What will be ratio of simple to compound interest on two same sums invested in SBI at rate of interest of 8% kept for 3 years?
Answer: A
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Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?
Answer: C
A = 1600(21/20)⊃3; = 2522
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The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:
Answer: A
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The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
Answer: B
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How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?
Answer: A
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What will be difference in population 3 years ago and 2 years ago of Devon village, whose current population is 100000 and which is increasing at a rate of 25% every year?
Answer: D
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The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?
Answer: D
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What will be the interest earned on sum of Rs. 5500 kept for 6 months at 25% interest rate compounded quarterly?
Answer: A
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Find the principal amount invested if the difference between Compound Interest and Simple Interest obtained for 3 years at rate of interest of 25% is Rs. 320?
Answer: B
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If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is?
Answer: D
A = 7500(26/25)⊃2; = 8112
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