Practice Test

Q1) Rishabh deposits Rs.1,00,000 with the bank which pays 10% interest compounded annually for a period of 4 years. How much amount will he get on maturity? Show Answer

Q2) Vaibhav has invested Rs.25,000 in fixed deposit for 5 years at 9% interest. How much will he receive at maturity? Show Answer

Q3) Avinash has invested Rs.3,00,000 in bank certificate of deposit for 3 years at 8%. How much will he receive at maturity? Show Answer

Q4) Find the present value of Rs.50,000 receivable after 8 years if the rate of interest is 10%. Show Answer

Q5) Ashish wants to send his daughter to Australia for MBA after 6 years. He would require Rs.20,00,000 at that time (i.e. after 6 years). How much should he invest today if the offered interest rate is 14%? Show Answer

Q6) A bank promises to pay Rs.20,000 after 4 years at 10% interest. How much will you deposit today? Show Answer

Q7) Rajesh deposits Rs.15,000 with a bank at 9% interest compounded semi-annually. How much will he get after a period of 8 years? Show Answer

Q8) Kiran deposits Rs.20,000 with a bank at 12% interest compounded quarterly. How much amount will he get after a period of 6 years? Show Answer

Q9) Find the present value of Rs.75,000 to be received at the end of 4 years at 16% p.a. compounded semi-annually? Show Answer

Q10) Find the present value of Rs.1,00,000 to be received at the end of 5 years at 12% interest compounded quarterly? Show Answer

Q11) Bindal has invested Rs.5,00,000 in bank’s certificate of deposit for 5 years at 10% interest. How much will she get on maturity? Show Answer

Q12) Sachin deposits Rs.2,50,000 with the bank which pays 12% interest compounded annually for a period of 4 years. How much will he get on maturity? Show Answer

Q13) Find the present value of Rs.30,000 receivables after 5 years if the rate of interest is 11%? Show Answer

Q14) Sandeep deposits Rs.30,000 with a bank at 10% interest compounded semi-annually. How much amount will he get after a period of 7 years? Show Answer

Q15) Find the present value of Rs.40,000 to be received at the end of 4 years at 8% compounded quarterly Show Answer

Q16) What is the present value of 5 years annuity of Rs.10,000 at 10% interest? Show Answer

Q17) Mr. Ravi deposit Rs.25,000 annually in a bank for 5 years. The deposit earns 15% per annum. What is the Future value of this annuity at the end of 5 years? Show Answer

Q18) Mr. Anand deposits Rs.10,000 annually in a bank for 5 years. The deposit earns 10% interest per year. What is the value of this annuity at the end of 5 the years? Show Answer

Q19) Eight annual payments of Rs.8,000 are made into deposit account that pays 11% interest per year. What will be the future value of the annuity at the end of eight years? Show Answer

Q20) Twelve equal annual payments of Rs.6,000 are made into a deposit account that pays 10% interest per year. What is the future value of this annuity at the end of 12 years? Show Answer

Q21) Find out the present value of annuity of Rs.17,500 received annually for 6 years, when rate of interest is 10%. Show Answer

Q22) What is the present value of a 3 years annuity of Rs.12,000 at 14% interest? Show Answer

Q23) Find out the present value of annuity of Rs.1,00,000 for 6 years at 12% interest. Show Answer

Q24) Mr.Keshav deposits Rs.2,00,000 annually in a bank for 6 years. The deposit earns 15% interest per year. What is the future value of this annuity at the end of 6 years? Show Answer

Q25) Find the present value of annuity of Rs.2,50,000 received annually for 8 years, when rate of interest is 8%. Show Answer

Q26) If a certain principal amount increases to Rs.6,500 in 3 years at a certain fixed rate of simple interest and Rs.7,500 in 5 years at the same rate of interest, then what is the rate of simple interest? Show Answer

Q27) Chintamani took a loan of Rs.50,000 at a rate of 10% per annum at simple interest for 3 years and invested the money at the rate of 10% per annum for the same period, compounded annually. How much money did he gain or lose in the entire transaction? Show Answer

Q28) A building worth Rs.13,31,000 is constructed on land worth Rs.7,29,000. After how many year will the value of both be the same, if the worth of the land appreciates at 10% per annum and that of the building depreciates at the rate of 10% per annum? Show Answer

Q29) A bank let Rs.4,000 to Manoj at a certain rate of simple interest and Rs.5,000 to Aditi at simple interest at a rate which is 0.5 percentage points more than that of Manoj. After two years, the bank received Rs.860 as interest from both of them combined. Find the rate of interest per annum at which the amount was lent to Aditi? Show Answer

Q30) If the principal is increased by Rs.250, the simple interest increases by Rs.150. if the time period is doubled, the simple interest increases by Rs. 1,500. Find the compound interest on the original principal, for half of the original time period at the same rate. Show Answer

Q31) It takes n years, for Rs. 62,500 to amount to Rs. 1,08,000 at 20% per annum compounded annually. Find the value of n. Show Answer

Q32) A sum of Rs.5,000 deposited by Mr. A at compound interest doubles after 6 years. What will be its value after 18 years? Show Answer

Q33) The compound interest on a certain amount for two years is Rs.2,912 and the simple interest on the same amount is Rs.2,800. Find the principal amount. Show Answer

Q34) The difference between the compound interest and the simple interest for 2 years on a certain sum at 10% rate of interest is Rs.850. find the principal. Show Answer

Q35) A certain amount of money is lent out at compound interest at the rate of 20% per annum for two years, compounded annually. It would give Rs.241 more if the amount is compounded half yearly. Find the principal. Show Answer

Q36) A sum of Rs. 12,615 is divided between a brother and sister who are 12 and 10 years old respectively, in such a way that if their portions are invested at the rate of 5% per annum compound interest, they shall receive equal amounts on reaching 21 years of age. How much money does the brother get initially? Show Answer

Q37) A sum of money was borrowed such that the rate of simple interest was 10% per annum. At the end of the first year, Rs.6,500 was paid off and the rate of interest on the balance was increased to 12% per annum. If the interest for the second year was (3/4)th of the interest for the first year, what was the original sum borrowed? Show Answer

Q38) After how many years approximately would the amount payable on loan be twice the principal, if the principal is lent at the rate of 20% per annum, compounded quarterly? Show Answer

Q39) The population of country A on 1st Jan 2008 was 1 billion and it grows at the rate of 10% per year. The population of country B on the same date was 1.5 billion and it decreases at the rate of 10% per year. On 1st January of which year will country's population become more than that of country B? Show Answer

Q40) Out of a world population of approximately 6.6 billion, 1.2 billion people live in the richer countries of Europe, America, Japan and this figure is growing at the rate of 25% per year, while the other 5.4 billion people live in the less developed countries and this figure is growing at the rate of 15%. What will be the world population in 5 years if we assume that these growth rates will stay constant for the next 5 years? (round answer to 3 significant digits) Show Answer

Q41) Reena took a loan of Rs. 1,200 at 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 ( in %) ? Show Answer

Q42) A certain amount earns simple interest of Rs. 1,750 after 7 years. Had the interest been 2% more, how much more interest (in Rs.) would it have earned? Show Answer

