Arithmetic Questions And Answers :: Compound Interest: part2



Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part2 : 1 to 5

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

1.The compound interest on a sum for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs.800. The difference between the compound and simple interests for 3 years will be:

Rs.48
Rs.66.56
Rs.98.56
none of these

2.If Rs. 7500 are borrowed at C.I. at the rat of 4% per annum, then after 2 years the amount to be paid is:

Rs. 8082
Rs. 7800
RS. 8100
RS. 8112

3.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

4.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

5.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

More Compound Interest QUESTIONS AND ANSWERS available in next pages

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