compound interest worksheet answers - Interview Questions

compound interest worksheet 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…

Rs.5887 is divided between Shyam and Ram, such that Shyam’s share at the end of 9 years is equal to Ram’s share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam ?

Answer : C. 3087…