COMPOUND INTEREST APTITUDE QUESTIONS AND ANSWERS

COMPOUND INTEREST QUESTIONS AND ANSWERS 10 to 12

10. 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

11. The difference between simple interest and the compound interest on Rs. 600 for 1 year at 10% per annum, reckoned half yearly is:

Nil

Rs. 6.60

Rs. 4.40

Rs. 1.50

12. Simple interest on a sum at 4% per annum for 2 years is Rs. 80. The compound interest on the same sum for the same period is:

Rs.81.60

Rs.160

Rs.1081.60

none of these

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