Q1. After how many years will Rs. 1600 become Rs. 2025 at 12.5% per annum compound interest?
|A. 2 years||B. 2.5 years|
|C. 3 years||D. 4 years|
Q2. Ramesh borrowed some money from Suresh at 5% per annum compound interest and paid Rs. 882 each in two annual instalments. What was the sum borrowed?
|A. Rs. 1620||B. Rs. 1680|
|C. Rs. 1650||D. Rs. 1640|
Q3. What sum will become Rs. 9261 at 5% per annum compound interest after 3 years?
|A. Rs. 9000||B. Rs. 8000|
|C. Rs. 6000||D. Rs. 7000|
Q4. At what rate of compound interest will Rs. 20000 becomes Rs. 24200 after 2 years?
|A. 8.5%||B. 9%|
|C. 9.5%||D. 10%|
Q5. The difference between compound interest and simple interest for 2 years at 10% per annum is Rs. 50. Find the sum
|A. Rs. 5300||B. Rs. 4900|
|C. Rs. 5000||D. Rs. 5200|
Q6. The population of a town is 80000. If the population increases annually at the rate of 75 per 1000, find the population of this town after 2 years?
|A. 92450||B. 90000|
|C. 91253||D. 93684|
Q7. The value of a car depreciates by 10% annually. If the present value of the car is Rs. 1,00,000, what will be its value after 2 years?
|A. Rs. 80000||B. Rs. 81000|
|C. Rs. 84300||D. Rs. 84000|