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List of top Mathematics Questions on Compound Interest
A man invested \(x\) rupees for \(y\) years at a rate of 3.25% per annum simple interest. If he received 3.25\(x\) after \(y\) years, find the value of \(y\).
MAH MBA CET - 2025
MAH MBA CET
Mathematics
Compound Interest
Qoban has some money (M) that he divides in the ratio of 1:2. He then deposits the smaller amount in a savings scheme that offers a certain rate of interest, and the larger amount in another savings scheme that offers half of that rate of interest. Both interests compound yearly. At the end of two years, the total interest earned from the two savings schemes is £ 830. It is known that one of the interest rates is 10% and that Qoban deposited more than £1000 in each saving scheme at the start. Find the value of M?
MAH MBA CET - 2025
MAH MBA CET
Mathematics
Compound Interest
A firm anticipates an expenditure of ₹10,000 for a new equipment at the end of 5 years from now. How much should the firm deposit at the end of each quarter into a sinking fund earning interest 10% per year compounded quarterly to provide for the purchase?
[Use (1.025)
20
=1.7]
CUET (UG) - 2024
CUET (UG)
Mathematics
Compound Interest
For an investment, if the nominal rate of interest is
\(10\%\)
compounded half-yearly, then the effective rate of interest is:
CUET (UG) - 2024
CUET (UG)
Mathematics
Compound Interest
A multinational company creates a sinking fund by setting a sum of Rs. 12,000 annually for 10 years to pay off a bond issue of Rs. 72,000. If the fund accumulates at
\(5\% \)
per annum compound interest, then the surplus after paying for bond is
CUET (UG) - 2024
CUET (UG)
Mathematics
Compound Interest
A property dealer wishes to buy different houses given in the table below with some down payments and balance in EMI for 25 years. Bank charges 6% per annum compounded monthly.
CUET (UG) - 2024
CUET (UG)
Mathematics
Compound Interest
A piece of paper is folded and a cut is made as shown below. How it will appear when opened?
CUET (UG) - 2023
CUET (UG)
Mathematics
Compound Interest
The value of a car depreciates every year by
\( 10\%\)
. What will be its value after
\( 3\)
years if its present value is
\(₹6,25,000\)
?
CUET (UG) - 2023
CUET (UG)
Mathematics
Compound Interest
In how many years a sum placed on compound interest becomes 8 times of itself, if it becomes twice in 6 years?
CUET (UG) - 2023
CUET (UG)
Mathematics
Compound Interest
Archit invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14\% p.a. and 11\% p.a. respectively. If the total amount of simple interest earned in 2 years is Rs. 3508, then determine the amount invested in Scheme B by Archit?
MAH MBA CET - 2015
MAH MBA CET
Mathematics
Compound Interest