Question : The interest accrued on INR 12,000 in two years, when interest is compounded annually, is INR 3,870. What is the rate of interest per annum?

Option 1: 12.5%

Option 2: 10%

Option 3: 20%

Option 4: 15%

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 : 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%

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 : What is the interest payable on INR 12,000 for 3 months at the rate of 10% per annum, if interest is compounded quarterly?

Option 1: INR 250

Option 2: INR 200

Option 3: INR 300

Option 4: INR 350