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MCQs for topic: S.I & C.I

This topic has only 3 questions — full access available to everyone.

1

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is

2

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is

3 By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be

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Question ID: 10974