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What will be the difference between simple and compound interest @ 10% per annum on the sum of Rs 1000 after 4 years

  • Rs 62.10
  • Rs 63.10
  • Rs 64.10
  • Rs 65.10
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1. 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.

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  • 1764 and 1600
  • 1664 and 1700
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2. The present worth of Rs.169 due in 2 years at 4% per annum compound interest is

  • Rs 155.25
  • Rs 156.25
  • Rs 157.25
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3. Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.

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4. On a sum of money, simple interest for 2 years is Rs 660 and compound interest is Rs 696.30, the rate of interest being the same in both cases.

  • 8%
  • 9%
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  • 11%

5. 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
Read more from - Compound Interest Questions Answers
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