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 sum at the same rate and for the same time?
Rs, 51.25
Rs. 52
Rs. 54.25
Rs. 60
Quiz Recommendation System API Link  https://fresherbellquizapi.herokuapp.com/fresherbell_quiz_api
#  Quiz 

1
Discuss

Sam invested Rs. 15000 at the rate of 10% per annum for one year. If the interest is compounded halfyearly, then the amount received by Sam at the end of the year will be:
Solution 
2
Discuss

In how many years will a sum of Rs. 800 at 10% per annum compound interest, compounded semiannually becomes Rs. 926.10?
Solution 
3
Discuss

There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
Solution 
4
Discuss

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable halfyearly is:
Solution 
5
Discuss

A sum of money invested at compounded interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate on interest per annum is
Solution 
6
Discuss

Albert invested an amount of Rs.8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?
Solution 
7
Discuss

A bank offers 5% compound interest calculated on halfyearly basis. A customer deposits Rs.1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:
Solution 
8
Discuss

The difference between S.I. and C.I. on Rs. 1200 for one year at 10% per annum calculated halfyearly is
Solution 
9
Discuss

Find the compound interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly.
Solution 
10
Discuss

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?
Solution 
#  Quiz 
Copyright © 2020 Inovatik  All rights reserved