Quantitative Reasoning Simple and Compound Interest Online Test

Quantitative Reasoning Aptitude Test

Simple and Compound Interest Test Online

Total Questions: 50
Time Allowed: 25 Minutes
Total Marks: 50
How to Attempt Test: Please choose the right Option in MCQ-type question.
Test Helpful For: Aptitude Test
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1. If you invest for 10 years, which method gives maximum returns?

2. Which interest model is easiest to manually calculate?

3. If time is doubled in simple interest formula, what happens to the interest?

4. In compound interest, if the rate is 0%, the interest becomes:

5. Which one of the following can be negative?

6. In Compound Interest, the term “compounded annually” means:

7. If the principal amount is constant, what increases the Simple Interest?

8. For the same principal, rate, and time, the Compound Interest is:

9. Which of the following scenarios would benefit from compound interest over time?

10. Which of the following is not true for Simple Interest?

11. Which of the following statements is true about Compound Interest?

12. In the absence of compounding, Compound Interest becomes:

13. In compound interest, compounding done annually results in:

14. Which factor plays the least role in determining interest?

15. Which formula is used for Compound Interest calculation?

16. Why is the compound interest amount greater over a long period?

17. What is the effect of higher interest rate on compound interest?

18. The interest which is calculated without taking into account previously earned interest is:

19. In compound interest, interest calculated over previous interest is called:

20. What does the term "Simple Interest" refer to in financial calculations?

21. The amount obtained after adding interest to the principal is called:

22. If the interest is compounded half-yearly, the rate is:

23. The term “principal” in interest calculation means:

24. For a fixed rate and time, which principal earns the least interest?

25. Which of the following gives equal values in the first year of investment?


 

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