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Compound interest is a common topic in bank exams and all other competitive exams. Here given compound interest problems are important from the perspective of SSC and Banking exams. So, Here are problems on compound interest with solutions in different ways which take more time to solve.
Compound interest and simple interest are important topics for ssc and banking students. In this blog, I am telling you about simple and compound interest formula.
Students should learn properly the use of compound interest formula with examples for SSC and bank exams. Because compound interest questions asked often in competitive exams. These compound interest formulas are not difficult to use. You just need to learn or practice of using compound interest formulas with examples.
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Sanjana invested Rs. 15000 in SI at the rate of 2x% per annum for two years and the same amount is invested in CI at the same rate of interest if she received Rs.150 more interest than S.I, then find the rate of interest per annum?
654 0 63d0d6155392140e28ef3ec2- 110 %true
- 214 %false
- 312 %false
- 4None of thesefalse
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Answer : 1 10 %
- 1Rs.1220false
- 2Rs.1000false
- 3Rs. 1520true
- 4Rs. 930false
- 5Rs.1140false
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Answer : 3 Rs. 1520
Rs 1250 becomes Rs 1352 after a certain period at the rate of 4% per annum. Find out the period of investment, if interest add in principal after every year?
1.3K 0 5d12146236b7496de237f5d1- 14 yearsfalse
- 22 yearstrue
- 33 yearsfalse
- 45 yearsfalse
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Answer : 2 2 years
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.
1.2K 0 5d11f269557b295f691f6529- 1Rs 665false
- 2Rs 656false
- 3Rs 662true
- 4Rs 663false
- 5None of thesefalse
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