Compound Interest

Study Material (PDF)
Self Assesment
Study Material (PDF)
Self Assesment

Click on each question to see answer & solution.

Question No: #11

What is the compound interest on Rs 10,000 for 9 months at 8% interest rate per annum (when the interest is compounded quaterly)?
Ans: Rs. 612.08
SEE SOLUTION

Question No: #12

Calculate the amount and compound interest on Rs `4000` in `1 1/2` years at `10%` interest rate per annum compounded half-yearly.
Ans: Rs. 4630.50, Rs. 630.50
SEE SOLUTION