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1
Mr.Mittal finds that an increase in the rate of interest from per annum increases his yearly income by Rs.250 His investment is
Rs.1,00,000
Rs.1,20,000
Rs.1,50,000
Rs.2,00,000
2
A company offers the following growing rates of compound interest annually to the investors on successive years of investment : 4%, 5% and 6%. A man invests Rs 31,250 for 2 years. What amount will he receive after 2 years?
Rs 34,525
Rs 34,125
Rs 35,125
Rs 34,345
3
In what time will Rs.72 become Rs.81 at p.a SI?
2years
none of these
4
Find the rate of interest at which a sum of Rs. 800 amounts to Rs. 920 in 3 years at simple interest.
5%
4%
6%
10%
5
Find the compound interest on Rs 10000 for 3 years at 6% per annum, compounded annually.
1910.16
4,631.96
4,631
4,6315
6
If the simple interest on a sum of money at 6% per annum for 2yr is Rs. 12. What is the sum of money ?
Rs. 100
Rs. 200
Rs. 50
Rs. 250
7
A sum of Rs.1550 was lent partly at 5% and partly at 8% simple interest .The total interest received after 3 years was Rs.300 .The ratio of money lent at 5% to 8% is:
11:12
16:15
12:21
11:13
8
CI on Rs.8000 for 1 yaers at 5 % p.a payable half-yearly is
Rs 800
Rs 810
Rs 400
Rs 405
9
A sum of Rs.2000 is divided into two parts such that one part is invested at 10% p.a. simple interest and the second part at 15% p.a. simple interest . After 2years, if Rs.460 are received as interest.then the ratio of investment of first and second part is _________________
7:4
4:3
7:3
6:4
10
Considered the following statements
if a sum of money is loaned at simple interest
I. money gets doubled in 5 years if the rate of interest is
II. money gets doubled in 5 years if the rate of interest is 20%
III. money becomes four times the amount of interest in 10 years if it gets double in 5 years.
of these statements:
I and III are true
II alone is true
III alone is true
II and III are true
11
Find the compound interest when 1,25,000 rupees is invested for 9 months at 8% per annum, compounded quarterly?
7,681 rupees
7,651 rupees
3,651 rupees
7,659 rupees
12
Find the rate percent per annum if Rs 2000 amount to Rs 2662 in years, interest being compounded half-yearly?
15%
25%
13
The value of a flat worth Rs 500000 is depreciating at the rate of 10% per annum. In how many years will its value be reduced to Rs 364500?
14
Find the compound interest on Rs 24,000 at 15% p.a for years.
9,300
9,427
9,527
9,327
15
If the rate of compound interest for the first, second and third year be 8%, 10% and 15% respectively, find the amount and the compound interest on $ 12,000 in 3 years.
$ 4,394.43
$ 4,394.46
$ 4,394.49
$ 4,394.40
16
Find the amount after 3 years compounded annually when rate of interest for first year is 5 % and 10 % for the second year and 15 % for the next year when the principal is Rs 3000.
Rs 3984.75
Rs 3894.75
Rs 984.75
Rs 3884.75
17
The difference between the compound interest and simple interest on a certain sum of money at 5% per annum for 2 years is Rs 50. Find the sum when the interest is compounded annually.
2000
20000
200
200000
18
An amount of 16000 is deposited in a bank at 20% p.a for 2 years and 3 months compounded per annum. Find the value of the relation
41756
44576
40576
41576
19
A man borrows Rs.12500 from a bank at 20% compound interest. At the end of every year he pays Rs.2000 as part of repayment. How much does he still owe to the bank after three such instalments?
Rs.15600
Rs.12864
Rs.12000
Rs.14320
20
Anisha invest a sum of rupees 8000 at 5% compounded annually for 3 years. Her friend Sheela invest same amount for the same time at same rate but at simple interest. After maturity of the period of investment, who will get more and by what amount?
Anisha by 69
Anisha by 61
Sheela by 69
Sheela by 61