A. Rs. 31
B. Rs. 32.10
C. Rs. 40.40
D. Rs. 64.10
Explanation:
S.I. = (1000 * 10 * 4)/100 = Rs. 400
C.I. = [1000 * (1 + 10/100)4 – 1000] = Rs. 464.10 Difference = (464.10 – 400) = Rs. 64.10
Related Mcqs:
- 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 - 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 - The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is Rs. 1.50. The sum is_______?
A. Rs.600
B. Rs.500
C. Rs.400
D. Rs.300 - 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 - 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 - 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 - A deposited Rs 6000 in a bank at 5% Per annum simple interest. B deposited Rs 5000 at 8% P.a Compound interest. After 2 years the difference between their interest will be:_________?
A. Rs 230
B. Rs 232
C. Rs 600
D. Rs 832 - 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% - 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 - The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?
A. Rs.350
B. Rs.375
C. Rs. 380
D. Rs. 400