Q43) There is 60% increase in an amount in 6 years at simple interest. what will be the compounded interest of Rs. 12,000 after 3 years at the same rate? Show Answer

Q44) Albert invested an amount of Rs. 8,000 in a fixed deposit scheme for 2 years at compound interest rate of 5%. what amount will Albert get on maturity of the fixed deposit Show Answer

Q45) If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what is the compound interest on the same sum at the same rate and for the same time? Show Answer

Q46) The difference between simple and compound interest compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.)is: Show Answer

Q47) The compound interest on Rs. 30,000 at 7% per annum is Rs. 4,347. The period (in years) is : Show Answer

Q48) A car is bought new at Rs. 3,00,000 and its cost depreciates at 20 % per annum. what is the value of the car (in Rs.) after 4 years? Show Answer

Q49) A colony of bacteria contains 25000 bacteria and it increases at 10% per hour. What is the count of bacteria 3 hours from now Show Answer

Q50) The effective annual rate of compound interest corresponding to a compound interest rate of 6% per annum payable half- yearly is Show Answer

Q51) A yearly payment to the servant is Rs.90 plus one turban. The servant leaves the job after 9 months and received Rs.65 and a turban. Then, find the price of the turban Show Answer

Q52) Ram purchased a flat at Rs.1 lakh and Prem purchased a plot of land worth Rs.1.1 lakh. The respectively annual rates at which the prices of the flat and the plot increased were 10% and 5%. After two years, they exchanged their belongings and one paid the other the difference. Then Show Answer

Q53) Ram purchased a flat at Rs.1 lakh and Prem purchased a plot of land worth Rs.1.1 lakh. The respectively annual rates at which the prices of the flat and the plot increased were 10% and 5%. After two years, they exchanged their belongings and one paid the other the difference. Then Show Answer

Q54) A man invests Rs. 3000 at the rate of 5% per annum. How much more should he invest at the rate of 8%, so that he can earn a total of 6% per annum ? Show Answer

Q55) The rate of inflation was 1000%. Then, what will be the cost of an article, which costs 6 units of currency now, 2 yrs from now ? Show Answer

Q56) Find simple interest on Rs. 4000 for 5 year @ 6% P.C.P.A. Show Answer

Q57) Find simple interest on Rs. 18,000 for 4 year @ 12% P.C.P.A. Show Answer

Q58) Ramesh deposited Rs. 29400 for 6 year at simple interest. After 6 year he received Rs. 4200 as interest. The annual rate was Show Answer

Q59) A sum of Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much ? Show Answer

Q60) A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 yeas. The sum is Show Answer

Q61) A sum at simple interest amounts to Rs. 2500 in 2 years and Rs. 4000 in 5 years. Find the sum. Show Answer

Q62) A sum of money amounts to Rs. 9800 after 5 years and Rs. 12,005 after 8 years at the same rate of simple interest. The rate of interest per annum is Show Answer

Q63) If simple interest on a sum of Rs. 100 is Rs. 256 and the rate of interest per annum equals the number of years, then the rate of interest is Show Answer

Q64) If the simple interest on Rs. 3000 is less than the simple interest on Rs. 2000 at 5% by Rs. 50, find the time ? Show Answer

Q65) At what rate percent per Annum simple interest, a sum of money doubles itself in 20 years? Show Answer

Q66) A sum of money is lent at S.I. for 8 years. If the same amount is paid at 5% higher, Ramesh would have got Rs. 100 more. Find the Principal? Show Answer

Q67) A sum was put a simple interest at a certain rate for 2 years. Had it been put at 3% higher rate, it would have fetched Rs. 72 more, the sum is Show Answer

Q68) The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is Show Answer

Q69) A sum of Rs 1550 was lent partly at 5% and partly at 8% p.a. simple interest. The total interest received after 3 years was Rs. 300. The ratio of the money lent at 5% to that lent at 8% is Show Answer

Q70) A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is Show Answer

Q71) The simple interest on Rs. 1820 from March 9, 2003 to May 21, 2003 at 7.5 % rate will be Show Answer

Q72) The sum of amount becomes 28 / 25 times of itself in 5 years. Then find the rate of interest P.C.P.A. Show Answer

Q73) The simple interest is 1/9 of the principal. If rate of interest and period of time are equal then what is the annual rate of interest P.C.P.A. Show Answer

Q74) Find the simple interest on Rs. 7500 at 11% for 2 years and 3 months. Show Answer

Q75) Mr. Prakash borrowed a sum of Rs. 10,000 from a finance company for 6 years at 8% per annum. The amount returned by Mr. Prakash to the finance company is Show Answer

Q76) The simple interest accrued in four years on a Principal of Rs. 18,000 is one fifteenth the principal. What is the rate of simple interest PCPA Show Answer

Q77) A sum of Rs. 1550 was lent partly at 5% and partly at 8% simple interest. The total interest received after 3 years was Rs. 300. Find the amount lent on 5% per annum. Show Answer

Q78) A certain sum is invested for T years. It amounts to Rs. 400 at 10% per annum. But when invested at 4% per annum, it amounts to Rs. 200, find the time (T). Show Answer

Q79) David invested certain amount in three different schemes A, B and c with the rate of interest 10% p.a., 12% p.a. and 15% p.a. respectively. If the total interest accrued in one year was Rs. 3200 and the amount invested in Scheme C was 150% of the amount invested in Scheme A and 240% of the amount invested in Scheme B, what was the amount invested in Scheme B ? Show Answer

Q80) 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-fourth of the first sum is equal to one-fifth of the second sum. The total sum invested was Show Answer

Q81) `The interest on a certain deposit at 4.5% per annum is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% per annum? Show Answer

Q82) A sum of money doubles itself in 7 years at simple interest in how many years it will become four fold ? Show Answer

Q83) An automobile financier claims to be lending money at the simple interest, but he include the interest every six months for calculating the principal. If he is charging at interest of 10%, the effective rate of interest becomes Show Answer

Q84) Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B, the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B? Show Answer

Q85) In what time the sum of money becomes the 4 times of Principal at 15% ? Show Answer

Q86) At what rate of interest the sum of amount doubles itself in 15 years ? Show Answer

Q87) Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next 5 years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, how money did he borrow? Show Answer

Q88) How long will it take for a sum of money to grow from Rs. 1250 to Rs. 10,000, if it is invested at 12.5% p.a.simple interest ? Show Answer

Q89) The simple interest is 5.12 of principal in 4 years then find the rate of interest. Show Answer

Q90) The sum of amount Rs. 800 becomes 920 in 5 years at Simple Interest if the rate of interest increase by 3 percent then what will be the amount after 5 years ? Show Answer

Q91) At certain rate of interest Rs. 400 becomes 460 in 3 years. If the rate of interest decrease by 3%, then what will be the amount after 3 years? Show Answer

Q92) At what percent rate of interest Rs. 800 become 836 in 3/4 years? Show Answer

Q93) Divide Rs.2379 into 3 parts so that their amount after 2, 3 and 4 years respectively may be equal, the rate of interest being 5% per annum at simple interest. The first part is Show Answer

Q94) Rs. 6,000 lent out into two parts such that simple inteest on 1st part for 2 years @ 6% is equal to simple interest on 2nd part for 3 years @ 8% then find the second part. Show Answer

