Have an account?
Skip to Content
Build your own quiz
10 questions
Show Answers
See Preview
- 1. Multiple ChoiceThe period of 9 months is taken as how many quarters?3249⁄4
- 2. Multiple ChoiceIf the interest is compounded quarterly, the rate of interest is taken as___R%R⁄2 %R⁄4 %4R%
- 3. Multiple ChoiceThe time period for the same taken for 18 months at 6% per annum compounded half yearly is __________ half years3246
- 4. Multiple ChoiceWhen the Compound interest is compounded half yearly the time is taken as____2nn⁄2n2n+2
- 5. Multiple ChoiceA machinery worth ₹10500 depreciated at 5%. To find the value after one year, R has to be taken as ___-5%5%10%-50%
- 6. Multiple ChoiceWrite 'TRUE' or 'FALSE'
Simple interest and compound interest are same except for the first conversion periodTRUEFALSE - 7. Multiple ChoiceIf ₹ 60000 is invested at an interest rate of 12% per annum compounded half yearly, to calculate the amount after 1 year, Rate of interest is to be taken as ______________12%6%4%3%
- 8. Multiple ChoiceAn amount of ₹80000 is compounded in two ways : i) compounded annually ii) compounded half yearly at 10% per annum. The amount is calculated after 18 months. Choose the correct answerAmount compounded annually > amount compounded half yearlyAmount compounded annually < amount compounded half yearly
- 9. Multiple Choice
TRUEFALSE - 10. Multiple ChoiceThe population of a city is 12500. If the annual birth rate is 3.3% and the annual death rate is 1.3%, the calculate the population after 3 years, rate of increase is to be taken as___3.3%2%4.6%None of the above
- Answer choicesTagsAnswer choicesTags