Compound Interest - Data Intensity 1 | Multiple Questions and Answers

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Compound Interest - Data Intensity 1 Multiple Questions and Answers.

36.	Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?

	A.	6 years
	B.	1 year
	C.	2 years
	D.	4 years

37.	A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?

	A.	Rs.25600.24
	B.	Rs.32000.50
	C.	Rs.18060.36
	D.	Rs.18600

38.	Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?

	A.	Rs.420
	B.	Rs.400
	C.	Rs.375
	D.	Rs.380

39.	A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?

	A.	15%
	B.	10%
	C.	7.50%
	D.	8%

40.	What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?

	A.	1875/2029
	B.	1/2.5
	C.	1903/2156
	D.	9-Apr

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