Compound Interest Questions

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  1. The compound interest on ₹10,000 in 2years at 4

Answer is a

 

2. In how many years will ₹2000 amounts to ₹2420 at 10

Answer is d

 

3. The compound interest on ₹16,000 for 9 months at 20

Answer is d

 

4. If the rate of interest be 4

Answer is d

 

5. A sum of money on compound interest amounts to ₹10648 in 3 years and ₹9680 in 2 years. The rate of interest per annum is

  1. 10

Answer is a

 
   

Read More: Compound Interest Concepts

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