# Mathematics-Simple Interest and Compound Interest (NTSE Stage-2 (National-Level) Scholastic-Aptitude & Language Comprehension): Questions 1 - 3 of 3

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## Question number: 1

» Mathematics » Simple Interest and Compound Interest

MCQ▾

### 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

MCQ▾

### 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

MCQ▾

### 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

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