A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period ?
A. Rs.140
B. Rs.130
C. Rs.150
D. Data insufficient for the answer
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
Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year ?
A. Rs.5640
B. Rs.5604
C. Rs.460
D. Rs.5460
What amount does Sonia get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually ?
A. Rs.9680
B. Rs.9610
C. Rs.9630
D. None of these
Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. ( Round off your answer to nearest integer ) .
A. Rs.4266
B. Rs.4064
C. Rs.4273
D. Rs.4613
Imran invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years ?
A. 4% p.a.
B. 5% p.a.
C. 8% p.a.
D. 6% p.a.
Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest ?
A. 24% p.a.
B. 20% p.a.
C. 18% p.a.
D. 22% p.a.
A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate .
A. Rs.5012.50
B. Rs.5062.50
C. Rs.500
D. None of these.
A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?
A. Rs.8000
B. Rs.6500
C. Rs.7500
D. Rs.7000
Compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum .
A. Rs.17000
B. Rs.17500
C. Rs.18000
D. Rs.18500
What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly ?
A. Rs.130
B. Rs.110
C. Rs.140
D. Rs.120