For the following questions answer them individually
Find the compound interest on Rs. 9375 at 8% per annum for 2 yr.
What is the interest that has to be paid on a sum of Rs 40000 borrowed for 2 years at 5% p.a. compounded annually?
What amount of simple interest can be obtained on an amount of Rs. 30000 at the rate of 40% for 3 years?
A sum of 10,000 is invested in a bank that calculates compound interest semiannually at 6% pa. What will be the interest obtained in 2 years?
A money lender exploits innocent debtors with high interest rates. He lends an amount of 30,000 to Mr. Bholu and calculates compound interest semiannually at 10% pa. What will be the interest obtained in 2.5 years?