Q95) Rs. 10,000 is divided into 2 parts. 1st part invest @ 4% and 2nd part invest @ 6% then annual interest from both part is 450 then find the 2nd part . Show Answer

Q96) The sum of amount 7000 was lent out of rate 6% P.C.P.A.and remaining 4% PCPA if the total interest at the end of 5 years was 1600 then find out the sum of amount lent out 6%. Show Answer

Q97) The rate of interest on a sum of money is 4% per annum for the first 2 years 6% per annum for the next 4 years and 8% per annum for the period beyond 6 years. If the simple interest accrued by the sum for the total period of 9 years is Rs. 11200. What is the sum ? Show Answer

Q98) The price of a TV set worth Rs. 20,000 is to be paid in 20 installments of Rs. 1000 / each month. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be Show Answer

Q99) A lends Rs. 2500 to B and a certain sum to C at the same time at 7% per annum simple interest. If after 4 years, A altogether receives Rs. 1120 as interest from B and C , then the sum lent to C is Show Answer

Q100) What would be the compound interest accrued on an amount of Rs.8000 at the rate of 15 p.c.p.a in three years?. Show Answer

Q101) What will be the compound interest accrued on an amount of Rs. 16,500/- @ 14 p.c.p.a. at the end of 3 years? Show Answer

Q102) What will be the compound interest on a sum of Rs. 40,000 after 3 years at the rate of 11 p.c.p.a.? Show Answer

Q103) What will be the compound interest obtained on sum of Rs. 12,000/- @ 8% per capita per annum for 2 years? Show Answer

Q104) What would be the compound interest accrued on an amount of Rs. 7,400 @ 13.5 p.c.p.a. at the end of 2 years ? (rounded off to two digits after decimal) Show Answer

Q105) What would be the compound interest obtained on an amount of Rs. 20,000 at the rate of 15 p.c.p.a. after 4 years? Show Answer

Q106) A man gets a simple interest of Rs. 1,000 on a certain principal at the rate of 5 p.c.p.a. in 4 years. What is the compound interest? Show Answer

Q107) Find the compound interest on a sum of amount of Rs. 4500 @ 8% p.c.p.a. for 2 years. Show Answer

Q108) At the rate of -----% the sum of amount Rs. 5000 become 6298.56 in three years. Show Answer

Q109) At what rate of interest certain sum of amount becomes 1.728 times in 3 years? Show Answer

Q110) At what time a sum of amount of Rs. 4000 becomes 4630.50 @ of 5% P.C.P.A.? Show Answer

Q111) A certain sum of amount on C.I. becomes 4800 in 4 years and 6000 in 8 years at same rate. Find the sum. Show Answer

Q112) Find the compound interest on the sum of amount 12,000/- @ 8% P.C.P.A. for 1 year. Compound interest compounded half yearly. Show Answer

Q113) Mr. Duggal invested Rs. 20,000 with 20% rate of interest. The interest compounded half yearly for the first year and yearly in the next year. What will be the total interest earned at the end of two years? Show Answer

Q114) A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of the year. At the end of the year the amount he would have gained by way of interest is Show Answer

Q115) The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs.1 . The sum (in Rs.) is Show Answer

Q116) What will be compound interest obtained on sum of amount 50,000/- @ 40% P.C.P.A. for 1 year if compound interest compounded quarterly. Show Answer

Q117) The difference between compound interest compounded annually and the simple interest on a certain sum of money at 10% p.a. for 2 years is Rs. 40/- find sum. Show Answer

Q118) At a certain rate of interest p.a. the difference between the compound interest and simple interest on 5,000 for 2 years is 72. Find the rate of interest per annum. Show Answer

Q119) There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate? Show Answer

Q120) Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4,000 for 2 years at 10% per annum. The sum placed on simple interest is Show Answer

Q121) If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time? Show Answer

Q122) The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum compounded half-yearly is Show Answer

Q123) What will be the compound interest on Rs. 10,000/- for 3 years. The rate of interest being 4% during first year, 5% during the second year and 6% during the third year. Show Answer

Q124) The sum of amount becomes 3 times itself in 5 years. In how many years the amount will become 81 times itself on compound interest. Show Answer

Q125) On a certain sum, simple interest and compound interest for 2 years are Rs. 400/- and Rs. 420/- respectively. Find annual rate of interest. Show Answer

Q126) The amount on the sum of the principal amount 625/- @ 20% P.C.P.A. for a certain period of time is 1296 find the period of time. Show Answer

Q127) The sum of amount double itself in 4 yrs. In how many years the amount is 8 times itself on CI. Show Answer

Q128) The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time and at half the rate per annum is : Show Answer

Q129) Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. . How much amount will Albert get on maturity of the fixed deposit? Show Answer

Q130) The C.I. accrued in 2 years on principal of Rs. 16,250/- is 5616. What is the rate of interest P.C.P.A.? Show Answer

Q131) The C.I. accrued in two years on a principal of Rs. 15,800/- is 7716.72, what is the rate of interest P.C.P.A.? Show Answer

Q132) What is the difference between S.I. and C.I. incurred on amount of 12,000/- at the end of 3 years at the rate of 12%? Show Answer

Q133) A man borrowed an amount of Rs. 12,500 to bank @ 20% on C.I., he pay installment of Rs. 2000 in every year after 3 installment how much amount will remain? Show Answer

Q134) At what rate certain sum of amount becomes 27 times itself in 3 years? Show Answer

Q135) The income of a man is 8000. If it is decreased by 10% in first year and 5% in second year but increased by 15% in third year Find the income of man after 3 years. Show Answer

Q136) The difference between C.I. and S.I. accrued on an amount at the end of 3 years @ 15% is Rs. 453.6, what is the sum? Show Answer

Q137) The difference between the compound interest and simple interest accrued on an amount at the end of 3 year @ 12% is 381.888, what is the amount ? Show Answer

Q138) Simple interest on certain sum of amount for 3 years @ 8% P.A. is half the compound interest on Rs. 4000 for 2 years @ 10% P.A.. The sum of simple interest is Show Answer

Q139) Manish earns an amount of Rs. 1656 for the third year and Rs. 1440 for the second year on the same sum. Find the rate of interest if it is lent at compound interest. Show Answer

Q140) A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% compound interest. The sum borrowed was Show Answer

Q141) A man borrow a sum of amount Rs. 8200 @ of 5% on C.I. for two years. If he wants to pay in equal installments, find the annual installment. Show Answer

Q142) A man borrows a certain sum of amount on C.I. at the rate of 10% P.C.P.A. for 3 years and he pays 3 equal annual installments of Rs. 1331. What is the sum? Show Answer

Q143) What will be the amount on Rs. 10,000 for 3 years the rate of interest 4% in 1st year, 5% during the second year and 6% during the third year. Show Answer

Q144) Difference between the SI and CI on certain sum of money for 3 year@ 10% PCPA is 713 then what is the sum of amount. Show Answer

Q145) Vibhor borrows Rs. 65,000 at 10% per annum simple interest for 3 years and lends it at 10% per annum compound interest for 3 years. Find his gain after three year. Show Answer

