Accenture Interview Numerical Ability Simple & Compound Interest

What is the difference between the compound interests on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?
A. Rs. 2.04
B. Rs. 3.06
C. Rs. 4.80
D. Rs. 8.30

Read Solution (Total 3)

5000(1+4/100)*(1+2/100)=5304
5000*102/100*102/100*102/100=5306.04
5306.04-5304.00=2.04
4 years agoHelpfull: Yes(3) No(5)

answer is Rs. 2.04
4 years agoHelpfull: Yes(0) No(4)
A. RS. 2.04
4 years agoHelpfull: Yes(0) No(2)

Accenture Other Question

The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:
A. Rs. 960
B. Rs. 840
C. Rs. 1020
D. Rs. 760 The speed of a car is 56 km/hr. The distance travelled by the car in 270 minutes is same as the distance travelled by a train in 63 minutes. What is the speed of the train in km/hr?
1)300 2)360 3)240 4)180