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
Tag Archives: QA – Placement Quizzes-Compound Interest
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
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
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
