At what rate of compound interest per annum will a sum of Rs 20000 become Rs 23328 in 2 years?1). 8 percent2). 16 percent3). 24 percent4). 12 percent
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1. A sum of money becomes double in 3years at compound Interest compounded annually. At the same rate, in how many years will it become four times of itself
2. A sum of * 6.000 is deposited for 3 years at 5% per annum compound interest (compounded annually). The difference of interests for 3 and 2 years will be
3. Find the rate percent per annum, If Rs. 2000 amounts to Rs.2,315.25 In a year and a half. Interest being compounded half yearly.
4. A sum of Rs.3,200 invested at 10% p.a. compounded quarterly amounts to Rs.3,362 compute the time period.
5. A loan off Rs.12,300 at 5% per annum compound Interest, is to be repaid In two equal annual instalments at the end of every year. Find the amount of each instalment.
6. The difference between simple interest and compound interest of a certain sum of money at 20% per annum for 2 years is Rs.48. then sum is
7. A sum of money at compo^ interest will amount to Rs.650 at the end of the first year and Rs.676 at the end of second year. The amount of money is
8. Simple interest on a certain sum of money for 3 years at 14% per annum is half the compound interest on Rs. 10000 for 2 years at 10% per annum. The sum placed on simple interest is
9. A sum of money becomes eight times of Itself in 3years at compound interest.The rate of Interest per annum is
10. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 16000 for 2 years at 10% per annum. The sum placed on simple interest is:
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