The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
2
The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:________?
3
If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?
These are just sample questions. The actual quiz contains 25 questions.
