An amount of money at compound interest grows up to Rs. 3,840 in 4 years and up to Rs. 3,936 in 5 years. Find the rate of interest.
(A) 3.5 %
(B) 2.05 %
(C) 2.5 %
(D) 2 %
If the difference between the compound and simple interest on a certain sum of money for 3 years at 5 % per annum is Rs. 15.25, then the sum is
(A) Rs. 1,500
(B) Rs. 2,500
(C) Rs. 2,000
(D) Rs. 1,000
If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs 24200, and Rs 26620 respectively, what is the rate (in %) of interest?
(A) 9
(B) 4
(C) 7
(D) 10
Sita deposited Rs . 5,000 at 10 % simple interest for 2 years. How much more money will Sita have in her account at the end of two years. If it is compounded semiannually.
(A) Rs. 77.50
(B) Rs. 85.50
(C) Rs. 50
(D) Rs. 40
A sum of money doubles itself in 4 years compound interest. It will amount to 8 times itself at the same rate of interest is -
(A) 16 years
(B) 24 years
(C) 18 years
(D) 12 years
If the amount is
(A) 63%
(B) 33%
(C) 25%
(D) 50%
A sum becomes Rs. 2916 in 2 years at 8 % per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be
(A) Rs. 650
(B) Rs. 625
(C) Rs. 600
(D) Rs. 675
The difference between the compound and the simple interest on a sum for 2 years at 10 % per annum , when the interest is compounded annually, is Rs.28. If the yearly interest were compounded half yearly, the difference in the two interests will be
(A) Rs. 43.41
(B) Rs. 43.29
(C) Rs. 44
(D) Rs. 28.35
A certain amount of money earns ₹ 540 as simple interest in 3 years. If it earns compound interest of ₹ 376.20 at the same rate of interest in 2 years, find the principal (in Rupees).
(A) 2100
(B) 2000
(C) 1600
(D) 1800
An amount of money appreciates to Rs. 7,000 after 4 years and to Rs. 10,000 after 8 years at a certain compound interest compounded annually. The initial amount of money was
(A) Rs. 4100
(B) Rs. 4300
(C) Rs. 4700
(D) Rs . 4900
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