Aptitude Question Papers

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COMPOUND INTEREST QUESTIONS AND ANSWERS 28 to 30

28. The difference between simple interest and compound interest on a sum for 2 years at 8% when the interest is compounded annually is Rs.16. If the interest were compounded half yearly, the difference in two interests would be nearly:

Rs.16
Rs.16.80
Rs. 21.85
RS.24.64

29. A sum of Rs. 12000 deposited at compound interest becomes double after 5 years. After 20 years it will become

120000
192000
124000
96000

30. If Rs. 7500 are borrowed at C.I. at the rat of 4% per annum, then after 2 years the amount to be paid is:

Rs. 8082
Rs. 7800
RS. 8100
RS. 8112

More COMPOUND INTEREST APTITUDE QUESTIONS AND ANSWERS available in next pages

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