Comprehension Passage
Directions: Study the following table chart carefully and answer the questions given beside.
The table below shows details about invested by Different persons.
|
Person |
Rate of interest |
Time (years) |
Principal (Rs) |
Amount(Rs.) |
|---|---|---|---|---|
|
Arun |
6% |
|
18000 |
|
|
Anant |
6% |
|
30000 |
|
|
Amit |
|
5 |
|
29000 |
|
Anand |
|
3 |
45000 |
|
|
Ankit |
8% |
|
20000 |
|
|
Anita |
|
2 |
60000 |
|
Note: Calculate simple interest unless specified all questions are Independent of others.
If the amount received by Amit is twice the money invested by him then find amount he will received after 2 years if he invested the same amount of money in compound interest for 2 years compounded half yearly?
1
Rs. 22199.45
2
Rs. 21992.45
3
Rs. 21292.45
4
Rs. 21929.45
5
Rs. 21229.45