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Posted By: nazikha       Member Level: Gold       Posted Date: 28 Sep 2008       Category: Aptitude Test

What will be the difference between simple and compound interest@ 10% per annum on a sum of Rs.1000 after 4 years ?



Select Answer:

Rs.31
Rs.32.10
Rs.40.40
Rs.64.10
None of these



      
Your Test Score: 0 / 0



Next Question: 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?
Previous Question: The difference between simple interest and compound interest on Rs.1200 for one year at 10% per annum reckoned half-yearly is?
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