
Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part1 : 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.The compound interest of Rs. 20480 at 6 ΒΌ% per annum for 2 years 73 days is: |
| Rs.3000 |
| Rs. 3131 |
| Rs. 2929 |
| Rs. 3636 |
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.A sum amounts to Rs. 1352 in 2years at 4% compound interest. The sum is: |
| Rs. 1300 |
| Rs. 1250 |
| Rs. 1260 |
| Rs. 1200 |
14.The compound interest on a certain sum of money for 2 years at 10% per annum is RS. 420. The simple interest on the same sum at the same rate and for the same time will be: |
| Rs. 350 |
| Rs. 375 |
| Rs. 380 |
| RS. 400 |
15.Rs. 800 at 5% per annum compound interest will amount to Rs. 882 in: |
| 1 year |
| 2 year |
| 3 year |
| 4 year |
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