Direction (Qs.1-5): Read the information carefully and give the answers of following questions.
In the given line chart, Rate of interest in different schemes is shown.
Question No : 1
Aman invested an amount in scheme F for 4 years. First 2 years, it offers Compound interest and last two years, it offers simple interest. If he got Rs.66,000 after 4 years. What amount he invested in the beginning?
(1) Rs.53,000
(2) Rs.53,071.73
(3) Rs.56,099.89
(4) Rs.54,878.34
(5) Rs.55,878.34
Question No : 2
Arjun invested Rs.20,000 in scheme B for 2 years which offers Compound interest. After that he withdrew the amount and switched to scheme E and invested the amount for 2 years offering compound interest. What amount will he get after 2 years?
(1) Rs.24,000
(2) Rs.25,786.21
(3) Rs.25,876.23
(4) Rs.24,861.82
(5) Rs.25,892.82
Question No : 3
Aman invested Rs.40,000 in Scheme A for 2 years with the simple interest offer. Then he withdrew his money and invested the entire amount he has received, again in scheme A but now with the compound interest for 2 more years. What amount will he get after 2 more years?
(1) Rs.48,510
(2) Rs.48,150
(3) Rs.45,180
(4) Rs.45,810
(5) None of these
Question No : 4
Aman invested Rs.60,000 in scheme C for 5 years. Scheme C with the simple interest rate for the first three years and with the compound interest for the 4th and 5th year. What amount will he get after 5 years?
(1) Rs.60,954
(2) Rs.60,000
(3) Rs.69,054
(4) Rs.67,898
(5) None of these
Question No : 5
Rahul invested Rs.45,000 in scheme D for 2 years with the compound interest and Aman invested Rs.45,000 in scheme D for 2 years with the simple interest. Who will earn more profit and how much?
(1) Rahul, Rs.189.125
(2) Aman, Rs.190.125
(3) Rahul,Rs.190.125
(4) Aman,Rs.189.125
(5) None of these