Tech Mahindra Company Numerical Ability Simple & Compound Interest

What is compound interest on Rs.60,000 for 4 months at the rate of 5% per annum?

a) Rs.2728.24
b) Rs.2872.24
c) Rs.7282.13
d) Rs.2278.24

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Tech Mahindra Other Question

Ratio of Ravi's and Ashok's present ages is 4:5 After 6 years it will be 5:6. What is Ravi's present age?

a) 16 Years
b) 15 Years
c) 20 Years
d) 24 Years The difference between compound interest and simple interest on a sum for 3 years at 10% p.a. is Rs.124 Find the sum.

a) Rs.5000
b) Rs.4000
c) Rs.6000
d) Rs.8000