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Home Aptitude Compound Interest See What Others Are Saying!
  • Question
  • 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

  • Correct Answer
  • Rs. 4826 

    Explanation

    We know the formula for calculating

    The compound interest  C   =   P 1   +   r 100 n   -   1  where P = amount, r = rate of interest, n = time

    Here P = 5000, r1 = 10, r2 = 20

    Then  C   =   6500 1   +   10 100 2   x   1   +   20 100 2   -   1 =   6500   x   1856 2500 =   65   x   1856 25

    C = Rs. 4826.

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    More questions

    • 1. 
      ?. x 4 ? 227 = 398
      ?. y 2 + 321 = 346

    • Options
    • A. 1
    • B. 2
    • C. 3
    • D. 4
    • Discuss
    • 2. If 6th March, 2005 is Monday, what was the day of the week on 6th March, 2004?

    • Options
    • A. Sunday
    • B. Saturday
    • C. Tuesday
    • D. Wednesday
    • Discuss
    • 3. 1, 4, 9, 16, 23, 25, 36

    • Options
    • A. 9
    • B. 23
    • C. 25
    • D. 36
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    • 4. 
      A sum of money is to be divided equally among P, Q and R in the respective ratio of 5 : 6 : 7 and another sum of money is to be divided between S and T equally. If S got ? 2100 less than P, then how much amount did Q receive?

    • Options
    • A. ? 2500
    • B. ? 2000
    • C. ? 1500
    • D. Couldn't be determined
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    • 5. 
      If a : b = b : c, then ratio a 4 : b 4 is equal to

    • Options
    • A. ac : b2
    • B. a2 : c2
    • C. c2 : a2
    • D. b2 : ac
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    • 6. 
      A man covers half of his journey at 6 km/h and the remaining half at 3 km/h. Find his average speed.

    • Options
    • A. 3 km/h
    • B. 4 km/h
    • C. 4.5 km/h
    • D. 9 km/h
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    • 7. 
      A person can walk a certain distance and drive back in 6 h. He can also walk both ways in 10 h. How much time will he take to drive both ways?

    • Options
    • A. 2 h
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    • C. 51/2 h
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    • 8. 
      Find the least number by which 175760 be devided to make it a perfect cube.

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    • A. 10
    • B. 20
    • C. 100
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    • 9. 
      The roots of the equation x2 + px + q = 0 are equal if :

    • Options
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    • 10. 
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