Compound Interest Questions 2020

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Q : What will be Compound interest on Rs 2000 at 20% per annum rate for 1 year and 6 months, if interest is compounded on half-yearly basis.

(A) Rs 665

(B) Rs 656

(D) Rs 663

(E) None of these

Q : What will be compound interest-on, a sum of Rs 1000 at die rate of 10 percent per annum after 5 year?

(A) Rs 610.51

(B) Rs 559.45

(D) Rs 665.51

(E) None of these

Q : What amount of compound interest can be obtained on the principal amount of Rs. 15800 at the rate of 6 percent per annum at the end of 2 years?

(A) Rs 1,896

(B) Rs.2012.48

(D) Rs.1,956

(E) None of these

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