Q1)-There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
Q2)-What is the difference between the compound interests on Rs. 5000 for 1.5 years at 4% per annum compounded yearly and half-yearly?
Q3)-At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?
Q4)-At what rate will a sum of money become 6 times in 20 years at simple interest?
Q5)-What is the capital required to earn a monthly interest of Rs 600 at 6% per annum?
Q6)-Rs. 5887 is divided between Shyam and Ram, such that Shyam's share at the end of 9 years is equal to Ram's share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam.
Q7)-A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will?
Q8)-The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years?
Q9)-On a sum of money, the simple interest for 2 years is Rs. 320, while the compound interest is Rs. 340, the rate of interest being the same in both the cases. The rate of interest is:
Q10)-A sum of money becomes Rs. 2200 after three years and Rs. 4400 after six years on compound interest. The sum is
Answers:
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Rs. 2160
Rs. 3120
Rs. 3972
Rs. 6240
Q2)-What is the difference between the compound interests on Rs. 5000 for 1.5 years at 4% per annum compounded yearly and half-yearly?
Rs. 2.04
Rs. 3.06
Rs. 4.80
Rs. 8.30
Q3)-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%
Q4)-At what rate will a sum of money become 6 times in 20 years at simple interest?
20 %
25 %
30 %
35 %
Q5)-What is the capital required to earn a monthly interest of Rs 600 at 6% per annum?
Rs 12000
Rs 120000
Rs 1200000
None of these
Q6)-Rs. 5887 is divided between Shyam and Ram, such that Shyam's share at the end of 9 years is equal to Ram's share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam.
3567
3452
3087
3544
Q7)-A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will?
Rs.17.5 lakhs
Rs.21 lakhs
Rs.15 lakhs
Rs. 20 lakhs
Q8)-The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years?
9000
6250
8530.80
8780.80
Q9)-On a sum of money, the simple interest for 2 years is Rs. 320, while the compound interest is Rs. 340, the rate of interest being the same in both the cases. The rate of interest is:
15%
14.25%
12.5%
10.5%
Q10)-A sum of money becomes Rs. 2200 after three years and Rs. 4400 after six years on compound interest. The sum is
Rs. 1400
Rs. 1100
Rs. 1000
Rs. 1200
Answers:
- c
- a
- a
- b
- b
- c
- b
- d
- c
- b
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