What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?

Related Mcqs:

1. 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

2. 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

3. What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?

   A. Rs.325
   B. Rs.545
   C. Rs.560
   D. Rs.550

4. 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 %

5. 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%

6. A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.

   A. Rs.500
   B. Rs.250
   C. Rs.5012.50
   D. Rs.5062.50
   E. None of these.

7. 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

8. 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

9. 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

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