A. Rs.20043.94
B. Rs.18654.81
C. Rs.20264.46
D. Rs.19612.41
E. None of these
Explanation:
Let the rate of interest be R% p.a.
(49500)(3)(R)/100 = 17820
495R = 5940
R = 12
CI on Rs.49500 at 12% p.a. for three years
= 49500{[1 + 12/100]3 – 1} = 69543.936 – 49500 = Rs.20043.94
when rounded off to two decimal places.
Related Mcqs:
- The compound interest accrued on an amount of Rs.44000 at the end of two years is Rs.1193.60. What would be the simple interest accrued on the same amount at the same rate in the same period?
A. Rs.10,840
B. Rs.10,720
C. Rs.10,560
D. Rs.10,280
E. None of these. - Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)
A. Rs.4273
B. Rs.4613
C. Rs.4064
D. Rs.4266
E. None of these - 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 - The average height of 35 boys in a class was calculated as 180cm. It has later found that the height of one of the boys in the class was wrongly written as 166 cm whereas his actual height was 106 cm. Find the actual average height of the boys in the class (Round off your answer to two decimal places)?
A. 179.29 cm
B. 178.29 cm
C. 179.38 cm
D. 178.39 cm - The parameter of a square is equal to the perimeter of a rectangle of length 16 cm and breadth 14 cm. Find the circumference of a semicircle whose diameter is equal to the side of the square. (Round off your answer to two decimal places)?
A. 23.57 cm
B. 47.14 cm
C. 84.92 cm
D. 94.94 cm - 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 - 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 - 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 - 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 - 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