| 1. | A sum of money is paid back in two annual instalments of Rs. 17, 640 each, allowing 5% compound interest compounded annually. The sum borrowed was ? | |
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Rs. 32,800
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Rs. 32,200
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Rs. 32,000
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Rs. 32,400
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Report Question| 2. | A loan of 12,300 at 5% per annum compound interest, is to be repaid in two equal annual instalments at the end of every year. Find the amount of each instalment ? | |
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6,651
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6,615
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6,516
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6,156
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| 3. | A builder borrows 2550 to be paid back with compound interest at the rate of 4% per annum by the end of 2 years in two equal yearly instalments. How much will each instalment be ? | |
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1352
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1377
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1275
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1283
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| 4. | A man borrowed some money and agreed to pay-off by paying Rs. 3150 at the end of the 1st year and Rs. 4410 at the end of the 2nd year. If the rate of compound interest is 5% per annum, then the sum is ? | |
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Rs. 5000
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Rs. 6500
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Rs. 7000
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Rs. 9200
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| 5. | The amount on Rs. 25,000 in 2 years at annual compound interest, if the rates for the successive years be 4% and 5% per annum respectively is ? | |
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Rs. 30,000
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Rs. 26,800
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Rs. 27,300
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Rs. 28,500
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| 6. | Find the rate percent per annum, if Rs. 2000 amounts to Rs. 2,315.25 in a year and a half, interest being compounded half yearly ? | |
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11.5%
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10%
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5%
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20%
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| 7. | What does 250 amounts to in 2 years with compound interest at the rate of 4% in the 1st year and 8% in the second year ? | |
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280
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280.80
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468
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290.80
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| 8. | A person deposited a sum of 6,000 in a bank at 5% per annum simple interest. Another person deposited 5,000 at 8% per annum compound interest. After two years, the difference of their interests will be ? | |
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230
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232
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832
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600
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| 9. | On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is 180. If the rate of interest in both the cases is 10%, then the sum is ? | |
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60,000
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72,000
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62,000
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54,000
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| 10. | The difference between the simple and compound interest on a certain sum of money for 2 years at 4% per annum is 4. The sum is ? | |
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2500
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2,400
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2,600
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2,000
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