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Compound interest is a common topic in bank exams and all other competitive exams. Here given compound interest problems are important from the perspective of SSC and Banking exams. So, Here are problems on compound interest with solutions in different ways which take more time to solve.

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In almost all competitive examinations conducted by the central and state government, are asked questions related to compound interest under the subject of Mathematics. In the questions based on compound interest, interest is calculated on interest based on principal. Here today, I have provided questions on compounding interest to the students who are Pr...

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Compound interest is considered to be the most important and difficult section of the mathematics subject, which is also called "interest on interest", in simple terms. When a period such as an annual, half-yearly, quarter is fixed to repay the borrowed amount and the interest incurred in this period is added to the principal, the amount formed becomes...

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In the competitive exams, there are two ways to calculate the interest, first is simple interest and second is compound interest. Both chapters are important from the perspective of SSC and Banking exams.

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Simple interest and compounnd interest questions are mostly ask in banking exams and other competitive exams. In the simple interest questions you have to calculate interest according to the time and rate whereas in compound interest, the interest is calculated on interest.

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Compound interest problems asked in competitive exams usually. These compound interest problems are very important for SSC and Bank exams. So you must learn how to solve compound i

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Students should learn properly the use of compound interest formula with examples for SSC and bank exams. Because compound interest questions asked often in competitive exams. These compound interest formulas are not difficult to use. You just need to learn or practice of using compound interest formulas with examples.

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Here are the selective and important Compound interest questions and answers for banks exam and SSC. These Compound interest questions have been asked in competitive exams.

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## Recently Added Questions

What is the total compound interest on Rs.45000 for 3 years when the sum is divided into a ratio of 4 : 5 and rate of interest on a small sum is 10% and 20% on the large sum? (Compounded annually)

96 0 64f1e8ff18913c5bfc72e930- 1Rs. 20010false
- 2Rs. 24820true
- 3Rs. 25630false
- 4Rs. 26400false
- 5None of thesefalse

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## Answer : 2 Rs. 24820

- 1₹1,722false
- 2₹1,270false
- 3₹1,272true
- 4₹1,372false

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## Answer : 3 ₹1,272

A loan is to be returned in two equal yearly instalments. If the rate of interest is 10% p.a., compounded annually, and each instalment is ₹5,808, then the total interest charged in this scheme is:

139 0 64c8d80a3fde307e3f4f4043- 1₹1,563false
- 2₹1,536true
- 3₹1,632false
- 4₹1,602false

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## Answer : 2 ₹1,536

The rate of interest for the first 2 years is 6% p.a., for the next 3 years is 10% p.a., and for the period beyond 5 years is 12% p.a. If a person gets ₹12,771 as simple interest after 7 years, then how much money did he invest?

115 0 64c76787a919c8488e1e2e8d- 1₹20,000false
- 2₹19,350true
- 3₹19,450false
- 4₹19,300false

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## Answer : 2 ₹19,350

Find the amount (integral value only) if a sum of ₹6,500 is being borrowed at 10% interest per annum for 2 years if interest is compounded half-yearly.

592 0 649e859c3662c8741d0ada50- 1₹.8,150false
- 2₹.7,900true
- 3₹.7,650false
- 4₹. 8,250false

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