Question 1

(1) Given the A.P. is 9,13,17,21,…..97. The common difference of the A.P. is :

Accepted Answer

(c) 4

Answer

(d) $\frac{1}{4}$

Answer

(b) 9

Answer

(a) -4

Question 2

(2) Given the A.P. is 9,13,17,21,…..97. The 15th term of the A.P. is :

Accepted Answer

(a) 65

Answer

(d) 76

Answer

(b) 72

Answer

(c) 75

Question 3

(3) Given the A.P. is 9,13,17,21,…..97. The number of terms in the A.P. is :

Accepted Answer

(d) 23

Answer

(b) 21

Answer

(a) 20

Answer

(c) 22

Question 4

(4) Given the A.P. is 9,13,17,21,…..97. The 10th term of the A.P. from the end is :

Accepted Answer

(b) 61

Answer

(a) 60

Answer

(d) 63

Answer

(c) 62

Question 5

(5) If on dividing 2𝑥³ + 6𝑥² − (2𝑘 − 7)𝑥 + 5 by (𝑥 + 3), the remainder is 𝑘 − 1 then the value of 𝑘 is

Accepted Answer

(d) 3

Answer

(c) -3

Answer

(b) -2

Answer

(a) 2

Question 6

(6) A dealer purchased a music system from the manufacturing company for Rs. 25,000 and sold it to a consumer in the same city at a profit of 20%. If the rate of GST is 18% then the amount of input CGST for the dealer is

Accepted Answer

(a) Rs. 2250

Answer

(c) Rs. 5000

Answer

(b) Rs. 4500

Answer

(c) Rs. 5000

Question 7

(7) Rupa deposited Rs. 200 per month for 15 months in a bank's recurring deposit account. if the bank pay interest at a rate of 10% per annum, then the interest earned by Rupa during this period is

Accepted Answer

c) Rs. 200

Answer

b) Rs. 250

Answer

d) Rs. 150

Answer

a) Rs. 300

Question 8

(8) Mukesh deposited Rs.150 per month in a recurring deposit account for 2 years. Find the amount payable to him on maturity if the rate of interest is 8% per annum

Accepted Answer

a) Rs. 3900

Answer

b) Rs. 4200

Answer

d) Rs. 5000

Answer

c) Rs. 4500

Question 9

(9) Mohan deposits Rs. 80 per month in a cumulative deposit account for six years. Find the amount payable to him on maturity, if the rate of interest is 6% per annum.

Accepted Answer

c) Rs. 6811.20

Answer

a) Rs. 6118.50

Answer

b) Rs. 6818.20

Answer

d) Rs. 6818.50

Question 10

(10) Simran had a recurring deposit account in a bank and deposited Rs. 500 per month for 2 $\frac{1}{4}$ years. If the rate of interest was 10% p.a., then the matured value of this account is:

Accepted Answer

b) Rs. 16937.50

Answer

c) Rs. 16793.50

Answer

d) Rs. 16973.50

Answer

a) Rs. 16397.50

Question 11

(11) Mrs. Goswami deposits Rs. 1000 every month in a recurring deposit account for 3 years at 8% interest per annum. Find the matured value.

Accepted Answer

a) Rs. 40,440

Answer

c) Rs. 44,400

Answer

d) Rs. 48,040

Answer

b) Rs. 48,000

Question 12

(12) Mr. Nair get Rs. 6455 at the end of one year at the rate of 14% per annum in a recurring deposit amount. The monthly installment is :

Accepted Answer

b) Rs. 500

Answer

d) Rs. 700

Answer

a) Rs. 400

Answer

c) Rs. 600

Question 13

(13) Mr. Gujral has a four-year cumulative time deposit account in ICICI Bank and deposits Rs. 650 per month. If he receives Rs. 36,296 at the time of maturity, then the rate of interest is.......per annum

Accepted Answer

b) 8%

Answer

d) 10%

Answer

c) 9%

Answer

a) 11%

Question 14

(14) The matured value of a R.D. account is Rs. 16,176. If the monthly installment is Rs. 400 and the rate of interest is 8% p.a., then the time period of this R.D. account is:

Accepted Answer

c) 3 years

Answer

d) 4 years

Answer

b) 2 years

Answer

a) 1 year

Question 15

(15) Katrina opened a R.D. account with a Nationalised bank for a period of two years. If the bank pays interest at the rate of 6% per annum and the monthly installment is Rs.1,000, then the interest earned in one year is :

Accepted Answer

b) Rs. 390

Answer

a) Rs. 360

Answer

d) Rs. 500

Answer

c) Rs. 450

Question 16

(16) Rekha opened a R.D. account in PNB Bank for 20 months. If the rate of interest is 9% per annum and received Rs. 441 as interest at the end of maturity, then the monthly installment is.....

Accepted Answer

a) Rs. 280

Answer

d) Rs. 320

Answer

b) Rs. 250

Answer

c) Rs. 200

Question 17

(Q17) A bank offered a scheme of investing Rs. x per month for 2 years. If the rate of interest offered by the bank is 10% p.a. and the total interest received will be Rs. 1,900, then the value of x is :

Accepted Answer

c) Rs. 760

Answer

b) Rs. 750

Answer

d) Rs. 800

Answer

a) Rs. 700

Question 18

(18) Assertion: Vijay opened a recurring deposit account for Rs. 200 per month at 10% p.a. If he gets Rs. 6,775 at the time of maturity, then the maturity period is 36 months.

Reason: The formula for finding the maturity value of a recurring deposit is:

M.V. = P x n + P x $\frac{n\left(n+1
ight)}{2\ imes\ 12}\ imes\ \frac{r}{100}$

Accepted Answer

d) Assertion is incorrect but reason is correct

Answer

c) Assertion is correct but reason is incorrect

Answer

a) Both assertion and reason are correct and reason is the correct explanation of assertion

Answer

b) Both assertion and reason are correct but reason is not the correct explanation of assertion

Question 19

(19) Assertion: Mr. Khan deposits Rs. 250 per month for 1 $\frac{1}{2}$ years in a R.D. account of a bank . If the rate of interest is 8% per annum, then the interest earned on this account is Rs. 285

Reason: The formula for finding the interest is:

I= P x $\frac{n\left(n+1
ight)}{12}\ imes\ \frac{r}{100}$

Accepted Answer

c) Assertion is correct but the reason is incorrect

Answer

a) Both Assertion and reason are correct and reason is the correct explanation of assertion

Answer

b) Both Assertion and reason are correct but reason is not the correct explanation of assertion

Answer

d) Assertion is incorrect but the reason is correct

Question 20

(20) David opened a Recurring Deposit Account in a bank and deposited Rs. 300 per month for two years. If he received Rs. 7,725 at the time of maturity, then the rate of interest per annum is:

Accepted Answer

a) 7%

Answer

d) 8.4%

Answer

b) 7.5%

Answer

c) 8%

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