Compound Interest Questions and Answers - Arithmetic :: 3 :: part3 :: 2024

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Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part3 : 11 to 15

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

11.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

12.A sum amounts to Rs. 2916 in 2 years and to Rs. 3149.28 in 3 years at compound interest. The sum is:

Rs. 1500

Rs.2000

Rs.2500

Rs.3000

13.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

14.A sum of money placed of C.T. doubles itself in 5 years. It will amount to eight times itself in:

15 years

20 years

12 years

10 years

15.If the compound interest on a certain sum for 2 years at 12.5% per annum is RS. 170, the simple interest is:

RS. 150

RS. 152.50

RS. 160

RS. 162.50

More Compound Interest QUESTIONS AND ANSWERS available in next pages

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