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- Question
Compound interest on a certain sum of money at 20% per annum for 2 years is Rs.5995. What is the SI on the same money at 8% per annum for 6 years ?
Options- A. Rs. 5989
- B. Rs. 6540
- C. Rs. 7844
- D. Rs. 6789
- Correct Answer
- Rs. 6540
- 1. A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year
Options- A. Rs.5624.32
- B. Rs.5423
- C. Rs.5634
- D. Rs.5976 Discuss
- 2. The principal that amounts to Rs.4913 in 3 years at 413 % per annum compound interest compounded annually is
Options- A. Rs.3096
- B. Rs.4076
- C. Rs.4085
- D. Rs.4096 Discuss
- 3. A certain sum is to be divided between A and B so that after 5 years the amount received by A is equal to the amount received by B after 7 years. The rate of interest is 10%, interest compounded annually. Find the ratio of amounts invested by them.
Options- A. 121:100
- B. 125:100
- C. 100:121
- D. 100:125 Discuss
- 4. Divide Rs. 1301 between A and B, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum.
Options- A. Rs.625
- B. Rs.626
- C. Rs.286
- D. Rs.627 Discuss
- 5. Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually
Options- A. Rs.512
- B. Rs.515
- C. Rs.612
- D. Rs.522 Discuss
- 6. A certain sum is invested for 2 years in scheme M at 20% p.a. compound interest (compounded annually), Same sum is also invested for the same period in scheme N at k% p.a. simple interest. The interest earned from scheme M is twice of that earned from scheme N. What is the value of k?
Options- A. 7
- B. 11
- C. 9
- D. 13 Discuss
- 7. The present worth of Rs.169 due in 2 years at 4% per annum compound interest is
Options- A. Rs.156.25
- B. Rs.150
- C. Rs.140
- D. Rs125.25 Discuss
- 8. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 16000 for 2 years at 10% per annum. The sum placed on simple interest is:
Options- A. Rs 14000
- B. Rs 3500
- C. Rs 7000
- D. Rs 5600 Discuss
- 9. Find the compound interest on Rs. 6,500 for 4 years if the rate of interest is 10% p.a. for the first 2 years and 20% per annum for the next 2 years?
Options- A. Rs. 3845
- B. Rs. 4826
- C. Rs. 5142
- D. Rs. 4415 Discuss
- 10. What is the interest rate per annum, if a sum of money invested at compound interest amount to Rs. 2400 in 3 years and in 4 years to Rs. 2,520?
Options- A. 3.5%
- B. 4%
- C. 5%
- D. 6.5% Discuss
Compound Interest problems
Search Results
Correct Answer: Rs.5624.32
Correct Answer: Rs.4096
Explanation:
principal =
= Rs.4096
Correct Answer: 121:100
Correct Answer: Rs.625
Explanation:
Let the two parts be Rs. x and Rs. (1301 - x).
=> 625x=676(1301-x)
1301x=676 x 1301x=676.
So,the parts are rs.676 and rs.(1301-676)i.e rs.676 and rs.625
Correct Answer: Rs.612
Explanation:
Amount
= Rs[7500x(1+4/100)²]
=Rs.(7500 * 26/25 * 26/25)
=Rs.8112
C.I
= Rs(8112 - 7500)
=Rs.612
Correct Answer: 11
Explanation:
Interest earned in scheme M =
Interest earned in scheme N =
Now, from the given data,
k = 11
Correct Answer: Rs.156.25
Explanation:
Present Worth
=
=
= Rs.156.25
Correct Answer: Rs 7000
Correct Answer: Rs. 4826
Explanation:
We know the formula for calculating
The compound interest where P = amount, r = rate of interest, n = time
Here P = 5000, r1 = 10, r2 = 20
Then
C = Rs. 4826.
Correct Answer: 5%
Explanation:
Let 'R%' be the rate of interest
From the given data,
Hence, the rate of interest R = 5% per annum.
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