The C.I. on a sum of money for 2 years is Rs. 832 and the S.I. on the same sum for the same period is Rs. 800. The difference between the C.I and S.I. for 3 years will be
Rs 48
Rs 66.56
Rs 98.56
None Of These
Quiz Recommendation System API Link  https://fresherbellquizapi.herokuapp.com/fresherbell_quiz_api
#  Quiz 

1
Discuss

Mr. Dua invested money in two schemes P and Q offering compound interest @ 8 p.c.p.a. and 9 p.c.p.a respectively. if the total amount of interest accrued two schemes together in two years was Rs 4818.30 and the total amount invested was Rs 27, 000, what was the amount invested in Scheme P?
Solution 
2
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 
3
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 
4
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 
5
Discuss

What will be the compound interest on a sum of Rs.25000 after 3 years at the rate of 12 per cent p.a.?
Solution 
6
Discuss

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?
Solution 
7
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 
8
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 
9
Discuss

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

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable halfyearly is:
Solution 
#  Quiz 
Copyright © 2020 Inovatik  All rights reserved