Tube lessons

1)

The amount that a person will receive if he deposits Rs 4000 for 3 years at 10% per annum, compounded annually is

Rs 1200
Rs 5328
Rs 5324
Rs 2324

2)

The compound interest on Rs 4500 for \(2\frac{1}{2}\) years at 12% per annum compounded annually is, approximately

Rs 1484
Rs 1483
Rs 1480
Rs 2483.50

3)

A sofa set was sold for Rs 12000 on credit. The rate of interest for the first year is 5%, for the second year is 10% and for the third year is 15%. How much will it cost if the buyer pays the amount offer 3 years.

Rs 14939
Rs 16039
Rs 15390
Rs 15939

4)

The compound amount on Rs 400 after 2 years is Rs 441. The annual rate of compound interest is

15%
7.5%
10%
5%

5)

The difference between the simple interest and compound interest on Rs 200 is

Rs 1
Rs 1.5
Rs 2
Rs 2.50

Mathematics

Eight Standard

Test your understanding of this lesson Compound interest | Part-1:-

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