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Simple & Compound Interest || 18.09.2022

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Question 1

A sum of Rs. 3200 invested at 10% per annum compounded quarterly amounts to Rs. 3362. Then, the time period is

Question 2

A sum fetched a total simple interest of Rs. 8100 at the rate of 6% per year in 9 years. What is the sum?

Question 3

Albert invested an amount of x rupees in a fixed deposit scheme offering 10% per annum for 1st year and 15% per annum for 2nd year and received an amount of Rs 20240 after the two years. What is x (in Rs)?

Question 4

What will be the amount on Rs 24000 at the rate of 35% per annum compounded yearly for 2 years?

Question 5

At what rate of compound interest per annum, will a sum of Rs 10000 become Rs 12321 in 2 years?

Question 6

What annual payment will discharge a debt of Rs. 580 in 5 years, the rate of simple interest being 8% p.a.?

Question 7

The simple interest on a sum for 5 years is 1/4 of the sum. The rate of interest per annum is

Question 8

If the difference between compound interest and simple interest for 2 years at the rate of 7% per annum is 23.03, then find the principal?

Question 9

If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 25088, and Rs 28098.56 respectively, what is the rate of interest?

Question 10

A sum of money is borrowed and paid back in two annual instalments of Rs 882 each allowing 5% compound interest. The sum borrowed is.
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Sep 18SSC & Railway