Compound Interest (Railway Maths) (Part – IV)Total Questions: 2321. In what time will ₹ 4400 become ₹ 4576 at 8% per annum interest compounded half – yearly ? [RRB ALP 17/08/2018 (Morning) ](a) 7 months(b) 1 year(c) 2 years(d) 6 monthsCorrect Answer: (d) 6 monthsSolution:22. Shams invested ₹ 5000 at 10% per annum compound interest. After n years, Shams received ₹ 1655 more. Find the value of n (in years). [RRB ALP 20/08/2018 (Afternoon) ](a) 4(b) 3(c) 1(d) 2Correct Answer: (b) 3Solution:23. The simple interest on a certain sum at 12% per annum for 3 years is ₹4,140. What is the compound interest on the same sum at 8% for two years ? [RRB ALP 29/08/2018 (Evening) ](a) ₹1,840(b) ₹1,886.50(c) ₹ 2,012.40(d) ₹1,913.60Correct Answer: (d) ₹1,913.60Solution:Submit Quiz« Previous123
