Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part2 : 16 to 20
Following Compound Interest multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :
16.A sum of money becomes Rs.6690 after three years and Rs. 10,035 after six years on compound interest. The sum is: |
Rs.4400 |
RS.4445 |
Rs.4460 |
RS.4520 |
17.The least number of complete years in which a sum of money put and at 20% C.I. will be more than doubles is: |
3 |
4 |
5 |
6 |
18.At what rate of compound interest per annum will a sum of RS. 1200 become Rs. 1348.32 in 2years? |
7% |
7.5% |
6% |
6.5% |
19.The value of machine depreciates every year at the rate at108 on its value at the beginning of that year. If the present value of the machine is Rs. 729, its worth 3 years ago was: |
Rs. 947.00 |
Rs.800 |
Rs. 1000 |
RS. 750.82 |
More Compound Interest QUESTIONS AND ANSWERS available in next pages
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