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?

Related Mcqs:

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...

The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?

A. Rs.350 B. Rs.375 C. Rs. 380 D. Rs. 400...

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...

How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?

A. Rs.482 B. Rs.424 C. Rs.842 D. Rs.512...

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...