An amount of money at compound Interest grows up to Rs.3.840 In 4 years and up to Rs.3.936 In 5 years. Find the rate interest.
1). 2.5%
2). 2%
3). 3.5%
4). 2.05%
A certain sum of amounts to Rs. 2,420 in 2 years and Rs. 2,662 in 3 years at some rate of compound Interest, compounded annually. The rate of Interest per annum is
1). 6%
2). 8%
3). 9%
4). 10%
A sum of money amounts to Rs.4,840 in 2 years and to Rs.5,324 in 3 years at compound interest compounds of interest per annum is
1). 10%
2). 9%
3). 11%
4). 8%
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
1). 25%
2). 50%
3). $16\frac{2}{3}$%
4). $33\frac{1}{3}$%
If s sum of money compounded annually becomes 1.44 times of itself in 2 years, then the rate of interest per annum is
1). 25%
2). 22%
3). 21%
4). 20%