Question : The difference between the simple and compound interest on a certain sum of money at an $8\%$ rate of interest per annum for two years is INR 56. Find the sum.

Option 1: INR 8750

Option 2: INR 7058

Option 3: INR 7805

Option 4: INR 8057

Question : On a sum of money for 2 years compound interest and simple interest are INR 550 and INR 500. Find the rate of interest (per annum).

Option 1: 40%

Option 2: 10%

Option 3: 20%

Option 4: 30%

Question : The simple interest on a sum of money in 6 years at the rate of 15% per annum is INR 1,440 less than the simple interest accrued on the same sum in 9 years at 18% per annum. What is the sum of money (in INR)?

Option 1: 1800

Option 2: 2000

Option 3: 2700

Option 4: 2400

Question : Compound interest on a certain sum of money invested for 1.5 years at the rate of 10% per annum, compounded half-yearly is INR 5,044. What is the sum?

Option 1: INR 32,000

Option 2: INR 37,044

Option 3: INR 33,000

Option 4: INR 22,000

Question : If the difference between the simple interest and the compound interest for 3 years at the rate of 10% per annum on a certain sum is equal to Rs. 310, then that sum of money is:

Option 1: Rs. 8,000

Option 2: Rs. 9,500

Option 3: Rs. 12,000

Option 4: Rs. 10,000