Sita deposited Rs.5,000 at 10% simple interest for 2 years. How much more money will Sita have In her account at the end of two years. If It Is compounded semianually.
1). Rs.50
2). Rs.40
3). Rs.77.50
4). Rs.85.50
A sum of Rs.13,360 was borrowed at $8\frac{3}{4}$% per annum compound interest and paid back in two years In two equal annual Instalments. What was the amount of each instalment
1). Rs.5,769
2). Rs.7,569
3). Rs.7,009
4). Rs.7,500
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
1). Rs.6.000
2). Rs.5.500
3). Rs.5.000
4). Rs.4.500
A person deposited a sum of Rs.6,000 In a bank at 5% per annum simple Interest. Another person deposited Rs.5,000 at 8% per annum compound Interest After two years, the difference of their Interests will be
1). Rs.230
2). Rs.232
3). Rs.832
4). Rs.600
The Income of a company Increases 20% per year. If the Income Is Rs.26,64,000 In the year 2012, then its Income In the year 2010 was :
1). Rs. 28,55,000
2). Rs. 18,50,000
3). Rs. 28,20,000
4). Rs. 21,20,000