The difference of compound interest (in ₹) on ₹ $800$ for $1$ year at $20 \%$ per annum when compounded half-yearly and quarterly is:

  • A
    $4.40$
  • B
    Nil
  • C
    $6.40$
  • D
    None of these

Explore More

Similar Questions

Which of the statements given below are sufficient to answer the following question?
What is the rate of interest $p.c.p.a.$ on the amount of $Rs. 15000$ taken as a loan?
$(I)$ The difference between $C.I.$ and $S.I.$ for $2$ years is $Rs. 170$.
$(II)$ The $S.I.$ for $2$ years is $Rs. 2500$.

The difference between simple and compound interest on a sum of $10000$ is $64$ for $2$ years. Find the rate of interest. (in $\%$)

In how many years will a sum of ₹ $800$ at $10 \%$ per annum compounded semi-annually become ₹ $926.10$?

Difficult
View Solution

An amount of money at compound interest grows up to $Rs. 3840$ in $4$ $years$ and up to $Rs. 3936$ in $5$ $years$. Find the rate of interest (in $\%$)?

Difficult
View Solution

$A$ deposited $Rs. 6000$ in a bank at $5 \%$ per annum simple interest. $B$ deposited $Rs. 5000$ at $8 \%$ $p.a.$ compound interest. After $2$ years,the difference between their interests (in $Rs.$) will be:

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo