Compound interest

Karthik lends a certain amount to Vignesh on simple interest for two years at 20%. Vignesh gives this entire amount to Kamal on compound interest for two years at the same rate years on the annually. Find the percentage earning of Vignesh at the end of two years amount.

Karthik lends a certain amount to Vignesh on simple interest for two years at 20%. Vignesh gives this entire amount to Kamal on compound interest for two years at the same rate years on the annually. Find the percentage earning of Vignesh at the end of two years amount.
A. 3%
B. 3.5%
C.4%
D. 5.6%

Venkat and Vidhya have to clear their respective loans by paying 2 equal annual instalments of Tk.30000 each. Venkat pays at 10% pa of SI and Vidhyapays at 10% CI pa. What is the difference in their payments?

Venkat and Vidhya have to clear their respective loans by paying 2 equal annual instalments of Tk.30000 each. Venkat pays at 10% pa of SI and Vidhyapays at 10% CI pa. What is the difference in their payments?
A. 200
B. 300
C. 4000
D. 500

The difference between interest received by Vivek and Vimal is Tk.405 on Tk.4500 for 3 years. What is the difference in rate of interest?

The difference between interest received by Vivek and Vimal is Tk.405 on Tk.4500 for 3 years. What is the difference in rate of interest?
A. 1.5%
B. 2%
C. 3%
D. 2.7%

A sum of money lent at compound interest for 2 years at 20% per annum would fetch Tk.723 Te more, if the interest was payable half yearly than if it was payable annually. The sum is

A sum of money lent at compound interest for 2 years at 20% per annum would fetch Tk.723 Te more, if the interest was payable half yearly than if it was payable annually. The sum is
A. Tk.20000
B. Tk.15000
C. Tk.30000
D. Tk.45000

A sum of Tk. 8400 was taken as loan. This is to be paid in two equal annual installments. If en the rate of interest be 20% compounded annually, then the value of each installment is

A sum of Tk. 8400 was taken as loan. This is to be paid in two equal annual installments. If en the rate of interest be 20% compounded annually, then the value of each installment is
A. 5400
B. 5700
C. 5100
D. 5200

A man borrows 2000 Tks at 10% compound interest. At the end every year he pays rupees 1000 back. How much amount should he pay at the end of the third Year to clear all his debt?

A man borrows 2000 Tks at 10% compound interest. At the end every year he pays rupees 1000 back. How much amount should he pay at the end of the third Year to clear all his debt?
A. 252
B. 352
C.452
D. 552

A sum of Tk. 3200 is compounded annually at the rate of 10 paisa per rupee per annum. Find the compound interest payable after 2 years.

A sum of Tk. 3200 is compounded annually at the rate of 10 paisa per rupee per annum. Find the compound interest payable after 2 years.
A. 200
B. 842
C. 672
D. 832

A sum of money invested at CI to Tk.800 in 3 years and to Tk.840 in 4 years.Find rate of interest PA?

A sum of money invested at CI to Tk.800 in 3 years and to Tk.840 in 4 years.Find rate of interest PA?
A. 6%
B. 5%
C.4%
D. 2%

If a sum on compound interest becomes three times in 4 years, then with the same interest rate, the sum will become 27 times in:

If a sum on compound interest becomes three times in 4 years, then with the same interest rate, the sum will become 27 times in:
A. 8 years
B. 12 years
C. 24 years
D. 36 years

Manoj borrowed a certain sum from Anuj at a certain rate of simple interest for 2 years. He lent this sum to Rakesh at the same rate of interest compounded annually for the same period. At the end of two years, he received Tk. 4200 as compound interest but paid Tk. 4000 only as simple interest. Find the rate of interest?

Manoj borrowed a certain sum from Anuj at a certain rate of simple interest for 2 years. He lent this sum to Rakesh at the same rate of interest compounded annually for the same period. At the end of two years, he received Tk. 4200 as compound interest but paid Tk. 4000 only as simple interest. Find the rate of interest?
A. 10%
B. 20%
C. 25%
D. 30%

A sum of money amount to Tk.900 in 3 yrs and Tk. 1080 in 4yrs at CI. What is the rate of CI pa ?

