A. Rs. 400

B. Rs. 408

C. Rs. 450

D. Rs. 500

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Q2 - If Rs. 500 amounts to Rs. 583.2 in 2 years compounded annually, find the rate of interest per annum ?

A. 5 %

B. 8 %

C. 10 %

D. 4 %

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Q3 - Find the compound interest on Rs. 20000 at 8 % per annum for 9 months compounded annually?

A. Rs. 1200

B. Rs. 1224

C. Rs. 1250

D. Rs. 1150

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Q4 - Find the compound interest on Rs. 15000 in 3 years at 5 % per annum, the interest being compounded half yearly?

A. Rs. 2300

B. Rs. 2250

C. Rs. 2395.40

D. Rs. 2295.40

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Q5 - Find compound interest on Rs. 8000 at 5 % per annum for 3 years, compounded annually?

A. Rs. 1250

B. Rs. 1261

C. Rs. 1200

D. Rs. 1150

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Q6 - What will be the ratio of simple interest earned by a certain amount at the same rate of interest for 2 years & for 4 years ?

A. 2 : 1

B. 1 : 2

C. 1 : 3

D. Cannot determind

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Q7 - At what rate of interest, a sum of Rs. 15000 will be Rs. 17625 in 5 years?

A. 3 %

B. 3.5 %

C. 4 %

D. 4.5 %

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Q8 - What will be the simple interest on an amount of Rs. 2000 in 3 years at interest 4% per annum?

A. Rs. 220

B. Rs. 240

C. Rs. 250

D. Rs. 280

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Q9 - How much time will it take for an amount of Rs. 1500 to get Rs. 225 as interest at 5% per annum of simple interest ?

A. 1 year

B. 2 years

C. 4 years

D. 3 years

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