Question : Albert invested an amount of $x$ rupees in a fixed deposit scheme offering 10% per annum for the first year and 15% per annum for the second year and received an amount of Rs. 20,240 after two years. What is $x$ (in Rs.)?

Option 1: 15,000

Option 2: 16,000

Option 3: 14,000

Option 4: 18,000

Question : The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. The rate of interest per annum is:

Option 1: 6%

Option 2: 7%

Option 3: 8%

Option 4: 9%

Question : An amount fetched a total simple interest of Rs. 3200 at the rate of 6.25% per year over 4 years. What is the amount (in rupees)?

Option 1: 13800

Option 2: 11800

Option 3: 12800

Option 4: 14800

Question : The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees):

Option 1: 11,320

Option 2: 12,000

Option 3: 12,320

Option 4: 12,500

Question : The compound interest earned in two years at 15% per annum is Rs. 20,640. What is the sum invested (in Rs.)?

Option 1: 64000

Option 2: 60000

Option 3: 56000

Option 4: 52000

Question : If a sum of Rs. 12,500 is invested for 1 year at 12% per annum interest is compounded semi-annually, then the interest earned is:

Option 1: Rs. 1,505

Option 2: Rs. 1,535

Option 3: Rs. 1,545

Option 4: Rs. 1,550