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Mini Lalit Johal

Asked: 2 years agoIn: Interest

Manish borrows a sum of Rs 54000 at 10% pa compound interest. He repays a certain amount at the end of one year and the balance amount of Rs 32340 at the end of second year. What amount does he repay in the first year.

1. Rs 30000
2. Rs 24000
3. Rs 29400
4. Rs 34000
5. None of these

Aayushi Virk

Asked: 2 years agoIn: Interest

A person bought a refrigerator worth Rs. 22,800 with 12.5% interest compounded yearly. At the end of first year he paid Rs. 8,650 and at the end of second year Rs. 9,125. How much will he have to pay at the end of third year to clear the debt?
1. Rs. 9,990
2. Rs. 10,000
3. Rs. 10,590
4. Rs. 11,250

Hina Gola

Asked: 2 years agoIn: Interest

For 75% rate on certain money find the ratio of difference between CI and SI for 2 years and 3 years.
1. 4 : 15
2. 2 : 15
3. 4 : 25
4. 2 : 25
5. 2 : 5

Kasturba Kothari

Asked: 2 years agoIn: Interest

A loan of Rs. 16,550 has to be paid in three equal installments at compound interest. Calculate the value of annual installment if the rate of interest is 10% per annum.
1. Rs. 6656
2. Rs. 1243
3. Rs. 6655
4. Rs. 1343
5. None of these.

Tulsi Sethi

Asked: 2 years agoIn: Interest

The difference between the compound interest (compounded annually) and the simple interest on a sum of Rs. 1000 at a certain rate of Interest for 2 years is Rs 22.50. The rate of interest per annum is:-
1. 5%
2. 10%
3. 15%
4. 20%

Wafa Sahil Varghese

Asked: 2 years agoIn: Interest

If a certain sum becomes Rs. 1237.50 in four years with some annual rate of simple interest and it becomes Rs. 1443.75 in six years, then the principal amount is:
1. Rs. 860.50
2. Rs. 870
3. Rs. 825
4. Data are insufficient

Naresh Ramesh

Asked: 2 years agoIn: Interest

A sum of Rs. 23000 was invested under simple interest for 8 years at a rate of interest 8%. A sum of Rs. 95000 was invested under compound interest at a rate of 12% for two years. Find the difference between the interests.
1. 8992
2. 10092
3. 9128
4. 9448

Tarun Kalpit Soni

Asked: 2 years agoIn: Interest

A sum amounts to Rs. 6,050 in 2 years and to Rs. 6,655 in 3 years at a certain rate percentage p.a. when the interest is compounded yearly. What is the simple interest on a sum of Rs. 6,000 at the same rate for 5\(\frac{3}{4}\) years?
1. Rs. 3,450
2. Rs. 3,150
3. Rs. 3,300
4. Rs. 3,200

Bhairavi Iyer

Asked: 2 years agoIn: Interest

Malik lent Rs. 1000 for 2 years, Rs. 1350 for 5 years , Rs. 1450 for 7 years and Rs. 1500 for 8 years at same rate of interest. He received Rs. 2472 as total simple interest, calculate rate of interest per annum.
1. 4%
2. 8%
3. 6%
4. 5%

Venkat Ratti

Asked: 2 years agoIn: Interest

What would be the interest accrued in two years on Rs. 300 if the sum is invested at 10% interest compounded annually?
1. Rs. 60.50
2. Rs. 60
3. Rs. 61.50
4. Rs. 63

Load More Questions

Manish borrows a sum of Rs 54000 at 10% pa compound interest. He repays a certain amount at the end of one year and the balance amount of Rs 32340 at the end of second year. What amount does he repay in the first year.

1. Rs 30000
2. Rs 24000
3. Rs 29400
4. Rs 34000
5. None of these

A person bought a refrigerator worth Rs. 22,800 with 12.5% interest compounded yearly. At the end of first year he paid Rs. 8,650 and at the end of second year Rs. 9,125. How much will he have to pay at the end of third year to clear the debt?
1. Rs. 9,990
2. Rs. 10,000
3. Rs. 10,590
4. Rs. 11,250

For 75% rate on certain money find the ratio of difference between CI and SI for 2 years and 3 years.
1. 4 : 15
2. 2 : 15
3. 4 : 25
4. 2 : 25
5. 2 : 5

A loan of Rs. 16,550 has to be paid in three equal installments at compound interest. Calculate the value of annual installment if the rate of interest is 10% per annum.
1. Rs. 6656
2. Rs. 1243
3. Rs. 6655
4. Rs. 1343
5. None of these.

The difference between the compound interest (compounded annually) and the simple interest on a sum of Rs. 1000 at a certain rate of Interest for 2 years is Rs 22.50. The rate of interest per annum is:-
1. 5%
2. 10%
3. 15%
4. 20%

If a certain sum becomes Rs. 1237.50 in four years with some annual rate of simple interest and it becomes Rs. 1443.75 in six years, then the principal amount is:
1. Rs. 860.50
2. Rs. 870
3. Rs. 825
4. Data are insufficient

A sum of Rs. 23000 was invested under simple interest for 8 years at a rate of interest 8%. A sum of Rs. 95000 was invested under compound interest at a rate of 12% for two years. Find the difference between the interests.
1. 8992
2. 10092
3. 9128
4. 9448

A sum amounts to Rs. 6,050 in 2 years and to Rs. 6,655 in 3 years at a certain rate percentage p.a. when the interest is compounded yearly. What is the simple interest on a sum of Rs. 6,000 at the same rate for 5\(\frac{3}{4}\) years?
1. Rs. 3,450
2. Rs. 3,150
3. Rs. 3,300
4. Rs. 3,200

Malik lent Rs. 1000 for 2 years, Rs. 1350 for 5 years , Rs. 1450 for 7 years and Rs. 1500 for 8 years at same rate of interest. He received Rs. 2472 as total simple interest, calculate rate of interest per annum.
1. 4%
2. 8%
3. 6%
4. 5%

What would be the interest accrued in two years on Rs. 300 if the sum is invested at 10% interest compounded annually?
1. Rs. 60.50
2. Rs. 60
3. Rs. 61.50
4. Rs. 63

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