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- Question
A bank offers 5% compound interest per half year. A customer deposits Rs 4800 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?
Options- A. Rs 732
- B. Rs 1464
- C. Rs 366
- D. Rs 183
- Correct Answer
- Rs 732
- 1. There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest (in rupees) of Rs 30000 after 2 years at the same rate?
Options- A. 6150
- B. 7687.5
- C. 4612.5
- D. 3075 Discuss
- 2. On a certain principal if the simple interest for two years is Rs 2800 and compound interest for the two years is Rs 2996, what is the rate of Interest?
Options- A. 14 percent
- B. 7 percent
- C. 28 percent
- D. 21 percent Discuss
- 3. A bank offers 10% compound interest per half year. A customer deposits Rs. 3600 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 1116
- B. Rs 2232
- C. Rs 558
- D. Rs 279 Discuss
- 4. At what rate of compound interest per annum will a sum of Rs 20000 become Rs 25088 in 2 years?
Options- A. 24 percent
- B. 8 percent
- C. 12 percent
- D. 16 percent Discuss
- 5. 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
- 6. There is 40% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs. 25000 after 3 years at the same rate?
Options- A. Rs 6492.8
- B. Rs 12985.6
- C. Rs 16232
- D. Rs 9739.2 Discuss
- 7. There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 36000 after 2 years at the same rate?
Options- A. Rs 6150
- B. Rs 7687.5
- C. Rs 3690
- D. Rs 4612.5 Discuss
- 8. When 0.36 is written in simplest form, the sum of the numerator and the denominator is :
Options- A. 15
- B. 34
- C. 64
- D. 13 Discuss
- 9. If 47. 2506 = 4*A + 7/B + 2*C + 5/D + 6*E, then the value of 5*A + 3*B + 6*C + D + 3*E is :
Options- A. 55.6003
- B. 53.603
- C. 153.6003
- D. 213.003 Discuss
- 10. If 1.5x = 0.04y, then the value of ( (y - x) / (y+x) ) is :
Options- A. 73/77
- B. 7.3/77
- C. 730/77
- D. 7300/77 Discuss
Compound Interest problems
Search Results
Correct Answer: 3075
Correct Answer: 14 percent
Correct Answer: Rs 1116
Correct Answer: 12 percent
Correct Answer: 13189
Correct Answer: Rs 6492.8
Correct Answer: Rs 3690
Correct Answer: 34
Explanation:
0.36 = 36/100 = 9/25.
Sum of the numerator and denominator is 9 + 25 = 34
Correct Answer: 153.6003
Explanation:
4*A + 7/B + 2*C + 5/D + 6*E =47.2506
=> 4 * A + 7/B + 2 *C + 5/D + 6*E = 40 + 7 + 0.2 + 0.05 + 0.0006
Comparing the terms on both sides, we get :
4*A =40, 7/B = 7, 2*C = 0.2, 5/D = 0.05, 6*E = 0.0006
A = 10,
B = 1,
C = 0.1,
D = 100,
E = 0.0001.
5*A + 3*B + 6*C + D + 3*E =(5*10) + (3*1) + (6*0.1) +100 +(3*0.0001)
=50 + 3 + 0.6 + 100 + 0.003 = 153.6003.
Correct Answer: 73/77
Explanation:
x / y = 0.04 / 1.5 = 4 / 150 = 2 / 75.
= > ( (y - x) / (y+x) ) = (1 - (x / y)) / ( 1 + ( x / y)) = (1 - 2/75) / (1 + 2/75) = 73/77...
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