Compound interest formula Practice Question and Answer
4 4 Answer : 2. "2 years"
5 Answer : 3. "Rs 662"
5 Q:
5fd35c8beddcb86a7ee476f9 4 Q:
63d0d6155392140e28ef3ec2
Q: 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? 1296 05d12146236b7496de237f5d1
5d12146236b7496de237f5d1- 14 yearsfalse
- 22 yearstrue
- 33 yearsfalse
- 45 yearsfalse
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Answer : 2. "2 years"
Explanation :
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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. 1225 05d11f269557b295f691f6529
5d11f269557b295f691f6529- 1Rs 665false
- 2Rs 656false
- 3Rs 662true
- 4Rs 663false
- 5None of thesefalse
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Answer : 3. "Rs 662"
Explanation :
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Q: Interest earned by Ramesh on Rs.10,000 for 2 years at R% p.a. simple interest is how much more/less than interest earned by him on Rs. 8000 for 2 years at (R+10)% p.a. compounding annually. If Rs. 2000 is invested at 2R% p.a. simple interest for a year, then it would fetch an interest of Rs.400.
1115 05fd35c8beddcb86a7ee476f9
5fd35c8beddcb86a7ee476f9- 1Rs.1220false
- 2Rs.1000false
- 3Rs. 1520true
- 4Rs. 930false
- 5Rs.1140false
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Answer : 3. "Rs. 1520"
Q: 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?
658 063d0d6155392140e28ef3ec2
63d0d6155392140e28ef3ec2- 110 %true
- 214 %false
- 312 %false
- 4None of thesefalse
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Answer : 1. "10 %"
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