Compound Interest Questions and Answers updated daily – Aptitude
15 Compound Interest Questions and answers section with explanation for various online exam preparation, various interviews, Aptitude Compound Interest online test. Compound Interest Questions with detailed description, explanation will help you to master the topic.
Compound Interest Questions
1. On a sum of money, simple interest for 2 years is Rs 660 and compound interest is Rs 696.30, the rate of interest being the same in both cases
2. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 1. Find the sum
6. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is
14. Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.