Compound Interest - Data Intensity 2 Multiple Questions and Answers.




41.A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?
A. 16
B. 8
C. 12
D. 20

42.The sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?
A. 18
B. 12
C. 9
D. 6

43.The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?
A. 4%
B. 5%
C. 6%
D. 8%

44.Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?
A. Rs.81.60
B. Rs.160
C. Rs.1081.60
D. Rs.99

45.Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?
A. Rs.17684
B. Rs.1684
C. Rs.2522
D. Rs.3408

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