91). At what rate % p.a. of simple interest will a sum of money double in 6 years?
| A). 0.18 |
| B). 0.2 |
| C). 0.19 |
| D). 0.1667 |
|
92). One-third of a sum of money was invested at 8%, one-fifth of it was invested in 12% and the balance at 10% p.a. simple interest. if the simple interest for 2 years from all these three investments amounts to Rs.584. how much was the principal that was invested?
| A). Rs.3000 |
| B). Rs.4000 |
| C). Rs.6000 |
| D). Rs.10000 |
|
93). A father left a will of Rs.35 mn between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 mn has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will?
| A). 18 mn |
| B). 21 mn |
| C). 12 mn |
| D). 9 mn |
|
94). How much will Rs.5000 amount to in 2 years at 12% p.a. compound interest?
| A). Rs.5832 |
| B). Rs.6050 |
| C). Rs.6272 |
| D). Rs.6928 |
|
95). What is the compound interest on Rs.2400 for 3 years if the rate of interest is 10% p.a.?
| A). Rs.924 |
| B). Rs.844 |
| C). Rs.792 |
| D). Rs.794.4 |
|
96). What sum of money invested at 20% p.a compound interest will amount to Rs.1728 at the end of two years?
| A). Rs.1200 |
| B). Rs.1600 |
| C). Rs.1800 |
| D). Rs.2000 |
|
97). The difference between the simple interest and compound interest on a certain sum of money invested at 6% p.a for 2 years amounts to Rs.18. What was the original sum of money invested?
| A). Rs.5000 |
| B). Rs.6000 |
| C). Rs.8000 |
| D). Rs.10000 |
|
98). The simple interest on a certain sum of money invested at a certain rate of interest for 2 years amounts to Rs.800. The compound interest on the same sum of money invested at the same rate of interest p.a. for 2 years amounts to Rs.808. What was the principal invested and what was the rate of Interest?
| A). Rs.40000 at 1% |
| B). Rs.20000 at 2% |
| C). Rs.60000 at 3% |
| D). Rs.80000 at 4% |
|
99). What is the compound interest on Rs.3000 @ 12% p.a. for 9 months, if interest is compounded quarterly?
| A). Rs.274 |
| B). Rs.272 |
| C). Rs.278.18 |
| D). Rs.278 |
|
100). A certain sum of money invested in compound interest grows to 1.77 times in two years. If the sum were invested in simple interest how long will it take for the sum of money to treble?
| A). 12 Years |
| B). 9 Years |
| C). 10 Years |
| D). 6 Years |
|
