On a certain sum of money, the difference between the compound interest for a ye

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On a certain sum of money, the difference between the compound interest for a year payable half yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is = ?

Options:

A . Rs. 60000

B . Rs. 72000

C . Rs. 62000

D . Rs. 54000

Answer: Option B

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Question 1. The difference between the amount of compound interest and simple interest accrued on an amount of Rs. 26000 at the end ....Rs. 2994.134. What is the rate of interest p.c.p.a ?

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

Question 7. A sum of Rs. 8000 will amount to Rs. 8820 in 2 years if the interest is calculated every year. The rate of compound inte....every year. The rate of compound interest is = ?

Question 8. The compound interest on a certain some of money for 2 years at 10% per annum is Rs 420. The simple interest on the same....same rate and for the same time will be ?

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