logo

CuriousTab

CuriousTab

Discussion


Home Aptitude Compound Interest Comments

  • Question
  • If a sum of Rs.12500 is invested for 1 year at 12% per annum interest being compounded semi-annually, then interest earned is


  • Options
  • A. Rs.1505
  • B. Rs.1535
  • C. Rs.1545
  • D. Rs.1550

  • Correct Answer
  • Rs.1545 

  • Tags: Bank Exams

    Compound Interest problems


    Search Results


    • 1. Mr. Mike borrowed Rs. 8500 at 4% per annum C.I. The C.I. compounded annally for 2 years is :

    • Options
    • A. Rs. 9139.6
    • B. Rs. 639.6
    • C. Rs. 9193.6
    • D. Rs. 693.6
    • Discuss
    • 2. Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received Rs.550 as interest. He invested the remaining in a bond that paid compound interest, interest being compounded annually, for the same 2 years at the same rate of interest and received Rs.605 as interest. What was the value of his total savings before investing in thesetwo bonds?

    • Options
    • A. Rs.2543
    • B. Rs.2534
    • C. Rs.2546
    • D. Rs.2750
    • Discuss
    • 3. 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
    • 4. 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
    • 5. 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
    • 6. What will Rs.1500 amount to in three years if it is invested in 20% p.a. compound interest, interest being compounded annually?

    • Options
    • A. Rs.2592
    • B. Rs.2492
    • C. Rs.2352
    • D. Rs.2352
    • Discuss
    • 7. Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying the entire amount at the end of 2 years? I. The rate of interest is 5 p.c.p.a. II. Simple interest fetched on the same amount in one year is Rs. 600. III. The amount borrowed is 10 times the simple interest in 2 years.

    • Options
    • A. .I only
    • B. III only
    • C. I or II
    • D. II and Either I or III only
    • Discuss
    • 8. At 3% annual interest compounded monthly, how long will it take to double your money?

    • Options
    • A. 20.1
    • B. 21.1
    • C. 22.1
    • D. 23.1
    • Discuss
    • 9. Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420 ?

    • Options
    • A. Rs. 2000
    • B. Rs. 2100
    • C. Rs. 1900
    • D. Rs. 2150
    • Discuss
    • 10. Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit ?

    • Options
    • A. Rs. 8840
    • B. Rs. 8800
    • C. Rs. 8810
    • D. None
    • Discuss


    Comments

    There are no comments.

Enter a new Comment