CET Simple and Compound Interest Questions with Solutions – Page 3
All 21 Simple and Compound Interest questions from MBA CET 2025 and 2026 papers. Tap Show answer, or open the detailed solution (free login). Page 3 of 5.
A man invested ₹18,000 in ₹50 shares of a company at a 20% premium. If the company declares a 12% dividend at the end of the year, how much dividend will he receive?
- ₹1,440
- ₹1,500
- ₹1,600
- ₹1,800
- ₹2,160
Show answerHide answer
Answer: D. ₹1,800
A person lent out a certain sum on simple interest and the same sum on compound interest at a certain rate of interest per annum. He noticed that the ratio between the difference of compound interest and simple interest of 3 years and that of 2 years is 25:8. Determine the rate of interest per annum :
- 10.5%
- 11.5%
- 12.5%
- 8%
- 10.95%
Show answerHide answer
Answer: C. 12.5%
What annual payment will discharge a debt of ₹50,440 due in 3 years, at the rate of 5% per annum when compounded annually ?
- Rs. 16522
- Rs. 15800
- Rs. 17754
- Rs. 18522
- Rs. 13598
Show answerHide answer
Answer: D. Rs. 18522
Ms. Kavita invested money in two schemes, A and B, offering compound interest @ 8 p.c.p.a. and 12 p.c.p.a. respectively. If the total amount of interest accrued through two schemes together in two years was Rs 4538 and the total amount invested was Rs 20,000, what was the amount invested in Scheme A by Kavita ?
- Rs. 6250
- Rs. 8500
- Rs. 7240
- Rs. 5000
- Rs. 5850
Show answerHide answer
Answer: A. Rs. 6250
Archit 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 is Rs. 3508, then determine the amount invested in Scheme B by Archit ?
- 6400
- 6500
- 7200
- 7500
- 6800
Show answerHide answer
Answer: A. 6400