Question:A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600

Rs. 120

Rs. 121

Rs. 122

Rs. 123

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Correct Answer: 2

Question:What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compou

Rs. 2.04

Rs. 3.06

Rs. 4.80

Rs. 8.30

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Correct Answer: 1

Question:Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rat

Rs. 8600

Rs. 8620

Rs. 8820

None of these

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Correct Answer: 3

Question:If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound

Rs. 51.25

Rs. 52

Rs. 54.25

Rs. 60

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Correct Answer: 1

Question:The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckon

Rs. 2.50

Rs. 3

Rs. 3.75

Rs. 4

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Correct Answer: 2

Question:The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years

8

10

12

Cannot be determined

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Correct Answer: 1

Question:The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest

Rs. 400

Rs. 500

Rs. 600

Rs. 800

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Correct Answer: 2

Question:There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest

Rs. 2160

Rs. 3120

Rs. 3972

Rs. 6240

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Correct Answer: 3

Question:The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:

2

2 1/2

3

4

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Correct Answer: 1

Question:The least number of complete years in which a sum of money put out at 20% compound interest will be

3

4

5

6

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Correct Answer: 2

Question:What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?

Rs. 9000.30

Rs. 9720

Rs. 10123.20

Rs. 10483.20

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Correct Answer: 3

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

6%

6.5%

7%

7.5%

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Correct Answer: 1

Question:The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-y

6.06%

6.07%

6.08%

6.09%

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Correct Answer: 4

Question:Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest

Rs. 1550

Rs. 1650

Rs. 1750

Rs. 2000

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Correct Answer: 3

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