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Compound Interest

Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?

Compound Interest, Mathematics Mcqs /
Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?

A. 4 years
B. 6 years
C. 2 years
D. 3 years
Explanation:
9261 = 8000(21/20)N
(21/20)3 = (21/20)N => N = 3

Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time? Read More »

Compound Interest, Mathematics Mcqs

If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______?

Compound Interest, Mathematics Mcqs /
If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______?

A. Rs.8082
B. Rs.7800
C. Rs.8100
D. Rs.8112
Explanation:
A = 7500(26/25)2 = 8112

If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______? Read More »

Compound Interest, Mathematics Mcqs

Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

Compound Interest, Mathematics Mcqs /
Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

A. Rs.1261
B. Rs.1440
C. Rs.1185
D. Rs.1346
Explanation:
A = 8000(21/20)3
= 9261
= 8000
———
1261

Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly? Read More »

Compound Interest, Mathematics Mcqs