Compound interest problems Practice Question and Answer
8 5 Answer : 1. "Rs 12000"
5 5 4 Answer : 2. "Rs 1200"
5 Answer : 2. "Rs.208"
5 Answer : 1. "Rs 610.51"
5 4
Q: Mr Amin borrowed a certain sum from Mr Visvas. He borrowed for first 2 year at 8% per annum, for next 3 years at 11% per annum and beyond that at 14% per annum. Mr Amin paid Rs 10,920 as Simple interest in 8 years. Find how much he had borrowed? 1700 05d1206c74702d75f76883252
5d1206c74702d75f76883252- 1Rs 12000true
- 2Rs 15000false
- 3Rs 14000false
- 4Data insufficientfalse
- 5None of thesefalse
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Answer : 1. "Rs 12000"
Explanation :
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Q: A sum of money at compound interest amounts to thrice itself in three years. In how many years will it be 81 times itself? 1043 05d11faf8557b295f691f6571
5d11faf8557b295f691f6571- 127false
- 29false
- 312true
- 415false
- 5None of thesefalse
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Answer : 3. "12"
Q: Find the difference between SI and CI for three years at 10% per annual rate on Rs 4000 934 05d11fe6a557b295f691f6578
5d11fe6a557b295f691f6578- 1Rs 125false
- 2Rs 126false
- 3Rs 124true
- 4Rs 127false
- 5None of thesefalse
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Answer : 3. "Rs 124"
Q: A certain sum amounts to Rs 1308 in 3 years, while it becomes Rs 1380 in 5 years. Find the principal. 1459 15d120c07dea5da6dbe8bf267
5d120c07dea5da6dbe8bf267- 1Rs 1100false
- 2Rs 1200true
- 3Rs 1300false
- 4Rs 1400false
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Answer : 2. "Rs 1200"
Explanation :
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Q: What would be the compound interest obtained on an amount of Rs.1250 at the rate of 8 percent per annum after 2 years? 2704 15d11ebe84702d75f768831e9
5d11ebe84702d75f768831e9- 1Rs.200false
- 2Rs.208true
- 3Rs.212false
- 4Rs.220false
- 5None of thesefalse
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Answer : 2. "Rs.208"
Explanation :
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Q: What will be compound interest-on, a sum of Rs 1000 at die rate of 10 percent per annum after 5 year? 1048 05d11f041557b295f691f6523
5d11f041557b295f691f6523- 1Rs 610.51true
- 2Rs 559.45false
- 3Rs 665.50false
- 4Rs 665.51false
- 5None of thesefalse
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Answer : 1. "Rs 610.51"
Explanation :
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Q: Sudhanshu invested Rs.15,000 at interest 10 percent at per annum for one year. If the interest is compounded every six months what amount will Sudhanshu get at the end of the year? 1191 05d11fbd04702d75f76883236
5d11fbd04702d75f76883236- 1Rs. 16,537.50true
- 2Rs.16,500false
- 3Rs. 16,525.50false
- 4Rs.18,150false
- 5None of thesefalse
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Answer : 1. "Rs. 16,537.50 "
Q: Difference between C.I and S.I is Rs.35 at 5% per annum for 2 years. What is the principal? 1273 15d120d6d36b7496de237f5c7
5d120d6d36b7496de237f5c7- 114,000true
- 212,000false
- 310,000false
- 415,000false
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Answer : 1. "14,000"
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