
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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