Compound Interest Questions 2020

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compound interest questions 2020
Q :  

On what sum does the difference between the compound interest and the simple interest for 3 years at 10 % is Rs 31?

(A) Rs 1500

(B) Rs. 1200

(C) Rs. 1100

(D) Rs. 1000


Correct Answer : D

Q :  

Two sums are in the ratio 4:3. Both the sums are lent at 5% per annum and 10% per annum under compound interest for two years. The difference between the interest at the end of two years is Rs. 1540. What was the sum lent at 10% per annum?

(A) Rs 16000

(B) Rs 21000

(C) Rs 15000

(D) Rs 28000


Correct Answer : B

Q :  Difference between C.I and S.I for 3 years at 10% is Rs 465. Find the principal.

(A) 15000

(B) 12000

(C) 14000

(D) 13000


Correct Answer : A

Q :  Difference between C.I and S.I is Rs.35 at 5% per annum for 2 years. What is the principal?

(A) 14,000

(B) 12,000

(C) 10,000

(D) 15,000


Correct Answer : A

Q :  If rate of interest is 2% more, the amount will exceed Rs. 60 for one year, find the principal?

(A) 300

(B) 3,000

(C) 6,000

(D) 4,000


Correct Answer : B

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    Gajanand

    B-Tech Electronic and Communication Engineering select the SSC CGL Tier-1 and Tier-2 in 2016 and Rajasthan state Govt. Exams Expert in Mathematics , Reasoning Gk and English.

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