Find the compound interest on Rs. 16,000 at 20% per annum for 9 months, Compounded quarterly.
2344
2455
3244
2522
D. 2522
Principal = Rs. 16000; Time = 9 months =3 quarters;
Rate = 20% per annum = 5% per quarter.
Amount = Rs. [16000 x (1+(5/100))3] = Rs. 18522.
= Rs. (18522 - 16000) = Rs. 2522.
1 year
4 year
3 year
6 year
5400
6400
7400
8767
If Rs. 500 amounts to Rs. 583.20 in two years compounded annually, find the rate of interest per annum.
7%p.a
8%p.a
9%p.a
10%p.a
If the compound interest on a certain sum at 16 (2/3)% to 3 years is Rs.1270, find the simple interest on the same sum at the same rate and f or the same period.
1080
1089
2345
1908
10%
12%
13%
15%
Find the compound interest on Rs. 16,000 at 20% per annum for 9 months, Compounded quarterly.
2344
2455
3244
2522
512
612
712
812
34 years
37 years
45 years
47 years
A sum of money amounts to rs.6690 after 3 years and to rs.10,035 after 6 years on compound interest. Find the sum.
3467
4560
4460
7890
Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being cmpounded half-yearly.
823
824.32
798.67
800
The difference between the compound interest and simple interest on a certain sum at 10% per annum for 2 years is Rs. 631. Find the sum.
53,100
52,900
63,100
64,500
3109
3210
3901
1309
1261
1234
1256
1287