The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:__________?

Related Mcqs:

1. Find the Compound Interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly?

   A. Rs. 1851
   B. Rs. 1941
   C. Rs. 1951
   D. Rs. 1961

2. Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?

   A. Rs.17684
   B. Rs.1684
   C. Rs.2522
   D. Rs.3408

3. Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?

   A. Rs.1261
   B. Rs.9261
   C. Rs.9621
   D. Rs.9162

4. 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

5. A and B start a business jointly. A invests Rs.16000 for 8 months and B remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B?

   A. Rs.10000
   B. Rs.12800
   C. Rs.6000
   D. Rs.8000

6. The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?

   A. Rs.3000
   B. Rs.3300
   C. Rs.3600
   D. Rs.3900

7. A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.

   A. Rs.2205
   B. Rs.2200
   C. Rs.2160
   D. Rs.2040

8. 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

9. An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes :_________?

   A. 10%
   B. 10.25%
   C. 10.50%
   D. None of these

10. A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?

    A. Rs 230
    B. Rs 232
    C. Rs 600
    D. Rs 832