In what time a sum will become 16 times of itself at 100% pa compound interest?

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Multiple Choice Questions

1.

The time, in which Rs.2,000 will amount to Rs. 2,420 at 10% per annum compound interest, when the interest is compounded annually is,

  • 5 years

  • 2 years

  • 3 years

  • 3 years


B.

2 years

Shortcut Method:
Go with option,

In what time a sum will become 16 times of itself at 100% pa compound interest?

Detailed Method:

In what time a sum will become 16 times of itself at 100% pa compound interest?

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2.At what per cent per annum of compound interest, compounded annually, will a sum of money become 16 times of itself in 4 years?400%200%125%125%


D.

125%

Let the principal be Rs. 100
∴  Amount will be Rs. 1600
  Time(n)  = 4 years

In what time a sum will become 16 times of itself at 100% pa compound interest?

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3.

Find the amount which Shyam will get on ₹ 4096, if he gave it for 18 months at

In what time a sum will become 16 times of itself at 100% pa compound interest?
, interest being compounded half yearly.
 

  • ₹ 5813

  • ₹ 4515

  • ₹ 4913

  • ₹ 4913


C.

₹ 4913

Here, P = ₹ 4096,  R = 

In what time a sum will become 16 times of itself at 100% pa compound interest?
 = 
In what time a sum will become 16 times of itself at 100% pa compound interest?

  T = 18 months = 
In what time a sum will become 16 times of itself at 100% pa compound interest?

Now, money received to Shyam
        
In what time a sum will become 16 times of itself at 100% pa compound interest?

299 Views


4.

A sum amounts to Rs. 2,916 in 2 years and to Rs. 3,149.28 in 3 years at same rate of compound interest. The sum is

  • Rs. 2500

  • Rs. 2400

  • Rs. 2250

  • Rs. 2250


A.

Rs. 2500

Interest  = 3,149.28 - 2,916 = 233.28
 

In what time a sum will become 16 times of itself at 100% pa compound interest?

Now,
In what time a sum will become 16 times of itself at 100% pa compound interest?

In what time a sum will become 16 times of itself at 100% pa compound interest?

303 Views


5.

The compound interest on ₹ 1800 at 10% per annum for a certain period of time is ₹ 378. Find the time (in yr).

  • 2.8

  • 3.0

  • 2.5

  • 2.5


D.

2.5

P = ₹ 1800, R = 10%,  and CI = ₹ 378,  Time(t) = n.
By formula,
            

In what time a sum will become 16 times of itself at 100% pa compound interest?

                 
In what time a sum will become 16 times of itself at 100% pa compound interest?

In what time a sum will become 16 times of itself at 100% pa compound interest?

In what time a sum will become 16 times of itself at 100% pa compound interest?
              n = 2 yr
             

1153 Views


6.

There is 75% increase in an amount in 5 years at simple interest. What will be the compound interest of ₹ 40,000/- after 2 years at the same rate?

  • ₹ 25,800/-

  • ₹ 32,250/-

  • ₹ 12,900/-

  • ₹ 19,350/-


C.

₹ 12,900/-

Rate of interest  = 

In what time a sum will become 16 times of itself at 100% pa compound interest?

C.I. = A - P
      
In what time a sum will become 16 times of itself at 100% pa compound interest?


7.

The difference between compound and simple interests on Rs. 5,000 for two years at the same rate is Rs. 72. The rate of interest per annum is

  • 15%

  • 12%

  • 10%

  • 10%


B.

12%

In what time a sum will become 16 times of itself at 100% pa compound interest?

In what time a sum will become 16 times of itself at 100% pa compound interest?

206 Views


8.

The difference between simple and compound interest (compounded annually) on a sum of money for 3 years at 10% per annum is Rs. 93. The sum (in Rs.) is

  • 30000

  • 30300

  • 3000

  • 3000

395 Views


9.

A sum of ₹ 1,200/- is lent to be paid back in 5 equal annual instalments of ₹ 264 each. The rate of interest per annum is

  • 6%

  • 8%

  • 2%

  • 2%


C.

2%

Total interest  = 264 x 5 - 1200 = 1320 - 1200 = ₹120/-
Interest of 1 year = 

In what time a sum will become 16 times of itself at 100% pa compound interest?

Let the rate of interest = r%
                    
In what time a sum will become 16 times of itself at 100% pa compound interest?

291 Views


10.

Rs. 3903 is to be divided between A and B so that A's share at the end of 7 years may be equal to B's share at the end of 9 years, at 4% per annum compound interest. The present share of B is

  • Rs. 2,218

  • Rs. 2,028

  • Rs. 1,875

  • Rs. 1,875


C.

Rs. 1,875

Let B's present share  = Rs. x.

In what time a sum will become 16 times of itself at 100% pa compound interest?

180 Views


At what rate per cent compound interest does a sum of money become 16 times in 4 years?

At what per cent per annum of compound interest, compounded annually, will a sum of money become 16 times of itself in 4 years? 400%

How many years will a sum of money become sixteen times itself at 30% pa simple interest?

In how many years will a sum of money become sixteen times itself at 30% p.a. simple interest? Hence, In 50 years, the given principal will become 16 times of itself.

At what rate pa sum of money becomes 4 times of itself in 15 years?

Detailed Solution. ∴ The rate of interest is 20%. ∴ The rate of interest is 20%.

At what r% pa will a sum of money amount to four times of itself in 2 years if compounded annually?

∴ The rate of interest is 100%. SBI Clerk 2022 Notification Out for 5486 Vacancies.