Mathematics quiz on Simple Interest and Compound Interest (19-03-2021)

The compound interest on a sum of money for 2 years is 609 and the simple interest on the same sum for the same period is ₹ 600, find the difference between the compound interest and the simple interest for 3 years.

Anupam invests Rs.50000 in a bond which gives compound interest at 3% per annum during the first year, 5% during the second year and 8% during the third year. How much amount does he get at the end of the third year?

On a certain sum the compound interest for 2 years is rupees 1150, if the interest for the successive years is 4% and 5% per year. Then find the sum.

The compound interest on a sum of money for 2 years is rupees 500 and simple interest on the same sum for same period and at the same rate is rupees 450, find the rate of interest.

A certain sum amount to ₹ 5460 in 2 years and ₹ 6006 in 3 years at compound interest then find the rate.

Find the compound interest on rupees 12000 at 16% per annum for 9 months compounded quarterly.

A sum of money triple itself at compounded interest in 12 years. In how many years will it becomes twenty-seven times?

A man deposited ₹ 1250 in a bank. In return he got ₹ 1458. Bank gave interest 8% p.a. How long did he keep the money in the bank?

Mohan borrowed rupees 20000 at 8% per annum simple interest. He immediately invested this money at 5% per annum at the interest compounded half yearly. Calculate Mohan’s gain in 18 months.

The present population of a village is 24375. It is increasing at the rate of 4% every year. What is the increase in population in next 2 years?