A. 15%

**B. 10%**

C. 7 1/2 %

D. 8%

# Compound Interest

## A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.

A. Rs.500

B. Rs.250

C. Rs.5012.50

D. Rs.5062.50

**E. None of these.**

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## A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?

A. Rs. 565.25

B. Rs. 635

**C. Rs. 662.02**

D. Rs. 666.50

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## On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?

A. 10%

B. 10.5%

C. 12%

**D. None of these**

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## The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

A. Rs.3502.80

B. Rs.3052.40

C. Rs.3054.8

**D. Rs.3052.80**

E. None of these

## What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?

A. Rs.140

**B. Rs.120**

C. Rs.130

D. Rs.110

E. None of these.

## A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest?

A. 7 years

B. 10 years

**C. 15 years**

D. 20 years

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## Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

**A. Rs.1261**

B. Rs.1440

C. Rs.1185

D. Rs.1346

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## If the C.I. on a sum for 2 years at 12 1/2 % per annum is Rs. 510, the S.I. on the same sum at the same rate for the same period of time is________?

A. Rs. 400

B. Rs. 450

C. Rs. 460

**D. Rs. 480**

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## A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in?

A. 7 years

B. 10 years

**C. 15 years**

D. 20 years

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