A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?

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A. Rs 4500
B. Rs 5000
C. Rs 5500
D. Rs 6000

A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest?

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A. 7 years
B. 10 years
C. 15 years
D. 20 years

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A. Rs 1575.20
B. Rs 1600
C. Rs 1625.80
D. Rs 2000

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A. Rs 100000
B. Rs 11000
C. Rs 120000
D. Rs 170000

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A. Rs 2518
B. Rs 2520
C. Rs 2522
D. Rs 2524

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A. Rs 900
B. Rs 1000
C. Rs 1050
D. Rs 1100

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A. Rs 230
B. Rs 232
C. Rs 600
D. Rs 832

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A. Rs 9000.30
B. Rs 9720
C. Rs 10123.20
D. Rs 10483.20
E. None of these

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A. Rs 17423
B. Rs 18973
C. Rs 19448
D. Rs 19880

March 28, 2020 – by Arif Khan 0

A. Rs.4400
B. Rs.4445
C. Rs.4460
D. Rs.4520