Question: The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs. ) is_________?
- 1. 625
- 2. 630
- 3. 640
- 4. 650
Question: There is 60% increase in an amount in 6 years at S.I. What will be the C.I. of Rs. 12,000 after 3 years at the same rate?
- 1. Rs. 2160
- 2. Rs. 3120
- 3. Rs. 3972
- 4. Rs. 6240
Question: The S.I. on a certain sum of money for 3 years at 8% per annum is half the C.I. on Rs. 4000 for 2 years at 10% per annum. The sum placed on S.I. is________?
- 1. Rs. 1550
- 2. Rs. 1650
- 3. Rs. 1750
- 4. Rs. 2000
Question: The C.I. on a certain sum for 2 years at 10% per annum is Rs. 525. The S.I. on the same sum for double the time at half the rate percent per annum is________?
- 1. Rs. 400
- 2. Rs. 500
- 3. Rs. 600
- 4. Rs. 800
Question: If the C.I. on a sum for 2 years at 12 1/2 % per annum is Rs. 510, the S.I. on the same sum at the same rate for the same period of time is________?
- 1. Rs. 400
- 2. Rs. 450
- 3. Rs. 460
- 4. Rs. 480
Question: The principal that amounts to Rs. 4913 in 3 years at 6 1/4 % per annum C.I. compounded annually, is_________??
- 1. Rs. 3096
- 2. Rs. 4076
- 3. Rs. 4085
- 4. Rs. 4096
Question: The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period(in years) is_________?
- 1. 2
- 2. 2 1/2
- 3. 3
- 4. 4
Question: The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is________?
- 1. Rs. 2.50
- 2. Rs. 3
- 3. Rs. 3.75
- 4. Rs. 4
Question: What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?
- 1. Rs. 31
- 2. Rs. 32.10
- 3. Rs. 40.40
- 4. Rs. 64.10
Question: 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 rate and for the same time?
- 1. Rs. 51.25
- 2. Rs. 52
- 3. Rs. 54.25
- 4. Rs. 60