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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