Question : What is the present value of Rs. 10,000 received in 2 years if the interest rate is 12% per year discounted semi-annually?

Option 1: Rs. 7,020.94

Option 2: Rs. 7,900.90

Option 3: Rs. 7,920.94

Option 4: Rs. 7,900.94

Question : The compound interest on Rs. 24000 at 10% per annum for $1\frac{1}{2}$ years, interest being compounded semi-annually is:

Option 1: Rs. 3783

Option 2: Rs. 3777

Option 3: Rs. 3780

Option 4: Rs. 3781

Question : Deepak lent Rs. 8800 to Jaichand for 13 years and Rs. 5500 to Kapil for 12 years on simple interest at the same rate of interest and received Rs.14432 in all from both of them as interest. The rate of interest per year is:

Option 1: 8.5 percent

Option 2: 9 percent

Option 3: 9.5 percent

Option 4: 8 percent

Question : If a sum of Rs. 12,500 is invested for 1 year at 12% per annum interest is compounded semi-annually, then the interest earned is:

Option 1: Rs. 1,505

Option 2: Rs. 1,535

Option 3: Rs. 1,545

Option 4: Rs. 1,550

Question : The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees):

Option 1: 11,320

Option 2: 12,000

Option 3: 12,320

Option 4: 12,500

Question : The difference between simple and compound Interest compounded annually on a certain sum of money for 2 years at 4% per annum is Rs. 8. The sum is:

Option 1: Rs. 10,000

Option 2: Rs. 20,000

Option 3: Rs. 5,000

Option 4: Rs. 15,000