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Compound Interest

Important Instructions
71.

A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.

Answer: A

A = 2000(21/20)⊃2; = 2205

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72.

Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?

Answer: C

5000 * 104/100 * 105/100 => 5460

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73.

In 3 years by compound interest, a sum becomes Rs. 900. But in 4 years by compound interest, the same sum becomes Rs. 1000. What is the sum and the rate of interest?

Answer: B

No answer description available for this question.

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74.

Indu gave Bindu Rs.1250 on compound interest for 2 years at 4% per annum. How much loss would Indu has suffered had she given it to Bindu for 2 years at 4% per annum simple interest?

Answer: B

1250 = D(100/4)⊃2;

 

      D = 2

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75.

At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?

Answer: A

No answer description available for this question.

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76.

A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?

Answer: A

6 1/4% = 1/16

x * 15/16 * 15/16 * 15/16 = 21093

x = 25600.24

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77.

Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?

Answer: B

441 = P(21/20)⊃2;

 

P = 400

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78.

A sum of money becomes Rs 13,380 in 3 years and Rs 20,070 in 6 years at compound interest. The initial sum is?

Answer: C

No answer description available for this question.

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79.

Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

Answer: A

A = 8000(21/20)⊃3;

    = 9261

    = 8000

     ---------

      1261

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80.

Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?

Answer: B

A = 8000(21/20)⊃3;

= 9261

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