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Posted By: nemo       Member Level: Diamond       Posted Date: 23 Jun 2007       Category: Aptitude Test

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the same rate and for the same time?



Select Answer:

Rs. 51.25
Rs. 52
Rs. 54.25
Rs. 60




      
Your Test Score: 0 / 0



Next Question: What will be the difference between simple and compound interest @ 10% per annum on a sum of Rs. 1000 after 4 years?
Previous Question: In how many years will a sum of Rs. 800 at 10% per annum compounded semi-annually become Rs. 926.10?
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