1. If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, the compound interest on the same at the same rate and for the same time is ?

Rs. 50.50

Rs. 51.25

Rs. 51.50

Rs. 50.05

Answer: Rs. 51.25

Explanation:


2. A certain amount of money earns Rs. 540 as Simple Interest in 3 years. If it earns a Compound Interest of Rs. 376.20 at the same rate of interest in 2 years, find the amount (in Rupees) ?

1600

1800

2000

2100

Answer: 2000

Explanation:


3. A sum becomes 2,916 in 2 years at 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be ?

600

675

650

625

Answer: 675

Explanation:


4. The simple interest and compound interest (compounded annually) on a certain sum of money with a given rate for a period of 2 years are 900 and 954 respectively. The sum of money is ?

3700

3650

3850

3750

Answer: 3750

Explanation:


5. The compound interest on Rs. 24000 at 10% per annum for 1 1 2 years, interest being compounded semi-annually is ?

Rs. 3783

Rs. 3777

Rs. 3780

Rs. 3781

Answer: Rs. 3783

Explanation:


6. A sum of Rs. 3000 amounts to Rs. 6000 in two years at compound interest. The interest for four years is ?

Rs. 9000

Rs. 12000

Rs. 6000

Rs. 3000

Answer: Rs. 9000

Explanation:


7. Find the amount which Shyam will get on Rs. 4096, if he gives it for 18 months at 12 1 2 % per annum, interest being compounded half yearly ?

Rs. 5,813

Rs. 4,515

Rs. 4,913

Rs. 5,713

Answer: Rs. 4,913

Explanation:


8. The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees) ?

11,320

12,000

12,320

12,500

Answer: 12,320

Explanation:


9. A sum of money placed at compound interest doubles itself in 5 years. It will amount to eight times of itself at the same rate of interest in ?

20 years

10 years

12 years

15 years

Answer: 15 years

Explanation:


10. A sum of 210 was taken as a loan. This is to be paid back in two equal instalments. If the rate of interest be 10% compounded annually, then the value of each instalment is ?

127

121

210

225

Answer: 121

Explanation: