If the compound interest on a sum for 2 years at 10% per annum is Rs. 525, find the sum. MCQ with Answer and Explanation

If the compound interest on a sum for 2 years at 10% per annum is Rs. 525, find the sum.
A. Rs. 2200
B. Rs. 2500
C. Rs. 2400
D. Rs. 2000
Answer: Option B
Solution (By JKExamLibrary)
CI = P[(1.1)² - 1] = 0.21P = 525 → P = 2500.

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Practice More Percentage Questions

Question #1
In a mixture, the ratio of copper to zinc is 5:3. If 20% of the mixture is removed, what percentage of the remaining mixture is copper?
A. 50%
B. 62.5%
C. 60%
D. 70%

Correct Answer: Option B


Explanation:
Removing part of the mixture does not change the ratio. Copper proportion = 5 / (5+3) = 5/8. Percentage = (5/8) * 100 = 62.5%.

This question belongs to: Maths Percentage
Question #2
Office 60% men. 70% of men and 50% of women have car. % of workers with car:
A. 60%
B. 58%
C. 62%
D. 64%

Correct Answer: Option C


Explanation:
Men with car = 42% of total, women = 20%, total 62%.

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Question #3
A number is increased by 20% and then decreased by 25%. The result is 36 less than the original. Find the original number.
A. 360
B. 400
C. 320
D. 300

Correct Answer: Option A


Explanation:
1.2 × 0.75 = 0.9. 0.9x = x - 36 → 0.1x = 36 → x = 360.

This question belongs to: Maths Percentage