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Compound Interest - Data Intensity 2 Multiple Questions and Answers.
| 16. | The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______? | ||
| A. | Rs.600 | ||
| B. | Rs.500 | ||
| C. | Rs.400 | ||
| D. | Rs.300 | ||
| 17. | What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum? | ||
| A. | Rs. 1000 | ||
| B. | Rs. 1200 | ||
| C. | Rs. 1320 | ||
| D. | None of these | ||
| 18. | Rs. 800 at 5 % Per annum compound interest will amount to Rs. 882 in________? | ||
| A. | 1 Year | ||
| B. | 2 years | ||
| C. | 3 Years | ||
| D. | 4 Years | ||
| 19. | Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is___? | ||
| A. | Rs. 81.60 | ||
| B. | Rs. 160 | ||
| C. | Rs. 1081.60 | ||
| D. | None of these | ||
| 20. | If Rs. 7500 are borrowed at I at the rate of 4 % per annum then after 2 years, the amount to be paid is__? | ||
| A. | Rs. 8082 | ||
| B. | Rs. 7800 | ||
| C. | Rs. 8100 | ||
| D. | Rs. 8112 | ||
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