The difference between simple interest and compound interest on Rs.1200 for one year at 10% per annum reckoned half-yearly is:
Rs. 2.50
Rs. 3
Rs. 3.75
Rs. 4
None of these
Additional Questions
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A sum of money lent at compound interest for 2 years at 20% per annum would fetch Rs. 482 more, if the interest was payable half-yearly than if it was payable annually. The sum is: |
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The simple interest on Rs. 10 for 4 months at the rate of 3 paise per rupee per month is: |
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If the compound interest on a sum for 2 years at 25/2 % per annum is Rs. 510, the simple interest on the same sum at the same rate for the same period of time is: |
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I started on my bicycle at 7 a.m. to reach a certain place. After going a certain distance, my bicycle went out of order. Consequently, I rested for 35 minutes and came back to my house walking all the way. I reached my house at 1 p.m. If my cycling s |
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A bag contains 10-paisa, 20-paisa and 25-paisa coins in the ratio 7:4:3. If the total value is Rs. 90, the number of 25-paisa coins in the bag is: |
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Find a whole number such that when one of its digit is erased, the resulting number is equal to one-ninth of the original number. The resulting number is also a multiple of 9. |
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A ship is moving at a speed of 30 kmph. To know the depth of the ocean beneath it, it sends a radiowave which travels at a speed 200 m/s. The ship receives back the signal after it has moved 500 m. What is the depth of the ocean? |
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In a town the population grows at a simple rate of 10% in a decade and compounds from decade to decade. Find the population at the beginning of the 1970s if the population at the beginning of the 1990s is 3,63,000 people. |
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In approximately how many years will a certain sum of money triple itself at 22% simple interest? |
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3 |
Answer |