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A tape recorder is sold for 3500₹ cash, or
1000 ₹cash down payment and the balance in three equal easy installments. If 12 1/2% is the rate of interest compounded annually, find the amount of installment.
Correct Answer Is : 1049.83₹ A certain sum when invested at 5% interest compounded annually for 3 years yields an interest of Rs.2,522. Find the Principal? Correct Answer Is : Rs. 16,000 Find the difference between SI and CI on Rs2000 in 2 yr at 6% per annum. Correct Answer Is : Rs 7.20 Anil lent Rs 1000 to soured for 4yr and Rs 3000 to Vinod for 2 yr. If he received Rs 900 as simple interest altogether, the rate of interest is Correct Answer Is : 9% A sum of 800 becomes 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, What amount will the same sum become is 3 years ? Correct Answer Is : 1052 A certain sum amounts to 1725 at 15% per annum at simple interest and 1800 in the same time at 20% per annum at simple interest. Find the sum. Correct Answer Is : 1500 A sum of money amounts to Rs. 1,352 in 2 years at 4% per annum of compound interest.
The sum is Correct Answer Is : Rs. 1,250 A sum of money lent at simple interest amounts to Rs. 880 in 2 years and to Rs. 920 in 3
years. The sum of money (in rupees) is Correct Answer Is : 800 At a certain rate of simple interest, a certain sum of money becomes double of itself in 10
years. It will become treble of itself in Correct Answer Is : 20 years A man invests half his capital at the rate of 10% per annum, onethird
at 9% and the rest
at 12% per annum. The average rate of interest per annum, which he gets, is Correct Answer Is : 0.1