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Compound interest is a common topic in bank exams and all other competitive exams. Here given compound interest problems are important from the perspective of SSC and Banking exams. So, Here are problems on compound interest with solutions in different ways which take more time to solve.
In almost all competitive examinations conducted by the central and state government, are asked questions related to compound interest under the subject of Mathematics. In the questions based on compound interest, interest is calculated on interest based on principal. Here today, I have provided questions on compounding interest to the students who are Pr...
Compound interest is considered to be the most important and difficult section of the mathematics subject, which is also called "interest on interest", in simple terms. When a period such as an annual, half-yearly, quarter is fixed to repay the borrowed amount and the interest incurred in this period is added to the principal, the amount formed becomes...
Compound interest problems asked in competitive exams usually. These compound interest problems are very important for SSC and Bank exams. So you must learn how to solve compound i
Students should learn properly the use of compound interest formula with examples for SSC and bank exams. Because compound interest questions asked often in competitive exams. These compound interest formulas are not difficult to use. You just need to learn or practice of using compound interest formulas with examples.
Here are the selective and important Compound interest questions and answers for banks exam and SSC. These Compound interest questions have been asked in competitive exams.
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A sum of ₹4000 is lent out in two parts, one at 8% simple interest and the other at 10% simple interest. If the annual interest is ₹352. The sum lent at 8% is
353 2 6343e830e76f2264c5dfc78e- 1₹2900false
- 2₹2200false
- 3₹2400true
- 4₹3100false
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Answer : 3 ₹2400
₹26100 is divided between Mohan and Shyam so that the interest that Mohan receives in 3 years is the same as that Shyam receives in 6 years. If the interest rate of 4% per annum then Mohan's share is :
383 0 6343e7991bfb042f96b00045- 1₹8,500false
- 2₹17,400false
- 3₹8,700false
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Answer : 4 ₹19,000
What will be the compound interest of Rs 160000 payable half yearly at 10% per annum in 2 years?
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Answer : 2 34481
What will be the difference between the compound interest and the simple interest on a sum of 1000 for 2 years at 5% per annum?
251 0 632296b44eed097ecb55f91e- 12false
- 22.5true
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Answer : 2 2.5
What will be the compound interest on Rs 10000 for 3 years when the rate of interest is 4% in the first year, 5% in the second year and 6% in the third year?
274 0 632294d43f5a4d2dcff4c76c- 11600false
- 21625.5false
- 31575.2true
- 42000false
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