Compound Interest

Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?

• 6060

• 8788

• 8800

• 8820

What is the compound interest on Rs. 5,000 for 112years at 4 percent per annum according as the interest is compounded yearly?

• 304

• 307

• 308

• 309

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

• 6.06%

• 6.07%

• 6.08%

• 6.09%

At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?

• 6%

• 6.5%

• 7%

• 7.5%

The principal amount that becomes Rs. 4913 in 3 years at interest rate of 25/4% per annum when interest is compounded annually is:

• 4306

• 4396

• 4096

• 4809

At what percent annum will Rs. 3,000 amount to Rs. 3,993 in 3 years if the interest is compounded annually?

• 6%

• 10%

• 8%

• 12%

What is the difference between compound interest and simple interest on Rs. 5,000 for 2 years at 4 per cent per annum according as the interest is compounded yearly?

• Rs.2.04

• Rs.3.06

• Rs.4.80

• Rs.8.30

The difference between the compound interest and simple interest on certain sum at 10% per annum for 2 years is Rs. 631. What is the sum?

• 63100

• 56000

• 42160

• 68000

The simple interest on certain sum for 2 years is Rs.160 and compound interest at same rate of interest is Rs.168. What is the sum & Rate of interest?

• 11%

• 10%

• 8%

• 12.5%

A person lent out a certain sum on simple interest and the same sum on compound interest at a certain rate of interest per annum. He noticed that the ratio between the difference of compound interest and simple interest of 3 years and that of 2 years is 25 : 8. The rate of interest per annum is

• 11.5%

• 10%

• 8%

• 12.5%