The difference between the amount of compound interest and simple interest accru

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The difference between the amount of compound interest and simple interest accrued on an amount of Rs. 26000 at the end of 3 years is Rs. 2994.134. What is the rate of interest p.c.p.a ?

Answer: Option B

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Question 1. A sum of money becomes eight times in 3 years, If the rate is compounded annually. In how much time will the same amount....amount at the same compound rate become sixteen times ?

Question 2. A sum of money placed at compound interest double itself in 4 years. In how many years will it amount to four times itse....many years will it amount to four times itself ?

Question 3. A money lender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum c....a year. The amount of money be borrows, is ?

Question 4. The compound interest on Rs. 30000 at 7% per annum for a certain time is Rs. 4347. The times is = ?....

Question 5. The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is = ?....

Question 6. 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 7. 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 ?

Question 8. A sum of money at compound interest amounts to thrice of itself in 3 years. In how many years it will be 9 times of itse....how many years it will be 9 times of itself?

Question 9. A father left a will of Rs. 16400 for his two sons aged 17 and 18 years. They must get equal amount when they are 20 yea....Find the present share of the younger son = ?

Question 10. A sum of money put at compound interest amounts in 2 years to Rs. 672 and in 3 years Rs. 714. The rate of interest per a....714. The rate of interest per annum is = ?

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