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Simple & Compound Interest
· Quiz🏆 Milestone Quiz — 8 Questions
Q1SI on ₹5000 at 8% per annum for 3 years is:
Q2CI on ₹10000 at 10% for 2 years (compounded annually):
Q3Who discovered e while studying compound interest?
Q4The difference CI−SI for 2 years at 10% on ₹5000 is:
Q5By Rule of 72, money doubles at 12% in approximately:
Q6CI on ₹8000 at 5% for 2 years (compounded annually):
Q7A sum doubles in 8 years at simple interest. Approx. rate per annum:
Q8The CI–SI difference on ₹4000 at 10% for 3 years is: