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Home Aptitude Compound Interest Comments

  • Question
  • The compound interest on Rs. 8000 for 3 year at 10% p.a. is


  • Options
  • A. 2648
  • B. 2145
  • C. 2587
  • D. 2784

  • Correct Answer
  • 2648 

    Explanation

    8000 × 33.1% = 2648

  • Tags: AIEEE, Bank Exams, CAT, Bank Clerk, Bank PO

    Compound Interest problems


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    • 1. A sum is equally invested in two different schemes on CI at the rate of 15% and 20% for two years. If interest gained from the sum invested at 20% is Rs. 528.75 more than the sum invested at 15%, find the total sum?

    • Options
    • A. Rs. 7000
    • B. Rs. 4500
    • C. Rs. 9000
    • D. Rs. 8200
    • Discuss
    • 2. 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
    • 3. 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
    • 4. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:

    • Options
    • A. Rs.1550
    • B. Rs.1650
    • C. Rs,1750
    • D. Rs.1850
    • Discuss
    • 5. 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
    • 6. What is the difference between the compound interests on Rs. 5000 for 11?2 years at 4% per annum compounded yearly and half-yearly?

    • Options
    • A. Rs. 1.80
    • B. Rs. 2.04
    • C. Rs. 3.18
    • D. Rs. 4.15
    • Discuss
    • 7. At a certain rate of interest the compound interest of 3 years and simple interest of 5 years for certain sum of money is respectively Rs. 1513.2 and Rs. 2400. Find the common rate of interest per annum ?

    • Options
    • A. 5%
    • B. 6%
    • C. 4%
    • D. 3%
    • Discuss
    • 8. What will be the compound interest on a sum of Rs.25,000 after 3 years at the rate of 12 p.c.p.a?

    • Options
    • A. Rs.10123.20
    • B. Rs.12100
    • C. Rs.12552
    • D. Rs.12665
    • Discuss
    • 9. Rs. 5887 is divided between Shyam and Ram, such that Shyam's share at the end of 9 years is equal to Ram's share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam.

    • Options
    • A. 3567
    • B. 3452
    • C. 3087
    • D. 3544
    • Discuss
    • 10. The difference between the compound interest and the simple interest accrued on an amount of Rs. 18,000 in 2 years was Rs. 405. What was the rate of interest p.c.p.a. ?

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


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