# TCS Simple and Compound Interest Questions And Answers – 2

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Question 1

Time: 00:00:00
```If you deposit Rs. 110 in a bank at a simple interest of 12% per year,
how much money will you have in the bank after 2 years?```

134

134

136.4

136.4

26.4

26.4

24

24

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Question 2

Time: 00:00:00
```if certain sum of money at simple interest amounts to rs 2800 in 2yrs
\and to rs 3250 in 5yrs then the rate of interest per annum?```

6%

6%

8%

8%

9%

9%

10%

10%

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Question 3

Time: 00:00:00
```A certain sum doubles in 7 years under simple interest.
In how many years will the sum become four times itself?```

14

14

21

21

28

28

65

65

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Question 4

Time: 00:00:00
```Analyzing the good returns that Halocircle Insurance Pvt Ltd was giving,
Ratika bought a 1-year, Rs 10,000 certificate of deposit that paid
interest at an annual rate of 8% compounded semi-annually.
What was the total amount of interest paid on this certificate at
maturity?```

816

816

900

900

1002

1002

954

954

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