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. 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
  • Rs 158.25

2. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

  • 4 years
  • 5 years
  • 6 years
  • 7 years

3. Effective annual rate of interest corresponding to nominal rate of 6% per annum compounded half yearly will be

  • 6.09%
  • 6.10%
  • 6.12%
  • 6.14%

4. 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

5. If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what will be the compound interest on same values

  • Rs.51.75
  • Rs 51.50
  • Rs 51.25
  • Rs 51
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