Difference between simple interest and C.I. at the same rate for Rs.5000 for 2 years in Rs.72. The rate of interest is ?
A. 6%
B. 8%
C. 10%
D. 12%
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
Difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum ?
A. Rs.13500
B. Rs.17520
C. Rs.12000
D. Rs.14200
Find the sum The difference between the compound and S.I. on a certain sum of money for 2 years at 10% per annum is Rs.15of money ?
A. 2100
B. 1950
C. 1500
D. 1800
Difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal ?
A. Rs.3600
B. Rs.3900
C. Rs.3000
D. Rs.3300
Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000 ?
A. Rs.75000
B. Rs.64000
C. Rs.81000
D. Rs.80000
Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly ?
A. Rs.9621
B. Rs.9162
C. Rs.1261
D. Rs.9261
What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261 ?
A. Rs.7500
B. Rs.8000
C. Rs.8400
D. Rs.7800
In one year, the population, of a village increased by 10% and in the next year, it decreased by 10%. If at the end of 2nd year, the population was 7920, what was it in the beginning ?
A. 8100
B. 8400
C. 8500
D. 8000
How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly ?
A. Rs.842
B. Rs.512
C. Rs.482
D. Rs.424
A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit .
A. Rs.2160
B. Rs.2040
C. Rs.2205
D. Rs.2200