Mathematics
₹ 4000 amounts to ₹ 5017.60 in two months at compound interest compounded per month. The rate of interest per month is :
12%
15%
10%
20%
Related Questions
On a certain sum, the compound interest accrued in one year is ₹ 550. If the rate of interest is 10%, the sum is :
₹ 5000
₹ 6000
₹ 4500
₹ 5500
₹ 4000 amounts to ₹ 4600 in one year at compound interest compounded yearly. The rate of interest is :
15%
12%
10%
20%
Find the amount and the compound interest on ₹ 12000 in 3 years at 5%; interest being compounded annually.
Calculate the amount, if ₹ 15000 is lent at compound interest for 2 years and the rates for the successive years are 8% p.a. and 10% p.a. respectively.