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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
Similar Questions :

1. 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%

2. A sum of money invested at compound interest to Rs. 800 in 3 years and to Rs 840 in 4 years. The rate on interest per annum is.

  • 4%
  • 5%
  • 6%
  • 7%

3. 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

4. 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

5. Find the compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.

  • Rs. 610
  • Rs. 612
  • Rs. 614
  • Rs. 616
Read more from - Compound Interest Questions Answers
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