1. What amount of compound interest can be obtained on an amount of Rs 8840 at the rate of 5% per annum at the end of 3 yr? (1)
- (1) Rs 1393.405
- (2) Rs 1326
- (3) Rs 1384.50
- (4) Rs 1340
- (5) None of these
2. A tree’s height increases annually by 1/8th of its height. By how much will it’s height increase after 2.5 years, if it stands today at 10 m height? (2)
- (1) 3.2 m
- (2) 3.44 m
- (3) 3.6 m
- (4) 3.88 m
- (5) None of these
3. CI on a certain sum for 2 years is Rs. 40.80 and SI isRs. 40 for same year. What will be the rate of interest? (3)
- (1) 2%
- (2) 5%
- (3) 4%
- (4) 8%
- (5) None of these
4. A sum of Rs. 18750 is left by will by a father to be divided between two sons, 12 and 14 years of age, so that when they attain maturity at 18, the amount(P + I) received by each at 5% simple interest will be the same. Find the sum allotted at present to the younger son. (3)
- (1) Rs. 9000
- (2) Rs. 18,000
- (3) Rs. 12,000
- (4) Rs. 10,000
- (5) Rs. 15,000
5. Siddhartha has deposited a certain amount in the bank to earn compound interest at 10% per annum. The difference between the interest of the third year and second year on the amount is Rs. 1,10. What amount has Siddhartha deposited? (2)
- (1) Rs. 8500
- (2) Rs. 10,000
- (3) Rs. 9500
- (4) Rs. 11,000
- (5) Rs. 12,000