Compound Interest - Data Intensity 2 | Multiple Questions and Answers

Join Us :: Register Login

Home Classes GK Engineering Past Papers Current Affairs Technical GAT Subject Programming Medical Papers

728by90ad

Compound Interest - Data Intensity 2 Multiple Questions and Answers.

1.	If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be___?

	A.	Rs 1575.20
	B.	Rs 1600
	C.	Rs 1625.80
	D.	Rs 2000

2.	A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest?

	A.	7 years
	B.	10 years
	C.	15 years
	D.	20 years

3.	The difference between compound interest and simple interest on a sum for 2 years at 8% P.a is Rs 786. The sum is:__?

	A.	Rs 100000
	B.	Rs 11000
	C.	Rs 120000
	D.	Rs 170000

4.	If the interest is payable annually than the principal on which the compound interest for 3 years at 10% P.a is Rs 33/- is given by:____?

	A.	Rs 900
	B.	Rs 1000
	C.	Rs 1050
	D.	Rs 1100

5.	The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:___?

	A.	Rs 2518
	B.	Rs 2520
	C.	Rs 2522
	D.	Rs 2524

Read More :

» Compound Interest - Data Intensity 1

» Compound Interest - Data Intensity 2

Date to Date Current Affairs 2022

PakMCQs.net

Quick Links

GAT Subject

Computer Science English Mcqs Agriculture

Engineering

Computer Science Civil Engineering

Technical

Networking Electronics Database

Past Papers

Model Papers FPSC Papers