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.Management Sciences
Category: Compound Interest
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?
0
A. 1875/2029
B. 1/2.5
C. 1903/2156
D. 4/9
The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum.
A. Rs.18000
B. Rs.17000
C. Rs.18500
D. Rs.17500
E. None of these.
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Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?
A. Rs.460
B. Rs.5640
C. Rs.5460
D. Rs.5604
If the interest is payable annually than the principal on which the compound interest for 3 years at 10% P.a is Rs 33/- is given by:__________?
A. Rs 900
B. Rs 1000
C. Rs 1050
D. Rs 1100
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The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is________?
A. 6.06%
B. 6.07%
C. 6.08%
D. 6.09%
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What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?
A. Rs.9630
B. Rs.9680
C. Rs.9610
D. Rs.9650
E. None of these
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Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?
A. Rs.1261
B. Rs.9261
C. Rs.9621
D. Rs.9162
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A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum?
A. Rs.7500
B. Rs.7000
C. Rs.8000
D. Rs.6500
E. None of these
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