logo

CuriousTab

CuriousTab

Discussion


Home Aptitude Compound Interest Comments

  • Question
  • 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

  • Correct Answer
  • 11 percent 

  • Tags: AIEEE, Bank Exams, CAT

    Compound Interest problems


    Search Results


    • 1. Find the C.I. on Rs. 15,225 for 9 months at 16% per annum compounded quarterly ?

    • Options
    • A. Rs. 1911
    • B. Rs. 1909
    • C. Rs. 1901
    • D. Rs. 1907
    • Discuss
    • 2. The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is

    • Options
    • A. 6.06%
    • B. 6.07%
    • C. 6.08%
    • D. 6.09%
    • Discuss
    • 3. Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit

    • Options
    • A. Rs.8820
    • B. Rs.8620
    • C. Rs.8520
    • D. Rs.8320
    • Discuss
    • 4. Rs.100 doubled in 5 years when compounded annually. How many more years will it take to get another Rs.200 compound interest

    • Options
    • A. 3years
    • B. 5years
    • C. 6years
    • D. 7years
    • Discuss
    • 5. The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years?

    • Options
    • A. 8560
    • B. 8673
    • C. 8746
    • D. 8780.80
    • Discuss
    • 6. The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is

    • Options
    • A. Rs.4000
    • B. Rs.500
    • C. Rs.600
    • D. Rs.800
    • Discuss
    • 7. If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years ?

    • Options
    • A. 3387.42
    • B. 4387.42
    • C. 5387.42
    • D. 6387.42
    • Discuss
    • 8. Calculate the amount on Rs. 1875 for 2 year at 4% per annum, compounded yearly.

    • Options
    • A. Rs. 676
    • B. Rs. 776
    • C. Rs. 1778
    • D. Rs. 2028
    • Discuss
    • 9. A woman invests Rs. 2000 at the start of each year at 5% C.I. per annum. How much will her investments be at the end of the 2nd year?

    • Options
    • A. Rs. 4305
    • B. Rs. 430
    • C. Rs. 4355
    • D. Rs. 4350
    • Discuss
    • 10. What is the compound interest (in Rs) for 1 year on a sum of Rs 20000 at the rate of 40% per annum compounding half yearly?

    • Options
    • A. 8000
    • B. 8650
    • C. 8750
    • D. 8800
    • Discuss


    Comments

    There are no comments.

Enter a new Comment