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.Management Sciences
Category: Compound Interest
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:__________?
0
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
The difference between compound interest and simple interest on Rs 8000 at 5% P.a for 3 years is_________?
A. Rs 50
B. Rs 60
C. Rs 61
D. Rs 600
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If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?
A. Rs 1575.20
B. Rs 1600
C. Rs 1625.80
D. Rs 2000
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The difference between compound interest and simple interest on a sum for 2 years at 8% P.a is Rs 786. The sum is:_________?
A. Rs 100000
B. Rs 11000
C. Rs 120000
D. Rs 170000
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