What is the principle amount which earns Rs.132 as compound interest f – McqOptions

MCQOPTIONS

1.	What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?
A.	Rs. 1000
B.	Rs. 1200
C.	Rs. 1320
D.	None of these
Answer» C. Rs. 1320

Discussion

No Comment Found

Related MCQs

What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?
What will be the compound interest on Rs 25000 after 3 years at 12% Per annum?
What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?
What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?
What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?
What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?
What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?
What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?
What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?
What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?