Question : The compound interest on INR 18,000 at 7% per annum, compounded annually, is INR 1,260. What is the period?

Option 1: 1 year

Option 2: 2 years

Option 3: 3 years

Option 4: 4 years

Question : The simple interest on a certain sum of money for 2 years at 7% per annum is double the compound interest on INR 1,000 for 2 years at 10% per annum, compounded annually. What is the sum placed on simple interest?

Option 1: INR 1,000

Option 2: INR 2,000

Option 3: INR 3,000

Option 4: INR 4,000

Question : The compound interest received on INR 18,000 for 2 years is INR 7,920 when the interest is compounded annually. What is the rate of interest per annum?

Option 1: 15%

Option 2: 12.5%

Option 3: 20%

Option 4: 25%

Question : On a certain sum of money, the simple interest for 2 years is INR 150 at the rate of 10% per annum. What is the difference between compound interest and simple interest for 2 years if, in the case of compound interest, interest is compounded annually at the rate of 10% per annum?

Option 1: INR 5

Option 2: INR 10

Option 3: INR 7.5

Option 4: INR 12.5

Question : Raja borrowed INR 15,000 on simple interest at the rate of 13% per annum and lent it on compound interest at the rate of 15% per annum, compounded annually. What is Raja's gain in two years?

Option 1: INR 1,080.00

Option 2: INR 1,125.00

Option 3: INR 937.50

Option 4: INR 865.50

Question : The difference between the simple interest and the compound interest at the same rate for INR 32,000 for 2 years is 80. What is the rate of interest, if in the case of compound interest, interest is compounded annually?

Option 1: 8% per annum

Option 2: 2% per annum

Option 3: 5% per annum

Option 4: 12% per annum