MathematicsSimple Interest and Compound Interest (NTSE Stage2 (NationalLevel) ScholasticAptitude & Language Comprehension): Questions 1  3 of 3
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Question number: 1
» Mathematics » Simple Interest and Compound Interest
Question
The difference between the simple interest (SI) and compound interest (CI) for 2 years at 4 % per annum is Rs. 20. The principal will be
Choices
Choice (4)  Response  

a.  Rs. 12500 

b.  Rs. 12800 

c.  Rs. 11000 

d.  Rs. 11500 

Question number: 2
» Mathematics » Simple Interest and Compound Interest
Question
If the simple interest for a certain sum at 7 % per annum for 2 years is Rs. 400. What will be the difference between the compound interest and simple interest?
Choices
Choice (4)  Response  

a.  Rs. 14 

b.  Rs. 16 

c.  Rs. 12 

d.  Rs. 10 

Question number: 3
» Mathematics » Simple Interest and Compound Interest
Question
If the rate of simple interest is 12 % per annum, the amount that would fetch interest of Rs. 6000 per annum is
Choices
Choice (4)  Response  

a.  Rs. 7200 

b.  Rs. 45000 

c.  Rs. 50000 

d.  Rs. 72000 
