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 between simple interest and the compound interest on Rs.600 for 1 year at 10% per annum, reckoned half yearly is:
Rs.5.00
Rs.1.50
Rs.4.40
Rs.6.50
The compound interest on Rs.450 at per annum for years is:
Rs.105
Rs.87.60
Rs.94.60
Rs.82.50
The simple interest at x% for x years will be Rs.x on a sum of:
Rs.x
Rs.100x
The difference between simple interest and the compound interest on Rs.800 at 5% per annum for 1 year is:
Nil
Rs.41
Rs.56.50
Rs.81
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
In how many years will a sum of money double itself at 12% p.a?
6 yrs. 9 mths.
8 yrs. 3 mths.
7 yrs. 6 mths.
8 yrs. 6 mths.
At what rate percent compound interest will Rs.625 amount to Rs.900 in 2 years?
10%
15%
20%
25%
Rs.800 at 5% per annum compound interest amount to Rs.882 in:
4 years
3 years
2 years
1 year
