The compound interest on ₹ 5,000 for 3 years at 10% p.a. will amount to
₹ 1,654
₹ 1,655
₹ 1,600
₹ 1,600
What sum will give ₹ 244 as the difference between simple interest and compound interest at 10% in compounded half yearly?
₹ 40,000
₹ 36,000
₹ 32,000
₹ 32,000
A sum of ₹ 3,200 invested at 10% p.a. compounded quarterly amounts to ₹ 3,362. Compute the time period.
1 year
2 years
2 years
If a sum of money compounded annually becomes 1.44 times of itself in 2 years, then the rate of interest per annum is
25%
22%
21%
21%
If a sum of money placed at compound interest, compounded annually, doubles itself in 5 years, then the same amount of money will be 8 times of itself in
25 years
20 years
15 years
15 years
A sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?
9
27
6
6
An amount of money at compound interest grows up to ₹ 3,840 in 4 years and up to ₹ 3,936 in 5 years. Find the rate of interest.
2.5%
2%
3.5%
3.5%
A sum of money, deposited at some rate per cent per annum of compound interest, doubles itself in 4 years. In how many years will it become 16 times of itself at the same rate?
16
12
10
10
What is the difference between the compound interest and simple interest on Rs. 4000 at 5% per annum for 2 years?
10
11
20
20
The simple and compound interest on a sum of money for 2 year are Rs. 8400 and Rs. 8652 respectively. The rate of interest per annum is
6%
7.5%
9%
9%