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A sum of money invested at simple interest triples itself in 8 years and becomes n times in 20 years. What is the value of n?
CDS I 2024
5
6
7.5
9
Let x be the compound interest at the end of 3 years on a sum of ₹ 1000 at the rate of 10% compounded annually and y be the simple interest at the end of 3 years on a sum of ₹ 1000 at the annual rate of 11%. What is the difference between x and y ?
CDS I 2024
₹ 16
₹ 15
₹ 5
₹ 1
What is the difference between simple interest and compound interest on ₹ 10,000 for two years at 20% per annum compounded half-yearly?
CDS I 2023
₹ 842
₹ 756
₹ 641
₹ 542
If C is the compound interest on ₹ 10,000 for one year at 4% per annum when compounded quarterly, then which one of the following is correct ?
CDS II 2022
C < ₹ 100
₹ 100 < C < ₹ 200
₹ 200 < C < ₹ 400
C > ₹ 400
A person borrowed ₹ 10,000 at 12% rate of interest per annum compounded quarterly for a period of 9 months. What is the interest paid by him to settle his account after 9 months?
CDS II 2023
₹ 927.27
₹ 947.47
₹ 967.67
₹ 987.87
A sum invested at 7% simple interest per annum grows to Rs 540 in 5 years. The same amount at 9% simple interest per annum in 3 years will grow to be-
UPPSC RO/ARO 2024
450
520
420
508
If the rate of interest is 5%, then what would be the difference between compound interest and simple interest received on ₹ 10,000 (each) after 3 years from now?