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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