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1➤ Anil invested an amount for three years at a simple interest rate of 9% p.a. He got an amount of Rs.19,050 at the end of three years. What principal amount did he invest?
(1) Rs.14,500
(2) Rs.11,050
(3) Rs.11,440
(4) Rs.10,950
(5) None of these
2➤ What will be the compound interest on an amount of Rs.5,000 for a period of 2 years at 8% p.a.?
(1) Rs.840
(2) Rs.400
(3) Rs.823
(4) Rs.416
(5) None of these
3➤ What is the interest received on a principal of Rs.450 for 2 years if the interest received on Rs.1 after four years at the same rate of simple interest is Rs.0.40?
(1) Rs.90
(2) Rs.180
(3) Rs.36
(4) Can’t say
(5) None of these
4➤ Ms. Sandhya deposits an amount of Rs.31,400 to obtain a simple interest at the rate of 12 percent per annum for 8 years. What total amount will Ms. Sandhya get at the end of 8 years?
(1) Rs.31,444
(2) Rs.61,544
(3) Rs.41,544
(4) Rs.31,144
(5) None of these
5➤ What amount of compound interest can be obtained on the principal amount of Rs.15800 at the rate of 6 percent per annum at the end of 2 years?
(1) Rs.1,986
(2) Rs.2,012.48
(3) Rs.1,952.88
(4) Rs.1,956
(5) None of these
6➤ Sudhanshu invested Rs.15,000 at interest 10% p.a. for one year. If the interest is compounded every six months what amount will Sudhanshu get at end of the year?
(1) Rs.16,537.50
(2) Rs.16,5000
(3) Rs.16,525.50
(4) Rs.18,150
(5) None of these
7➤ Ms. Suchi deposits an amount of Rs.24,000 to obtain a simple interest at the rate of 14% p.a. for 8 years. What total amount will Ms. Suchi get at the end of 8 years?
(1) Rs.52080
(2) Rs.28000
(3) Rs.50880
(4) Rs.26880
(5) None of these
8➤ The simple interest accrued on an amount of Rs.84,000 at the end of three year is Rs.30,240. What would be the compound interest accrued on the same amount at the same rate in the same period?
(1) Rs.30,013.95
(2) Rs.31,013.95
(3) Rs.32,013.95
(4) Rs.33,013.95
(5) None of these
9➤ What will be the difference between the compound interest and simple interest at the rate of 5% p.a. on an amount of Rs.4,000 at the end of two years?
(1) Rs.10
(2) Rs.20
(3) Rs.30
(4) Data inadequate
(5) None of these
10➤ If the compound interest accrued on an amount of Rs.14500 in two years is Rs.4676.25, what is the rate of interest percentage p.a.?
(1) 11
(2) 9
(3) 15
(4) 18
(5) None of these
