Find the difference between simple interest and compound interest for 2 years at 10% per annum, where the interest is compounded semi-annually, on Rs.8000?

ind the missing quantity against each of the following:

i) P = Rs.4500, t = 4 years, A = Rs.6000 , r = ?

ii) I = Rs.800, r = 0.08, P = Rs.1000, t = ?

iii) P = Rs. 8000, t = 8 years, r = 6%, A = ?

iv) A = 2P, t = 6 years, r =?

How long will it take money to double itself if it is invested at the interest rate of 10% compounded annually?

Find the simple interest paid on Rs.2000 at 7% rate of interest in 4 years?

Suppose some of your bill of Rs.1500 is due from 5 years at a simple interest 5% per annum. Then what amount will you have to deposit now?

If you borrow Rs.5000 at 4% rate of simple interest quarterly, how much must you

repay at the end of 15 months?

In how much time will simple interest be 1/4th of the principal at the rate of 10% per annum?

A sum of money becomes Rs.18522 in 3 years and Rs.19448.10 in 4 years at the same rate of interest when the interest is compounded annually. Find the sum and the rate of interest per annum.

Suppose you are offered the following two schemes by the bank. Then in which scheme you would prefer to deposit and why?

i) Rs.10000 deposited for 5 years at 4% per annum, or

ii) Rs.8000 deposited for 6 years at 5% per annum?

Find the rate of interest at which Rs.8000 amounts to Rs.9261 in 3 years, if the interest is compounded annually.

A page from the passbook of saving bank account is given below:

The account is closed on 15th Jan.2003 . Find the amount received if the rate of interest is 5% per annum?

Surbhi deposited three different sums in three different schemes, which are given below. Find the compound interest in each of the following.

i) P = Rs.10000, n=4, r = 6%

ii) P = Rs.5000, n=3, r=10%

iii) P = Rs.4000, n=2, r=12%

Rajni purchases National saving certificates (NSC) for Rs.10000. Find the rate of interest, if she gets double the amount after 6 years.

If you invest Rs.5000 at an annual rate of interest of 18% compounded (i) annually (ii) semi-annually (iii) quarterly, what amount you will get after 2 years?

What is the better way to invest Rs.2000 for 2 years at 5% simple interest or 4.8% interest compounded quarterly or 6% interest compounded semi-annually?

How much should you invest now at 10% compounded quarterly to have Rs.1,00,000 in 5 years?

Ritu opens a saving bank account with a bank on 9th July, 2003 with a cash deposit of Rs.10000. Subsequently she deposited Rs.5000 on 8th day of every month. She withdrew Rs.4000 on 3rd September and Rs.6000 on 9th November 2003. If the bank pays interest at the rate of 4% per annum, payable at the end of June and December. Write all the entries, including interest, which are made up to 1st January, 2004.

A dealer buys a wall clock for Rs.280 and sells it for Rs.320. Find his profit or loss percent?

A vendor loses 20% by selling 80 pencils for Rs.160. How many pencils should he sell for Rs.121, to have a profit of 10%?

A cooler was sold at a profit of 10%. Had it been sold for Rs.200 more, the profit would have been 15%. Find the cost price of the cooler?

A shirt is marked at Rs.500. If a discount of 10% is offered, find its selling price?

A person pays Rs.2800 for a cooler listed at Rs.3500. Find the discount percent offered?

A TV with marked price Rs.11500, is sold at 10% discount. Due to festival season, the shopkeeper allows a further discount of 5%. Find the net selling of the TV?

Vivek Mohan, furnished the undernoted particulars of his income for the year ended 31st March, 2006:

i) Basic pay Rs.1,44,000/-

ii) Dearness Allowance Rs.38,000/-

iii) Contribution to GPF Rs.48,000/-

iv) LIC premium Rs.12,000/-

v) Profit on business Rs.1,54,000/-

Compute Vivek Mohan’s taxable income and net tax for the financial year 2005-06.

A washing machine is available for Rs.13915 which includes sales tax. If the sales tax is at 10% rate, find the listing price of the washing machine?

If on purchase of an article of Rs.2500/- you pay 4% value added tax, then find the total amount paid to purchase the article?

Find the cost of purchasing 200 shares of a company, each of par value Rs.100 quoted at Rs.150 each in the market, from the shareholder. Also, find the gain to the new shareholder if he sells each share at a premium of Rs.100?

A person buys 100 shares of par value Rs.10 each of a company which pays annual dividend of 12% at such a price that she/he gets 10% on his investments. Find the market value of a share?

A man holds 100 shares of a company at par value Rs.600 each on which the paid dividend is 6%. When the shares rise to Rs.800, the person sells them and invests half the sale proceeds in 8% debentures of par value Rs.200 each and other half of the sale proceeds in 10% stock at Rs.250 each. Find the change in his income?

The marked price of a machine is Rs.4000. If the sales tax on the machine is at the rate of 4%, find how much a customer has to pay for purchasing the machine?

Radhika bought a CD player for Rs.1870, after getting 15% discount on the marked price, and then 10% sales tax on the reduced price. Find the marked price of the CD Player?

You go to buy an article and find shopkeeper A offers 10% discount and 10% sales tax after discount, and shopkeeper B sells it as it is. If the cost of the article is Rs.5000, then from which shopkeeper you would like to buy and why?

Find the income percent on 10% debenture of par value Rs.80, whose market value is Rs.100?

Ashok pays Rs.525/- to a petrol pump which includes service tax. If the service tax is at 5% rate. Find the actual price of the petrol he used?

A company declared a semi-annual dividend of 8%. Find the annual dividend received by a person owning 2000 shares of the company having a par value of Rs.100 each?