The simple interest on a sum of money for 2 years is Rs.100 and the compound interest on the same sum at the same rate for the same time is Rs.104.The rate of interest is:
2%p.a
4%p.a
8%p.a
The difference of compound interests on Rs.800 for 1 year at 20% per annum when compound half yearly and quarterly is:
Nil
Rs.6.60
Rs.4.40
Rs.2.50
The compound interest on a certain sum of money for 2 years at 10% per annum is Rs.420. The simple interest on the same sum at the same rate and same time will be:
Rs.350
Rs.375
Rs.380
Rs.400
At simple interest, a sum doubles after 20 years. The rate of interest per annum is:
5%
10%
20%
Data inadequate
The simple interest on a certain sum for 3 years at 9 1/2 % p.a amounts to Rs.159.60. The sum is:
Rs.480
Rs.560
Rs.720
Rs.640
Rs.800 at 5% per annum compound interest amount to Rs.882 in:
4 years
3 years
2 years
1 year
The compound interest on Rs.450 at per annum for years is:
Rs.105
Rs.87.60
Rs.94.60
Rs.82.50
The compound interest on Rs.1250 for years at 8 percent per annum, interest payable half yearly is:
Rs.153
Rs.156.08
Rs.162.08
none of these
A sum amounts to Rs.1352 in 2 years at 4% compound interest. The sum is:
Rs.1300
Rs.1200
Rs.1250
Rs.1260