## Lakshya Education MCQs

Question:

1. A sum of money becomes 4 times itself in 2 years at compound interest. The rate of interest is

Options:
 A. 50 % B. 75 % C. 100 % D. none of these

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## More Questions on This Topic :

Question 1.

1. The compound interest on Rs 16000 at 20% p.a. for 9 months, compounded quarterly is

Options:
1.    Rs 2225
2.    Rs 2325
3.    Rs 2522
4.     none of these
Question 2.

1. What is the amount payable after two years if Rs 10,000 is borrowed at the rate of interest of 5 paise per rupee per annum, compounded annually?

Options:
1.    Rs 10025
2.    11025
3.    12025
4.     none of these
Question 3.

1. How much more would Rs 20,000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if it is put at 20% p.a. compound interest payable yearly?

Options:
1.    Rs 424
2.    Rs 482
3.    Rs 524
4.    Rs 582
Question 4.

1. An amount deposited on compound interest becomes Rs 5700 after three years and Rs 6000 after four years. After 5 years this amount will become

Options:
1.    Rs 6316
2.    Rs 6316
3.    Rs 6132
4.    none of these
Question 5.

1. Every year an amount increases by th of itself. How much will it be after two years if its present value is Rs 64000?

Options:
1.    Rs 80000
2.    Rs 81000
3.    Rs 82000
4.    Rs 83000