Curioustab

Home » Aptitude » Compound Interest

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 5% per annum is Rs 45. The sum is

Rs 36000
Rs 72000
Rs 18000
Rs 54000

Correct Answer: Rs 18000

← Previous Question Next Question→

More Questions from Compound Interest

In what time(in years) will Rs. 8000 amount to Rs. 9261 at 5% per annum, compounded annually?
The difference between simple and compound interest (compounded annually) on a sum of money for 3 years at 10% per annum is Rs. 93. The sum (in Rs.) is:
A sum of money is invested at 20% compound interest (compounded annually). It would fetch Rs. 723 more if interest is compounded half-yearly. The sum
What is the compound interest earned on Rs 80,000 at 40% per annum in 1 year compounded quarterly?
The amount received at 10% per annum compound interest after 3 yrs is Rs 10,648. What was the principal (in Rs)?
A bank offers 15% compound interest per half year. A customer deposits Rs 7200 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by means of interest is
If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is Rs 9,600 and Rs 10,272 respectively, what is the rate of interest (in %)?
Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quartely.
What is the difference between the compound interests on Rs. 5000 for 112 years at 4% per annum compounded yearly and half-yearly?
The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion