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- Question
A man borrowed some money and agreed to pay-off by paying Rs 3150 at the end of the 1st year and Rs 4410 at the end of the 2nd year. If the rate of compound interest is 5% per annum, then the sum is
Options- A. Rs 5000
- B. Rs 6500
- C. Rs 7000
- D. Rs 9200
- Correct Answer
- Rs 7000
- 1. In 3 years Rs 3000 amounts to Rs 3993 at x% compound interest, compounded annually. The value of x is
Options- A. 10
- B. 8
- C. 5
- D. 3 1/3 Discuss
- 2. The sum for 2 years gives a compound interest of Rs 3225 at 15% rate. Then sum is
Options- A. 10000
- B. 20000
- C. 15000
- D. 32250 Discuss
- 3. 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
- 4. 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
- 5. 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
- 6. Rs 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4% per annum then Ram's share is
Options- A. 125000
- B. 135200
- C. 152000
- D. 108200 Discuss
- 7. If the compound interest for the 3rd and 4th year on a certain principal is Rs 125 and Rs 135 respectively, what is the rate of interest (in %)?
Options- A. 9
- B. 10
- C. 8
- D. 12 Discuss
- 8. What is the difference (in Rs) in Compound interest earned in 1 year on a sum of Rs 25,000 at 20% per annum compounded semi-annually and annually?
Options- A. 125
- B. 250
- C. 500
- D. 375 Discuss
- 9. When 0.36 is written in simplest form, the sum of the numerator and the denominator is :
Options- A. 15
- B. 34
- C. 64
- D. 13 Discuss
- 10. If 47. 2506 = 4*A + 7/B + 2*C + 5/D + 6*E, then the value of 5*A + 3*B + 6*C + D + 3*E is :
Options- A. 55.6003
- B. 53.603
- C. 153.6003
- D. 213.003 Discuss
Compound Interest problems
Search Results
Correct Answer: 10
Correct Answer: 10000
Correct Answer: Rs.6000
Correct Answer: Rs. 1856.40
Correct Answer: 7%
Correct Answer: 135200
Correct Answer: 8
Correct Answer: 250
Correct Answer: 34
Explanation:
0.36 = 36/100 = 9/25.
Sum of the numerator and denominator is 9 + 25 = 34
Correct Answer: 153.6003
Explanation:
4*A + 7/B + 2*C + 5/D + 6*E =47.2506
=> 4 * A + 7/B + 2 *C + 5/D + 6*E = 40 + 7 + 0.2 + 0.05 + 0.0006
Comparing the terms on both sides, we get :
4*A =40, 7/B = 7, 2*C = 0.2, 5/D = 0.05, 6*E = 0.0006
A = 10,
B = 1,
C = 0.1,
D = 100,
E = 0.0001.
5*A + 3*B + 6*C + D + 3*E =(5*10) + (3*1) + (6*0.1) +100 +(3*0.0001)
=50 + 3 + 0.6 + 100 + 0.003 = 153.6003.
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