TASK DEFINITION: In this task, you need to answer the given multiple-choice question on the gain. Gain is the value by which to multiply the input. Classify your answers into 'a', 'b', 'c', 'd', and 'e'.
PROBLEM: Problem: the true discount on a bill due 9 months hence at 16 % per annum is rs . 150 . the amount of the bill is
Options: a ) 1200 , b ) 1764 , c ) 1400 , d ) 1354 , e ) none of these

SOLUTION: c

PROBLEM: Problem: if the simple interest on a sum of money for 4 years at 8 % per annum is rs . 560 , what is the compound interest on the same sum at the rate and for the same time ?
Options: a ) rs . 640.86 , b ) rs . 430.86 , c ) rs . 330.86 , d ) rs . 630.86 , e ) rs . 130.86

SOLUTION: d

PROBLEM: Problem: today joelle opened an interest - bearing savings account and deposited $ 6000 . if the annual interest rate is 5 percent compounded interest , and she neither deposits nor withdraws money for exactly 2 years , how much money will she have in the account ?
Options: a ) $ 6715 , b ) $ 5615 , c ) $ 6415 , d ) $ 6615 , e ) $ 6315

SOLUTION:
d