
Simple and Compound Interest
Simple and Compound Interest: Difference between simple and compound interest, Simple Interest Formula and Compound Interest Formula, Simple Interest Questions

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Online Aptitude Questions with Answers on Simple and Compound Interest
Q166. **What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?**
- Rs. 31
- Rs. 32.10
- Rs. 40.40
- Rs. 64.10
Solution : Rs. 64.10
Q167. **The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is?**
- Rs. 2.50
- Rs. 3
- Rs. 3.75
- Rs. 4
Solution : Rs. 3
Q168. **The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period(in years) is?**
- 2
- 2.5
- 3
- 4
Solution : 2
Q169. **The principal that amounts to Rs. 4913 in 3 years at 6.25 % per annum C.I. compounded annually, is?**
- Rs. 3096
- Rs. 4076
- Rs. 4085
- Rs. 4096
Solution : Rs. 4096
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Q170. **If the C.I. on a sum for 2 years at 12.5% per annum is Rs. 510, the S.I. on the same sum at the same rate for the same period of time is?**
- Rs. 400
- Rs. 450
- Rs. 460
- Rs. 480
Solution : Rs. 480
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Solution :
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