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COMPOUND INTEREST APTITUDE QUESTIONS AND ANSWERS

COMPOUND INTEREST APTITUDE QUESTIONS AND ANSWERS

Compound Interest Questions and Answers

COMPOUND INTEREST QUESTIONS AND ANSWERS 1 to 3

1. A sum is invested at compound interest payable annually. The interest in two successive years was Rs. 500 and Rs. 540. The sum is:

Rs. 3750

RS. 5000

RS. 5600

Rs. 6250

2. The compound interest of Rs. 20480 at 6 �% per annum for 2 years 73 days is:

Rs.3000

Rs. 3131

Rs. 2929

Rs. 3636

3. A sum of Rs.550 was taken as a loan. This is to be repaid in two equal annual instalments. If the rate of interest be 20% compounded annual by then he value of each instalment is:

RS.421

Rs.396

Rs.360

Rs.350

More COMPOUND INTEREST APTITUDE QUESTIONS AND ANSWERS available in next pages

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