Shohaib invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Shohaib get on maturity of the fixed deposit?

Related Mcqs:

1. 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

2. 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

3. 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

4. Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?

   A. 8% p.a.
   B. 6% p.a.
   C. 4% p.a.
   D. 5% p.a.
   E. None of these

5. The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.

   A. Rs.18,828.80
   B. Rs.19,828.80
   C. Rs.18,028.80
   D. Rs.17,828.80
   E. None of these

6. Kashif and Nadeem jointly started a business. Kashif invested three times as Nadeem did and invested his money for double time as compared to Nadeem. Nadeem earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was?

   A. Rs.16000
   B. Rs.20000
   C. Rs.24000
   D. Rs.28000

7. 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

8. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

   A. 8
   B. 10
   C. 12
   D. Cannot be determined

9. 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

10. What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?

    A. 1875/2029
    B. 1/2.5
    C. 1903/2156
    D. 4/9