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Q: Mr Amin borrowed a certain sum from Mr Visvas. He borrowed for first 2 year at 8% per annum, for next 3 years at 11% per annum and beyond that at 14% per annum. Mr Amin paid Rs 10,920 as Simple interest in 8 years. Find how much he had borrowed? 1994 0

Answer : 1. "Rs 12000"
Explanation :
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Q:
2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is:
1197 0

Answer : 4. "₹ 3,34,800 "

Q: Compounding interest means interest accrues 1536 1

Answer : 2. "more quickly than simple interest"
Explanation :
Answer: B) more quickly than simple interest Explanation: Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged. Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value. The formula for calculating compound interest is: [P (1 + i)n] – P = P [(1 + i)n – 1] (Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.) Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be: Rs. 10,000 [(1 + 0.05)3] – 1 = 10,000 [1.157625 – 1] = Rs. 1,576.25. How it grows ::

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? 1993 0

Answer : 3. "Rs. 1952.88"

Q: The simple interest accrued on an amount of Rs 15,000 at the end of three year is Rs 2,250. What would be the compound interest accrued on the same amount at the same rate in the same period? 1772 0

Answer : 5. "None of these"

Q: If rate of interest is 2% more, the amount will exceed Rs. 60 for one year, find the principal? 1118 0

Answer : 2. "3,000"

Q:
A bank offers 15 % compound interest per half-year. A customer deposits Rs 2400 each on 1 January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is –
3410 0

Answer : 2. "Rs. 1134 "

Q:
In how many years will be Rs. 2,000 amounts to Rs.2,420 at 10% per annum compound interest ?
964 0

Q: Mr Amin borrowed a certain sum from Mr Visvas. He borrowed for first 2 year at 8% per annum, for next 3 years at 11% per annum and beyond that at 14% per annum. Mr Amin paid Rs 10,920 as Simple interest in 8 years. Find how much he had borrowed? 1994 05d1206c74702d75f76883252

Answer : 1. "Rs 12000" Explanation :undefined

Q: 2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is: 1197 05ef40cfc81a47f2e7aefa1cf

Answer : 4. "₹ 3,34,800 "

Q: Compounding interest means interest accrues 1536 15b5cc604e4d2b4197774b4b8

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? 1993 05d11edcb557b295f691f651c

Answer : 3. "Rs. 1952.88"

Q: The simple interest accrued on an amount of Rs 15,000 at the end of three year is Rs 2,250. What would be the compound interest accrued on the same amount at the same rate in the same period? 1772 05d11f893557b295f691f656a

Answer : 5. "None of these"

Q: If rate of interest is 2% more, the amount will exceed Rs. 60 for one year, find the principal? 1118 05d1209c1dea5da6dbe8bf262

Answer : 2. "3,000"

Q: A bank offers 15 % compound interest per half-year. A customer deposits Rs 2400 each on 1 January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is – 3410 05dd63ca17780ee35515b292a

Answer : 2. "Rs. 1134 "

Q: In how many years will be Rs. 2,000 amounts to Rs.2,420 at 10% per annum compound interest ? 964 05f15435ecf79540a75334ff6

Answer : 3. "2 years"

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Q: Mr Amin borrowed a certain sum from Mr Visvas. He borrowed for first 2 year at 8% per annum, for next 3 years at 11% per annum and beyond that at 14% per annum. Mr Amin paid Rs 10,920 as Simple interest in 8 years. Find how much he had borrowed? 1994 0

Answer : 1. "Rs 12000"
Explanation :
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Q:
2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is:
1197 0

Q: Compounding interest means interest accrues 1536 1

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? 1993 0

Q: The simple interest accrued on an amount of Rs 15,000 at the end of three year is Rs 2,250. What would be the compound interest accrued on the same amount at the same rate in the same period? 1772 0

Q: If rate of interest is 2% more, the amount will exceed Rs. 60 for one year, find the principal? 1118 0

Q:
A bank offers 15 % compound interest per half-year. A customer deposits Rs 2400 each on 1 January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is –
3410 0

Q:
In how many years will be Rs. 2,000 amounts to Rs.2,420 at 10% per annum compound interest ?
964 0