At what rate of compound interest per annum will a sum of Rs 10000 become Rs 12321 in 2 years?
1). 22 percent
2). 11 percent
3). 7 percent
4). 15 percent
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 12% per annum is Rs 900. What is
the value of given sum (in Rs)?
1). 125000
2). 250000
3). 62500
4). 187500
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 16% per annum is Rs 320. What is
the value of given sum (in Rs)?
1). 25000
2). 50000
3). 37500
4). 12500
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 9% per annum is Rs 405. The sum
is ______ .
1). Rs 50000
2). Rs 100000
3). Rs 200000
4). Rs 150000
On a certain Principal if the Simple interest for two years is Rs 4800 and Compound interest for the two years is Rs 5088, what is the rate of Interest?
1). 6 percent
2). 24 percent
3). 12 percent
4). 18 percent