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10 questions
If marked price of an article is Rs. 1200 and the discount is 12%, then the selling price of the article is
Rs 1056
Rs 1344
Rs 1212
Rs 118
CI = P(1+100R)T−P
CI= P(1−100R)T−P
CI= P(1+100R)T+P
None of these
The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is
4000
4080
4250
5000
The population of a place increased to 54,000 in 2003 at a rate of 5% per annum. find the population in 2001
48700
46500
45000
48980
You take out a loan for Rs175,000. Which option will cost you less?
A) Simple Interest rate of 4.% over 15 years
B) Compound Interest rate of 3.5% over 15 years
Option A
Option B
they are both equal
Heather invested Rs 75,000 in a 2-year Certificate of Deposit (CD) that pays 4% interest compounded annually. What is the value of the CD at the end of the years?
Rs 81120
Rs 81230
Rs 82310
Rs 81120
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