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Home Aptitude Compound Interest Comments

  • Question
  • A man borrowed some money and agreed to pay-off by paying Rs 3150 at the end of the 1st year and Rs 4410 at the end of the 2nd year. If the rate of compound interest is 5% per annum, then the sum is


  • Options
  • A. Rs 5000
  • B. Rs 6500
  • C. Rs 7000
  • D. Rs 9200

  • Correct Answer
  • Rs 7000 

  • Tags: Bank Exams

    Compound Interest problems


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    • 1. In 3 years Rs 3000 amounts to Rs 3993 at x% compound interest, compounded annually. The value of x is

    • Options
    • A. 10
    • B. 8
    • C. 5
    • D. 3 1/3
    • Discuss
    • 2. The sum for 2 years gives a compound interest of Rs 3225 at 15% rate. Then sum is

    • Options
    • A. 10000
    • B. 20000
    • C. 15000
    • D. 32250
    • Discuss
    • 3. If the difference of the compound interest and the simple interest on a sum of money for 3 years is Rs. 186. Find the sum of money, if the rate of interest in both case be 10%

    • Options
    • A. Rs. 5500
    • B. Rs.7200
    • C. Rs.6500
    • D. Rs.6000
    • Discuss
    • 4. 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
    • 5. 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
    • 6. Rs 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4% per annum then Ram's share is

    • Options
    • A. 125000
    • B. 135200
    • C. 152000
    • D. 108200
    • Discuss
    • 7. If the compound interest for the 3rd and 4th year on a certain principal is Rs 125 and Rs 135 respectively, what is the rate of interest (in %)?

    • Options
    • A. 9
    • B. 10
    • C. 8
    • D. 12
    • Discuss
    • 8. What is the difference (in Rs) in Compound interest earned in 1 year on a sum of Rs 25,000 at 20% per annum compounded semi-annually and annually?

    • Options
    • A. 125
    • B. 250
    • C. 500
    • D. 375
    • Discuss
    • 9. In how many years will Rs 2,000 yield Rs 662 as compound interest at 10% per annum compounded annually?

    • Options
    • A. 3
    • B. 2
    • C. 4
    • D. 5
    • Discuss
    • 10. If compound interest received on a certain amount in the 3rd year is Rs. 12,100, what will be the compound interest (in Rs) for the 4th year on the same amount if rate of interest is 9%?

    • Options
    • A. 17080
    • B. 15669
    • C. 13189
    • D. 14376
    • Discuss


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