A sum of money becomes Rs. 13,380 after 3 years and Rs. 20,070 after 6 years on compound interest. The sum is:

1.  Rs. 8800

2.  Rs. 8890

3.  Rs. 8920

4.  Rs. 9040

View Answer  
4
Correct Answer :

Rs. 8920


Explanation :
No Explanation available for this question

A sum of RS. 12,000 deposited at compound interest becomes double after 5 Years. After 20 years, it will become:

1.  Rs. 96,000

2.  Rs. 1,20,000

3.  Rs. 1,24,000

4.  Rs. 1,92,000

View Answer  
4
Correct Answer :

Rs. 1,92,000


Explanation :
No Explanation available for this question

A sum of money placed at compound interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in:

1.  7 years

2.  10 years

3.  15 years

4.  20 years

View Answer  
4
Correct Answer :

15 years


Explanation :
No Explanation available for this question

If a sum on compound interest becomes three times in 4 years, then with the same interest rate, the sum will become 27 times in:

1.  8 years

2.  12 years

3.  24 years

4.  36 years

View Answer  
4
Correct Answer :

12 years


Explanation :
No Explanation available for this question

The latest number of complete years in which a sum of money put out at 20% compounded interest will be more than doubled is:

1.  3

2.  4

3.  5

4.  6

View Answer  
4
Correct Answer :

4


Explanation :
No Explanation available for this question

A man borrows Rs. 2550 to be paid back with compound interest at the rate of 45 per annum by the end of 2 years in two equal yearly installments. How much will each installment be

1.  Rs. 1275

2.  Rs. 1283

3.  Rs. 1352

4.  Rs. 1377

View Answer  
4
Correct Answer :

Rs. 1352


Explanation :
No Explanation available for this question

What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest

1.  Rs. 550

2.  Rs. 551.25

3.  Rs. 560

4.  Rs. 560.75

View Answer  
4
Correct Answer :

Rs. 551.25


Explanation :
No Explanation available for this question

A man borrows Rs. 12,500 at 20% compound interest. At the end of every year he pays Rs. 2000 as part repayment. How much does he still owe after such installments

1.  Rs. 12,000

2.  Rs. 12,864

3.  Rs. 15,600

4.  None of these

View Answer  
4
Correct Answer :

None of these


Explanation :
No Explanation available for this question

A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% compound interest. The sum borrowed was:

1.  Rs. 1620

2.  Rs. 1640

3.  Rs. 1680

4.  Rs. 1700

View Answer  
4
Correct Answer :

Rs. 1640


Explanation :
No Explanation available for this question

The value of log2 i6 is:

1.  1/8

2.  4

3.  8

4.  16

View Answer  
4
Correct Answer :

4


Explanation :
No Explanation available for this question
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