Question : The difference between compound interest and simple interest on an amount of Rs. 14,400 for 2 years is Rs. 3600. Find the rate of interest.

Option 1: 30%

Option 2: 35%

Option 3: 10%

Option 4: 50%

Question : The difference between compound interest and simple interest on a sum of Rs. 16,000 for two years is Rs. 160. Find the per annum rate of interest.

Option 1: 12%

Option 2: 10%

Option 3: 11%

Option 4: 15%

Question : What is the difference between the compound interest and the simple interest on Rs. 2,000 at 10% interest per annum for 2 years, if, for compound interest, interest is compounded annually?

Option 1: Rs. 20

Option 2: Rs. 40

Option 3: Rs. 80

Option 4: Rs. 60

Question : The difference between compound interest and simple interest on Rs. X at 7.5% per annum for 2 years is Rs. 22.50. Find the value of X.

Option 1: Rs. 4000

Option 2: Rs. 5000

Option 3: Rs. 2000

Option 4: Rs. 1900

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 : The difference between the compound interest and the simple interest on an amount of INR 1,500 for 2 years, at a given rate of interest per annum, is INR 60. What is the rate of interest per annum, if in the case of compound interest, the interest is compounded annually?

Option 1: 20%

Option 2: 15%

Option 3: 25%

Option 4: 12.5%