A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.

Related Mcqs:

The sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?

A. 18 B. 12 C. 9 D. 6...

What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?

A. Rs. 31 B. Rs. 32.10 C. Rs. 40.40 D. Rs. 64.10...

The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?

A. Rs.600 B. Rs.500 C. Rs.400 D. Rs.300...

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...

The population of a city increases at the rate of 4% p.a. but there is an additional annual increase of 1% in the population due to some job seekers. The percentage increase in the population after 2 years is_________?

A. 10 B. 11 C. 10.25 D. 10.15...