The difference between simple interest and C.I. at the same rate for Rs.5000 for 2 years in Rs.72. The rate of interest is?

Related Mcqs:

1. The difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is?

   A. 10 %
   B. 12 %
   C. 6 %
   D. 8 %

2. 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%

3. 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

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. 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

6. Rs. 6000 is lent out in two parts. One part is lent at 7% p.a simple interest and the other is lent at 10% p.a simple interest. The total interest at the end of one year was Rs. 450. Find the ratio of the amounts lent at the lower rate and higher rate of interest?

   A. 5 : 1
   B. 4 : 1
   C. 3 : 2
   D. 2 : 1

7. The difference between the simple interest and the compound interest on Rs 5000 at 10% P.a for 3 years is:_______?

   A. Rs 145
   B. Rs 150
   C. Rs 165
   D. Rs 180
   E. None of these

8. 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

9. 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

10. Nabeela took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?

    A. 3.6
    B. 6
    C. 18
    D. Cannot be determined