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Home Aptitude Compound Interest Comments

  • Question
  • The difference between compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is Rs. 41. What is the sum of money?


  • Options
  • A. Rs.7200
  • B. Rs.9600
  • C. Rs.16400
  • D. Rs.8400

  • Correct Answer
  • Rs.16400 


  • Compound Interest problems


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    • 1. The amount received at 10% per annum compound interest after 3 yrs is Rs 10,648. What was the principal (in Rs)?

    • Options
    • A. 8000
    • B. 9000
    • C. 8500
    • D. 7500
    • Discuss
    • 2. The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.) is

    • Options
    • A. Rs. 1331
    • B. Rs. 331
    • C. Rs. 300
    • D. Rs. 1300
    • Discuss
    • 3. 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

    • Options
    • A. Rs 6803
    • B. Rs 850
    • C. Rs 3402
    • D. Rs 1701
    • Discuss
    • 4. If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs 2100, and Rs 2268 respectively, what is the rate (in %) of interest?

    • Options
    • A. 7
    • B. 8
    • C. 9
    • D. 10
    • Discuss
    • 5. At what rate of compound interest per annum will a sum of Rs 10000 become Rs 12321 in 2 years?

    • Options
    • A. 22 percent
    • B. 11 percent
    • C. 7 percent
    • D. 15 percent
    • Discuss
    • 6. If compound interest received on a certain amount in the 3rd year is Rs. 12,100, what will be the compound interest (in Rs) for the 4th year on the same amount if rate of interest is 9%?

    • Options
    • A. 17080
    • B. 15669
    • C. 13189
    • D. 14376
    • Discuss
    • 7. What is the difference (in Rs) between the compound interests on Rs. 1000 for 1 year at 10% per annum compounded yearly and half-yearly?

    • Options
    • A. 1.5
    • B. 0.5
    • C. 2.5
    • D. 3.5
    • Discuss
    • 8. If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 1,800, and Rs 1,926 respectively, what is the rate of interest?

    • Options
    • A. 7.5%
    • B. 7%
    • C. 6%
    • D. 6.5%
    • Discuss
    • 9. The compound interest on Rs. 4000 for 4 years at 10% per annum will be

    • Options
    • A. Rs. 1856.40
    • B. Rs. 1600
    • C. Rs. 1856
    • D. Rs. 1756.60
    • Discuss
    • 10. If the difference of the compound interest and the simple interest on a sum of money for 3 years is Rs. 186. Find the sum of money, if the rate of interest in both case be 10%

    • Options
    • A. Rs. 5500
    • B. Rs.7200
    • C. Rs.6500
    • D. Rs.6000
    • Discuss


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