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1. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:
3 | 4 | 5 | 6 |
2. There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
Rs. 2160 | Rs. 3120 | Rs. 3972 | Rs. 6240 |
3. 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?
Rs. 8600 | Rs. 8620 | Rs. 8820 | None of these |
4. What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?
Rs. 9000.30 | Rs. 9720 | Rs. 10123.20 | Rs. 10483.20 |
5. There is 80% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 14,000 after 3 years at the same rate?
Rs.3794 | Rs.3714 | Rs.4612 | Rs.4634 |
6. What is the difference between the compound interests on Rs. 5000 for 1$ \dfrac{1}{2} $ years at 4% per annum compounded yearly and half-yearly?
Rs. 2.04 | Rs. 3.06 | Rs. 4.80 | Rs. 8.30 |
7. The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period in years is:
2 | 2$ \dfrac{1}{2} $ | 3 | 4 |
8. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
8 | 10 | 12 | Cannot be determined |
9. At what rate of compound interest per annum will a sum of Rs. 1400 become Rs. 1573.04 in 2 years?
4% | 5% | 6% | 8% |
10. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum in Rs. is:
625 | 630 | 640 | 650 |
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