gneet TOPIC : CMA foundation Simple and Compound Interest (Including Application of Annuity) Number of questions are 48
SELF EXAMINATION QUESTIONS : 1 to 12 are Question 1 to 12
OBJECTIVE QUESTIONS : 1 to 16 are Question 13 to 28
COMPOUND INTEREST SELF EXAMINATION QUESTIONS : 1 to 12 are Question 29 to 30
ANNUITIES SELF EXAMINATION QUESTIONS : 1 to 8 are Question 40 to 47 Select_Question:
SELF EXAMINATION QUESTIONS : 1 to 12 are Question 1 to 12
OBJECTIVE QUESTIONS : 1 to 16 are Question 13 to 28
COMPOUND INTEREST SELF EXAMINATION QUESTIONS : 1 to 12 are Question 29 to 30
ANNUITIES SELF EXAMINATION QUESTIONS : 1 to 8 are Question 40 to 47 Select_Question:
Q.1) What sum will amount to Rs 5,200 in 6 years at the same rate of simple interest at which Rs 1,706 amount to Rs 3,412 in 20 years?
A = 5200, n = 6 same rate simple interest
P = 1706, A = 3412, n = 20
I = A-P
I = 3412-1706 = 1706
Now a = 5200, R =5%, n = 6, P = ?
A = P+I
[Ans. Rs 4000]
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(adsbygoogle = window.adsbygoogle || []).push({}); SELF EXAMINATION QUESTIONS : 1 to 9 are Question 1 to 9
OBJECTIVE QUESTIONS : 1 to 20 are Question 10 to 29