IIM-B (BBA-DBE) 2024 #1 (QA) PYQs

An amount doubles itself at compound interest in 5 years. How many years will it take to make the amount 16 times itself ?

Anindita invests a total of $1$ lakh rupees distributed across three schemes A, B and C for a period of two years. These schemes offer an interest rate of $10\%$, $8\%$ and $12\%$ per annum, respectively, each compounded annually. If the initial investment amount in scheme A is $30000$ rupees and the total interest earned from all the three schemes during the first year is $10600$ rupees, then the total interest earned, in rupees, from all the three schemes for the second year is

The simple interest and compound interest on a certain sum for $2$ years is INR $1250$ and INR $1475$, respectively. The rate of interest per annum (compounded annually) in percentage is: