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    Quantitative Aptitude : Compound Interest Question & Answer in English (Level-1)

  Level-1 Ques. in 

1.
Find compound interest on Rs. 8000 at 5 % per annum for 3 years, compounded annually.
A.  Rs. 1250
B.  Rs. 1261
C.  Rs. 1200
D.  Rs. 1150

2.
Find the compound interest on Rs. 15000 in 3 years at 5 % per annum, the interest being compounded half yearly?
A.  Rs. 2300
B.  Rs. 2250
C.  Rs. 2395.40
D.  Rs. 2295.40

3.
Find the compound interest on Rs. 20000 at 8 % per annum for 9 months compounded annually.
A.  Rs. 1200
B.  Rs. 1224
C.  Rs. 1250
D.  Rs. 1150

4.
If Rs. 500 amounts to Rs. 583.2 in 2 years compounded annually, find the rate of interest per annum ?
A.  5 %
B.  8 %
C.  10 %
D.  4 %

5.
If the simple interest on a sum of money at 4 % per annum for 2 years is Rs. 400, find the compound interest on the same sum for the same period at the same rate.
A.  Rs. 400
B.  Rs. 408
C.  Rs. 450
D.  Rs. 500

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