A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is_________?
A. Rs.1500
B. Rs.2000
C. Rs.2500
D. Rs.3000
FPSC Tests
The difference between compound interest and simple interest on Rs 8000 at 5% P.a for 3 years is_________?
A. Rs 50
B. Rs 60
C. Rs 61
D. Rs 600
The difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is?
A. 10 %
B. 12 %
C. 6 %
D. 8 %
A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is_________?
A. 5 %
B. 10 %
C. 15 %
D. 20 %
The difference between the simple interest and the compound interest on Rs 5000 at 10% P.a for 3 years is:_______?
A. Rs 145
B. Rs 150
C. Rs 165
D. Rs 180
E. None of these
The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?
A. Rs.350
B. Rs.375
C. Rs. 380
D. Rs. 400
What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?
A. Rs. 1000
B. Rs. 1200
C. Rs. 1320
D. None of these
Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid Rs.2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?
A. Rs.635.50
B. Rs.613.50
C. Rs.675.50
D. Rs.653.50
Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?
A. Rs.1261
B. Rs.9261
C. Rs.9621
D. Rs.9162
Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000?
A. Rs.81000
B. Rs.80000
C. Rs.75000
D. Rs.64000