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Simple & Compound Interest || 13.05.2020

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Question 1

Shekher purchases a track suit for Rs. 2400 cash or Rs. 1000 cash down payments and two monthly installments of Rs. 800 each. Find rate of simple interest.

Question 2

A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years at simple interest at the same rate of interest. He received Rs. 2200, in all from both of them as interest. The rate of interest per annum was

Question 3

A sum of money lent at simple Interest amounts to Rs. 880 in 2 years and to Rs. 920 in 3 years. The sum of money (in rupees) is

Question 4

What is the compound interest earned on Rs 80,000 at 40% per annum in 1 year compounded quarterly?

Question 5

Deepanshu lent Rs. 8400 to Jaipal for 15 years and Rs. 5100 to Kareem for 14 years on simple interest at the same rate of interest and received Rs. 17766 in all from both of them as interest. The rate of interest per annum is

Question 6

At what rate of compound interest per annum will a sum of Rs 50000 become Rs 73205 in 2 years?

Question 7

Katy took a loan of 1600$ with simple interest for as many years as the rate of interest. If she paid 256$ as interest at the end of the loan period, what was the rate of interest?

Question 8

A certain amount of money earns Rs.540 as Simple Interest in 3 years. If it earns a compound Interest of Rs.376.20 at the same rate of interest in 2 years, find the principal amount (in Rupees).

Question 9

The compound interest on `10000 in 2 yr at 4% per annum, the interest being compounded half-yearly is

Question 10

A sum becomes ₹2,916 in 2 years at 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be
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May 13SSC & Railway