QUESTIONS PALETTE

04

Minutes

59

Seconds

FM1

Q. 1.The compound interest on a sum of money for 2 years is rs.832 and the simple interest on the same sum for the same period is rs.800 .the difference between the compound interest and simple interest for 3 years

Q. 2.What is the difference between the compound interests on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

Q. 3.The compound interest on rs.30000 at 7% per annum is Rs.4347. The period is

Q. 4.Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.

Q. 5.Rekha took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

Q. 6.Find the compound interest on Rs. 16,000 at 20% per annum for 9 months, compounded quarterly

Q. 7.Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.

Q. 8.On a sum of money, the simple interest for 2 years is Rs. 660,while the compound interest is Rs.696.30,the rate of interest being the same in both the cases. The rate of interest is

Q. 9.A sum of money invested at compound interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate of interest per annum is

Q. 10.Rs.100 doubled in 5 years when compounded annually. How many more years will it take to get another Rs.200 compound interest

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