PROFIT AND LOSS - Practice Mode

1) What is the interest earned, if the principal is for Rs.12500/- maturity becomes to a amount of Rs.17500/-?

Rs.30000 Rs.25000 Rs.5000 Rs.5500

Correct Answer: Rs.5000

2) What is the matured amount for the deposit of Rs.5000/- and the simple interest earned for Rs.500/-?

Rs.4500 Rs.5500 Rs.6000 Rs.6500

Correct Answer: Rs.5500

3) What is the simple interest for the principal amount of Rs.100000 at 10% per annum for 1 year period?

Rs.1000/- Rs.5000/- Rs.50000/- Rs.10000/-

Correct Answer: Rs.10000/-

4) What is the compounded annual interest, for a loan amount of Rs.80000/- at 10% per annum for a period of 2 years?

Rs.16800/- Rs.92400/- Rs.96800/ Rs.94800/-

Correct Answer: Rs.16800/-

5) What is the compounded amount, if the principal of Rs.30000/- and interest earned at 7% per annum is Rs.4347?

Rs.30347/- Rs.32347/- Rs.33347/- Rs.34347/-

Correct Answer: Rs.34347/-

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