The C.I. on a certain sum of money for the 4th year at 8% p.a. is Rs. 486. What was the compound interest for the third year on the same sum at the same rate?

The C.I. on a certain sum of money for the 4th year at 8% p.a. is Rs. 486. What was the compound interest for the third year on the same sum at the same rate?
1). Rs. 450
2). Rs. 475
3). Rs. 456
4). None of these

---

Join Telegram Group

Other Questions

1.  A man buys a TV prices at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charged a simple interest at the rate of 12% per year. The total amount he pays for the TV is

2. .The price of rice has increased by 60%. In order to restore the original price, the new price must be reduced by

3.  If the difference between the simple interest and the compound interest earned on a sum of money at the rate of 4% p.a. for 2 years is Rs 18, what is the principal ?

4.  The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?

5.  If the simple interest on Rs.400 for 3 years is Rs.4000/-, what is the rate of interest percent per annum?

6.  A sum of Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much?

7.  At what rate percent per annum will a sum of money double in 8 years.

8. If Rs. 8100 amounts to Rs. 11664 invested in compound interest (compounded annually) for two years then the annual rate of compound interest is?

9.  A sum of money lent out at simple interest amounts to Rs.720 after 2 years and to Rs 1020 after a further period of 5 years. The sum is.

10.  A certain amount earns simple interest of Rs. 2500 after 5 years. If the rate of interest increases by 3 %,how much more interest would it have earned?