
Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part3 : 11 to 15
Following Compound Interest multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :
11.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 |
12.A sum amounts to Rs. 2916 in 2 years and to Rs. 3149.28 in 3 years at compound interest. The sum is: |
| Rs. 1500 |
| Rs.2000 |
| Rs.2500 |
| Rs.3000 |
13.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 |
14.A sum of money placed of C.T. doubles itself in 5 years. It will amount to eight times itself in: |
| 15 years |
| 20 years |
| 12 years |
| 10 years |
15.If the compound interest on a certain sum for 2 years at 12.5% per annum is RS. 170, the simple interest is: |
| RS. 150 |
| RS. 152.50 |
| RS. 160 |
| RS. 162.50 |
More Compound Interest QUESTIONS AND ANSWERS available in next pages
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