Compound Interest - Data Intensity 2 | Multiple Questions and Answers

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Compound Interest - Data Intensity 2 Multiple Questions and Answers.

6.	How much would a sum of Rs 16000 approximately amount to in 2 years at 10% P.a compounded half-yearly?

	A.	Rs 17423
	B.	Rs 18973
	C.	Rs 19448
	D.	Rs 19880

7.	What will be the compound interest on Rs 25000 after 3 years at 12% Per annum?

	A.	Rs 9000.30
	B.	Rs 9720
	C.	Rs 10123.20
	D.	None of these

8.	A deposited Rs 6000 in a bank at 5% Per annum simple interest. B deposited Rs 5000 at 8% P.a Compound interest. After 2 years the difference between their interest will be:___?

	A.	Rs 230
	B.	Rs 232
	C.	Rs 600
	D.	Rs 832

9.	The difference between compound interest and simple interest on Rs 8000 at 5% P.a for 3 years is_?

	A.	Rs 50
	B.	Rs 60
	C.	Rs 61
	D.	Rs 600

10.	The difference between the simple interest and the compound interest on Rs 5000 at 10% P.a for 3 years is:___?

	A.	Rs 145
	B.	Rs 150
	C.	Rs 165
	D.	None of these

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