A sum of money lent at compound interest amounts to Rs. 1460 in

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31.

A sum of money lent at compound interest amounts to Rs. 1460 in 2 years and to Rs. 1606 in 3 years. The rate of interest per annum is

  • 12%

  • 11%

  • 10.5%

  • 10.5%


D.

10.5%

Difference  = (1606 - 1460) = 146
   equals space open parentheses 146 over 1460 cross times 100 close parentheses space equals space 10 percent sign

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32.

The compound interest on Rs. 6250 at 12% per annum for 1 year, compound half-yearly is

  • Rs 772.50

  • Rs. 772

  • Rs. 672.50

  • Rs. 672.50

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33.

A sum of money placed at compound interest doubles itself in 5 years. It will amount to eight times of itself at the same rate of interest in

  • 20 years

  • 10 years

  • 12 years

  • 15 years

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34.

A sum of money is paid back in two annual instalments of Rs. 17,640 each, allowing 5% compound interest compounded annually. The sum borrowed was

  • ₹ 32,800

  • ₹ 32,200

  • ₹ 32,000

  • ₹ 32,400

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35.

A man invested a sum of money at compound interest. It amounted to Rs. 2420 in 2 years and to Rs. 2662 in 3 years. Find the sum.

  • Rs. 1000

  • Rs. 2000

  • Rs. 5082

  • Rs. 5082

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36.

The compound interest on Rs.30,000 at 7% per annum for n years is Rs. 4347. The value of n is

  • 3

  • 2

  • 4

  • 4

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37.

The compound interest on â‚¹ 24,000/- at 10% per annum for 1 1 half space years comma interest being compounded semi-annually is

  • ₹ 3,783

  • ₹ 3,777

  • ₹ 3,780

  • ₹ 3,781

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38.

What would be the compound interest of â‚¹ 25,000/- for 2 years at 5% per annum?

  • ₹ 2,500

  • ₹ 2,562.5

  • ₹ 2,425.25

  • ₹ 5,512.5

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39.

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is â‚¹ 1/-. The sum (in ₹) is:

  • ₹ 620/-

  • ₹ 630/-

  • ₹ 640/-

  • ₹ 625/-

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40.

The compound interest on Rs 1,000/- at 10% per annum for 3 years (in Rs) is:

  • Rs. 1,331/-

  • Rs. 331/-

  • Rs. 300/-

  • Rs. 1,300/-

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