A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum?

Related Mcqs:

1. 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...

2. 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...

3. A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.

   A. Rs.2520 B. Rs.3120 C. Rs.3320 D. Rs.2760 E. None of these...

4. The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

   A. Rs.3502.80 B. Rs.3052.40 C. Rs.3054.8 D. Rs.3052.80 E. None of these...

5. The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?

   A. Rs.600 B. Rs.500 C. Rs.400 D. Rs.300...

6. The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?

   A. Rs.350 B. Rs.375 C. Rs. 380 D. Rs. 400...

7. 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...

8. A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?

   A. Rs.150 B. Rs.140 C. Rs.130 D. Data insufficient for the answer...

9. The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?

   A. Rs.12000 B. Rs.14200 C. Rs.17520 D. Rs.13500...

10. The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum.

    A. Rs.18000 B. Rs.17000 C. Rs.18500 D. Rs.17500 E. None of these....