Simple & Compound Interest



Question (29/66)

A man saves USD 200 at the end of each year and lends the money at 5% PA compound interest. How much will it become at the end of 3 years ?

(A)  USD 662.02


(B)  USD 685.50


(C)  USD 720.25


(D)  USD 748.02


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Question (30/66)

What will be compound interest on a sum of INR 25,000 after 3 years at the rate of 12% per annum?

(A)  INR 9250.50


(B)  INR 10123.20


(C)  INR 10483.20


(D)  INR 10500.50


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