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a) 6.06% b) 6.07% c) 6.08% d) 6.09% Answer: d Explanation: $$\eqalign{ & {\text{Amount}}\,{\text{of}}\,{\text{Rs}}{\text{.}}\,{\text{100}}\,{\text{for}}\,{\text{1}}\,{\text{year}}\,{\text{when}}\, {\text{compounded}}\,{\text{half ...

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An amount of Rs 6000 lent at 5% per annum compounded interest for 2 years will become =

A loan of Rs. 12300 at 5% per annum compound interest, is to be repaid in two equal annual installments at the end of every year. Find the amount of each installment ?

In how many years will a sum of Rs. 800 at 10% per annum compounded semi annually become Rs. 926.10?

At a certain rate per annum, the simple interest on a sum of money for one year is Rs. 260 and the compound interest on the same sum for two years is Rs. 540.80. The rate of interest per annum is =

A man invests Rs. 5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year = ?

A person deposited a sum of of Rs 6000 in a bank at 5% per annum simple interest. Another person deposited Rs 5000 at 8% per annum compound interest. After two years, the difference of their interest will be =

A certain sum of amounts to Rs. 5832 in 2 years at 8% per annum compound interest, the sum is = ?

A man borrow Rs. 4000 at 15%, compound rate of interest. At the end of each year he pays back Rs. 1500. How much amount should be pay at the end of the third year to clear all his dues ?

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

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?

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