In what time (in years) will â¹ 8,000/- amount to â¹ 9,261/- at 5% per annum, compounded annually?
3
4
If the difference between the compound interest and the simple interest on a certain sum at the rate of 5% per annum for 2 years is â¹ 20/-, then the sum is
â¹ 2,000
â¹ 4,000
â¹ 6,000
â¹ 8,000
A sum of money amounts to Rs 6,655/- at the rate of 10% compounded annually for 3 years. The sum of money is:
Rs 5,000
Rs 5,500
Rs 6,000
Rs 6,100
If a sum of Rs 12,500/- is invested for 1 year at 12% per annum interest being compounded semi-annually, then interest earned is
Rs 1,505
Rs 1,535
Rs 1,545
Rs 1,550
A sum of money at compound interest doubles itself in 15 yr. It will become eight times of itself in
45 yr
48 yr
54 yr
60 yr
At what rate percent per annum will a sum of ₹ 1000 amount to ₹ 1102.50 in 2yr at compound interest?
5
5.5
6
6.5
The difference between the compound interest and simple interest on ₹ 10000 for 2 yr is ₹ 25. The rate of interest per annum is
5%
7%
10%
12%
A.
5%
Shortcut Method:
A sum of money placed at compound interest doubles itself in 4 yr. In how many years will it amount to four times itself?
12 yr
13 yr
8 yr
16 yr
If the difference between SI and CI for 2 yr on a sum of money lent at 5% is ₹ 6, then the sum is
₹ 2200
₹ 2400
₹ 2600
₹ 2000
A person takes a loan of ₹ 10000 partly from a bank at 8% per annum and remaining from another bank at 10% per annum. He pays a total interest of ₹ 950 per annum. Amount of loan taken from the first bank (in ₹) is
2500
5200
2050
5020