Find out the capital required to earn a monthly interest of Rs.6000 at 12% simple interest.
6 lakhs
7 lakhs
8 lakhs
5 lakhs
On what sum of money will the difference between simple interest and compound interest and compound for 2 years at 5% per annum be equal to Rs.25?
10000
19000
12000
250
Calculate the amount on Rs.1000 at 8% per annum for 2 years.
1000
160
1160
840
The simple interest on a certain sum computes to Rs. 400 in 2 years and the compound interest on the same sum at the same rate and for the same time computes to Rs. 410.Find the rate percent?
2%
3%
4%
5%
If an amount of Rs. 2500 is deposited in a scheme, for five years and interest is compounded at 20% yearly what is the amount get?
Rs.7821
Rs.1100
Rs. 6221
Rs. 3421
A TV manufacturer reduces the price of a particular model by 5% every year.The current price of this model is 8000 rupees.What would be the price after 3 years?
Rs.5673
Rs.9086
Rs. 6859
Rs. 3456
What is the Compound Interest on Rs.16,000 in 2 years at 10%
1336
1936
336
16356
Calculate the compound interest on Rs. 5,000 in 2 years, if the rates of interest for the successive years be 8% and 10% respectively?
Rs. 940
Rs. 905
Rs. 960
Rs. 990
A financial company claims that it charges only 20% interest on loans.But if a person takes out a loan of 100 rupees, he would get only 80 rupees,after subtracting the annual interest of 200 rupees at the outset.And he has to pay back 100 rupees after one year.What is their actual rate of interest?
20
25%
23
21%
Find compound interest on Rs.100 at 10%per annum for 2 years.
121
110
10
21