Compound Interest - Data Intensity 1 | Multiple Questions and Answers

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Compound Interest - Data Intensity 1 Multiple Questions and Answers.

6.	Rayan invested certain amount for two rates of simple interests at 6% p.and 7% p.What is the ratio of Rayan’s investments if the interests from those investments are equal?

	A.	4:03
	B.	3:02
	C.	6:05
	D.	7:06

7.	The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

	A.	Rs.3502.80
	B.	Rs.3052.40
	C.	Rs.3054.8
	D.	Rs.3052.80

8.	What is the difference between the compound interest on Rs.12000 at 20% p.for one year when compounded yearly and half yearly?

	A.	Rs.140
	B.	Rs.120
	C.	Rs.130
	D.	Rs.110

9.	The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum.

	A.	Rs.18000
	B.	Rs.17000
	C.	Rs.18500
	D.	Rs.17500

10.	A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.Find the sum?

	A.	Rs.7500
	B.	Rs.7000
	C.	Rs.8000
	D.	Rs.6500

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