ExamCompetition Forum Question Papers Ask A Question Mock Test Learn & Earn Sign Up Login Menu



0 vote

What is the difference (in Rs) between the compound interests on Rs. 4000 for 1 year at 12% per annum compounded yearly and half-yearly?

Asked on by | Votes 0 | Views: 38 | Tags: compound interest     | ssc cgl tier 1 17 08 2017 shift 1     | ssc cgl tier 1     | ssc cgl     | quantitative aptitude     | ssc cgl tier 1 2017     | ssc cgl 2017     | Add Bounty

What is the difference (in Rs) between the compound interests on Rs. 4000 for 1 year at 12% per annum compounded yearly and half-yearly?
1). 14.4
2). 12.4
3). 10.4
4). 16.4


Share on Facebook      Share on Whatsapp       Share on Twitter




1 answers

0 vote
Answered by on | Votes 0 |
Its tough but option 1 seems correct

Join Telegram Group




Answer This Question

Name:
Email:
Answer :
Sum of (5+4)
Submit:

Other Questions

1. If s sum of money compounded annually becomes 1.44 times of itself in 2 years, then the rate of interest per annum is

2. Simple interest on a certain sum of money for 3 years at 10% per annum is half the compound interest on Rs 6000 for 2 years at 10% per annum. The sum placed on simple interest is

3. A sum of money placed at compound Interest doubles itself in 4 years. In how many years will tt amount to four times Itself

4. An amount of money appreciates to Rs.7.000 after 4 years and to Rs.10.000 after 8 years at a certain compound interest compounded annually. The Initial amount of money was

5. A man gave 50% of his savings of Rs.84,100 to his wife and divided the remaining sum among his two sons A and B of 15 and 13 years of age respectively. He divided it In such a way that each of his sons, when they attain the age of 18 years, would receive the same amount at 5% compound Interest per annum. The share of B was

6. A money-lender borrows money at 4% per annum and pays the Interest at the end of the year. He lends it at 6% per annum compound Interest compounded half yearly and receives the Interest at the end of the year. In this way. he gains Rs.104.50 a year. The amount of money he borrows. Is

7. If the amount la 3 3/8 time the sum after 3 years at compound Interest compounded annually, then the rate of Interest per annum ls

8. A man borrowed some money froma private organisation at 5% simple interest per annum. He tended 50%of this money to another person at 10% compound interest per annum and thereby the man made a profit of Rs.3,205 in 4 years. The man borrowed.

9. The difference of compound interest and simple interest for 3 years and for 2 years are in ratio 23 : 7 respectively. What is rate of interest per annum (in %)?

10. If the amount is 2.25 times of the sum after 2 years at compound interest (compound annually). the rate of interest per annum is :