Learn and Practice Free Compound Interest Set 3 questions
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The principal that amounts to Rs.4913 in 3 years at 4 1/3% per annum compound interest compounded annually is
Option 1: Rs.3096
Option 2: Rs.4076
Option 3: Rs.4085
Option 4: Rs.4096
Option 5:
what would be the least number of years in which the simple interest on rs.2600 at % will be an exact number of rupees?
Option 1: 2
Option 2: 3
Option 3: 4
Option 4: 5
Option 5:
A certain sum amounts to Rs.7350 in 2 years and to Rs.8575 in 3 years.find the sum and rate percent
Option 1: 3400
Option 2: 4400
Option 3: 5400
Option 4: 6400
Option 5:
Rs. 5887 is divided between Shyam and Ram, such that Shyams share at the end of 9 years is equal to Rams share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam.
Option 1: 3567
Option 2: 3452
Option 3: 3087
Option 4: 3544
Option 5:
In what time will Rs. 1000 become Rs. 1331 at 10% per annum compounded annually?
Option 1: 1 Year
Option 2: 2 Years
Option 3: 3 Years
Option 4: 4 Years
Option 5:
A sum of money amounts to Rs.6690 after 3 years and to Rs.10,035 after 6 years on compound interest.find the sum.
Option 1: 4360
Option 2: 4460
Option 3: 4560
Option 4: 4660
Option 5:
A five-year promissory note with a face value of $3500, bearing interest at 11% compounded semiannually, was sold 21 months after its issue date to yield the buyer 10% compounded quarterly.What amount was paid for the note
Option 1: 4336.93
Option 2: 5336
Option 3: 6336
Option 4: 7336
Option 5:
The difference between the compound interest and the simple interest accrued on an amount of Rs. 18,000 in 2 years was Rs. 405. What was the rate of interest p.c.p.a. ?
Option 1: 12%
Option 2: 13%
Option 3: 14%
Option 4: 15%
Option 5:
Divide Rs. 1301 between A and B, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum.
Option 1: Rs.625
Option 2: Rs.626
Option 3: Rs.627
Option 4: Rs.628
Option 5:
Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.
Option 1: 524.32
Option 2: 624.32
Option 3: 724.32
Option 4: 824.32
Option 5:
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