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Posted By: nazikha       Member Level: Gold       Posted Date: 28 Sep 2008       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: Find the compound interest on Rs.15,625 for 9 months at 16% per annum compounded quarterly?
Previous Question: What will be the difference between simple and compound interest@ 10% per annum on a sum of Rs.1000 after 4 years ?
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