Find the amount which Shyam will get on ₹ 4096, if he gave it for 18 months at
, interest being compounded half yearly.
₹ 5813
₹ 4515
₹ 4913
₹
4913
C.
₹ 4913
Here, P = ₹ 4096, R =
=
T = 18 months =
Now, money received to Shyam
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2.
There is 75% increase in an amount in 5 years at simple interest. What will be the compound interest of ₹ 40,000/- after 2
years at the same rate?
₹ 25,800/-
₹ 32,250/-
₹ 12,900/-
₹ 19,350/-
C.
₹ 12,900/-
Rate of interest =
C.I. = A - P
3.
The time, in which Rs.2,000 will amount to Rs. 2,420 at 10% per annum compound interest, when the interest is compounded annually is,
5 years
2 years
3 years
3 years
B.
2 years
Shortcut Method: Go with option,
Detailed Method:
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4.The difference between compound and simple interests on Rs. 5,000 for two years at the same rate is Rs. 72. The rate of interest per annum is15%12%10%10%
B.
12%
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5.
At what per cent per annum of compound interest, compounded annually, will a sum of money become 16 times of itself in 4 years?
400%
200%
125%
125%
D.
125%
Let the principal be Rs. 100 ∴ Amount will be Rs. 1600 Time(n) = 4
years
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6.
A sum
amounts to Rs. 2,916 in 2 years and to Rs. 3,149.28 in 3 years at same rate of compound interest. The sum is
Rs. 2500
Rs. 2400
Rs. 2250
Rs. 2250
A.
Rs. 2500
Interest = 3,149.28 - 2,916 = 233.28
Now,
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7.
Rs. 3903 is to be divided between A and B so that A's share at the end of 7 years may be equal to B's share at the end of 9 years, at 4% per annum compound interest. The present share of B is
Rs. 2,218
Rs. 2,028
Rs. 1,875
Rs. 1,875
C.
Rs. 1,875
Let B's present share = Rs.
x.
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8.
A sum of ₹ 1,200/- is lent to be paid back in 5 equal annual instalments of ₹ 264 each. The rate of interest per annum is
6%
8%
2%
2%
C.
2%
Total interest = 264 x 5 - 1200 = 1320 - 1200 = ₹120/- Interest of 1 year =
Let the rate of interest = r%
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9.
The difference between simple and compound interest (compounded annually) on a sum of money for 3 years at 10% per annum is Rs. 93. The sum (in Rs.) is
30000
30300
3000
3000
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10.
The compound interest on ₹ 1800 at 10% per
annum for a certain period of time is ₹ 378. Find the time (in yr).
2.8
3.0
2.5
2.5
D.
2.5
P = ₹ 1800, R = 10%, and CI = ₹ 378, Time(t) = n. By formula,
n = 2 yr
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On what sum does the difference between the CI and SI for 3 years at 10% is rupees 31?
∴ Rs 31 is the difference when the sum is Rs (1003.10×31) ( 100 3.10 × 31 ) = Rs 1000.
What is the difference between SI and CI on Rs 5000 at 10% pa for two years?
5000 for the period of two years is 72.
What is the difference between CI and SI on ₹ 50000 at 5% per annum for one year?
The difference between the compound interest and the simple interest compounded half yearly on an amount of Rs. 50000 for 1 year is Rs.180.
What is the difference between CI and SI on ₹ 5000 for 2 Year at 2% pa if the rate of interest is compounded annually?
Answer: The difference between C.I and S.I is 0.5.
