At what rate of compound interest per annum will a sum of Rs 50000 become Rs 73205 in 2 years?
1). 21 percent
2). 19 percent
3). 17 percent
4). 15 percent
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:
1). Rs 14000
2). Rs 3500
3). Rs 7000
4). Rs 5600
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 12% per annum is Rs 72. What is
the value of given sum (in Rs)?
1). 10000
2). 20000
3). 5000
4). 15000
On a certain principal if the Simple interest for two years is Rs 3000 and Compound interest for the two years is Rs 3225, what is the rate of Interest?
1). 7.5 percent
2). 30 percent
3). 15 percent
4). 22.5 percent
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs 1200 for 2 years at 10% per annum. The sum
placed on simple interest is
1). Rs 525
2). Rs 1050
3). Rs 260
4). Rs 420