The sum of money which when given on compound interest at 18% per annum would fetch Rs.960 more when the Interest Is payable half yearly than when It was payable annually for 2 years Is :
1). Rs.60,000
2). Rs.30,000
3). Rs.40,000
4). Rs.50,000
A sum of money placed at com- pound Interest doubles Itself in 5 years. It will amount to eight times of Itself at the same rate of Interest In
1). 20 years
2). 10 years
3). 12 years
4). 15 years
Find the rate percent per annum, If Rs. 2000 amounts to Rs.2,315.25 In a year and a half. Interest being compounded half yearly.
1). 11.5%
2). 10%
3). 5%
4). 20%
A man gave 50% of his savings of Rs.84,100 to his wife and divided the remaining sum among his two sons A and B of 15 and 13 years of age respectively. He divided it In such a way that each of his sons, when they attain the age of 18 years, would receive the same amount at 5% compound Interest per annum. The share of B was
1). Rs.20,000
2). Rs.20.050
3). Rs.22.000
4). Rs.22.050
What docs Rs.250 amounts to In 2 years with compound Interest at the rate of 4% in the 1st year and 8% In the second year
1). Rs.280
2). Rs.280.80
3). Rs.468
4). Rs.290.80