Compound Intrest Quiz No1

Compound Intrest Quiz No1

1 ) Find the amount ion Rs 4000 for 2 years at 5% per annum compound interest?





  1. Find the CI on Rs 16000 at 20% per annum for 9 months compounded  quarterly





  1. What sum of money lent out at CI will amount to Rs 968 in 2 years at 10% PA interest being charged annually?





  1. Find the CI on Rs 2000 for 9 months at 8% per annum being given when the interest is reckoned half yearly?





  1. A sum of money amounts t Rs 6690 after three years and to Rs 10035 after 6 years on CI find the sum?





  1. Vijay obtains a loan of Rs 64000 against his fixed deposits. If the rate of interest be 2.5 paise per rupee per annum, calculate the CI payable after 3 years?





  1. Find the CI on rs 2000 for 9 months at 8% per annum being given when the interest is reckoned quarterly?





  1. A sum of money doubles itself at CI in 15 years. In how many years will it become eight times?





  1. Find the difference between SI and CI on Rs 2000 for 2 years at the rate of 10% PA?





  1. The difference between compound interest and simple interest on a certain sumof money is 2 years at 4% is Rs 50. Find the sum?







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