download Mastguru Android App

Question Detail

A man saves Rs 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.

  • Rs 662
  • Rs 662.01
  • Rs 662.02
  • Rs 662.03
Similar Questions :

1. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years

  • 3%
  • 4%
  • 5%
  • 6%

2. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is

  • Rs 1650
  • Rs 1750
  • Rs 1850
  • Rs 1950

3. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 1. Find the sum

  • Rs 600
  • Rs 625
  • Rs 650
  • Rs 675

4. Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly

  • Rs 2520
  • Rs 2521
  • Rs 2522
  • Rs 2523

5. We need to divide Total Sum Rs. 3364 between Ram and Sham so that Ram's share at the end of 5 years may equal to Sham's share at the end of seven years with compound interest rate at 5 percent.

  • 1864 and 1500
  • 1764 and 1600
  • 1664 and 1700
  • 1564 and 1800
Read more from - Compound Interest Questions Answers
Post a comment