The compound interest (In ₹) on ₹ $12000$ for $9$ months at $20 \%$ per annum, interest being compounded quarterly, is
$1891.50$
$1901.50$
$1791.50$
None of these
Divide $Rs. 2602$ between $X$ and $Y$, so that the amount of $X$ after $7 \,yr$ is equal to the amount of $Y$ after $9 \,yr$, the interest being compounded at $4 \%$ pa.
What is the difference between the simple and the compound interest (In ₹) on ₹ $7,300$ at the rate of $6$ $p.c.p.a.$ in $2$ years?
A sum of money lent at compound interest for $2 \,yr$ at $20 \%$ pa would fetch $Rs. 964$ more, if the interest was payable half-yearly than if it was payable annually. What is the sum (In $Rs.$) ?
What would be the compound interest (In $Rs.$) accrued on amount of $Rs. 7400$ @ $13.5$ $p.c.p.a.$ at the end of $2$ years? (rounded off to two digits after decimal)
The difference between simple and compound interest on sum of $10000$ is $64$ for $2$ years. Find the rate of interest.