?

A) Rs. 73100 B) Rs. 73600 C) Rs. 73800 D) Rs. 74000

13. A and B can do a piece of work in 6 days and 8 days respectively. They begin to work together but A leaves after 3 days. In how many days will B finish the work?

A) 3 days B) 4 days C) 5 days D) 6 days

14. The compound interest on a sum of money for 2 years is Rs. 41 and the simple interest for the same period is Rs. 40. The rate of interest is:

A) 2.5% B) 5% C) 10% D) 20%

15. A sum of money triples itself in 10 years at simple interest. In how many years will it become 5 times itself?

A) 15 years B) 20 years C) 25 years D) 30 years

16. A man can complete a work in 50 days. He works for 10 days and then B alone finishes the remaining work in 60 days. In how many days can B alone do the work?

A) 100 days B) 120 days C) 150 days D) 180 days

17. A sum of money becomes Rs. 13230 in 3 years and Rs. 14560 in 4 years at compound interest. The rate of interest is:

A) 5% B) 10% C) 15% D) 20%

18. What is the difference between the compound interest and simple interest on Rs. 10000 for 2 years at 8% per annum?

A) Rs. 64 B) Rs. 80 C) Rs. 100 D) Rs. 128

19. A and B can complete a work in 72 days. A and B together finish 3/5 of the work in 24 days. B alone can finish the work in how many days?

A) 100 days B) 120 days C) 150 days D) 180 days

20. If a sum of money at simple interest doubles in 6 years, in how many years will it become 4 times itself?

A) 12 years B) 15 years C) 18 years D) 24 years

21. A sum of money is invested at compound interest. It doubles in 4 years. In how many years will it become 8 times itself?

A) 8 years B) 10 years C) 12 years D) 16 years

22. A works twice as fast as B. If A can complete a work in 30 days, then A and B together can complete the same work in:

A) 10 days B) 15 days C) 20 days D) 25 days

23. The population of a town increases by 5% every year. If the population is 100000 today, what will be its population after 2 years?

A) 110000 B) 110250 C) 110500 D) 111000

24. A sum of money lent at simple interest amounts to Rs. 720 in 2 years and to Rs. 1020 in a further period of 5 years. The rate of interest per annum is:

A) 5% B) 10% C) 15% D) 20%

25. A can do a work in 15 days. B can do it in 20 days. They work together for 4 days. The remaining work is done by A. In how many days in total is the work completed?

A) 7 days B) 8 days C) 9 days D) 10 days

26. If the compound interest on a certain sum for 3 years at 10% per annum is Rs. 331, what is the sum?

A) Rs. 1000 B) Rs. 2000 C) Rs. 3000 D) Rs. 4000

27. A sum of money doubles in 5 years at simple interest. What is the rate of interest?

A) 10% B) 15% C) 20% D) 25%

28. A and B can complete a work in 10 days and 12 days respectively. They start working together, but B leaves after 5 days. In how many days will A complete the remaining work?

A) 4 days B) 5 days C) 6 days D) 7 days

29. What is the difference between the compound interest on Rs. 5000 for 2 years at 5% per annum and the simple interest for the same period?

A) Rs. 12.50 B) Rs. 20 C) Rs. 25 D) Rs. 30

30. A sum of money becomes Rs. 1210 in 2 years and Rs. 1331 in 3 years at compound interest. The rate of interest is:

A) 5% B) 10% C) 15% D) 20%

31. A can do a work in 18 days and B can do it in 12 days. They work together for 6 days. The remaining work is done by B. In how many total days is the work completed?

A) 10 days B) 11 days C) 12 days D) 13 days

32. If the simple interest on a sum of money for 2 years is Rs. 200 and the compound interest for the same period is Rs. 210, what is the rate of interest?

A) 5% B) 10% C) 15% D) 20%

33. A sum of money doubles itself in 8 years at simple interest. In how many years will it triple itself?

A) 12 years B) 14 years C) 16 years D) 18 years

34. A and B can complete a work in 30 days and 50 days respectively. They start working together, but A leaves after 10 days. In how many days will B complete the remaining work?

A) 20 days B) 25 days C) 30 days D) 35 days

35. The compound interest on a sum for 2 years at 12% per annum is Rs. 508.32. The sum is:

A) Rs. 2000 B) Rs. 2100 C) Rs. 2200 D) Rs. 2300

36. A sum of money at simple interest amounts to Rs. 2160 in 3 years and Rs. 2480 in 4 years. The sum is:

A) Rs. 1500 B) Rs. 1600 C) Rs. 1700 D) Rs. 1800

37. A can do a piece of work in 10 days. B can do it in 15 days. C can do it in 20 days. They work together for 4 days. The remaining work is done by A. In how many total days is the work completed?

A) 5 days B) 6 days C) 7 days D) 8 days

38. A sum of money becomes Rs. 8000 in 3 years and Rs. 27000 in 6 years at compound interest. The rate of interest is:

A) 33.33% B) 50% C) 66.67% D) 100%

39. What is the simple interest on Rs. 5000 for 3 years at 4% per annum?

A) Rs. 500 B) Rs. 600 C) Rs. 700 D) Rs. 800

40. A and B can complete a work in 12 days and 15 days respectively. They work together for 5 days. The remaining work is done by B. In how many total days is the work completed?

A) 10 days B) 11 days C) 12 days D) 13 days

41. If the interest is compounded annually, the difference between the compound interest and simple interest on a sum of money for 3 years at 10% per annum is Rs. 31. The sum is:

A) Rs. 1000 B) Rs. 2000 C) Rs. 3000 D) Rs. 4000

42. A sum of money triples itself in 12 years at simple interest. In how many years will it become 5 times itself?

A) 20 years B) 24 years C) 28 years D) 30 years

43. A can do a work in 20 days and B can do it in 25 days. They work together for 10 days. Then C joins them and the remaining work is completed in 5 days. In how many days can C alone do the work?

A) 20 days B) 25 days C) 30 days D) 35 days

44. A sum of money invested at compound interest amounts to Rs. 16500 in 1 year and Rs. 18150 in 2 years. The rate of interest is:

A) 5% B) 10% C) 15% D) 20%

45. What is the compound interest on Rs. 10000 for 3 years at 5% per annum, compounded annually?

A) Rs. 1575.25 B) Rs. 1575 C) Rs. 1550 D) Rs. 1600

46. A and B can complete a work in 8 days and 12 days respectively. They start working together. After 3 days, A leaves. In how many more days will B complete the remaining work?

A) 4 days B) 5 days C) 6 days D) 7 days

47. If a sum of money at simple interest doubles in 10 years, in how many years will it become 7 times itself?

A) 20 years B) 25 years C) 30 years D) 35 years

48. A sum of money becomes Rs. 6600 in 3 years and Rs. 7200 in 4 years at simple interest. The sum is:

A) Rs. 5400 B) Rs. 5600 C) Rs. 5800 D) Rs. 6000

49. A and B can complete a work in 15 days and 20 days respectively. They work together for 5 days. The remaining work is done by A. In how many total days is the work completed?

A) 10 days B) 11 days C) 12 days D) 13 days

50. The difference between the compound interest and simple interest on a certain sum for 2 years at 15% per annum is Rs. 180. What is the sum?

A) Rs. 7000 B) Rs. 7500 C) Rs. 8000 D) Rs. 8500

Simple Interest, Compound Interest, Time and Work - Online Test

Test Results