HARD
8th ICSE
IMPORTANT
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In what time will amount to at per annum compound interest?

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Important Questions on Simple and Compound Interest
HARD
8th ICSE
IMPORTANT

HARD
8th ICSE
IMPORTANT
The money borrowed (lent or invested) is called _____ .

HARD
8th ICSE
IMPORTANT
The additional money paid by the borrower to the moneylender in lieu of the money used is called _____.

HARD
8th ICSE
IMPORTANT
Fill in the blanks:
In simple interest, the principal remains _____ (increases/decreases/constant) for the whole loan period.

EASY
8th ICSE
IMPORTANT
In compound interest the _____ goes on changing every conversion period.

EASY
8th ICSE
IMPORTANT
The time after which the _____ is added each time to form a new principal is called Conversion period.

EASY
8th ICSE
IMPORTANT
If the interest is compounded semi-annually then semi-annually rate is _____ of annual rate.

EASY
8th ICSE
IMPORTANT
The interest paid by the banks, post offices, insurance companies is simple interest.
