Q. Anuj gave some money at simple interest. At the end of 5 years Anuj got back twice the original sum. What was the rate of interest per annum?
1) 20%
2) 2%
3) 10%
4) 5%
Q. If the difference between the Compound Interest compounded half yearly and simple interest on a sum at 10% per annum for one year is Rs. 25, the sum is -
1) Rs. 9000
2) Rs. 9500
3) Rs. 10,000
4) Rs. 10,500
Q. The difference between compound and simple interest at a certain rate on Rs. 2000 at the end of two years is Rs. 12.8. the rate of interest per annum is -
1) 6.8%
2) 8.8%
3) 12.8%
4) 0.25
Q. Find the difference between compound interest and simple interest on Rs. 100 at 5% in 2 years?
1) 1.25
2) 5
3) 10
4) 20
Q. The compound interest on a certain sum at 5% for 2 years is Rs. 441. The simple interest for that sum at the same rate and for the same period will be -
1) Rs. 430.24
2) Rs. 425
3) 428.70
4) Rs. 420.50
Q. The rate at which Rs. 25 will amount to Rs. 49 in 2 years at compound interest, will be -
1) 15%
2) 20%
3) 40%
4) 50%
Q. If Rs. 500 amounts to Rs. 583.20 in two years compound annually, the rate of interest per annum is -
1) 8%
2) 7%
3) 6%
4) 9%
Q. If a sum of money at simple interest doubles itself in 6 years, it will become four times in -
1) 14 years
2) 12 years
3) 18 years
4) 16 years
Q. A sum of money doubles in 3 years at compound interest, compounded annually. It will become 4 times of itself in -
1) 12 years
2) 9 years
3) 8 years
4) 6 years
Q. The rate at which a sum becomes four times of itself in 15 years at simple interest will be -
1) 26%
2) 20%
3) 15%
4) 18%
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