a) Rs. 1000 b) Rs. 500 c) Rs. 200 d) Rs. 800 Answer: b Explanation: Let the ...
View QuestionWhat will be the difference between S.I. and C.I. on a sum of Rs. 15000 for 2 years at the same rate of interest of 12(1/2) % per annum ?
What will be the difference between S.I. and C.I. on a sum of Rs. 15000 for 2 years ...
View QuestionThe compound interest on Rs. 4000 for 4 years at 10% per annum will be =
a) Rs. 1856.40 b) Rs. 1600 c) Rs. 1856 d) Rs. 1756.60 Answer: a Explanation: $$\eqalign{ & {\text{10}}\% ...
View QuestionA sum of Rs. 12000 deposited at compound interest become double after 5 years. After 20 years it will become ?
a) Rs. 96000 b) Rs. 120000 c) Rs. 124000 d) Rs. 192000 Answer: d Explanation: ...
View QuestionA sum of money invested at compound interest amounts to Rs. 4624 in 2 years and Rs. 4913 in 3 years. The sum of money is = ?
a) Rs. 4096 b) Rs. 4260 c) Rs. 4335 d) Rs. 4360 Answer: a Explanation: ...
View QuestionA man, borrow Rs 21000 at 10% compound interest. How much he has to pay annually at the end of each year, to settle his loan in two years ?
a) Rs. 12000 b) Rs. 12100 c) Rs. 12200 d) Rs. 12300 Answer: b Explanation: $$\eqalign{ ...
View QuestionThe compound interest on a certain sum for 2 successive years are Rs. 225 and Rs. 238.50. The rate of interest per annum is = ?
a) $$7\frac{1}{2}$$% b) 5% c) 10% d) 6% Answer: d Explanation: $$\eqalign{ & {\text{Required ...
View QuestionA certain amount money at R% compounded annually after two and three years becomes Rs. 1440 and Rs. 1728 respectively, R% is ?
a) 5% b) 10% c) 15% d) 20% Answer: d Explanation: b – a = 3 – ...
View QuestionA finance company declares that, at a certain compound interest rate, a sum of money deposited by anyone will become 8 times in 3 years. If the same amount is deposited at the same compound rate of interest, then in how many years will it become 16 times ?
a) 4 years b) 5 years c) 6 years d) 7 years Answer: a Explanation: $$\eqalign{ ...
View QuestionA sum of money is compound interest became doubles itself in 15 years. It will become eight times of itself in =
a) 45 years b) 48 years c) 54 years d) 60 years Answer: a Explanation: $$\eqalign{ ...
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