A sum of money placed at compound interest doubles itself in 4 yr

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 Multiple Choice QuestionsMultiple Choice Questions

41.

In what time (in years) will â‚¹ 8,000/- amount to â‚¹ 9,261/- at 5% per annum, compounded annually?

  • 3

  • 3 1 half

  • 4

  • 4 1 half

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42.

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 â‚¹ 20/-, then the sum is

  • ₹ 2,000

  • ₹ 4,000

  • ₹ 6,000

  • ₹ 8,000

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43.

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

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44.

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

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45.

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

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46.

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

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47.

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%

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48.

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


C.

8 yr

'X' becomes '2X' in 4 yr.
∴   '2X' becomes '4X in 8 yr.

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49.

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

39 Views

50.

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

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