Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part2 : 6 to 10
Following Compound Interest multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :
6.Rs. 800 at 5% per annum compound interest will amount to Rs. 882 in: |
1 year |
2 year |
3 year |
4 year |
7.The difference between simple interest and the compound interest on Rs. 600 for 1 year at 10% per annum, reckoned half yearly is: |
Nil |
Rs. 6.60 |
Rs. 4.40 |
Rs. 1.50 |
8.A man borrows Rs.4000 from a beak at 71/2 compound interest. At the end of every year he pays Rs. 1500 as part repayment of loan and interest. How much does he still how to the bank after three such instalments: |
Rs.123.25 |
Rs.125 |
RS.400 |
RS. 469.18 |
9.RS.1600 at 10% per annum compound interest compounded half yearly amount to Rs. 1944.81 in |
2 years |
3 years |
1 years |
2 years |
10.A tree increases annually by 1/8 th of its height, By how much will at increase after 2 years, it stand-today 64cm high? |
72 cm |
74 cm |
75 cm |
81 cm |
More Compound Interest QUESTIONS AND ANSWERS available in next pages
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