For Daily Job Alert |
Join Our Whats App Channel |

For Free Study Material |
Join Our Telegram Channel |

1. A builder borrows Rs. 2550 to be paid back with

compound interest at the rate of 4% of per annum by

the end of 2 years in two equal yearly installments.

How much will each installment be?

(a) Rs.1352 (b) Rs.1377

(c) Rs.1275 (d) Rs.1283

2. A certain amount of money at r% compounded

annually after two and three years becomes Rs. 1440

and Rs. 1728 respectively 1440 and Rs. 1728

respectively. R% is

(a) 5 (b)10

(c)15 (d)20

3. A certain amount of money earns Rs. 540 as simple

interest in 3 years. If it earns a compound interest of

Rs.376.20 at the same rate of interest in 2 years, find

the amount ( in Rupees).

(a) 1600 (b)1800

(c) 2100 (d)2000

4. A certain sum amounts to Rs. 5832 in 2 years at 8%,

per annum compound interest, the sum is:

(a) Rs. 5000 (b) Rs. 5200

(c) Rs. 5280 (d) Rs. 5400

5. A certain sum of money amounts to Rs. 2420 in 2 years

and Rs. 2662 in 3 years at same rate of compound

interest, compounded annually the rate of interest per

annum is:

(a) Rs. 6% (b) Rs. 8%

(c) Rs. 9% (d) Rs. 10%

6. A certain sum will amount to Rs. 12,100 in 2 years at

10% per annum of compound interest, interest being

compounded annually. The sum is :

(a) Rs.12000 (b) Rs. 6000

(c) Rs. 8000 (d) Rs. 10000

7. A certain sum, invested at 4% per annum compound

interest compounded half yearly amounts is Rs. 7803

at the end of one year. The sum is:

(a) Rs. 9000 (b) Rs. 8400

(c) Rs. 7500 (d) Rs 8000

8. A certain sum, invested at 4% per annum compound

interest compounded half yearly, amounts is Rs. 7803

at the end of one year. The sum is:

(a) Rs. 7000 (b) Rs. 7200

(c) Rs. 7500 (d) Rs. 7700

9. A loan of Rs. 12300 at 5% per annum compound

interest, is to be repaid in two equal annual

installments at the end of every year. Find the

amount of each installment.

(a) Rs. 6651 (b) Rs. 6615

(c) Rs. 6516 (d) Rs. 6156

10. A man borrows Rs. 21000 at 10% compound interest.

How much he has to pay annually at the end of each

year, to settle his loan in two years?

(a) Rs. 12000 (b) Rs. 12100

(c) Rs. 12200 (d) Rs. 12300