CET Simple and Compound Interest Questions with Solutions – Page 4
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 4 of 5.
- ₹110000
- ₹120000
- ₹90000
- ₹100000
- ₹150000
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Answer: B. ₹120000
- 12000
- 8000
- 6000
- 9000
- 5700
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Answer: C. 6000
Aman pays 40 times the annual rent to purchase a building. The rate % per annum he derives from his investment is
- 25%
- 2.5%
- 50%
- 5%
- 7.5%
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Answer: B. 2.5%
Mr. Dua 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 4538.00 and the total amount invested was Rs 20,000, what was the amount invested in Scheme A?
- Rs 6000
- Rs. 6250
- Rs. 6500
- Rs. 16000
- Rs. 16500
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Answer: B. Rs. 6250
A sum of money is borrowed and paid back in two annual installments of Rs 882 each, allowing 5% compound interest. The sum borrowed was
- Rs. 1600
- Rs. 1620
- Rs. 1640
- Rs. 1680
- Rs. 1650
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Answer: C. Rs. 1640