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.Management Sciences
Category: Compound Interest
What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?
A. Rs. 31
B. Rs. 32.10
C. Rs. 40.40
D. Rs. 64.10
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The simple interest accrued on an amount of Rs.49500 at he end of three is Rs.17820. What would be the compound interest accured on the same amount at teh same rate in the same period? (Round off your answer to two decimal places)
A. Rs.20043.94
B. Rs.18654.81
C. Rs.20264.46
D. Rs.19612.41
E. None of these
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Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is_________?
A. Rs. 81.60
B. Rs. 160
C. Rs. 1081.60
D. None of these
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Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?
A. 6 years
B. 1 year
C. 2 years
D. 4 years
If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the rate and for the same time?
A. Rs. 51.25
B. Rs. 52
C. Rs. 54.25
D. Rs. 60
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A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.
A. Rs.2520
B. Rs.3120
C. Rs.3320
D. Rs.2760
E. None of these
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What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?
A. Rs.8000
B. Rs.8400
C. Rs.7500
D. None
What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?
A. 1875/2029
B. 1/2.5
C. 1903/2156
D. 4/9
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