Q146) The amount charged for a defined length of time for use of the principal, generally on a yearly basis is known as - Show Answer

Q147) The principal remains constant for the whole loan period in - Show Answer

Q148) Interest computed on the principal for the entire period of borrowing is called - Show Answer

Q149) Simple Interest on Rs.3,500 for 3 years at 12% p.a. is Show Answer

Q150) The simple interest on Rs.1,500 for 6 years at 5 % p.a. is - Show Answer

Q151) The sum required to earn a monthly interest of Rs.1,200 at 18% p.a. Simple Interest is - Show Answer

Q152) What will be the final value of investment for the principal value of Rs. 80,000 for 4 years @ 10% p.a. rate of interest? Show Answer

Q153) Sachin deposited Rs.1,00,000 in his bank for 2 years at simple interest of 6%. How much interest would he earn? How much would be the final value of deposit? Show Answer

Q154) If Rs.1,600 amounts to Rs.2,100 is 5 years at a certain rate of simple interest. If the rate of interest is increased by 1 % it would amount to how much? Show Answer

Q155) In what time will Rs. 85,000 amount to Rs.1,57,675 at 4.5% p.a? Show Answer

Q156) Rs.3,52,000 will produce Rs. 28,600 interest in - years at 2.5% p.a. simple interest. Show Answer

Q157) A sum of money doubles itself in 10 years. The number of years it would trebles itself is - Show Answer

Q158) A sum of money doubles itself in 25 years. The number of years it would trebles itself is - Show Answer

Q159) A person borrowed Rs.4,000 and after 6 months the amount paid was Rs.4,050. Find the rate of interest. Show Answer

Q160) Rs.80,000 is invested to earn a monthly interest of Rs. 1,200 at the rate of — p.a. SI. Show Answer

Q161) A Sum of Rs.46,875 was lent out at simple interest and at the end of 1 yr and 8 months, the total amount was Rs.50,000. Find the rate of interest. Show Answer

Q162) A sum doubles itself in 10 years. Find interest rate. Show Answer

Q163) If a sum triples in 15 yrs at Simple rate of interest then the rate of interest per annum will be Show Answer

Q164) If the interest on Rs.2,400 be more than the interest on Rs.2,000 by Rs.64 in 4 years, rate of interest is - Show Answer

Q165) A certain sum of money at simple interest amounts to Rs.2,800 in 2 years and to Rs.3,220 in 5 years. The rate of interest p.a. is - Show Answer

Q166) Find out the capital required to earn a monthly interest of Rs.800 p.m. at 5 % at simple interest? Show Answer

Q167) A sum was put at simple interest, at a certain rate for 3 years. Had it been put at 1 % higher rate it would have fetched Rs.63 more. The sum is - Show Answer

Q168) A sum of money that will give Rs. 1, as interest per day at 10 % p.a. simple interest is - Show Answer

Q169) A sum of money amounts to Rs.795 in 4 years and Rs.850 in 5 years. The sum is Show Answer

Q170) A sum of money amount to Rs.6,200 in 2 years and Rs.7,400 in 3 years. The principal and rate of
interest are:
Show Answer

Q171) A sum of money amounts to Rs. 7,803 for one year at the rate of 4% compounded semiannually then the sum invested is Show Answer

Q172) A sum of money kept in a bank amounts to Rs.1,000 in 4 years and Rs.1,400 in 12 years. The sum and interest carried every year are - Show Answer

Q173) No. of years a sum 4 times itself at 12% pa at simple interest: Show Answer

Q174) A sum of money will be doubled itself in 8 years at S.I. In how many years the sum will be tripled itself? Show Answer

Q175) A sum of 44,000 is divided into 3 parts such that the corresponding interest earned after 2 years, 3 years and 6 years may be equal at the rate of simple interest are 6% p.a., 8% p.a., & 6% p.a. respectively. Then the smallest part of the sum will be: Show Answer

Q176) Find the equation of the line parallel to the line joining (7,5) (2,9) and passing through (3, -4) Show Answer

Q177) A certain sum of money was invested at S.I for 3 years. If it has invested at rate 7% higher, then the interest have been 882/- more, then the sum is Show Answer

Q178) The difference between the final amount and the original principal is called the - Show Answer

Q179) In the formula A = P + I, A is known as - Show Answer

Q180) The principal goes on changing every year in - Show Answer

Q181) Rs.10,000 is invested at annual rate of interest of 10%. The amount after two years at annual compounding is - Show Answer

Q182) Rs.100 will become after 20 years at 5% p.a. compound interest calculated annually - Show Answer

Q183) Rs.7,500 is invested at 5 % compound interest for 2 years. The interest for the second year is - Show Answer

Q184) The C.L on Rs.16,000 for 11/2 years at 10% p.a. payable half-yearly is - Show Answer

Q185) The compound interest on half-yearly rests on Rs.10,000 the rate for the first and second years being 6% and for the third year 9% p.a is - Show Answer

Q186) The compound interest on half-yearly rests on Rs.10,000 the rate for the first and second years being 6% and for the third year 9% p.a is - Show Answer

Q187) Compute the compound interest on Rs.4,000 for 11/2 years at 10% p.a. compounded half-yearly. Show Answer

Q188) Rs.2,000 is invested at annual rate of interest of 10% p.a. The amount after two years if compounding is done half yearly, is - Show Answer

Q189) The C.I on Rs.40,000 at 10% p.a. for 1 years when the interest is payable quarterly is - Show Answer

Q190) The C.I on Rs.4,000 for 6 months at 12% p.a. payable quarterly is - Show Answer

Q191) Rs. 3,000 is invested at annual rate of interest of 10% p.a. The amount after two years if compounding is done quarterly, is - Show Answer

Q192) The compound interest on Rs.1,000 for 10 years at 4% p.a. the interest being paid quarterly is - Show Answer

Q193) Rs. 4,000 is invested at annual rate of interest of 10% p.a. The amount after two years if compounding is done monthly, is - Show Answer

Q194) The Partners A& B together lent Rs. 3903 at 4% p.a interest compounded annually. After aspan of 7 years, A gets the same amount as B gets after 9 years. The share of A in the sum of Rs. 3903/- would have been Show Answer

Q195) Rs.2,000 is invested at 10% p.a. What is the amount after 2 yrs if compounding is done (a) Annually (b) Semi-Annually (c) Quarterly (d) Monthly Show Answer

Q196) If A = Rs.1000 n = 2 years R = 6% p.a compound interest payable half-yearly then principal (P) is - Show Answer

Q197) If A = Rs. 10,000 n = 18 yrs R = 4% p.a C.I, P will be - Show Answer

Q198) On what sum will the compound interest at 5% p.a. for 2 yrs compounded annually be Rs.1,640? Show Answer

Q199) The compound interest on a certain sum for 2 years is Rs.41.60 and the simple interest is Rs.40. Find the sum. Show Answer

Q200) The difference in simple interest and compound interest on a certain sum of money in 2 years at 15% p.a. is Rs.144. The sum is - Show Answer

Q201) The difference between the simple interest and compound interest on a certain sum of money invested for 2 years 5% p.a. is Rs. 30. Then the sum = Show Answer

Q202) The compound interest on a certain sum for 2 years is Rs.41 and the simple interest is Rs.40. Find the interest % p.a. Show Answer

