Question : What will be the compound interest on Rs. 21000 at the rate of 10% per annum for 6 months compounded half-yearly?

Option 1: Rs. 1680

Option 2: Rs. 1050

Option 3: Rs. 1850

Option 4: Rs. 1250

Question : What will be the simple interest on a principal of Rs. 980 for 4 years at the rate of 12% per annum?

Option 1: Rs. 430.40

Option 2: Rs. 470.40

Option 3: Rs. 460.40

Option 4: Rs. 380.40

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 : At what rate of compound interest per annum, a sum of Rs. 20,000 becomes Rs. 23,152.50 in 1 year and 6 months compounded half-yearly?

Option 1: 10% per annum

Option 2: 5% per annum

Option 3: 12% per annum

Option 4: 8% per annum

Question : Jaya invested Rs. 14800 at 8.5% per annum on simple interest. The interest earned after 6 months is:

Option 1: Rs. 642

Option 2: Rs. 598

Option 3: Rs. 629

Option 4: Rs. 580