Quiz Discussion

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

• 1]

  3%

• 2]

  4%

• 3]

  5%

• 4]

  6%

In how many years will a sum of Rs. 800 at 10% per annum compound interest, compounded semi-annually becomes Rs. 926.10?

• 1]

  1 1/2 years

• 2]

  1 2/3 years

• 3]

  2 1/3 years

• 4]

  2 1/2 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 sum at the same rate and for the same time?

• 1]

   

  Rs, 51.25

• 2]

  Rs. 52

• 3]

  Rs. 54.25

• 4]

  Rs. 60

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

• 1]

  Rs 48

• 2]

  Rs 66.56

• 3]

  Rs 98.56

• 4]

  None Of These

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

• 1]

  Rs. 10123.20

• 2]

  Rs. 11123.20

• 3]

  Rs. 12123.20

• 4]

  Rs. 13123.20

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

• 1]

  Rs. 16,500

• 2]

  Rs. 16,525.50

• 3]

  Rs. 16,537.50

• 4]

  Rs. 18,150

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

• 1]

  Rs. 1851

• 2]

  Rs. 1941

• 3]

   

  Rs. 1951

• 4]

  Rs. 1961

The difference between S.I. and C.I. on Rs. 1200 for one year at 10% per annum calculated half-yearly is

• 1]

  Rs. 2.50

• 2]

  Rs. 3

• 3]

  Rs. 3.75

• 4]

  Rs. 4

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?

• 1]

  Rs. 666.50

• 2]

  Rs. 565.25

• 3]

  Rs. 635

• 4]

  Rs. 662.02

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?

• 1]

  Rs 8600

• 2]

  Rs 8620

• 3]

  Rs 8820

• 4]

  None Of These