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Question-1
What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?
(A)
Rs. 9000.30
(B)
Rs. 9720
(C)
Rs. 10123.20
(D)
Rs. 10483.20
Question-2
If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?
(A)
Rs. 51.25
(B)
Rs. 52
(C)
Rs. 54.25
(D)
Rs. 60
Question-3
At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?
(A)
6%
(B)
6.5%
(C)
7%
(D)
7.5%
Question-4
The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:
(A)
2
(B)
(C)
3
(D)
4
Question-5
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
(A)
Rs. 1550
(B)
Rs. 1650
(C)
Rs. 1750
(D)
Rs. 2000
Question-6
Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?
(A)
Rs. 8600
(B)
Rs. 8620
(C)
Rs. 8820
(D)
None of these
Question-7
The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
(A)
Rs. 2.50
(B)
Rs. 3
(C)
Rs. 3.75
(D)
Rs. 4
Question-8
There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
(A)
Rs. 2160
(B)
Rs. 3120
(C)
Rs. 3972
(D)
Rs. 6240
Question-9
The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is:
(A)
Rs. 400
(B)
Rs. 500
(C)
Rs. 600
(D)
Rs. 800
Question-10
What is the difference between the compound interests on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?
(A)
Rs. 2.04
(B)
Rs. 3.06
(C)
Rs. 4.80
(D)
Rs. 8.30
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