Q203) A sum of money put at compound interest amount to Rs.2,205 in 2 years and to Rs.2,315.25 in 3 years. Find the interest % p.a. Show Answer

Q204) If the sum of money when compounded annually becomes Rs. 1,140 in 2 years and Rs. 1,710 in 3 years, the Rate of Interest is Show Answer

Q205) At what rate % will a sum double itself in 7 years if the interest is compounded annually. Show Answer

Q206) For a 10-year deposit, what interest rate payable annually is equivalent to 5% interest payable quarterly? Show Answer

Q207) Find the rate, if Rs.2,00,000 amount to Rs.2,31,525 in 11/2 year interest being compounded half-yearly. Show Answer

Q208) A sum of money yields at compound interest Rs.200 and Rs.220 at the end of first and second year respectively. The rate % is - Show Answer

Q209) At what rate per cent compound interest does a sum of money becomes four fold in 2 years? Show Answer

Q210) In how many years will a sum of money double at 5% p.a. compound interest? Show Answer

Q211) In how many years a sum of money treble at 5% p.a. compound interest payable on half-yearly rests? Show Answer

Q212) In what time will Rs.8,000 amount to Rs.8820 at 5% p.a. interest compounded half-yearly? Show Answer

Q213) Rs.16,000 invested at 10% p.a. compounded semiannually amounts to Rs.18,522. Find the time period of investment. Show Answer

Q214) In what time will a sum of Rs.800 at 5% p.a. compound interest amount to Rs.882? Show Answer

Q215) The time by which a sum of money would treble itself at 8% p.a Cl is - Show Answer

Q216) A sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself? Show Answer

Q217) In how many years a sum will double at 10% p.a. compound interest? Show Answer

Q218) A sum of money triples itself in 20 years. The number of years it would double itself. (C.I) - Show Answer

Q219) The population of a town increase by 2% of the Population at the beginning of that year. The number of years by which the total increases in population would be 40% is: Show Answer

Q220) The annual birth and death rates per 1,000 are 39.4 and 19.4 respectively. The number of years in which the population will be doubled assuming there is no immigration or emigration is - Show Answer

Q221) Saina deposited Rs.1,00,000 in a nationalized bank for three years. If the rate of interest is 7% p.a. Calculate the interest that bank has to pay Saina after 3 yrs if interest is compounded annually. Also calculate the amount at the end of the third year. Show Answer

Q222) The difference between the S.I. and the C.I. on Rs.2,400 for 2 years at 5% p.a is - Show Answer

Q223) The difference between compound and simple interest at 5% p.a for 4 years on Rs.20,000 is - Show Answer

Q224) The difference between CI and SI on a certain sum for 2 years at 6% p.a. is Rs.13.50. Find the sum. Show Answer

Q225) The difference between Cl and SI on a certain sum of money for 2 years at 4% p.a. is Rs. 1. The sum is Show Answer

Q226) The difference between SI and Cl on a certain sum for 3 years at 5% p.a. is Rs.76.25. Find the sum. Show Answer

Q227) The compound interest on a certain sum of money for 2 years at 10 % p.a. is Rs.420. find the simple interest at the same rate and for the same time.

Show Answer

Q228) Appu retires at 60 years receiving a pension of Rs. 14,400 a year paid in half-yearly installments for rest of his life after reckoning his life expectation to be 13 yrs and that interest at 4% p.a is payable half yearly. What single sum is equivalent to his pension? Show Answer

Q229) The present value of Rs.10,000 due in 2 years at 5% p.a. compound interest when the interest is paid on yearly basis is - Show Answer

Q230) What is the present value of Rs. 1 to be received after 2 years compounded annually at 10%? Show Answer

Q231) A person invested money in bank paying 6% Compounded semi annually. If the person expects to receive Rs.8,000 in 6 years, what is the present value of investment? Show Answer

Q232) A loan of Rs.10,000 is to be paid backing 30 equal installments. The amount of each installation to cover the principal and at 4% p.a. Cl is - Show Answer

Q233) The present value of annuity of Rs.5,000 p.a. for 12 years at 4% p.a. C.I. annually is - Show Answer

Q234) The present value of an annuity of Rs.80 a years for 20 years at 5% p.a is - Show Answer

Q235) Find the present value of an ordinary annuity of 8 quarterly payments of Rs.500 each, the rate of interest being 8% p.a. compound quarterly. Show Answer

Q236) A company borrows Rs.10,000 on condition to repay it with compound interest at 5% p.a. by annual installments of Rs.1,000 each. The number of years by which the debt will be clear is - Show Answer

Q237) Mr. Paul borrows Rs.25,000 on condition to repaid it with C.I. at 7% p.a. in annual installments of Rs.3,000 each. The number of years for the debt to the paid off is - Show Answer

Q238) Suppose your mom decides to gift you Rs.10,000 every year starting form today for the next 5 years. You deposit this amount in a bank as and when you receive and get 10% p.a. interest rate compounded annually. What is the present value of this annuity? Show Answer

Q239) Raja aged 40 wished his wife Rani to have Rs.40 Lakhs at his death. If his expectation of life is another 30 years and he starts making equal annual investments commencing now at 3% compound interest p.a. how much should he invest annually? Show Answer

Q240) How much amount is required to be invested every year so as to accumulate Rs.3,00,000 at the end of 10 years if interest is compounded annually at 10%? Show Answer

Q241) A person desires to create a fund to be invested at 10% C I p.a. to provide for a prize of Rs.300 every years. Using V = A /I find V and V will be Show Answer

Q242) A sinking fund is created for reducing debentures worth Rs.5 Lakhs at the end of 25 years. How much provision needs to be made out of profits each year provided sinking fund investments can earn interest at 4% p.a? Show Answer

Q243) A machine is depreciated the rate of 20% on reducing balance.The original cost of the machine was Rs.1,00,000and its ultimate scrap value was Rs.30,000. The effective life of the machine is - Show Answer

Q244) A machine the useful life of which is estimated to be 10 years cost Rs.10,000. Rate of depreciation is 10% p.a. The scrap value at the end of its life is - Show Answer

Q245) A machine worth Rs.4,90,740 is depreciated at 15% of its opening value each year. When its value would reduce by 90%? Show Answer

Q246) A machine costs Rs.5,20,000 with an estimated life of 25 years. A sinking fund is created to replace it by a new model at 25%m higher cost after 25 years with a scrap value realization of Rs.25,000. What amount should set aside every year if the sinking fund investments accumulate at 3.5% compound interest p.a? Show Answer

Q247) A machine for which the useful life is estimated to be 5 years cost Rs. 5,000. Rate of depreciation is 10% p.a. The scrap value at the end of its life is - Show Answer

Q248) A machine depreciates at 10% of its value at the beginning of a year. The cost and scrap value realized at the time of sale being Rs.23,240 and Rs.9,000 respectively for how many years the machine was put to use? Show Answer

Q249) A machine worth Rs.4,90,740 is depreciated at 15% of its opening value each year. When its value would reduce to Rs.2,00,000? Show Answer

Q250) A person bought a house paying Rs.20,000 cash down and Rs.4000 at the end of each years for 25 yrs. At 5% p.a C.I. The cash down price is - Show Answer

