Compound Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)
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26. A person lent a certain sum of money at 4% per annum at simple interest and in 8 years the interest amounted to Rs.340 less than the sum lent. What was the sum lent?
- Rs.500
- Rs. 1000
- Rs. 1500
- Rs. 2000
27. If Rs.450 amount to Rs.540 in 4 years, what will it amount to in 6 years at the same rate % per annum?
- Rs.585
- Rs. 580
- Rs. 600
- Rs. 590
28. Rs.800 amounts to Rs.920 in 3 years at simple interest. If the interest is increased by 3%, it would amount to how much?
- Rs.992
- Rs. 998
- Rs. 1000
- Rs.
- Rs. 28800
- Rs. 28000
- Rs. 28700
- Rs. 30000
