Arithmetichard · Past Paper
The difference between compound interest and simple interest on Rs 5000 for 2 years at 12% per annum is:
ARs 72
BRs 80
CRs 96
DRs 100
✓ Correct Answer: A — Rs 72
Difference = P(R/100)^2 = 5000(12/100)^2 = 5000(144/10000) = 5 * 14.4 = 72.
Share this question
More from Arithmetic
- If the simple interest on Rs 1 for 1 month is 1 paisa, what is the rate percent per annum?
- The ratio of the volumes of two cubes is 1:27. What is the ratio of their edges?
- Find 0.1% of 100000.
- If $x, 4, 9, 12$ are in proportion, find $x$.
- In how many years will Rs 8000 amount to Rs 9261 at 5% p.a. compounded semi-annually?