a) Rs. 435 b) Rs. 450 c) Rs. 430 d) Rs. 432 Answer: d Explanation: $$\eqalign{ ...
View QuestionThe compound interest on Rs. 30000 at 7% per annum is Rs. 4347. The period (in years) is = ?
a) 2 years b) $${\text{2}}\frac{1}{2}$$ years c) 3 years d) 4 years Answer: a Explanation: ...
View QuestionThe simple interest on a sum of money at 4% per annum for 2 years is Rs 80. The compound interest on the same sum for the same period is = ?
a) Rs. 82.60 b) Rs. 82.20 c) Rs. 81.80 d) Rs. 81.60 Answer: d Explanation: $$\eqalign{ ...
View QuestionThe difference between the amount of compound interest and simple interest accrued on an amount of Rs. 26000 at the end of 3 years is Rs. 2994.134. What is the rate of interest p.c.p.a ?
a) 17% b) 19% c) 22% d) Cannot be determined Answer: b Explanation: ...
View QuestionThe compound interest accrued on an amount of Rs. 25500 at the end of 3 years is Rs. 8440.50. What would be the simple interest accrued on the same amount at the same rate in the same period ?
a) Rs. 4650 b) Rs. 5650 c) Rs. 6650 d) Rs. 7650 Answer: d Explanation: $$\eqalign{ ...
View QuestionOn a certain sum of money, the difference between the compound interest for a year payable half yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is = ?
a) Rs. 60000 b) Rs. 72000 c) Rs. 62000 d) Rs. 54000 Answer: b Explanation: Rate % ...
View QuestionWhat will be the difference between the simple interest and compound interest accrued on an amount of Rs. 19200 of 3 years @ 12 p.c.p.a. ?
What will be the difference between the simple interest and compound interest accrued on an amount of Rs. ...
View QuestionAt what rate percent per annum of compound interest, will a sum of money become four times of itself in two years ?
a) 100% b) 75% c) 50% d) 20% Answer: a Explanation: $$\eqalign{ ...
View QuestionThe compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:
a) 2 b) $$2\frac{1}{2}$$ c) 3 d) 4 Answer: a Explanation: $$\eqalign{ & {\text{Amount}} = Rs.\,\left( {30000 ...
View QuestionWhat is the difference between the compound interests on Rs. 5000 for 1(1/2) years at 4% per annum compounded yearly and half-yearly?
What is the difference between the compound interests on Rs. 5000 for $$1\frac{1}{2}$$ years at 4% per annum ...
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