Class VIII

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
  1. Rs. 2.50
  2. Rs. 3
  3. Rs. 3.75
  4. Rs. 4
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
  1. Rs. 1650
  2. Rs. 1550
  3. Rs. 1750
  4. . Rs. 2000
The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
  1. 8
  2. 10
  3. 12
  4. Cannot be determined
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:
  1. 625
  2. 630
  3. 640
  4. 650
The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:
  1. . 2
  2. 2 1 2
  3. 3
  4. 4
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