Compound Interest - Data Intensity 2 Multiple Questions and Answers.




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

12.A sum amounts to Rs. 2916 in 2 years and to Rs.3149.28 in 3 years at compound Interest. The sum is__?
A. Rs.1500
B. Rs.2000
C. Rs.2500
D. Rs.3000

13.A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is___?
A. 5%
B. 10%
C. 15%
D. 20%

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%

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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