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Habib Seth

Asked: 3 years agoIn: Interest

Mr. X invests Rs 5500 for 3 years at 8% p.a. compound interest reckoned yearly. Income tax at the rate of 15% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year(approx)
1. Rs. 6520
2. Rs. 6700
3. Rs. 6300
4. Rs. 7750

Nirmal Nirmal Rajan

Asked: 3 years agoIn: Interest

A sum of Rs. 6400 was invested at a rate of 24% for 1.5 years compounded half yearly. Find the compound interest.
1. Rs. 2791.54
2. Rs. 2291.54
3. Rs. 2591.54
4. Rs. 2991.54

Leelawati Apte

Asked: 3 years agoIn: Interest

Compound interest (compounded annually) received on a sum in the first year is Rs. 640. Annual rate of interest is 10 percent. How much compound interest (compound annually) will be received in the second year on the same sum at the same rate?
1. Rs. 694
2. Rs. 704
3. Rs. 721
4. Rs. 712

Mini Mannan

Asked: 3 years agoIn: Interest

The difference between the compound interest and simple interest on Rs. P at 17% per amount for 2 years is Rs.1445. The value of P is:
1. Rs.28900
2. Rs.51000
3. Rs.50000
4. Rs.45000

Ananya Tailor

Asked: 3 years agoIn: Interest

If the ratio of the difference between compound interest and Simple Interest for 3 years and 2 years is 31 ∶ 10, then find the Rate of Interest.
1. 11.11%
2. 10%
3. 20%
4. 25%
5. None of these

Sona Nagi

Asked: 3 years agoIn: Interest

In how many years will a sum of money become sixteen times itself at 30% p.a. simple interest?
1. 25
2. 30
3. 50
4. 40

Umesh Prasad Bose

Asked: 3 years agoIn: Interest

The difference between simple and compound interest on a principal amount is Rs. 27 when rate of interest is 5% per annum and amount is kept for 2 years. Find the principal amount.
1. Rs. 18800
2. Rs. 10800
3. Rs. 12580
4. Rs. 25000

Baber Dugal

Asked: 3 years agoIn: Interest

A man took a loan from a bank at the rate of 11% p.a. simple interest. After three years, he had to pay Rs. 9570 interest only for the period. The principal amount borrowed by him was:
1. Rs. 27,685
2. Rs. 25,000
3. Rs. 29,000
4. Rs. 26,545

Rakhi Dhanush Krish

Asked: 3 years agoIn: Interest

Rs. 156.25 amounts to Rs. 297.91 in 3 years at k% p.a. compounded annually. The value of k is
1. 18%
2. 24%
3. 25%
4. 12%

Darpan Rao Wali

Asked: 3 years agoIn: Interest

Rahul lent a certain amount of money to his friend at the rate of 6% per annum for 1^st 5 years, 8% per annum for next 7 years and 12% per annum for the period beyond 12 years, all at simple interest. If he received Rs. 8540 as total interest from his friend at the end of 15 years, then what was the amount of money Rahul lent to his friend?
1. 9000
2. 6800
3. 7000
4. 8500
5. 7200

Load More Questions

Mr. X invests Rs 5500 for 3 years at 8% p.a. compound interest reckoned yearly. Income tax at the rate of 15% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year(approx)
1. Rs. 6520
2. Rs. 6700
3. Rs. 6300
4. Rs. 7750

A sum of Rs. 6400 was invested at a rate of 24% for 1.5 years compounded half yearly. Find the compound interest.
1. Rs. 2791.54
2. Rs. 2291.54
3. Rs. 2591.54
4. Rs. 2991.54

Compound interest (compounded annually) received on a sum in the first year is Rs. 640. Annual rate of interest is 10 percent. How much compound interest (compound annually) will be received in the second year on the same sum at the same rate?
1. Rs. 694
2. Rs. 704
3. Rs. 721
4. Rs. 712

The difference between the compound interest and simple interest on Rs. P at 17% per amount for 2 years is Rs.1445. The value of P is:
1. Rs.28900
2. Rs.51000
3. Rs.50000
4. Rs.45000

If the ratio of the difference between compound interest and Simple Interest for 3 years and 2 years is 31 ∶ 10, then find the Rate of Interest.
1. 11.11%
2. 10%
3. 20%
4. 25%
5. None of these

In how many years will a sum of money become sixteen times itself at 30% p.a. simple interest?
1. 25
2. 30
3. 50
4. 40

The difference between simple and compound interest on a principal amount is Rs. 27 when rate of interest is 5% per annum and amount is kept for 2 years. Find the principal amount.
1. Rs. 18800
2. Rs. 10800
3. Rs. 12580
4. Rs. 25000

A man took a loan from a bank at the rate of 11% p.a. simple interest. After three years, he had to pay Rs. 9570 interest only for the period. The principal amount borrowed by him was:
1. Rs. 27,685
2. Rs. 25,000
3. Rs. 29,000
4. Rs. 26,545

Rs. 156.25 amounts to Rs. 297.91 in 3 years at k% p.a. compounded annually. The value of k is
1. 18%
2. 24%
3. 25%
4. 12%

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