If Rs. 7500 are borrowed at C. I at the rate of 4 % per annum then after 2 years, the amount to be paid is ?
A. Rs. 8112
B. Rs. 8100
C. Rs. 8082
D. Rs. 7800
Compound Interest
Here are some Compound Interest Mcqs and explanations for competitive exams, placement interviews, and entrance test. This website is the best for Mathematics MCQs
Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is ?
A. Rs. 1081.60
B. Rs. 101.66
C. Rs. 81.60
D. Rs. 160
Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in ?
A. 2 years
B. 4 Years
C. 1 Year
D. 3 Years
What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum ?
A. Rs. 1720
B. Rs. 1000
C. Rs. 1200
D. Rs. 1120
Difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is ?
A. Rs.400
B. Rs.300
C. Rs.600
D. Rs.500
Difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is ?
A. 12 %
B. 8 %
C. 10 %
D. 6 %
A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is ?
A. 15 %
B. 20 %
C. 5 %
D. 10 %
A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is ?
A. Rs.2500
B. Rs.3000
C. Rs.1500
D. Rs.2000
A sum of money becomes Rs.6690 after three years and Rs.10.035 after six years on compound interest. The sum is ?
A. Rs.4460
B. Rs.4520
C. Rs.4400
D. Rs.4445
Difference between the simple interest and the compound interest on Rs 5000 at 10% P.a for 3 years is :____ ?
A. Rs 150
B. Rs 165
C. Rs 145
D. None of these