**A. 2**

B. 2 1/2

C. 3

D. 4

Explanation:

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Amount = (30000 + 4347) = Rs. 34347

Let the time be n years. Then,

30000(1 + 7/100)^{n} = 34347

= (107/100)^{n} = 34347/30000 = (107/100)^{2}

n = 2 years.

### Related Mcqs:

- 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 - 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 - Sehar gave Shazia Rs.1250 on compound interest for 2 years at 4% per annum. How much loss would Sehar has suffered had she given it to Shazia for 2 years at 4% per annum simple interest?
A. Rs.10

**B. Rs.2**

C. Rs.5

D. Rs.3 - 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 - Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is_________?
**A. Rs. 81.60**

B. Rs. 160

C. Rs. 1081.60

D. None of these - 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 - A deposited Rs 6000 in a bank at 5% Per annum simple interest. B deposited Rs 5000 at 8% P.a Compound interest. After 2 years the difference between their interest will be:_________?
A. Rs 230

**B. Rs 232**

C. Rs 600

D. Rs 832 - The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________?
A. 6%

B. 8%

C. 10%

**D. 12%** - A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. IN what ratio will the profit be shared at the end of 3 years?
A. 2:3:5

**B. 3:4:7**

C. 4:5:9

D. None of these - A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of 3 years?
A. 2 : 3 : 4

B. 3 : 2 : 4

C. 3: 2 : 1

**D. 3: 4 : 7**

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