1. What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest? (c)
a. Rs.1200
b. Rs.1225
c. Rs.1250
d. Rs.1300
2. If Raja paid total amount of Rs.324.48 after 2 years with compound interest at 4% per annum, then the principal amounts taken by Raja must be (a)
a. Rs.300
b. Rs.320
c. Rs.310
d. Rs.316
3. If Inflation increases at a rate of 8 p.c.p.a What will a Rs.20 article cost at the end of two years? (d)
a. between Rs,20 and Rs.21
b. between Rs.21 and Rs.22
c. between Rs.22 and Rs.23
d. between Rs.23 and Rs.24
4. The principal that amount to Rs.4913 in 3 years at per annul compound interest compounded annually is (a)
a. Rs.4096
b. Rs.4085
c. Rs.4076
d. Rs.3096
5. If a sum of Rs.1000 deposited at compound interest double after 4 years.After 20 years, it will become (d)
a. Rs.20,000
b. Rs 24,000
c. Rs.28,000
d. Rs.32,000
