What would be the compound interest obtained on an amount of Rs. 5300 at the rate of 15 p.c.p.a. after 2 years?
Rs. 1709.25
Rs. 1708.65
Rs. 1709.75
Rs. 1725.65
At what rate of simple interest will a sum of money double itself in 18 years?
1). \(5\frac{5}{9}{\rm{\% }}\)
2). \(5\frac{2}{3}{\rm{\% }}\)
3). \(5\frac{5}{2}{\rm{\% }}\)
4). 5%
For a certain amount, simple interest for 2 years at the rate of 12.5% is Rs. 800.Find the compound interest for 2 years for the same amount at the same rate of interest?
An amount of Rs 1,00,000 is invested in two types of shares. The first yields an interest of 9% p.a. and the second, 11% p.a. If the total interest at the end of one year is \(9\frac{3}{4}\%\), then the amount invested in each share was:
1). Rs. 52,500; Rs. 47,500
2). Rs. 62,500; Rs. 37,500
3). Rs. 72,500; Rs. 27,500
4). Rs. 82,500; Rs. 17,500
The C.I. on a certain sum of money for the 4th year at 8% p.a. is Rs. 486. What was the compound interest for the third year on the same sum at the same rate?
1). Rs. 450
2). Rs. 475
3). Rs. 456
4). None of these