Compound Interest

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61 What would be the compound interest accrued on an amount of 4500 ₹ at the end of 2 years at the rate of 10 % per annum ?

A
955
B
935
C
995
D
945

62 If the simple interest for a certain sum for 2 years at 5% pa is ₹ 200, then what will be the compound interest for same sum for same period and at the same rate of interest?

A
₹ 205
B
₹ 215
C
₹ 220
D
₹ 210

63 Pratap borrowed a total amount of ₹32500 from his three friends Raj, Akash and Suresh. All of his friends apply different rates of interest in such a way that Raj applies 12%, Akash applies 16% and Suresh applies 18% interest rate respectively and total he gives ₹5090 as interest. If the amount that Pratap had taken from Raj is (18/25) of the amount taken from Suresh, then find that what amount Pratap has taken from Akash?

A
₹ 10000
B
₹ 11000
C
₹ 12000
D
₹ 13000

64 Find the least number of complete year in which a sum of money put out at 20% compound interest will be more than double:

A
2yr
B
3yr
C
4yr
D
5yr

65 Sudeshna took loan from Canara Bank for his 2 years course of MBA at IMD. He took the loan of ₹ 6 lakh such that he would be charged at 8% per annum at CI during his course and at 10% CI after the completion of course. He returned half of the amount which he had to be paid on the completion of his studies and remaining after 2 years. What is the total amount returned by Sudeshna?

A
₹ 7733232
B
₹ 7000232
C
₹ 7730032
D
₹ 7733200

66 A certain sum is invested for 2 years in scheme A at 20% p.a. compound interest compounded annually. Same sum is also invested for the same period in scheme B at x%p.a. to a simple interest earned from scheme A is twice of that earned from scheme B. What is the value of x?

A
16%
B
10%
C
13%
D
11%

67 ₹ 6100 was partly invested in Scheme A at 10% pa compound interest (compounded annually) for 2 years and partly in Scheme B at 10% pa simple interest for 4 years. Both the schemes earn equal interests. How much was invested in Scheme A ?

A
₹ 4000
B
₹ 4200
C
₹ 4400
D
₹ 4500

68 Singdha invested ₹ P for 2 years in scheme A which offered 20% per annum compound interest (compound annually). He lent the interest earned from scheme A to Shubh, at the rate of 7.5% per annum simple interest. If at the end of 2 years, Subh gave ₹ 3036 to Singdha and thereby repaid the whole amount (actual loan + interest), what is the value of P ?

A
₹ 5000
B
₹ 6000
C
₹ 7000
D
₹ 8000

69 Kajal took a loan of ₹ 15,00,000 to purchase a car. The organisation charges compound interest at 20% per annum. She promised to make the payment after three years. But for the last year of loan tenure, the organisation increased the rate of interest by 25% from the previous one. Then the extra amount which she had to pay is what per cent of the amount of loan taken by her? 

A
7.3%
B
7.5%
C
7.2%
D
7.4%

70 Three persons Suraj, Sanjay and Sekh invested different amounts in a fixed deposit scheme for one year at the rate of 12% per annum and earned a total interest of ₹ 3,240 at the end of the year. If the amount invested by Sanjay is ₹ 5000 more than the amount invested by Suraj and the invested by Sekh is ₹ 2000 more than the amount invested by Sanjay, what is the amount invested by Sanjay ?

A
8,000
B
9,000
C
10,000
D
11,000