
The difference between simple interest and compound interest on Rs.1500 for 1yr at 8% per annum reckoned half-yearly is
Rs.2.15
Rs.2.75
Rs.2.40
Rs.2.90

Important Questions on Percentages




What is the ratio of simple interest earned on certain amount at the rate of p.a. for years and that for years ?
1.
2.
3.
4.

What will be the simple interest on a sum of Rs. 10000 after 3 years at the rate of 7.3% per annum?
(A) Rs. 2,190
(B) Rs. 2,19,000
(C) Rs. 2,200
(D) Rs. 2,180

A sum of becomes in years at a certain rate of compound interest. What will be the sum (in ) after years?


On a certain principal, simple interest amounts to Rs. 1000 in 1 year at the rate of 10% p.a. What will be the effective rate of interest if the same is compounded on a half-yearly basis?
1. 10.10
2. 10.15
3. 10.20
4. 10.25












