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Compound & Simple Interest Quiz : 30.04.2019

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Question 1

At what rate of compound interest per annum will a sum of Rs 50000 become Rs 73205 in 2 years?

Question 2

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 12% per annum is Rs 72. What is the value of given sum (in Rs)?

Question 3

If compound interest received on a certain amount in the 2nd year is Rs 1200, what will be the compound interest (in Rs) for the 4th year on the same amount at 10% rate of interest?

Question 4

A bank offers 15% compound interest per half year. A customer deposits Rs 7200 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by means of interest is

Question 5

There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest on ₹30000 after 2 years at the same rate?

Question 6

There is 40% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs. 25000 after 3 years at the same rate?

Question 7

A certain sum becomes 4 times in 7 years, at simple interest, then in how many years it will become 16 times?

Question 8

The difference between CI and SI is "d" when rate of interest is r% for 2 years. If the rate of interest is doubled, then what will be the new difference between CI and SI for same time period?

Question 9

The difference between CI and SI on a sum for 2 years at a rate of 6% is Rs. 360. If the rate of interest is 10% per annum, then what will be the difference?

Question 10

The simple interest on Rs. 2000 for 2 years at Rs. 75 per thousand per annum will be:
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