A person borrows Rs. 10,000 at a Simple Interest rate of 5% per annum. How much interest will be paid after 2 years?
MCQ Subject: Basic Numeracy
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A product originally priced at ₹100 is increased by 80% and then…
A product originally priced at ₹100 is increased by 80% and then decreased by 20%. What is the final price?
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A company’s sales were ₹200 lakh in 2017, ₹240 lakh in 2018,…
A company’s sales were ₹200 lakh in 2017, ₹240 lakh in 2018, and ₹288 lakh in 2019. What is the total percentage increase from 2017 to 2019?
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A vendor purchases 50 kg of apples for ₹2000 and sells 40…
A vendor purchases 50 kg of apples for ₹2000 and sells 40 kg at a 15% profit on the cost price per kg. If the remaining apples are sold at a 10% loss, what is the overall percentage profit or loss the vendor incurs?
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The ratio of men to women in a village is 5:4. If…
The ratio of men to women in a village is 5:4. If men increase by 20% and women decrease by 15%, what is the new ratio?
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A company’s profit increases from ₹12,000 to ₹15,600 over three years. What…
A company’s profit increases from ₹12,000 to ₹15,600 over three years. What is the percentage increase in profit?
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A merchant mixes two types of wheat in the ratio 5:4. The…
A merchant mixes two types of wheat in the ratio 5:4. The first type costs ₹35 per kg and the second ₹50 per kg. If the total cost of the mixture is ₹3000, what is the total quantity of the mixture?
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A cyclist covers the first 30 km at 30 km/h and the…
A cyclist covers the first 30 km at 30 km/h and the next 30 km at 60 km/h. What is the average speed for the entire journey?
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Ramesh invests ₹2000 at 5% simple interest for 3 years. Later, he…
Ramesh invests ₹2000 at 5% simple interest for 3 years. Later, he invests an additional ₹500 for the same duration and rate. What is the total interest earned?
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Rahul borrows ₹18,000 at 5% annual interest for 2 years. What is…
Rahul borrows ₹18,000 at 5% annual interest for 2 years. What is the Simple Interest (SI) accrued?