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- Question
The difference between compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is Rs. 41. What is the sum of money?
Options- A. Rs.7200
- B. Rs.9600
- C. Rs.16400
- D. Rs.8400
- Correct Answer
- Rs.16400
- 1. The amount received at 10% per annum Compound interest after 3 yrs is Rs 5324. What was the principal (in Rs)?
Options- A. 4100
- B. 4200
- C. 4000
- D. 4300 Discuss
- 2. The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.) is
Options- A. Rs. 1331
- B. Rs. 331
- C. Rs. 300
- D. Rs. 1300 Discuss
- 3. A bank offers 15% compound interest per half year. A customer deposits Rs 8800 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is _____.
Options- A. Rs 8315
- B. Rs 2079
- C. Rs 4158
- D. Rs 1039 Discuss
- 4. 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
- 5. At what rate of compound interest (in %) per annum will a sum of Rs. 15,000 become Rs. 18,150 in 2 years?
Options- A. 11
- B. 10
- C. 9
- D. 12 Discuss
- 6. If compound interest received on a certain amount in the 3rd year is Rs. 1,240, what will be the compound interest (in Rs) for the 4th year on the same amount at 9% rate of interest?
Options- A. 1245.6
- B. 1521.6
- C. 1351.6
- D. 1220.6 Discuss
- 7. 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
- 8. What is the difference (in Rs) between the compound interests on Rs. 4000 for 1 year at 12% per annum compounded yearly and half-yearly?
Options- A. 14.4
- B. 12.4
- C. 10.4
- D. 16.4 Discuss
- 9. If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs 2100, and Rs 2268 respectively, what is the rate (in %) of interest?
Options- A. 7
- B. 8
- C. 9
- D. 10 Discuss
- 10. 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
Compound Interest problems
Search Results
Correct Answer: 4000
Correct Answer: Rs. 331
Correct Answer: Rs 4158
Correct Answer: 7%
Correct Answer: 10
Correct Answer: 1351.6
Correct Answer: 7%
Correct Answer: 14.4
Correct Answer: 8
Correct Answer: Rs. 1856.40
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