Arithmetic Questions And Answers :: Compound Interest: part2



Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part2 : 16 to 20

Following Compound Interest multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :

16.A sum of money becomes Rs.6690 after three years and Rs. 10,035 after six years on compound interest. The sum is:

Rs.4400
RS.4445
Rs.4460
RS.4520

17.The least number of complete years in which a sum of money put and at 20% C.I. will be more than doubles is:

3
4
5
6

18.At what rate of compound interest per annum will a sum of RS. 1200 become Rs. 1348.32 in 2years?

7%
7.5%
6%
6.5%

19.The value of machine depreciates every year at the rate at108 on its value at the beginning of that year. If the present value of the machine is Rs. 729, its worth 3 years ago was:

Rs. 947.00
Rs.800
Rs. 1000
RS. 750.82

More Compound Interest QUESTIONS AND ANSWERS available in next pages

    Health is the greatest gift, contentment is the greatest wealth -Buddha
A real entrepreneur is somebody who has no safety net underneath them. Henry Kravis