Compound Interest - Data Intensity 1 | Multiple Questions and Answers

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Compound Interest - Data Intensity 1 Multiple Questions and Answers.

16.	Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?

	A.	8% p.a.
	B.	6% p.a.
	C.	4% p.a.
	D.	5% p.a.

17.	Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)

	A.	Rs.4273
	B.	Rs.4613
	C.	Rs.4064
	D.	Rs.4266

18.	The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.

	A.	Rs.18,828.80
	B.	Rs.19,828.80
	C.	Rs.18,028.80
	D.	Rs.17,828.80

19.	What amount does Kiran get if he invests Rs.8000 at 10% p.compound interest for two years, compounding done annually?

	A.	Rs.9630
	B.	Rs.9680
	C.	Rs.9610
	D.	None of these

20.	Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?

	A.	Rs.460
	B.	Rs.5640
	C.	Rs.5460
	D.	Rs.5604

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