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Old 21-05-06, 02:10 PM   #1 (permalink)
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1. A sum of money lent(at
compound interest for 2 years at 20% per annum would fete: Rs. 482 more, if the
interest was payable half-yearly than if it was payable annual,. The sum is :


(a) Rs. 10,000


(b) Rs. 20,000


(c) Rs. 40,000


(d) Rs. 50,000


2. On a sum of money,
the simple interest for 2 years is Rs. 660, while the compound interest is Rs.
696.30, the rate of interest being the same in both the cases. The rate
of interest is :


(a) 10%


(b) 10.5%


(c) 12%


(d) None
of these


3
.The effective annual rate of interest corresponding to a nominal rate of 6%
per annual payable half-yearly is :


(a) 6.06%


(b) 6.07%


(c) 6.08%


(el) 6.09%


4
. Mr. Dua invested money in two schemes A and B offering compound interest @ 8
p.C.I1 "- and 9 p.c.p.a. respectively. If the total amount of interest
accrued through two scheme together in two years was Rs. 4818.30 and the total
amount invested was Rs. 27,000". what was the amount invested in Scheme A ?





(a) Rs. 12,000


(b) Rs. 13,500


(c) Rs. 15,000


(el) Cannot be determined


(e) None of these


5..
A sum of money invested at compound interest amounts to Rs. 800 in 3 year
and Rs. 840 in 4 years.
The rate of interest per annum is :




(a) 2
and half %


(b) 4%


(c) 5%

(d) 6 two / three %

Edited by: HELP
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