What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly?

Related Mcqs:

1. A money lender borrows money at 4% P.a and pays interest at the end of the year. He lends it at 6% P.a compound interest compounded half-yearly and receives the interest at the end of the year. Thus be gains Rs 104.50 a year. The amount of money he borrows is_________?

   A. Rs 4500
   B. Rs 5000
   C. Rs 5500
   D. Rs 6000

2. 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

3. 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

4. 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

5. 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

6. 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

7. Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

   A. Rs. 16,500
   B. Rs. 16,525.50
   C. Rs. 16,537.50
   D. Rs. 18,150

8. 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

9. The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?

   A. Rs.3000
   B. Rs.3300
   C. Rs.3600
   D. Rs.3900

10. The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?

    A. Rs 6500
    B. Rs 6565
    C. Rs 65065
    D. Rs 65650