The compound interest on Rs. 20,480 at 6(1/4) per annum for 2 years 73 days, is:

1.  Rs. 2929

2.  Rs. 3000

3.  Rs. 3131

4.  Rs. 3636

View Answer  
4
Correct Answer :

Rs. 2929


Explanation :
No Explanation available for this question

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years

1.  Rs. 565.25

2.  Rs. 635

3.  662.02

4.  Rs. 666.50

View Answer  
4
Correct Answer :

662.02


Explanation :
No Explanation available for this question

Sam invested Rs. 15,000 @ per annum for one year. If the interest is compounded half-yearly, then the amount received by Sam at the end of the year will be:

1.  Rs. 16,500

2.  Rs. 16,525.50

3.  Rs. 16,537.50

4.  Rs. 18,150

5.  None of these

View Answer  
5
Correct Answer :

Rs. 16,537.50


Explanation :
No Explanation available for this question

A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way interest is:

1.  Rs. 120

2.  Rs. 121

3.  Rs. 122

4.  Rs. 123

View Answer  
4
Correct Answer :

Rs. 121


Explanation :
No Explanation available for this question

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

1.  Rs. 2.04

2.  Rs. 3.06

3.  4.80

4.  Rs. 8.30

View Answer  
4
Correct Answer :

Rs. 2.04


Explanation :
No Explanation available for this question

Find the compound interest on Rs. 15,625 for 9 months at 16% per annum compounded quterly.

1.  Rs. 1851

2.  Rs. 1941

3.  Rs. 1951

4.  Rs. 1961

View Answer  
4
Correct Answer :

Rs. 1951


Explanation :
No Explanation available for this question

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the same rate and for the same time

1.  Rs. 51.25

2.  Rs. 52

3.  Rs. 54.25

4.  RS. 60

View Answer  
4
Correct Answer :

Rs. 51.25


Explanation :
No Explanation available for this question

What will be the difference between simple and compound interest @ 10% per annum on a sum of Rs. 1000 after 4 years

1.  Rs. 31

2.  Rs. 32.10

3.  Rs. 40.40

4.  Rs. 64.10

5.  None of these

View Answer  
5
Correct Answer :

Rs. 64.10


Explanation :
No Explanation available for this question

The differences between simple interest and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:

1.  Rs. 2.50

2.  Rs. 3

3.  Rs. 3.75

4.  Rs. 4

5.  None of these

View Answer  
5
Correct Answer :

Rs. 3


Explanation :
No Explanation available for this question

The compound interest on Rs. 30,000 at 75 per annum is Rs. 4347. The period (in years) is:

1.  2

2.  2(1/2)

3.  3

4.  4

View Answer  
4
Correct Answer :

2


Explanation :
No Explanation available for this question
Previous Next

Interview Questions

MongoDB
Java Script
Node JS
PHP
JQuery
Python