Compound Interest - Data Intensity 2 Multiple Questions and Answers.
Exercise Questions ::
Compound Interest
11. A sum of money becomes Rs.6690 after three years and Rs.10.035 after six years on compound interest. The sum is____?
A. Rs.4400 B. Rs.4445 C. Rs.4460 D. Rs.4520
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14. The difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is?
A. 10% B. 12% C. 6% D. 8%
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15. The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?
A. Rs.350 B. Rs.375 C. Rs. 380 D. Rs. 400
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