What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?

Related Mcqs:

1. A, B and C enter into partnership. A invests some money at the beginning, B invests double the amount after 6 months, and C invests thrice the amount after 8 months. If the annual gain be Rs.18000. A’s share is?

   A. Rs.7500
   B. Rs.7200
   C. Rs.6000
   D. Rs.5750

2. 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

3. In what ratio should the profit of Rs.8000 be divided if X starts a business with an investment of Rs. 20000, Y invests Rs.7500 for 4 months and Z invests Rs.15000 after 3 months from the start of the business.

   A. 16 : 2 : 3
   B. 8 : 3 : 6
   C. 16 : 2 : 9
   D. 6 : 9 : 1

4. The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.

   A. Rs.18,828.80
   B. Rs.19,828.80
   C. Rs.18,028.80
   D. Rs.17,828.80
   E. None of these

5. A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.

   A. Rs.2520
   B. Rs.3120
   C. Rs.3320
   D. Rs.2760
   E. None of these

6. 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

7. The difference between compound interest and simple interest on Rs 8000 at 5% P.a for 3 years is_________?

   A. Rs 50
   B. Rs 60
   C. Rs 61
   D. Rs 600

8. Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

   A. Rs.1261
   B. Rs.1440
   C. Rs.1185
   D. Rs.1346

9. Shohaib invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Shohaib get on maturity of the fixed deposit?

   A. Rs. 8600
   B. Rs. 8620
   C. Rs. 8800
   D. Rs. 8840
   E. None of these

10. 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