CI
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A certain sum of money , invested for 4 years at 8 % p.a. simple interest , earns an interest of ₹ 10, 000. Find
(a) the sum of money
(b) the compound interest earned by this money in two years at 12 % p.a. compound interest
₹ 31, 250 , ₹ 7950
₹ 31, 250 , ₹ 39200
₹ 30, 000 , ₹ 8000
₹ 29, 250 , ₹ 6950
Find the compound interest on ₹ 20, 000 in 3 years, if the rate of interest for the successive years are 10%, 12%, and 15% respectively.
₹ 8336
₹ 7596
₹ 8596
₹ 9546
Find the sum invested if the difference between S.I. and C.I. on a sum for 2 years at 8% per annum is ₹ 480
₹ 55, 000
₹ 75, 000
₹ 85, 000
₹ 80, 000
A principal of ₹ 50, 000 is invested at the rate of 10% for 2 years in compound interest. Find the compound interest and the difference between C.I and S.I.
₹ 10, 500 , ₹ 500
₹ 10, 500 , ₹ 1500
₹ 10, 500 , ₹ 1000
₹ 10, 000 , ₹ 500
If the interest earned in one year is ₹ 400 on a sum of money of ₹ 8000, then the principal under compound interest for the second year will be ₹ _______
₹ 8400
8000
₹ 7600
4400
Aditya borrowed ₹ 30, 000 from a bank to buy a Washing machine at a rate of 10% interest p.a. compounded yearly. What amount will he pay at the end of 2 years and 4 months to clear the loan?
₹ 38, 510
₹ 42, 510
₹ 35, 510
₹ 37, 510
If the compound interest earned on ₹30000 at 7% per annum is ₹4347, then find the time period (in years).
2
212
3
4
The difference between the final amount and the original principal is called _______ .
interest
principal
rate of interest
time period
- A=P(1+r100)t
- A=P(1−r100)t
- A=P(1+rt)
- None of the above
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