Q251) A man purchased a house valued at Rs.3,00,000. He paid Rs.2,00,000 at the time of purchase and agreed to pay the balance with interest at 12% p.a. compounded half yearly in 20 equal half yearly installments. If the first installment is paid after six months from the data of purchase then the amount of each installment is [Given Log10.6 = 1.0253 and log 31.19 = 1.494] Show Answer

Q252) ABC Ltd wants to lease out an asset costing Rs.3,60,000 for a 5 year period. It has fixed rental of Rs.1,05,000 p.a. payable annually starting from the end of first year. Suppose rate of interest is 14% p.a. compounded annually on which money can be invested by the company. Is this agreement favourable to the company? Show Answer

Q253) A machine with useful life of 7 years cost Rs.10,000 while another machine with useful life of 5 yrs costs Rs.8,000. The 1st machine saves labour expenses of Rs.1,900 annually and the second one saves labour expenses of Rs.2,200 annually. Determine the preferred course of action. Assume cost of borrowing as 10% compounded p.a. [Decision, PV of cost savings] Show Answer

Q254) A machine can be purchased for Rs.50,000. Machine will contribute Rs.12,000 p.a. for the next 5 years. Assume borrowing cost is 10% p.a. compounded annually. Determine whether machine should be purchased or not? Show Answer

Q255) An investor intends purchasing a three year Rs. 1,000 par value bond having nominal interest rate of 10%. At what price the bond may be purchased now if it matures at par and the investor requires a rate of return of 14%? Show Answer

Q256) A 6 year bond of Rs.1,000 has an annual rate of interest of 14%. Interest is paid half-yearly. If required rate of return is 16%, what is the value of the bond? Show Answer

Q257) P Ltd has to make payment of Rs.20 Lakhs in 60 days. The company has decided to invest in CDs of a leading Nationalised Bank at 8% p.a. What money is required to be invested now? Show Answer

Q258) A money market instrument with face value of Rs.100 and discount yield of 6% will mature in 45 days. Compute the current price of the instrument and effective annual return. Show Answer

Q259) Rs. 8000 becomes Rs. 10,000 in two years at simple interest. The amount that will become Rs. 6,875 in 3 year at the same rate of interest is: Show Answer

Q260) The difference between the simple and compound interest on a certain sum of 3 years at 5% p.a. is Rs. 228.75. The compound interest on the sum for 2 years at 5% p.a. is: Show Answer

Q261) The rate of simple interest on a sum of money is 6% p.a. for first 3 years, 8% p.a. for the next five years and 10% p.a. for the period beyond 8 years. if the simple interest accrued by the sum for a period for 10 years is Rs. 1,560. The sum is: Show Answer

Q262) In what time will Rs. 3,90,625 amount to Rs. 4,56,976 at 8% per annum, when the interest is compounded semi-annually? Show Answer

Q263) A certain sum of money amounts to Rs. 6,300 in two years and Rs. 7,875 in three years nine months at simple interest. Find the rate of interest per annum: Show Answer

Q264) If Rs. 1,000 be invested at interest rate of 5% and the interest be added to the principle every 10 years, then the number of years in which it will amount to Rs. 2,000 is: Show Answer

Q265) The effective rate equivalent to nominal rate of 6% compounded monthly is: Show Answer

Q266) A company establishes a sinking fund to provide for the payment of Rs. 2,00,000 debt maturing in 20 years. Contributions to the fund are to be mad e at the end of every year. Find the amount of each annual deposit if interest in 5 % per annum: Show Answer

Q267) A person deposited Rs. 5,000 in a bank. The deposit was left to accumulate at 6% compounded quarterly for the first five years and at 8% compounded semi-annually for the next eight years. The compound amount at the end of 13 years is: Show Answer

Q268) Anshul's father wishes to have Rs. 75,000 in a bank account when his first college expanses begin. How much amount his father should deposit now at Anshul is to start college in 8 years hence from now? Show Answer

Q269) A company may obtain a machine either by leasing at for 5 years(useful life) at an annual rent of Rs. 2,000 or by purchasing the machine for Rs. 8,100. if the company can borrow money at 18% per annum, which alternative is preferable? Show Answer

Q270) In how much time would the simple interest on a certain sum be 0.125. times the principle at 10% per anuum? Show Answer

Q271) The difference between compound? interest and simple interest on a certain for 2 years @ 10% p.a. is Rs. 10. Find the sum: Show Answer

Q272) If the difference between simple interest and compound interest is Rs. 11 at the rate of 10% for two years, then find the sum. Show Answer

Q273) Future value of an ordinary annuity: Show Answer

Q274) In how many years, a sum will become double at 5% p.a. compound interest. Show Answer

Q275) The time by which a sum of money is 8 times of itself if it doubles itself in 15 years. Show Answer

Q276) What is the rate of simple interest if a sum of money amounts to Rs. 2,784 in 4 years and Rs. 2,688 in 3 years? Show Answer

Q277) A sum amount to Rs. 1,331 at a principle of Rs. 1,000 at 10% compounded annually. Find the time. Show Answer

Q278) Paul borrows Rs. 20,000 on condition to repay it with compound interest at 5% p.a. in annual installment of Rs. 2,000 each. Find the number of years in which the debt would be paid off . Show Answer

Q279) The compound interest for the certain sum @ 5% p.a. for first years is Rs. 25. The S-I for the same money @ 5% p.a. for 2 years will be. Show Answer

Q280) At what % rate of compound interest (C.I.) will a sum of money become 16 times in four years, if interest is being calculated compounding annually: Show Answer

Q281) If the simple interest on a sum of money at 12% p.a. for two years is Rs. 3,600. The compound interest on the same sum for two years at the same rate is: Show Answer

Q282) The cost of Machinery is Rs. 1,25,000/- if its useful life is estimated to be 20 years and the rate of depreciation of its cost is 10% p.a., then the scrap value of the Machinery is: Show Answer

Q283) Mr. X invests 'P' amount at Simple interest 10% and Mr. Y invests 'Q' amount at Compound interest rate 5% compounded annually. At the end of two years both get the same amount of interest, then the relation between two amounts P and Q is given by: Show Answer

Q284) If the difference of S.I. and C.I. is Rs. 72 at 12% for 2 years. Calculate the amount. Show Answer

Q285) If a simple interest on a sum of money at 6% p.a. for 7 years is equal to twice of simple interest on another sum for 9 years at 5% p.a. The ratio will be: Show Answer

Q286) By mistake a clerk, calculated the simple interest on principal for 5 months at 6.5% p.a. Instead of 6 months at 5.5% p.a. if the error in calculation was Rs. 25.40. The original sum of principal was . . . . . Show Answer

Q287) If the Simple interest on Rs. 1,400 for 3 years is less than the simple interest on Rs. 1,800 for the same period by Rs. 80%, then the rate of interest is: Show Answer

Q288) Simple interest on Rs. 2,000 for 5 months at 16% p.a. is . . . . . . Show Answer

Q289) How much investment is required to yield an income of Rs. 420 at 7% p.a. Simple interest . Show Answer

