compound interest questions and answers - Interview Questions

compound interest questions and answers

Vijay invested Rs.50,000 partly at 10% and partly at 15%. His total income after a year was Rs.7000. How much did he invest at the rate of 10% ?

Answer : A. 40,000…

The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is ?

Answer : A. 20 %…

Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time ?

Answer : D. 3 years…