Compound Interest Test 5

Compound Interest Test 5

  1. jack setup a factory by investing Rs 40000. during the first three successive years his profits were 5, 10 and 15% respectively. If each year the profit was on previous years capital find his total profit/

  1. A man borrows Rs 12500 from a bank at 20% compound interest. At the end of every year he pays Rs 2000 as part repayment. How much does he still owe to the bank after 3 such installments?

  1. Rajesh openedĀ  a restaurant with an initial investment of rs 32000. in that first year he incurred a loss of 5%however during the second year he earned as profit of 10% which in third year rise to 12 Ā½ %. Calculate his net profit for the entire period of 3 years?

  1. The compound interest on a sum for 2 years is Rs 832 and the simple interest on the same sum for same period is 800. the difference between the compound interest and the simple interest fort 3 years will be?

  1. A sum of money placed at CI doubles itself in 5 years . find in how many years it will become 8 times?

  1. The CI on a certain sum for 2 years is Rs 41.60 and the SI is Rs 40 find the sum?

  1. The difference between the CI on Rs 1600 for one year at 20% per annum, when compounded half-yearly and quarterly is?

  1. The CI on a certain um of money for 2 years at 10% PA is 420. find the SI at the same rate and for the same time?

  1. The least number of complete ears in which a sum of money put at 20% CI will be more than doubled is?

  1. A tree increases annually by 1/8 th of is height. By how much will it increase after 2 years, if it stands today 64 cm height?

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