# In what time 8000 Rs. will amount to 9261 Rs. at 10% per annum compound interest, when the interest is compounded half yearly?

In what time 8000 Rs. will amount to 9261 Rs. at 10% per annum compound interest, when the interest is compounded half yearly? [A]1.5 years [B]2 years [C]2.5 years [D]3.5 years Show Answer 1.5 years Interest is compounded half yearly. ∴ Rate of interest = 5% Hence option [A] is correct answer.

# A sum of 8000 Rs. will amount to 8820 Rs. in 2 years if the interest is calculated every year. The rate of compound interest is :

A sum of 8000 Rs. will amount to 8820 Rs. in 2 years if the interest is calculated every year. The rate of compound interest is : [A]3% [B]5% [C]6% [D]7% Show Answer 5% If the rate of CI be r% per annum, then Hence option [B] is correct answer.

# The time in which 80000 Rs. Amounts to 92610 Rs. At 10% per annum compound interest, interest being compounded semi annually is :

The time in which 80000 Rs. Amounts to 92610 Rs. At 10% per annum compound interest, interest being compounded semi annually is : [A]1.5 years [B]2 years [C]2.5 years [D]3 years Show Answer 1.5 years Time = t half year and R = 5% per half year ∴ T = 3 half years or years […]

# The compound interest on 5000 Rs. for 3 years at 10% per annum will amount to :

The compound interest on 5000 Rs. for 3 years at 10% per annum will amount to : [A]1565 Rs. [B]1600 Rs. [C]1654 Rs. [D]1655 Rs. Show Answer 1655 Rs. Hence option [D] is correct answer.

# In how many years will a sum of money 800 Rs. at 10% per annum compound interest, compounded semi annually becomes 926.10 Rs.?

In how many years will a sum of money 800 Rs. at 10% per annum compound interest, compounded semi annually becomes 926.10 Rs.? [A] [B] [C] [D] Show Answer Rate = 10% per annum = 5% half yearly Hence option [B] is correct answer.

# An amount of 6000 Rs. Lent at 5% per annum compound interest for 2 years will become :

An amount of 6000 Rs. Lent at 5% per annum compound interest for 2 years will become : [A]6000 Rs. [B]6600 Rs. [C]6610 Rs. [D]6615 Rs. Show Answer 6615 Rs. Hence option [D] is correct answer.

# The sum of money that yields a compound interest on 420 Rs. during the second year at 5% per annum is :

The sum of money that yields a compound interest on 420 Rs. during the second year at 5% per annum is : [A]4000 Rs. [B]4200 Rs. [C]2100 Rs. [D]8000 Rs. Show Answer 8000 Rs. Hence option [D] is correct answer.

# A sum of 3200 Rs. invested at 10% per annum compounded quarterly amounts to 3362 Rs. Compute the time period.

A sum of 3200 Rs. invested at 10% per annum compounded quarterly amounts to 3362 Rs. Compute the time period. [A] [B] [C] [D] Show Answer Hence option [A] is correct answer.

# A man borrows 21000 Rs. at 10% compound interest. How much he has to pay annually at the end of each year, to settle his loan in two years?

A man borrows 21000 Rs. at 10% compound interest. How much he has to pay annually at the end of each year, to settle his loan in two years? [A]12000 Rs. [B]12100 Rs. [C]12200 Rs. [D]12300 Rs. Show Answer 12100 Rs. If each instalment be x, then present worth of first instalment Present worth of […]

# A principal of 10000 Rs. after 2 years compounded annually, the rate of interest being 10% per annum during the first year and 12% per annum during the second year will amount is :

A principal of 10000 Rs. after 2 years compounded annually, the rate of interest being 10% per annum during the first year and 12% per annum during the second year will amount is : [A]11320 Rs. [B]12000 Rs. [C]12320 Rs. [D]12500 Rs. Show Answer 12320 Rs. Hence option [C] is correct answer.