The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 5% per annum is Rs 45. The sum
is
1). Rs 36000
2). Rs 72000
3). Rs 18000
4). Rs 54000
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
1). Rs 4200
2). Rs 2100
3). Rs 1050
4). Rs 1680
There is 75% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs 40000 after 2 years at the same rate?
1). Rs 25800
2). Rs 32250
3). Rs 12900
4). Rs 19350
At what rate of compound interest per annum will a sum of Rs 20000 become Rs 25088 in 2 years?
1). 24 percent
2). 8 percent
3). 12 percent
4). 16 percent
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
1). Rs 5000
2). Rs 1250
3). Rs 2000
4). Rs 2500