Compound Interest - Data Intensity 1 | Multiple Questions and Answers

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Compound Interest - Data Intensity 1 Multiple Questions and Answers.

26.	Sehar gave Shazia Rs.1250 on compound interest for 2 years at 4% per annum. How much loss would Sehar has suffered had she given it to Shazia for 2 years at 4% per annum simple interest?

	A.	Rs.10
	B.	Rs.2
	C.	Rs.5
	D.	Rs.3

27.	Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid Rs.2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?

	A.	Rs.635.50
	B.	Rs.613.50
	C.	Rs.675.50
	D.	Rs.653.50

28.	Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000?

	A.	Rs.81000
	B.	Rs.80000
	C.	Rs.75000
	D.	Rs.64000

29.	Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?

	A.	Rs.1261
	B.	Rs.9261
	C.	Rs.9621
	D.	Rs.9162

30.	What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?

	A.	Rs.8000
	B.	Rs.8400
	C.	Rs.7500
	D.	None

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