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.Management Sciences
Category: Compound Interest
The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?
A. Rs.12000
B. Rs.14200
C. Rs.17520
D. Rs.13500
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Shohaib invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Shohaib get on maturity of the fixed deposit?
A. Rs. 8600
B. Rs. 8620
C. Rs. 8800
D. Rs. 8840
E. None of these
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What will be the compound interest on Rs 25000 after 3 years at 12% Per annum?
A. Rs 9000.30
B. Rs 9720
C. Rs 10123.20
D. Rs 10483.20
E. None of these
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Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:_______?
A. Rs. 1550
B. Rs. 1650
C. Rs. 1750
D. Rs. 2000
Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid Rs.2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?
A. Rs.635.50
B. Rs.613.50
C. Rs.675.50
D. Rs.653.50
Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?
A. Rs.81.60
B. Rs.160
C. Rs.1081.60
D. Rs.99
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