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Simple Interest/Compound interest
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Question 1
The compound interest on ₹ 30,000 at 7% per annum for a certain time is ₹ 4,347. The time is
Question 2
A sum was lent at simple interest at a certain rate for 2 years. Had it been lent at 3% more rate, it would have fetched Rs. 300 more. The original sum of money was:
Question 3
A man saves Rs. 2000 at the end of each year and invests the money at 5% compound interest. What amount he will have in hand at the end of 3 years ?
Question 4
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
Question 5
In how many years will a sum of money double itself at 12% per annum at simple interest?
Question 6
The compound interest on a certain sum for two successive years are Rs. 225 and Rs. 238.50. The rate of interest per annum is :
Question 7
On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is Rs.180. If the rate of interest in both the cases is 10%, then the sum is
Question 8
John invested a sum of money at an annual simple interest rate of 10%. At the end of four years, the amount invested plus interest earned was Rs 770. The amount invested was how much?
Question 9
The compound interest on 6,400 for 2 years at 7.5% per annum is (in Rs)
Question 10
On what sum of money will the difference between the simple interest and the compound interest for 2 years at 8% per annum be equal to ` 8?
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Dec 11MPPSC