The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

Related Mcqs:

1. 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

2. 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

3. 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

4. The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is________?

   A. Rs. 2.50
   B. Rs. 3
   C. Rs. 3.75
   D. Rs. 4

5. The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:________?

   A. Rs. 2.50
   B. Rs. 3
   C. Rs. 3.75
   D. Rs. 4

6. What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

   A. Rs. 2.04
   B. Rs. 3.06
   C. Rs. 4.80
   D. Rs. 8.30

7. 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

8. What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum ?

   A. Rs. 112
   B. Rs. 118.80
   C. Rs. 120
   D. Rs. 122

9. A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.

   A. Rs.4000
   B. Rs.1000
   C. Rs.1250
   D. Rs.2000

10. How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?

    A. Rs.482
    B. Rs.424
    C. Rs.842
    D. Rs.512