Q. If Rs. 500 amounts to Rs. 583.20 in two years compound annually, the rate of interest per annum is -
1) 8%
2) 7%
3) 6%
4) 9%
Q. If a sum of money at simple interest doubles itself in 6 years, it will become four times in -
1) 14 years
2) 12 years
3) 18 years
4) 16 years
Q. A sum of money doubles in 3 years at compound interest, compounded annually. It will become 4 times of itself in -
1) 12 years
2) 9 years
3) 8 years
4) 6 years
Q. The rate at which a sum becomes four times of itself in 15 years at simple interest will be -
1) 26%
2) 20%
3) 15%
4) 18%
Q. A number consists of three digits whose sum is 17. The middle one exceeds the sum of the other two by 1. If the digits be reversed, the number is diminished by 396, then the number is -
1) 494
2) 593
3) 681
4) 692
Q. If Rs. 5000 amount to Rs. 7500 in 5 years at simple interest, what is rate of interest?
1) 10%
2) 15%
3) 5%
4) 7.5%
Q. The Simple Interest on a certain sum for 3 years at 7% per annum is Rs. 235.20. the sum is -
1) 960
2) 1120
3) 1040
4) 1080
Q. If Rs. 64 amount to Rs. 83.20 in 2 years. What will Rs. 172 amount to in 4 years at same rate present per annum?
1) 100
2) 104.20
3) 103.20
4) 99.20
Q. What will be the Simple Interest of Rs. 1200 at rate of 9% for 9 months compound annually?
1) 80
2) 81
3) 90
4) 99
Q. Amit invested an amount of Rs. 25000 in fixed deposit at a Compound Interest of 8% per annum for 2 years. What amount Amit will get?
1) 28240
2) 28540
3) 29240
4) 29160
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