What is the difference (in Rs) between the compound interests on Rs. 1000 for 1 year at 10% per annum compounded yearly and half-yearly?
1). 1.5
2). 0.5
3). 2.5
4). 3.5
The compound interest earned in two years at 8% per annum is Rs 4160. What is the sum (in Rs) invested?
1). 24000
2). 25000
3). 30000
4). 20000
If compound interest received on a certain amount in the 3rd year is Rs. 1,240, what will be the compound interest (in Rs) for the 4th year on the same amount at 9% rate of interest?
1). 1245.6
2). 1521.6
3). 1351.6
4). 1220.6
The amount received at 10% per annum Compound interest after 3 yrs is Rs 5324. What was the principal (in Rs)?
1). 4100
2). 4200
3). 4000
4). 4300
The simple and compound interest that can be earned in two years at the same rate is Rs 1,000 and Rs 1,040 respectively. What is the rate (percent per annum) of interest?
1). 9
2). 10
3). 8
4). 11