a) Rs. 600 b) Rs. 675 c) Rs. 650 d) Rs. 625 Answer: b Explanation: $$\eqalign{ ...
View QuestionIf the compound interest on a certain sum for two years at 12% per annum is Rs. 2544, the simple interest on it at the same rate for 2 years will be = ?
a) Rs. 2400 b) Rs. 2500 c) Rs. 2480 d) Rs. 2440 Answer: a Explanation: ...
View QuestionThe compound interest on Rs. 5000 for 3 years at 10% p.a. will amount to = ?
a) Rs. 1654 b) Rs. 1655 c) Rs. 1600 d) Rs. 1565 Answer: b Explanation: ...
View QuestionThe sum for 2 years given a compound interest of Rs. 3225 at 15% rate. Then the sum is =
a) Rs. 10000 b) Rs. 20000 c) Rs. 15000 d) Rs. 32250 Answer: a Explanation: Interest for ...
View QuestionOn what sum of money will the difference between simple interest and compound interest for 2 years at 5% per annum be equal to Rs. 63 ?
a) Rs. 24600 b) Rs. 24800 c) Rs. 25200 d) Rs. 25500 Answer: c Explanation: $$\eqalign{ ...
View QuestionAt what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years ?
a) 6.5% b) 4.5% c) 6% d) 7.5% Answer: c Explanation: $$\eqalign{ & {\text{A = ...
View QuestionWhen principal = Rs. S, rate of interest = 2r % p.a., then a person will get after 3 years at compound interest = ?
a) $${\text{Rs}}{\text{. }}\frac{{6{\text{Sr}}}}{{100}}$$ b) $${\text{Rs}}{\text{. S}}{\left( {1 + \frac{{\text{r}}}{{50}}} \right)^3}$$ c) $${\text{Rs}}{\text{. S}}{\left( {1 + \frac{{\text{r}}}{{100}}} \right)^3}$$ d) $${\text{Rs}}{\text{. 3S}}{\left( {1 + ...
View QuestionIn what time will Rs 64000 amounts to Rs 68921 at 5% per annum interest being compounded half yearly ?
a) $$1\frac{1}{2}$$ years b) 2 years c) 3 years d) $$2\frac{1}{2}$$ years Answer: a Explanation: ...
View QuestionA sum of money put at compound interest amounts in 2 years to Rs. 672 and in 3 years Rs. 714. The rate of interest per annum is = ?
a) 5.5% b) 6.0% c) 6.25% d) 6.75% Answer: c Explanation: $$\eqalign{ & {\text{S}}{\text{.I}}{\text{. on Rs}}{\text{. ...
View QuestionA father left a will of Rs. 16400 for his two sons aged 17 and 18 years. They must get equal amount when they are 20 years, at 5% compound interest. Find the present share of the younger son = ?
a) Rs. 8000 b) Rs. 8200 c) Rs. 8400 d) Rs. 8800 Answer: a Explanation: Let ...
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