A sum of money amount to Tk.900 in 3 yrs and Tk. 1080 in 4yrs at CI. What is the rate of CI pa ?
A. 10%
B. 15%
C. 20%
D. 18%

Aswin invested an amount of Tk.9000 in a fixed deposit scheme for 2 years at CI rate 6% pa. How much amount will Aswin get on maturity of the fixed amount ?

Aswin invested an amount of Tk.9000 in a fixed deposit scheme for 2 years at CI rate 6% pa. How much amount will Aswin get on maturity of the fixed amount ?
A.Tk. 11,230
B. Tk. 10,250
C. Tk. 10,112
D. None

Tk.5200 was partly invested in Scheme A at 10% pa CI for 2 years and Partly invested in Scheme B at 10% pa SI for 4 years. Both the schemes earn equal interests. How much was invested in Scheme A ?

Tk.5200 was partly invested in Scheme A at 10% pa CI for 2 years and Partly invested in Scheme B at 10% pa SI for 4 years. Both the schemes earn equal interests. How much was invested in Scheme A ?
A.Tk. 1790
B. Tk. 2200
C. Tk. 3410
D. Tk. 2670

The CI on Tk.7000 for 3 years at 5% for first year, 7% for second year, 10% for the third year will be?

The CI on Tk.7000 for 3 years at 5% for first year, 7% for second year, 10% for the third year will be?
A.Tk. 1800
B. Tk. 1530
C. Tk. 1651
D. Tk. 2050

Poorni and Priyanka have to clear their respective loans by paying 2 equal annual instalments of Tk.20000 each. Poorni pays at 10% pa of SI and Priyanka pays at 10% CI pa. What is the difference in their payments?

Poorni and Priyanka have to clear their respective loans by paying 2 equal annual instalments of Tk.20000 each. Poorni pays at 10% pa of SI and Priyanka pays at 10% CI pa. What is the difference in their payments?
A. 200
B. 300
C. 400
D. 500

At CI, if a certain sum of money is doubled in 4 years, then the amount will be four fold in how many years?

At CI, if a certain sum of money is doubled in 4 years, then the amount will be four fold in how many years?
A. 7years
B. 4years
C. 10years
D. 8years

On a certain sum of money, after 2 years the simple interest and compound interest obtained are Tk. 800 and Tk. 960 respectively. What is the sum of money invested?

On a certain sum of money, after 2 years the simple interest and compound interest obtained are Tk. 800 and Tk. 960 respectively. What is the sum of money invested?
A. Tk. 1420
B. Tk. 1420
C. Tk. 1000
D. Tk. 1405

Find the least number of years in which the sum put at 25% rate of interest will be more than doubled.

Find the least number of years in which the sum put at 25% rate of interest will be more than doubled.
A. 2 years
B. 3 years
C. 4 years
D. 5 years

The simple interest on a certain sum of money for 4 years at 15 percent per annum is 600. Find the compound interest in the same sum at 10 percent interest for 2 years

The simple interest on a certain sum of money for 4 years at 15 percent per annum is 600. Find the compound interest in the same sum at 10 percent interest for 2 years
A. 220
B. 200
C. 210
D. 120

A sum of Tk. 4420 is to be divided between rakesh and prakash in such a way that after 5 years and 7 years respectively the amount they get is equal. The rate of interest is 10 percent. Find the share of rakesh and prakash

A sum of Tk. 4420 is to be divided between rakesh and prakash in such a way that after 5 years and 7 years respectively the amount they get is equal. The rate of interest is 10 percent. Find the share of rakesh and prakash
A. 2000, 2420
B. 2420, 2000
C. 2480, 24201
D.. 2210, 2210

If the difference between the CI and SI on a sum of money at 5% per annum for 2 years is

If the difference between the CI and SI on a sum of money at 5% per annum for 2 years is
A. 180
B. 460
B. 2.5
D. 640

The difference SI and CI on Tk. 1000 for 1 year at 10% per annum reckoned Half yearly is

The difference SI and CI on Tk. 1000 for 1 year at 10% per annum reckoned Half yearly is
A. 2
B.2.5
C. 3
D. 2.4