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CAPF || Elementary Mathematics || Compound Interest || Quiz

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Question 1

The difference of compound interest and simple interest of a sum of money at the rate of 5% per year for 2 years is Rs.250. The sum is

Question 2

Suppose a bank gives 10 % per annum interest compounded annually for a fixed deposit for a period of two years. What should be the simple interest rate per annum if the maturity amount after two years are same?

Question 3

A certain sum invested on compound interest (compounded annually) grows to 4725 in three years. If the rate of interest is 20% for the first year, 40% for the second and 50% for the third year, then what is the sum?

Question 4

A sum triples in ten years under compound interest at a certain rate of interest, the interest is being compounded annually. In how many years, it would become nine times?

Question 5

Ram invests 5000 in a bond which gives interest at 4% per annum during the first year, 5% during the second year and 10% during the third year. How much does he get at the end of third year ?
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