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

23.

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%