1. A sum of 6,000 is deposited for 3 years at 5% per annum compound interest (compounded annually). The difference of interests for 3 and 2 years will be ?

75.00

30.75

330.75

375.00

Answer: 330.75

Explanation:


2. If the difference between the simple and compound interests on a sum of money for 2 years at 4% per annum is 80, the sum is ?

5000

50000

10000

1000

Answer: 50000

Explanation:


3. The difference between compound interest and simple interest on 2500 for 2 years at 4% per annum is ?

40

45

14

4

Answer: 4

Explanation:


4. The difference between the simple and compound interest on a certain sum of money at 5% rate of interest per annum for 2 years is 15. Then the sum is ?

6,500

5,500

6,000

7,000

Answer: 6,000

Explanation:


5. If the difference between the compound interest and simple interest on a sum at 5% rate of interest per annum for three years is 36.60, then the sum is ?

8000

8400

4400

4800

Answer: 4800

Explanation:


6. The difference between simple and compound interest (compounded annually) on a sum of money for 2 years at 10% per annum is 65. The sum is ?

65650

65065

6565

6500

Answer: 6500

Explanation:


7. The difference between compound interest and simple interest of a sum for 2 years at 8 per cent is 768. The sum is ?

1,00,000

1,10,000

1,20,000

1,70,000

Answer: 1,20,000

Explanation:


8. The difference between the compound interest and simple interest for the amount 5,000 in 2 years is 32. The rate of interest is ?

5%

8%

10%

12%

Answer: 8%

Explanation:


9. On what sum of money will the difference between simple interest and compound interest for 2 years at 5% per annum be equal to Rs. 63 ?

Rs. 24,600

Rs. 24,800

Rs. 25,200

Rs. 25,500

Answer: Rs. 25,200

Explanation:


10. 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

3030

Answer: 30000

Explanation: