Arithmetic Aptitude :: Compound Interest
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If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?
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The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
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The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
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The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is:
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C.I. = Rs. (551.25 - 500) = Rs. 51.25
15000[