Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

Related Mcqs:

1. A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?

   A. Rs 4500
   B. Rs 5000
   C. Rs 5500
   D. Rs 6000

2. If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?

   A. Rs 1575.20
   B. Rs 1600
   C. Rs 1625.80
   D. Rs 2000

3. What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

   A. Rs. 2.04
   B. Rs. 3.06
   C. Rs. 4.80
   D. Rs. 8.30

4. An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?

   A. 7401.22
   B. 3456
   C. 4567
   D. 7890

5. What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?

   A. Rs.140
   B. Rs.120
   C. Rs.130
   D. Rs.110
   E. None of these.

6. A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is equal to one-fifth of the second sum. The total sum invested was :

   A. Rs.3100
   B. Rs.2700
   C. Rs.2200
   D. Rs.1800

7. 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:_______?

   A. Rs. 1550
   B. Rs. 1650
   C. Rs. 1750
   D. Rs. 2000

8. Mr. Tassawar Javed invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

   A. Rs. 6400
   B. Rs. 6500
   C. Rs. 7200
   D. Rs. 7500

9. Rs.1200 divided among P, Q and R. P gets half of the total amount received by Q and R. Q gets one-third of the total amount received by P and R. Find the amount received by R?

   A. Rs.400
   B. Rs.500
   C. Rs.300
   D. Rs.600
   E. None of these

10. A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.

    A. Rs.4000
    B. Rs.1000
    C. Rs.1250
    D. Rs.2000