DP CONSTABLE DRIVER INTEREST QUIZ-2

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Question 1:

A sum of Rs 24,000 is lent at $10 \%$. P.a. compound interest what is the Difference between the compound interest (in Rs.) for $3^{\text {rd }}$ year and $4^{\text {th }}$ year?

Question 2:

The difference between the compound interest and the simple interest on a sum of Rs. 28,000 for 2 years at the rate of $4 \% \mathrm{p} . \mathrm{a} .$, is ___rupees:

Question 3:

In how much time will the simple interest on a certain sum of money be $\frac{6 }{5}$ times of the sum at $20 \%$ per annum?

Question 4:

The simple interest on a sum of money is $\frac{1}{9}$ th of the principal and the number of years is equal to the rate percent per annum. The rate percent per annum is equal to:

Question 5:

A sum is lent out for 2 years. The rate of interest is $4 \%$ for first year and $7 \%$ for the second year. If difference of the compound and simple interest is Rs.84. Find out the sum?

Question 6:

Amount received at, $10 \%$ per annum compound Interest after 3 years is Rs 31944 . What was the Principle (in rupees)?

Question 7:

Anil borrows Rs. 6400 from Ajay at simple interest at the rate of $13 \%$ per annum. What amount of money (in rupees) should Anil pay to Ajay after 5 years to clear the debt?

Question 8:

If the difference of the CI and the SI on a sum of money for 3 years is Rs 770 . What is the sum of money, if the rate of interest) in both case be $8 \%$ ? (in Rupees)

Question 9:

If the compound interest on a sum for 2 years at $12 \frac{1}{2} \%$ per annum is Rs. 510, the simple interest on the same sum at the same rate for the same period of time is :

Question 10:

What will be the simple interest on a sum of Rs 2000 at the rate of $8.25\%$ per annum from 7 february 2022 to 20 april 2022?