The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable halfyearly is:
6.06%
6.07%
6.08%
6.09%
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1
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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
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2
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The difference between S.I. and C.I. on Rs. 1200 for one year at 10% per annum calculated halfyearly is
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3
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In how many years will a sum of Rs. 800 at 10% per annum compound interest, compounded semiannually becomes Rs. 926.10?
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4
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Find the compound interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly.
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5
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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
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6
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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?
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7
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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:
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8
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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?
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9
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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:
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10
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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?
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