Q290) Mr. X invests Rs. 90,500 in post office at 7.5% p.a. simple interest. While calculating the rate was wrongly taken as 5.7 p.a. the difference in amounts at maturity is Rs. 9,774. Find the period for which the sum was invested: Show Answer

Q291) On what difference between compound interest and simple interest for two years at 7% p.a. interest is Rs. 29.4 Show Answer

Q292) In what time will a sum of money double its its y at 6.25% p.a. simple interest? Show Answer

Q293) What principal will amount to Rs. 370 in 6 years at 8% p.a. at simple interest? Show Answer

Q294) The partners A and B together lent Rs. 3,903 at 4% per annum interest compounded annually. After a span of 7 years, A gets the same amount as B gets after 9 years. The share of A in the sum of Rs. 3,903 would have been: Show Answer

Q295) A sum of money invested of compound interest doubles itself in four years. It becomes 32 times of itself at the same rate of compound interest in Show Answer

Q296) Suppose your parent decides to open a PDF (Public Provident Fund) account in a bank towards your name with Rs. 10,000 every year starting from today for next 15 years. when you receive and get 8.5% per annum interest rate compounded annually. What is the present value of this annuity? (Give answer in Rs. without any fraction.) (Given P (15.0.085) = 8.304236576) Show Answer

Q297) In how many years will a sum of money become four times at 12% p.a. simple interest? Show Answer

Q298) The simple interest for a certain sum for 2 years at 10% per annum is Rs. 90. The corresponding compound interest is (In Rs.): Show Answer

Q299) Mr. X bought an electronic item for Rs. 1,000. What would be the future value of the same item after 2 years, if the value is compounded semi-annually at 22% pr annum? Show Answer

Q300) If an amount is kept at simple interest, it earns an interest of Rs. 600 in first two years but when kept at compound interest it earns an interest of Rs. 660 for the same period , then the rate of interest and Principal amount respectively are: Show Answer

Q301) A compound interest on a sum for 2 years is Rs. 30 more than the simple interest at the rate of 5% per annum then the sum is Show Answer

Q302) A person lends Rs. 6,000 for 4 years and Rs. 8000 for 3 years at simple interest . if he gets Rs. 2,400 as total interest, the rate of interest is: Show Answer

Q303) The difference between the compound interest and simple interest at 10% per annum for 4 years on Rs. 10,000 is Rs. . . . . . . Show Answer

Q304) How much amount is required to be invested every year as to accumulate Rs. 7,96,870 at the end of 10 years, if interest compounded annually at 10% (given that A (10, 0.1) = 15.9374? Show Answer

Q305) If compound interest on any sum at the rate of 5% for two years is Rs. 512.50 then the sum would be: Show Answer

Q306) The effective rate of interest equivalent to the nominal rate of 7% converted monthly: Show Answer

Q307) Mr. X invest Rs. 10,000 every year starting from today for next: 10 years suppose interest rate is 8% per annual compounded annually. Calculate future value of the annuity. Show Answer

Q308) If Rs. 1,000 be invested at interest at interest rate of 5% and the interest be added to the principal every 10 years, than the number of years in which it will amount to Rs. 2,000 is: Show Answer

Q309) A bank pays 10% rate of interest, interest being calculated half yearly . A sum of Rs. 400 is deposited in the bank. The amount at the end of 1 year will be: Show Answer

Q310) A man deposited Rs. 8,000 in a bank for 3 years at 5% per annum compound interest, 3 years he will get: Show Answer

Q311) If in two years time a principal of Rs. 100 amounts to Rs. 121 when the interest at the rate of r% is compounded annually, the the value of r will be: Show Answer

Q312) A certain sum of Q was deposited for 5 year and 4 months at 4.5% simple interest and amounted to Rs. 248, the the value of Q is: Show Answer

Q313) If compound interest on a sum for 2 years at 4% per annum is Rs. 102, then the simple interest on the same sum for the same period at the same rate will be: Show Answer

Q314) A man invests an amount of Rs. 15,860 in the names of his three sons A, B and C in such a way that they get the same amount after 2, 3 and 4 years respectively. if the rate of interest is 5%, then the ratio of amount invested in the name of A, B and C is: Show Answer

Q315) If the difference between the compound interest compounded annually and simple interest on a certain amount at 10% per annum for two years is Rs. 372, then the principal amount is: Show Answer

Q316) What is the net present value of piece of property which would be valued at Rs. 2 lakh at the end of 2 year? (Annual rate of increase? = 5%) Show Answer

Q317) The effective rate of interest for one year deposited corresponding to a nominal 7% rate of interest per annum convertible quarterly is: Show Answer

Q318) How much will Rs. 25,000 amount to in 2 years at compound interest if the rates for the successive years are 4% and 5% per year Show Answer

Q319) Rs. 8,000/- at 10% per annum interest compounded half yearly will become at the end of one year: Show Answer

Q320) The value of furniture depreciates by 10% a year, if the present value of the furniture in an office is Rs. 21,870. calculate the value of Show Answer

Q321) The certain sum of money became Rs. 692/- in 2 yrs and Rs. 800/- in 5 yrs then the principle amount is ________. Show Answer

Q322) A sum of money amount to Rs. 6,200 in 2 years and Rs. 7,400 in 3 years as per S.I then the principal is Show Answer

Q323) A sum was invested for 3 years as per C.I and the rate of interest for 1st year is 9%, 2nd year 6% and 3rd year is 3% p.a. respectively. Find the sum if the amount in 3 years is Rs. 550? Show Answer

Q324) The effective rate of interest does not depend upon Show Answer

Q325) A person wants to lease out a machine costing Rs.5,00,000 for a 10 year period. It has fixed a rental of Rs.51,272 per annum payable annually starting from the end of first year. Suppose rate of interest is 10% per annum compounded annually on which money can be invested. To whom this agreement is favourable? Show Answer

Q326) Let a person invest a fixed sum at the end of each month in an account paying interest 12% per year compounded monthly. If the future value of this annuity after the 12th payment is Rs.55,000 then the amount invested every month is? Show Answer

Q327) Determine the present value of perpetuity of Rs.50,000 per month @ rate of interest 12% p.a is __________ Show Answer

Q328) A man invests Rs.12,000 at 10% p.a and another sum of money at 20% p.a for 1 year. The total investment earns at 14% p.a simple interest the total investment is: Show Answer

Q329) The different in simple interest of a sum invested of Rs. 1,500 for 3 years is Rs.18. The difference in their rates Is: Show Answer

Q330) Find the effective rate of interest on Rs. 10,000 on which interest is payable half yearly at 5% p.a. Show Answer

Q331) Find the effective rate of interest at 10% p.a when interest is payable quarterly. Show Answer

Q332) What will be the population after 3 years when present population is Rs.25,000 and population increased at the rate of 3% in I year, at 4% in II year and 5% in III year? Show Answer

Q333) The value of scooter is Rs10,000 find its value after 7 years if rate of depreciation is 10% p.a. Show Answer

Q334) SI=0.1225 P at 10% p.a find time. Show Answer

Q335) Scrap value of a machine valued at Rs.10,00,000 after 10 years within depreciation at 10% p.a: Show Answer

Q336) The difference between CI and SI for 2 years is 21. If rate of interest is 5% find principal Show Answer

