Simple And Compound Interest Including Annuity - Applications
20
Questions
I
By Sweetsalman123
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Question Excerpt
| 1. | If A = Rs. 1000, n = 2 years, R=6% p.a compound interest payable half-yearly, then principal ( P ) is |
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| 2. | The present value of an annuity of Rs. 80 a years for 20 years at 5% p.a is |
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| 3. | The time by which a sum of money would treble it self at 8% p. a C. I is |
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P = Rs. 8500, A = Rs. 10200, R = 12 % SI, t will be
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| 5. | A machine is depreciated at the rate of 20% on reducing balance. The original cost of the machine was Rs. 100000 and its ultimate scrap value was Rs. 30000. The effective life of the machine is |
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| 6. | The effective rate of interest corresponding a nominal rate of 7% p.a convertible quarterly is |
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| 7. | If P = 1000, n = 4 yrs., R = 5% p.a then C. I will be |
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| 8. | If P = Rs. 4500, A = Rs. 7200, than Simple interest i.e. I will be |
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| 9. | Mr. Paul borrows Rs. 20000 on condition to repay it with C.I. at 5% p.a in annq installments of Rs. 2000 each. The number of years for the debt to be paid off is |
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| 10. | A person desires to create a fund to be invested at 10% CI per annum to provide for a prize of Rs. 300 every year. Using V = a/I find V and V will be |
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| 11. | S.I on Rs. 3500 for 3 years at 12% per annum is |
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| 12. | A company borrows Rs. 10000 on condition to repay it with compound interest at 5%p.a. by annual installments of Rs. 1000 each. The number of years by which the debt will be clear is |
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| 13. | The C.I on Rs. 40000 at 10% p.a for 1 year when the interest is payable quarterly is |
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| 14. | The amount of an annuity certain of Rs. 150 for 12 years at 3.5% p.a C.I is |
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| 15. | A person invests Rs. 500 at the end of each year with a bank which pays interest at 10% [Given lc a C.I. annually. The amount standing to his credit one year after he has made his yearly investment for the 12th time is. |
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| 16. | The present value of annuity of Rs. 5000 per annum for 12 years at 4% p.a C.I. annually is |
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| 17. |
A = Rs. 1200 n = 12 yrs i = 0.08 v = ?Using the formula value of v will be
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| 18. | The difference between C.I and S.I on a certain sum of money invested for 3 years at 6% p.a is Rs. 110.16. The sum is |
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| 19. |
P = 5000, R = 15, T = 4  using I = PRT/100,I will be
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| 20. | The C.I on Rs. 16000 for 1 Vi years at 10% p.a payable half -yearly is |
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