Top 150+ Solved Basic Numerical Skills MCQ Questions Answer
Q. The sum at the end of 2 years for 1000 at 10% p.a. compounded yearly
a. 100
b. 210
c. 1100
d. 1210
Q. Simple interest for a sum of Rs 500 for 2 year at the rate of 8% p a is
a. 580
b. 420
c. 80
d. 16
Q. Compound interest for Rs 25,000/-at the rate of 12% p a for 5years is
a. 17623
b. 44058
c. 19058
d. 15000
Q. The formula p (1+r/100)n gives ……….
a. The sum at the end of n year
b. CI at the end of n years
c. Present value
d. None
Q. The sum at the end of 4 years for Rs 100 at 10% p a C I payable quarterly is
a. 100(1.1)3
b. 100(1.025)4
c. 100(1.025)16
d. 100(1.1)4
Q. If is the population at the beginning of an years and the increase is r% p a then the population atthe end of nth years is
a. P ( 1+ r/100)n
b. P + ( n +1 ) pr / 100
c. P + (n -1) pr / 100
d. Pnr / 100
Q. The time period after which the interest is added each time to form a new principle is called
a. Normal period
b. Semi annual period
c. Conversion period
d. None
Q. Statistics is applied in
a. Economics
b. Business management
c. Commerce and Industry
d. All these
Q. ……………. Is filled by the enumerator
a. Questionnaire
b. Schedule
c. Questionnaire or Schedule
d. All