# 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 ANSWER : : Rs.98.56
 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 ANSWER : : 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 ANSWER : : Rs. 2929
 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 ANSWER : : 2 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 ANSWER : : Rs. 81.60

More Compound Interest QUESTIONS AND ANSWERS available in next pages

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