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 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 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

Question : If interest is being compounded half-yearly, then what sum will amount to INR 51,840 in 2 years at the rate of 40% per annum on compound interest?

Option 1: INR 25,000

Option 2: INR 15,000

Option 3: INR 20,000

Option 4: INR 30,000

Question : The difference between the compound interest, when compounded annually, and the simple interest on a certain sum of money for 2 years at 4.2% is INR 8.82. What is the sum?

Option 1: INR 4,500

Option 2: INR 2,100

Option 3: INR 5,000

Option 4: INR 3,000