At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually ?
A. 15%
B. 10%
C. 5%
D. 6%
Compound Interest
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Difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is: _______?
A. 12%
B. 10%
C. 6%
D. 8%
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is : _____?
A. Rs. 1650
B. Rs. 2000
C. Rs. 1550
D. Rs. 1750
If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time ?
A. Rs. 60
B. Rs. 51.25
C. Rs. 52
D. Rs. 54.25
Difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:_____ ?
A. Rs. 3
B. Rs. 4
C. Rs. 2.50
D. Rs. 3.75
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 ?
A. 12
B. 5
C. 8
D. 10
What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years ?
A. 1903/2156
B. 4/9
C. 1/2.5
D. 1875/2029
A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent ?
A. 7 1/2 %
B. 8%
C. 10%
D. 15%
Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years ?
A. Rs.400
B. Rs.380
C. Rs.420
D. Rs.375
Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself ?
A. 2 years
B. 4 years
C. 6 years
D. 1 year