Calculate the compound interest for the second year on Rs. 4,000 invested for 3 years at 10% per annum?
Rs. 240
Rs. 265
Rs. 350
Rs. 440
What is the Compound Interest on Rs.16,000 in 2 years at 10%
1336
1936
336
16356
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%
Devan availed a loan of Rs. 45000 from a bank for constructing his house.If the banks compounds yearly interest at 16% what is the amount he has to remit at the end of 3 years?
Rs. 70240
Rs. 7650
Rs. 2110
Rs. 8750
At what rate percent per annum simple interest will a sum of money triple itself in 25 years.
8
8.3
9.1
10
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%
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
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 certain sum of money,placed out at compound interest amounts to Rs.6,272 in 2 years and to Rs. 7024.64 in 3 years.Find the sum of money?
Rs. 4000
Rs. 5000
Rs. 5500
Rs. 6500
Calculate the amount on Rs.1000 at 8% per annum for 2 years.
1000
160
1160
840