What is the difference between the compound interests on Rs. 5000 for 1 ye

Sail E0 Webinar

Question

What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?

Options:

A . Rs. 2.04

B . Rs. 3.06

C . Rs. 4.80

D . Rs. 8.30

Answer: Option A

Submit Your Solution Below and Earn Points !

Next Question

Submit Solution

More Questions on This Topic :

Question 1. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doub....at 20% compound interest will be more than doubled is:

Question 2. Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. H....amount will Albert get on maturity of the fixed deposit?

Question 3. . The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:....

Question 4. . 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 ....same at the same rate and for the same time?

Question 5. . The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearl....for one year at 10% per annum reckoned half-yearly is:

Question 6. . Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 f....10% per annum. The sum placed on simple interest is:

Question 7. . The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. Wh....Rs. 96. What is the rate of interest per annum?

Question 8. . The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same s....the time at half the rate percent per annum is:

Question 9. . What is the rate of interest p.c.p.a.? I. An amount doubles itself in 5 years on simple interest. II. Diffe....400. III. Simple interest earned per annum is Rs. 2000.

Question 10. . What will be the compound interest earned on an amount of Rs. 5000 in 2 years? I. The simple interest on the s....becomed more than double on compound interest in 10 years.

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Chapter 3.1 : Overview of Finance & Accounts Department Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024

Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024

Chapter 1.1 : Personnel Functions- An overview Chapter 1 : Personnel Management SAIL E0 - GFM 2024

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024

CBT Mixed Test 1 GPOE/GPA SAIL E0 2024