Q337) Present value of a scooter is Rs.7,290 its value decreases every year by 10% then its value before 3 years is equal to: Show Answer

Q338) On what sum will the compound interest at 5% p.a. for 2 yrs compounded annually be Rs.3,280. Show Answer

Q339) An amount P becomes Rs.5,100.5 and Rs.5,203 after 2nd and 4th years respectively at 1% of interest per annum compounded annually thus value of P and R are: Show Answer

Q340) A certain sum invested at 4% p.a compounded semi-annually amounts to Rs.1,20,000 at the end of 1 year. Find the sum: Show Answer

Q341) A 5 year annuity due has periodic cash flow of Rs.100 each year. If the interest rate is 8% the future value of this annuity is given by: Show Answer

Q342) Find the compound interest if an amount of Rs.50,000 is deposited in a bank for one year at the rate 8% p.a compounded semi-annually. Show Answer

Q343) Which of the following statements is True? (assume than the yearly cash flow? Are identical for both annuities) Show Answer

Q344) Rs.2500 is paid every year for 10 years to pay off a loan. What is the loan amount if interest rate be 14% p.a compounded annually? Show Answer

Q345) What sum of money will produce Rs.42,800 as an interest 3 years and 3 months atb 2.5% p.a simple interest? Show Answer

Q346) The ratio of principal and the compound interest value for 3 years is 216: 127. The rate of interest is: Show Answer

Q347) A stock pays annually an amount pf Rs.10 from 6th year onwards. What is the present value of the perpetuity if the rate of return is 20% Show Answer

Q348) A certain sum amounted to Rs.575 at 5% in a time in which Rs 750 amounted to Rs.840 at 4%. If the rate of interest is simple, find the sum Show Answer

Q349) Find the amount of compound interest, if an amount Rs.50,000 is deposited in a bank for one year at the rate of 8% p.a compounded semi annually. Show Answer

Q350) Two equal amounts of money are deposited in two banks each at 15% p.a fix 3.5 year in the bank and fix 5 years in the either. The difference between the interest amount from the bank in Rs. 144. Find the sum Show Answer

Q351) The simple on sum at 4% p.a for 2 years is Rs.80. Find the CI on the came sum for the same period. Show Answer

Q352) Which is better investment 9% p.a compounded quarterly or 9.1% p.a simple interest? Show Answer

Q353) Assuming that the discount rate is 7% p.a. How much would you pay to receive ₹200, growing at 5% annually for ever?
Show Answer

Q354) A man invested 1/3rd of his capital at 7% 1/4th at 8% and remainder art 10%. If the annual income is Rs. 561. The capital is Show Answer

Q355) Rs.800 is invested at the end of each month in an account paying interest 6% p.a compounded monthly. What is the future value of this annually after 10th payment? Show Answer

Q356) What 'I' denote the actual rate of interest in decimal, and n denote the number of conversion periods, the formula for computing the effective rate of interest E is given by. Show Answer

Q357) The present value of an annuity immediate is the same as Show Answer

Q358) The effective rate of return for 24% p.a convertible monthly is given as: Show Answer

Q359) If discount rate is 14% p.a, then hour much a company has to pay to receive Rs280 growing at 9% annually forever? Show Answer

Q360) If the nominal rate of growth is 17% and inflation is 9% for the 5 years. Let P be the gross domestic product (GDP) amount at the present year then the projected real GDP after 6 years is: Show Answer

Q361) A sum of Rs.7,500 amounts to Rs.9,075 at 10% p.a., interest being compounded yearly in a certain time. The simple interest (in Rs.) on the same sum for the same time and the same rate is: Show Answer

Q362) A loan of Rs.1,02,000 is to be paid back in 2 equal annual installments. If the rate of interest is 4% p.a compounded annually, then the total interest charged (in Rs.) under this installment plan is: Show Answer

Q363) If a person bought a house by paying Rs. 45,00,000 down payment and Rs. 80,000 at the end of each year till the perpetuity. Assuming the rate of interest as 16% the present value of house (in Rs.) is given as:
Show Answer

Q364) A sum of money is put at 20% compound interest rate p.a at which year the aggregated amount just exceeds the double of the original sum? Show Answer

Q365) An amount is lent at R% simple interest for R years and the simple interest amount was 1/4 th of the principal amount. Then R is _______. Show Answer

Q366) R needs money to pay ₹5,00,000 in 10 years. He invested a sum in a scheme at 9% rate of interest compounded half-yearly. How much amount (in ₹) he invested?(1.04620=2.41171) Show Answer

Q367) A company needs ₹10,000 in five years to replace as equipment. How much (in ₹) should be invested now at an interest rate 8% p.a. in order to provide for this equipment?
Show Answer

Q368) Rahul invested ₹70,000 in a bank at the rate of 6.5% p.a. simple interest rate. He received ₹85,925 after the end of term. Find out the period for which sum was invested by Rahul.
Show Answer

Q369) Mr. X wants to accumulate Rs.50,00,000 at the end of 10 years. Then how much amount is required to be invested every year if interest is compounded annually at 10% (Given that P(10,0.10)=15.9374298) Show Answer

Q370) A sum of Rs. x amounts to Rs.27,900 in 3 years and to Rs.41,850 in 6 years at a certain rate percent p.a, when the interest is compounded yearly. The value of x. is: Show Answer

Q371) The future value of annuity of Rs.2,000 for 5 years at 5% compounded annually is given (in nearest Rs.) as: Show Answer

Q372) A certain sum amounts to Rs.15,748 in 3 years at simple interest at r% p.a The same sum amounts to Rs.16,510 at ( r+2)% p.a. simple interest in the same time. What is the value of r? Show Answer

Q373) ₹ 200 is invested at the end of each month in an account paying interest 6% per year compounded monthly. What is the future value of this annually after 10th payment?
Show Answer

Q374) In how much time a sum of amount doubles at simple interest at 12.5% rate? Show Answer

Q375) Anshika took a loan Rs. 1,00,000 @8% for 5 year. What amount will she pay if she wants to pay the whole amount in five equal installments? Show Answer

Q376) Ankit invests ₹3,000 at the end of each quarter receiving interest @7% p.a. for 5 years. What amount will be receive at the end of the period?
Show Answer

Q377) The effective rate of interest corresponding to a nominal rate of 7% p.a. compounded quarterly is Show Answer

Q378) A company establishes a sinking fund to provide for the payment ₹2,00,000 debt maturity in 20 years contribution to the fund are to be made at the end of every year. Find amount of each deposit of interest is 10% p.a? Show Answer

Q379) The CAGR of a initial value of a investment of ₹15,000 and final value of ₹25,000 in 3 years is: Show Answer

Q380) ABC Ltd. wants to lease out an asset costing ₹3,60,000 for a five year period. It has a fixed rental of ₹1,05,000 p.a. payable annually starting from the end of first year. Suppose rate of interest is 14%p.a. compounded annually on which money can be invested by the company. Is this agreement favourable to the company.[∵P(5,0.14) =3.43308] Show Answer

Q381) A sum of money is lent at C. I. Rate 20% p.a. 2 years. It would fetch Rs. 482 more if the interest is compounded half yearly. The sum is Show Answer