Question : A loan is to be returned in two equal yearly instalments. If the rate of interest is 10% p.a. compounded annually and each instalment is INR 5,808, then 60% of the total interest (nearest to INR) charged in this scheme is:

Option 1: 917

Option 2: 911

Option 3: 922

Option 4: 913

Question : A loan is to be returned in two equal yearly instalments. If the rate of interest is 10% p.a., compounded annually, and each instalment is INR 5,808, then the total interest charged in this scheme is:

Option 1: INR 1,563

Option 2: INR 1,536

Option 3: INR 1,632

Option 4: INR 1,602

Question : Rajnish borrowed INR 1,500 from a bank and repaid the entire amount with interest in two equal annual instalments, the first instalment being paid a year after Rajnish borrowed from the bank. If the rate of interest was 40% per annum, compounded annually, then what was the value (in INR) of each instalment paid by Rajnish?

Option 1: 1125

Option 2: 1470

Option 3: 1225

Option 4: 1350

Question : Rahul invested equal sums of money at compound interest under two schemes A and B. Under scheme A, the interest rate was 10% per annum, and under scheme B, the interest rate was 12% pa. The compound interest after two years on the sum invested in scheme A was INR 1,050. How much is the interest earned under scheme B after two years, if the interest is compounded annually in both schemes?

Option 1: INR 1,722

Option 2: INR 1,270

Option 3: INR 1,272

Option 4: INR 1,372

Question : The compound interest on a sum of INR 20,000 at 15% p.a. for $2\frac{2}{3}$ years, interest compounded yearly, is:

Option 1: INR 9,098

Option 2: INR 8,896

Option 3: INR 9,000

Option 4: INR 9,095

Question : A sum of INR 10,500 amounts to INR 13,650 in 2 years at a certain rate percent per annum simple interest. The same sum will amount to what in 1 year at the same rate if the interest is compounded half yearly (nearest to INR 1 )?

Option 1: INR 12,124

Option 2: INR 12,134

Option 3: INR 12,143

Option 4: INR 12,314