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Compound and Simple interest : 10.04.2024

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Question 1

How much amount will be received on a principal of ₹10,000 at the rate of 12% per annum, compounded annually for 2 years?

Question 2

A sum borrowed at compound interest rate of 7% per annum is paid in two annual installments of Rs. 57245 each. Accordingly, what was the principal?

Question 3

A sum of ₹3375 amounts to ₹4335 in 2 years at a certain rate percent per annum, interest compounded yearly. Find the rate of interest?

Question 4

A sum of Rs 46875 amounts to Rs. 59049 in 3 years at x% pa, interest being compounded yearly. What will be the simple interest (in Rs) on the same sum for 2 years at (x + 12) % pa?

Question 5

The amount obtained by investing a certain sum at r% p.a. for 3 years at simple interest is equal to the simple interest on the same sum at the same rate for 13 years. The value of r is:

Question 6

At what rate per cent per annum will 4,800 amount to 5,547 in two years if the interest is compounded annually?

Question 7

Simple and compound interest on a principle at a certain rate of interest for 2 years is Rs. 1400 and Rs. 1470 respectively. What is the principal (in Rs)?

Question 8

The difference between the compound and the simple interests on a certain sum of money for two years, at 5% per annum, is ₹ 1. The sum is:

Question 9

A sum of money becomes ₹6,400 in 2 years and ₹8,100 in 4 years on compound interest. Find the rate of compound interest

Question 10

A certain sum amounts to ₹291600 in 2 years and to ₹314928 in 3 years on compound interest compounded annually. Hou much will be the simple interest (in ₹) on ₹40000 at the same rate for 2 years?
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Apr 10SSC & Railway