A

Alok deposits Rs.5000 in his bank account for 5 years to earn an interest of 12%. What amount will he get after 5 years ?

August 18, 2021

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August 18, 2021

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Answer : D . 8000

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The simple interest earned on a certain amount is double the amount when invested for 10 years. What is the interest rate being offered ?

August 18, 2021

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August 18, 2021

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Answer : B. 20%

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I

If the simple interest on a certain sum of money is 4/25 of the sum and the rate percent equals the number years, then the rate of interest per annum is ?

August 18, 2021

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August 18, 2021

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Answer : A. 4 %…

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A

A certain sum of money amounts to Rs.1300 in 2 years and to Rs. 1525 in 3.5 years. Find the sum and the rate of interest ?

August 18, 2021

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August 18, 2021

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Answer : D. Rs 1000, 15%…

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V

Vijay invested Rs.50,000 partly at 10% and partly at 15%. His total income after a year was Rs.7000. How much did he invest at the rate of 10% ?

August 17, 2021

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August 17, 2021

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Answer : A. 40,000…

Compound Interest

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