Compound interest questions Practice Question and Answer
8 Q: A sum amounts to ₹ 6480 in 4 years and ₹ 9600 in 8 years when it is compounded annually. Find the sum?
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60532de1528a962d2e430934- 14878false
- 25438false
- 34300false
- 44374true
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Answer : 4. "4374"
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? 1611 05d11faf8557b295f691f6571
5d11faf8557b295f691f6571- 127false
- 29false
- 312true
- 415false
- 5None of thesefalse
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Answer : 3. "12"
Q: A bank pays half-yearly compound interest at the rate of 5% p.a. . A person deposited Rs 1600 on January 1 and a similar amount on July 1 . Explain how much interest will be paid by the bank at the end of the year.
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6078eecc63b9781494e72d8b- 1168false
- 2242false
- 3115false
- 4121true
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Answer : 4. "121"
Q: In 3 years ₹ 3000 amounts to ₹ 3993 at x % compound interest, compounded annually. The value of x is
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5f16e8728cf3201b6328c136- 15%false
- 233%false
- 310%true
- 48%false
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Answer : 3. "10% "
Q: On what sum does the difference between the compound interest and the simple interest for 3 years at 10 % is Rs 31?
1547 05d7f23197f06bc6981e060d7
5d7f23197f06bc6981e060d7- 1Rs 1500false
- 2Rs. 1200false
- 3Rs. 1100false
- 4Rs. 1000true
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Answer : 4. "Rs. 1000"
Q: A sum of Rs 5,000 amounts to Rs 7,200 in 8 years at a certain rate percent p.a, interest compounded yearly. What will be the compound interest on a sum of Rs.6,550 in 4 years at the same rate of interest?
1541 0605318c3a37d522d6c196d80
605318c3a37d522d6c196d80- 1Rs. 1,290false
- 2Rs.1,310true
- 3Rs. 1285false
- 4Rs. 1,415false
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Answer : 2. "Rs.1,310"
Q: The compound interest earned in two years at 8 % per annum is 3993.6 . What is the sum invested?
1530 05ed9d34af528050f9150037b
5ed9d34af528050f9150037b- 124000true
- 225000false
- 330000false
- 420000false
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Answer : 1. "24000 "
Q: 2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is:
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5ef40cfc81a47f2e7aefa1cf- 1₹ 3,38,688false
- 2₹ 3,42,648false
- 3₹ 3,26,400false
- 4₹ 3,34,800true
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