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Recent questions tagged compound-interest

0 votes
1 answer
1
Sourabh borrows rs 25,00,000 at 12% compound interest from a bank and invests in shares. The investment gives him a return of 20% per annum and he repays rs 5,00,000 at the end of first year. How much does he make for himself after paying all the outstanding amount at the end of the second year? a 424000 b 356241.50 c 525000 d 484241.80
asked Apr 5, 2020 in Quantitative Aptitude Pratyush Priyam Kuan 20 points 2 2 4 739 views
0 votes
1 answer
2
The difference between simple interest and compound interest on a sum for $2$ years at $8\%$, when the interest is compounded annually is ₹ $16$. If the interest were compounded half-yearly, the difference in $2$ years would be nearly : ₹ $16$ ₹ $16.80$ ₹ $21.85$ ₹ $24.64$
asked Apr 3, 2020 in Quantitative Aptitude Lakshman Patel RJIT 10.8k points 130 744 841 225 views
0 votes
1 answer
3
A sum of money amounts to $₹6,690$ after $3$ years and to $₹10,035$ after $6$ years on compound interest. The sum is: $₹4,400$ $₹4,460$ $₹4,520$ $₹4,445$
asked Apr 1, 2020 in Quantitative Aptitude Lakshman Patel RJIT 10.8k points 130 744 841 192 views
1 vote
1 answer
4
The difference between the compound interest and the simple interest earned at the end of $3^{rd}$ year on a sum of money at a rate of $10\%$ per annum is Rs. $77.5.$ What is the sum? Rs. $3,500$ Rs. $2,500$ Rs. $3,000$ Rs. $2,000$
asked Apr 1, 2020 in Quantitative Aptitude Lakshman Patel RJIT 10.8k points 130 744 841 602 views
0 votes
1 answer
5
Anand invested $₹8,000$ as a fixed deposit scheme for $2$ years at compound interest rate $5\%$ p.a. How much amount will Anand get on maturity of the fixed deposit? $₹8,600$ $₹8,620$ $₹8,820$ None of the options
asked Mar 31, 2020 in Quantitative Aptitude Lakshman Patel RJIT 10.8k points 130 744 841 415 views
1 vote
1 answer
6
The difference between simple and compound interests compounded annually on a certain sum of money for $2$ years at $4\%$ per annum is Re. $1$. The sum (in Rs.) is $625$ $630$ $640$ $650$
asked Mar 30, 2020 in Quantitative Aptitude Lakshman Patel RJIT 10.8k points 130 744 841 984 views
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