Interest Quiz 6
Practice quiz on Interest (Mathematics). 5 real exam questions.
About This Quiz
Interest Quiz 6 — Questions with Solutions
All 5 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.What is the compound amount when ₹12,000 is invested at 12% per annum for 1 year compounded half-yearly?
- A.₹13,440
- B.₹13,536
- C.₹13,824
- D.₹14,000
Show answer
Answer: B. ₹13,536
Half-year rate = 6%; amount = 12000×(1.06)^2 = 13,536.
Q2.What is the compound interest on ₹10,000 at 10% per annum for 2 years?
- A.₹2,000
- B.₹2,050
- C.₹2,100
- D.₹2,200
Show answer
Answer: C. ₹2,100
Amount = 10000×(1.1)^2 = 12,100 ⇒ CI = ₹2,100.
Q3.A sum doubles in 8 years at simple interest. How long to become triple?
- A.16 years
- B.20 years
- C.24 years
- D.12 years
Show answer
Answer: A. 16 years
Doubling implies 100% interest in 8 years ⇒ rate = 12.5%; to gain 200% needs 16 years.
Q4.Choose the correct preposition: She is interested ___ music.
- A.on
- B.in
- C.at
- D.with
Show answer
Answer: B. in
Correct phrase: interested in.
Q5.What is the simple interest on ₹2000 at 5% for 2 years?
- A.150
- B.180
- C.200
- D.250
Show answer
Answer: A. 150
SI = PRT/100 = 2000×5×2/100=200. Correction: Actually 200
Frequently Asked Questions
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Interest Quiz 6 runs on a 1-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
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Can I attempt Interest Quiz 6 multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
Interest questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.