The value of any article or item subject to wear and tear, decreases with time. This decrease is called its Depreciation. Given three variable V1,… Read More
Tag Archives: Compound Interest
Given two integers N1 and N2 which is the Compound Interest of two consecutive years. The task is to calculate the rate percentage.Examples: Input: N1… Read More
The difference between compound interest and simple interest on an amount of Rs 15,000 for 2 years is Rs 96. What is the rate of… Read More
The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is: (A)… Read More
A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% compound interest. The sum borrowed was:… Read More
An amount of 200000 is deposited in bank under a scheme which provides 10% rate 1st years, 20% rate 2nd year and 5% rate 3rd… Read More
Find the compound interest on Rs. 15,000 for 9 months at 16% per annum compounded quarterly. (A) 1872.96 (B) 1972.96 (C) 2072.96 (D) 2172.96 Answer:… Read More
An amount of Rs.1500 is invested at 10% per annum for one year. If the interest is compounded half-yearly, then what amount will be received… Read More
An amount of Rs.8000 is landed out for 2 years at compound interest rate 5 % per annum. How much interest will be incurred on… Read More
An amount of Rs.9600 lent out at a rate of 4.5 % per annum for a 1 year and 9 months. At the end of… Read More
What will be the amount if Rs.10,00,000 is invested at CI for 3 years at a rate of interest 10%, 11% and 12% respectively? (A)… Read More
What sum will be amount to Rs.30000 at CI in 3 years, if the rate of interest for 1st, 2nd and 3rd year being 10%,… Read More
Find the amount returned for an investment of Rs.5,000 after 2 years, if the rate of interest for the 1st year is 5% and for… Read More
Sagar has a sum of Rs.8000. He lends it for 20% per annum at compound interest. In how much time the sum of the amount… Read More
Ram invests Rs. 10,000 for 1 year at a rate of 10% per annum compounded yearly and Sita invests the same amount for same time… Read More
