Search
.Management Sciences
A. 2
B. 2 1/2
C. 3
D. 4
Explanation:
Amount = (30000 + 4347) = Rs. 34347
Let the time be n years. Then,
30000(1 + 7/100)n = 34347
= (107/100)n = 34347/30000 = (107/100)2
n = 2 years.
Related Mcqs:
- Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?
- A. Rs.81.60 B. Rs.160 C. Rs.1081.60 D. Rs.99...
- 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...
- If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?
- A. Rs. 51.25 B. Rs. 52 C. Rs. 54.25 D. Rs. 60...
- The difference between simple interest and C.I. at the same rate for Rs.5000 for 2 years in Rs.72. The rate of interest is?
- A. 10% B. 12% C. 6% D. 8%...
- The compound interest accrued on an amount of Rs.44000 at the end of two years is Rs.1193.60. What would be the simple interest accrued on the same amount at the same rate in the same period?
- A. Rs.10,840 B. Rs.10,720 C. Rs.10,560 D. Rs.10,280 E. None of these....
Recent Comments