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.Management Sciences
Category: Compound Interest
What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?
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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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Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?
A. Rs. 16,500
B. Rs. 16,525.50
C. Rs. 16,537.50
D. Rs. 18,150
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Rayan invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Rayan’s investments if the interests from those investments are equal?
A. 4 : 3
B. 3 : 2
C. 6 : 5
D. 7 : 6
E. None of these
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A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was?
A. Rs. 1620
B. Rs. 1640
C. Rs. 1680
D. Rs. 1700
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Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000?
A. Rs.81000
B. Rs.80000
C. Rs.75000
D. Rs.64000
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The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.
A. Rs.18,828.80
B. Rs.19,828.80
C. Rs.18,028.80
D. Rs.17,828.80
E. None of these
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