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A sum of money under compound interest doubles itself in 4 years. In how many years will it become 16 times itself? 

 

Option: 1

12 years


Option: 2

16 years


Option: 3

8 years


Option: 4

None of these


16

 

 

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Posted by

Diki

A certain loan amounts, under compound interest, compounded annually earns an interest of Rs.1980 in the second year and Rs.2178 in the third year. How much interest did it earn in the first year?

Option: 1

Rs.1600


Option: 2

Rs.1800


Option: 3

 Rs.1900


Option: 4

None of these

 


1800

 

 

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Posted by

Diki

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If Rs.2000 amounts to Rs.2880 in 2 years at compound interest, what is the rate of interest per annum if the interest is being compounded annually?

Option: 1

10%


Option: 2

20%


Option: 3

15%


Option: 4

25%


20%

 

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Posted by

Khushi

Find the compound interest earned on Rs.20000 for 2 years at 10% p.a. the interest being compounded annually.

Option: 1

Rs.2100


Option: 2

Rs.4200


Option: 3

Rs.6300


Option: 4

Rs.5600 

 


4200

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Posted by

aditya rupesh chavan

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Find the compound interest on Rs. 5000 in 2 years at 4% per annum, the interest being compounded half yearly.

 

Option: 1

R 412.16


Option: 2

R 312.16


Option: 3

R 400.16


Option: 4

R 420.16

 


412.16

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Posted by

Sri vishnu junior college

14. Find the present value (in Rs.) of Rs.3000 due after 5 years at 10% p.a. simple interest.

Option: 1

1500


Option: 2

1800


Option: 3

2000


Option: 4

2500


Option a 1500

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Posted by

Madhavee vijay kadam

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A person invested a sum of Rs.750 in a bank at simple interest. After 5 years he received Rs.1200. Find the rate of interest offered by the bank.

 

  • Option 1)

     

    10% p.a           

     

  • Option 2)

     

    11% p a       

     

  • Option 3)

     

    14% p a    

     

  • Option 4)

     

     12% p.a

     

  • Option 5)

     

    20% p.a      

     

1200 -750 = 450

450 = \frac{\left \{ 750\times 5\times R \right \}}{100}= R = \frac{900}{75}

= 12%

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Posted by

rishi.raj

A person borrowed Rs 1000 at the rate of 10% per annum simple interest. What is the amount he has to pay after 5 years to clear the debt?

  • Option 1)

    Rs.1564          

  • Option 2)

    Rs.1520      

  • Option 3)

      Rs.1500   

  • Option 4)

       Rs.1550

  • Option 5)

     Rs.1532     

P = 1000, R = 10% , T = 5 years

S.I = \frac{PTR}{100} = \frac{\left \{ 1000\times 5 \times 10 \right \}}{100}{ }= 500

Desired\: answer = 1000 + 500 = 1500

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Posted by

rishi.raj

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If the difference between compound interest at 8% p.a. and simple interest at 13/2 % p.a. on a certain sum of money for 2 years is Rs. 1820, then find the sum.

  • Option 1)

    Rs. 50000        

  • Option 2)

    Rs. 22000      

  • Option 3)

     Rs.32000

  • Option 4)

     Rs.25000

  • Option 5)

    Rs. 40000    

Difference between C.I and S.I = 1820

= 1820

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Posted by

rishi.raj

 

A sum of money compounded annually amounts to Rs.1375 in 5 years and Rs.1980 in 7 years. Find the annual rate of interest

 

  • Option 1)

     

    12%           

     

  • Option 2)

     

     20%                    

     

  • Option 3)

     

    11%

     

  • Option 4)

     

     10%

     

  • Option 5)

     

    15%                        

     

Amount of 5 years = 1375 Rs.

Amount of  7 years = 1980 Rs.

Difference = 1980 -1375 = 605

ThenCI = P \left [ 1+\frac{r}{100} \right ]^{2}

605 = 1375 \left [ 1 + \frac{r}{100} \right ]^{2}

R= 20 %

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Posted by

rishi.raj

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