Compound Interest - Data Intensity 2 | Multiple Questions and Answers

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Compound Interest - Data Intensity 2 Multiple Questions and Answers.

36.	The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is________?

	A.	Rs. 2.50
	B.	Rs. 3
	C.	Rs. 3.75
	D.	Rs. 4

37.	What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?

	A.	Rs. 31
	B.	Rs. 32.10
	C.	Rs. 40.40
	D.	Rs. 64.10

38.	If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the rate and for the same time?

	A.	Rs. 51.25
	B.	Rs. 52
	C.	Rs. 54.25
	D.	Rs. 60

39.	Find the Compound Interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly?

	A.	Rs. 1851
	B.	Rs. 1941
	C.	Rs. 1951
	D.	Rs. 1961

40.	What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

	A.	Rs. 2.04
	B.	Rs. 3.06
	C.	Rs. 4.80
	D.	Rs. 8.30

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