Q:

A) Rs.24.64 | B) Rs.21.85 |

C) Rs.16 | D) Rs.16.80 |

Answer: A) Rs.24.64

Explanation:

Explanation:

For 1st year S.I =C.I.

Thus, Rs.16 is the S.I. on S.I. for 1 year, which at 8% is thus Rs.200

i.e S.I on the principal for 1 year is Rs.200

Principle = $Rs.\frac{100*200}{8*1}$ = Rs.2500

Amount for 2 years, compounded half-yearly

$Rs.\left[2500*{\left(1+\frac{4}{100}\right)}^{4}\right]=Rs.2924.4$

C.I = Rs.424.64

Also, $S.I=Rs.\left(\frac{2500*8*2}{100}\right)=Rs.400$

Hence, [(C.I) - (S.I)] = Rs. (424.64 - 400) = Rs.24.64

2
781

3
591

Q:

A) ₹ 40000 | B) ₹ 40500 |

C) ₹ 39800 | D) ₹ 40250 |

2
707

Q:

A) Rs.250000 | B) Rs.200000 |

C) Rs.350000 | D) Rs.550000 |

0
664

Q:

A) 13270 | B) 13000 |

C) 13300 | D) 13310 |

1
3593

2
784

4
634

Q:

A) 6998.4 | B) 6960 |

C) 6784.4 | D) 6869.4 |

1
698