Question : A bank offers 15% compound interest per half year. A customer deposits Rs. 2400 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:

Option 1: Rs. 2268

Option 2: Rs. 1134

Option 3: Rs. 567

Option 4: Rs. 283

Question : Rs. 6000 is lent at the rate of 20% per annum on compound interest (compounded half yearly). What will be the compound interest of 18 months?

Option 1: Rs. 1825

Option 2: Rs. 1986

Option 3: Rs. 1876

Option 4: Rs. 2036

Question : A person borrowed Rs. 8000 on compound interest at the rate of 20% per annum. If the interest is compounded half-yearly, then what will be the amount to be paid after 1.5 years?

Option 1: Rs. 10,648

Option 2: Rs. 11,488

Option 3: Rs. 10,825

Option 4: Rs. 9,865

Question : A certain sum was invested at the rate of 10% for 2 years at Compound interest and compounded annually. The same sum was invested for the same period and the same rate of interest at Simple interest. If the difference between Compound interest and Simple interest was Rs. 200 find the sum.

Option 1: Rs. 30,000

Option 2: Rs. 25,000

Option 3: Rs. 22,000

Option 4: Rs. 20,000

Question : The amount of Rs. 25,000 in 2 years at annual compound interest, if the rates for the successive years are 4% and 5% per annum respectively is:

Option 1: Rs. 30,000

Option 2: Rs. 26,800

Option 3: Rs. 27,300

Option 4: Rs. 28,500

Question : The difference between the compound interest (compounding half-yearly) for 1 year and the simple interest for 1 year on a certain sum lent out at the annual rate of 10% is Rs, 25. What is the sum?

Option 1: Rs. 12000

Option 2: Rs. 6000

Option 3: Rs. 8000

Option 4: Rs. 10000