The value of a machine depreciates at the rate of $16\dfrac{2}{3}\%$ per annum. It was purchased 3 years ago. If its present value is ₹ 62,500, find its purchase price.

The compound interest on ₹ 3,750 for 2 years at 8% p.a., compounded annually is:

1. ₹ 604

2. ₹ 614

3. ₹ 624

4. ₹ 642

A man deposits ₹ 10,000 in a cooperative bank for 3 years at 9% p.a. If interest is compounded annually, then the amount he will get from the bank after 3 years is:

1. ₹ 12,950.29

2. ₹ 12,905.29

3. ₹ 12,059.29

4. ₹ 12,095.29

₹ 16,000 is deposited in a bank for three years. The rates of compound interest for first and second year are 8% and 12% respectively. At the end of third year the amount becomes ₹ 21,384. The rate of interest for the third year will be:

1. 7%

2. 10%

3. 11%

4. 12%