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  • Cuet Si & Ci

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    shivanshu11o3o6
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    The document contains 5 questions regarding calculation of compound interest. Each question provides values for principal (P), interest rate (R) compounded annually, and time period (T) in years and/or months. The user is asked to calculate the compound interest or total amount and select the correct answer. The questions cover a range of P and T values, interest rates from 3% to 20%, and time periods ranging from 1 year 73 days to 2 years 6 months.

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    CUET SI & CI

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    The document contains 5 questions regarding calculation of compound interest. Each question provides values for principal (P), interest rate (R) compounded annually, and time period (T) in years and/or months. The user is asked to calculate the compound interest or total amount and select the correct answer. The questions cover a range of P and T values, interest rates from 3% to 20%, and time periods ranging from 1 year 73 days to 2 years 6 months.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    14 views5 pages

    Cuet Si & Ci

    Uploaded by

    shivanshu11o3o6
    The document contains 5 questions regarding calculation of compound interest. Each question provides values for principal (P), interest rate (R) compounded annually, and time period (T) in years and/or months. The user is asked to calculate the compound interest or total amount and select the correct answer. The questions cover a range of P and T values, interest rates from 3% to 20%, and time periods ranging from 1 year 73 days to 2 years 6 months.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    SI & CI

    1. If P = 5000, R = 12% p.a compounded annually, T = 2 years. Find Compound Interest


    (a) 1200
    (b) 1260
    (c) 1272
    (d) 1280

    ANSWER: C

    Supergrads | No.1 Institute for online preparation of IPM, CUET & other alternate career entrance exams |+91-7676564400 | www.toprankers.com
    Toprankers Hybrid Centres| Bhopal/ Indore/ Jabalpur/ Jodhpur/ Ranchi/ Raipur Page 1 of 5
    2. If P = 10,000 , R= 20% p.a. compounded annually, T = 2 years 6 months. Find Amount
    (a) 15840
    (b) 15860
    (c) 15850
    (d) 15870

    ANSWER: A

    Supergrads | No.1 Institute for online preparation of IPM, CUET & other alternate career entrance exams |+91-7676564400 | www.toprankers.com
    Toprankers Hybrid Centres| Bhopal/ Indore/ Jabalpur/ Jodhpur/ Ranchi/ Raipur Page 2 of 5
    3. If P = 18000, R = 16.66% p.a. compounded annually, T = 1 year 73 days. Find compound interest
    (a) 3700
    (b) 3800
    (c) 3850
    (d) 3900

    ANSWER: A

    Supergrads | No.1 Institute for online preparation of IPM, CUET & other alternate career entrance exams |+91-7676564400 | www.toprankers.com
    Toprankers Hybrid Centres| Bhopal/ Indore/ Jabalpur/ Jodhpur/ Ranchi/ Raipur Page 3 of 5
    4. If P = 7.3 lacs, R = 10% p.a. compounded annually, T = 2 years 2 days. Find Compound interest
    (a) 153787
    (b) 153785
    (c) 153786
    (d) 153784

    ANSWER: D

    Supergrads | No.1 Institute for online preparation of IPM, CUET & other alternate career entrance exams |+91-7676564400 | www.toprankers.com
    Toprankers Hybrid Centres| Bhopal/ Indore/ Jabalpur/ Jodhpur/ Ranchi/ Raipur Page 4 of 5
    5. If P = 20000, R = 3% p.a. compounded annually, T = 2 years and 3 months. Find compound interest
    (a) 1377.153
    (b) 1377.135
    (c) 1377.113
    (d) 1377.125

    ANSWER: B

    Supergrads | No.1 Institute for online preparation of IPM, CUET & other alternate career entrance exams |+91-7676564400 | www.toprankers.com
    Toprankers Hybrid Centres| Bhopal/ Indore/ Jabalpur/ Jodhpur/ Ranchi/ Raipur Page 5 of 5

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