Simple & Compound Interest



Question (15/66)

There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of INR 12,000 after 3 years at the same rate ?

(A)  INR 2160


(B)  INR 3120


(C)  INR 3600


(D)  INR 3972


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Question (16/66)

The simple interest on certain sum of money for 3 years at 8% per annum is half the compound interest on INR 4000 for 2 years at 10% per annum. What is sum placed on simple interest ?

(A)  INR 1550


(B)  INR 1650


(C)  INR 1750


(D)  INR 1850


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