The simple and compound interest that can be earned in two years at the same rate is Rs 1500 and Rs 1575 respectively. What is the rate (% per annum) of interest?
1). 8
2). 10
3). 12
4). 5
What is the difference (in Rs) between the compound interests on Rs. 4000 for 1 year at 12% per annum compounded yearly and half-yearly?
1). 14.4
2). 12.4
3). 10.4
4). 16.4
A sum amounts to Rs 7727.104 at the rate of 12% per annum compounded annually after three years. What is the value of principal (in Rs)?
1). 5000
2). 5200
3). 5350
4). 5500
The difference between the compound interest compounding half yearly for 1 year and the simple interest for 1 year on a certain sum of money lent out at 8% per annum is Rs 64. What is the sum (in Rs)?
1). 40000
2). 42000
3). 44000
4). 44800
If Rs 2500 becomes to Rs 2970.25 in 2 years at compound interest compounded annually, then what is the yearly rate of interest (in %)?
1). 7
2). 9
3). 11
4). 13