Compound Interest Questions and Answers - Arithmetic :: 2 :: part1 :: 2024

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Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part1 : 6 to 10

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

6.The difference between the compound interest and the simple in interest on a certain sum at 5% per annum for 2 years is Rs. 1.50. The sum is:

Rs. 600

Rs. 500

Rs. 400

Rs. 300

7.The difference of compound interests on Rs. 800 for 1 year at 20% per annum when compounded half yearly and quarterly is:

Nil

2.50

4.40

6.60

8.A sum of money amounts to Rs.10648 in 3 years and Rs. 9680 in 2 years. The rate of interest is :

5%

10%

15%

20%

9.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

10.The compound interest on Rs. 3000 at 7% per annum for a certain time is Rs. 4347. The time is:

2 year

2 year

3 years

4 years

More Compound Interest QUESTIONS AND ANSWERS available in next pages

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