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  • Question
  • What rate per cent per annum compound interest will Rs. 3,000 in 3 years if the interest is reckoned half yearly?


  • Options
  • A. 12%
  • B. 13%
  • C. 14%
  • D. 15%

  • Correct Answer
  • 14% 

    Explanation

    ? 3000 = 2000(1 + r/200)6
    ? 3/2 = (1 + r/200)6
    ? 1 + r/200 = (3/2)1/6
    ? log(1 + r/200)= 1/6(log 3 - log 2 )
    ? log(1 + r/200)= 1/6(0.4771-.3010)
    = 0.02935
    ? (1 + r/200) = antilog(.02935)
    ? 1 + r/200 = 1.070 = 1 + 7/100
    ? r = 14%


  • Logarithm problems


    Search Results


    • 1. 
      The population of a town at the beginning of the year 1986 was 2,65,000. If the rate of increase be 52 per thousand of the population. Find the population at the beginning of the year 1991.?

    • Options
    • A. 3,40,400
    • B. 3,41,400
    • C. 3,42,400
    • D. 3,43,400
    • Discuss
    • 2. 
      The number of digits in the numeral for (875) 16?

    • Options
    • A. 47 digit
    • B. 48 digit
    • C. 49 digit
    • D. 50 digit
    • Discuss
    • 3. 
      The value of 1/(log 2 ?) + 1/(log 6 ?) is?

    • Options
    • A. greater then 1
    • B. less than 1
    • C. between 5 and 6
    • D. None of these
    • Discuss
    • 4. 
      Given log 10 2 = 0.30103, log 10 3 = 0.47712. Find the number of digit, in 3 12 x 2 8?

    • Options
    • A. 6
    • B. 7
    • C. 8
    • D. 9
    • Discuss
    • 5. 
      The number of digits in the numeral for 2 64?

    • Options
    • A. 18 digit
    • B. 19 digit
    • C. 20 digit
    • D. 21digit
    • Discuss
    • 6. 
      What is the probability that a number selected from the numbers 1, 2, 3, 4, 5....16 is a prime number?

    • Options
    • A. 1/16
    • B. 5/8
    • C. 3/8
    • D. 7/16
    • Discuss
    • 7. 
      An urn contains 9 red, 7 white and 4 black balls. A ball is drawn at random. What is the probability that the ball drawn is not red?

    • Options
    • A. 1/11
    • B. 9/20
    • C. 2/11
    • D. 11/20
    • Discuss
    • 8. 
      In a lottery there are 20 prizes and 15 blanks. What is the probability of getting prize?

    • Options
    • A. 1/10
    • B. 2/5
    • C. 4/7
    • D. 2/7
    • Discuss
    • 9. 
      The odds in favour of an event are 3 : 5. The probability of occurrence of the event is?

    • Options
    • A. 3/5
    • B. 3/8
    • C. 1/3
    • D. 1/5
    • Discuss
    • 10. 
      The probability of getting heads in both trials when a balanced coin is tossed twice will be?

    • Options
    • A. 1/4
    • B. 1/2
    • C. 1
    • D. 3/4
    • Discuss


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