1. The Simple interest on a certain sum for 2 years at 20% per annum is Rs. 80. The corresponding compound interest is 1. Rs. 66 2. Rs. 82 3. Rs. 86 4. Rs. 88 2. The Compound interest on Rs. 20,480 at 6 1⁄4 % per annum for 2 years 73 days, is […]
1. The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is: 1. 6.07% 2. 6.08% 3. 6.06% 4. 6.09% 2. Arun invested an amount of Rs. 20000 in a fixed deposit scheme for 2 years at compound interest rate 4 p.c.p.a. How much amount will Arun
1. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum? 1. 9% 2. 12% 3. 8% 4. 6% 2. If the simple interest on a sum of money for 2 years at 5% per annum
1. What is the difference between the compound interests on Rs. 5000 for 11⁄2 years at 4% per annum compounded yearly and half-yearly? 1. Rs. 2.04 2. Rs. 4.80 3. Rs. 3.06 4. Rs. 8.30 2. A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st
1. A sum is invested at compounded interest payable annually. The interest in the first two successive years was Rs. 400 and Rs. 420. The sum is 1. Rs. 8000 2. Rs.7500 3. Rs. 8500 4. Rs. 8200 2. Arun borrowed a certain sum from Manish at a certain rate of simple interest for
1. There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate? 1. Rs. 2160 2. Rs. 3120 3. Rs. 3972 4. Rs. 6240 2. The simple interest accrued on an amount of Rs. 25,000 at
1. A four years NSC certificate was purchased for Rs. 500 with Rs. 1000 being the maturity value. Find the rate of S.I. 1. 24% 2. 22% 3. 16% 4. 25% 2. If simple interest on a certain sum of money for 8 years at 4% per annum is same as the simple interest
1. If the simple interest on a certain sum of money for 4 years is one–fifth of the sum, then the rate of interest per annum is 1. 4% 2. 7% 3. 6% 4. 5% 2. A certain sum in invested for T years. It amounts to Rs. 400 at 10% per annum. But
1. The simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year is 1. Rs. 8 2. Rs. 6 3. Rs. 4 4. Rs. 9 2. Find the Simple Interest on Rs. 7500 at 11% for 2 Years and 5 months. 1. Rs.1994.25 2. Rs.1991.25 3.
1. A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is: 1. Rs.750 2. Rs.700 3. Rs.820 4. Rs.940 2. The simple interest at x% for x years will be Rs. x
1. David invested certain amount in three different schemes A, B and C with the rate of interest 10% p.a., 12% p.a. and 15% p.a. respectively. If the total interest accrued in one year was Rs. 3200 and the amount invested in Scheme C was 150% of the amount invested in Scheme A and 240%
1. In how many years, Rs. 150 will produce the same interest at 6% as Rs. 800 produce in 2 years at 4½% ? 1. 4 years 2. 6 years 3. 8 years 4. 9 years 2. A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple
1. A lends Rs. 1500 to B and a certain sum to C at the same time at 8% per annum simple interest. If after 4 years, A altogether receives Rs. 1400 as interest from B and C, then the sum lent to C is 1. Rs.2875 2. Rs.1885 3. Rs.2245 4. Rs.2615 2.
1. A sum of Rs. 14,000 amounts to Rs. 22,400 in 12 years at the rate of simple interest. What is the rate of interest? 1. 7% 2. 6% 3. 5% 4. 4% 2. A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After
1. A person borrows Rs.5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 1⁄4% p.a for 2 years. Find his gain in the transaction per year. 1. Rs. 167.50 2. Rs. 150 3. Rs.225 4. Rs. 112.50 2. What will be the ratio of simple