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.Management Sciences
Category: Compound Interest
The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:__________?
A. Rs 2518
B. Rs 2520
C. Rs 2522
D. Rs 2524
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Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?
A. Rs.17684
B. Rs.1684
C. Rs.2522
D. Rs.3408
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The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
A. 8
B. 10
C. 12
D. Cannot be determined
How much would a sum of Rs 16000 approximately amount to in 2 years at 10% P.a compounded half-yearly?
A. Rs 17423
B. Rs 18973
C. Rs 19448
D. Rs 19880
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The principal that amounts to Rs. 4913 in 3 years at 6 1/4 % per annum C.I. compounded annually, is_________??
A. Rs. 3096
B. Rs. 4076
C. Rs. 4085
D. Rs. 4096
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