Compound interest questions Practice Question and Answer
8 Q: On what sum does the difference between the compound interest and the simple interest for 3 years at 10 % is Rs 31?
1260 05d7f23197f06bc6981e060d7
5d7f23197f06bc6981e060d7- 1Rs 1500false
- 2Rs. 1200false
- 3Rs. 1100false
- 4Rs. 1000true
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Answer : 4. "Rs. 1000"
Q: If the compound interest on a certain sum for two consecutive years is Rs.220 and Rs.242, then the rate of interest per annum is
1260 05ec5f7d0552ff02e7121496d
5ec5f7d0552ff02e7121496d- 18%false
- 210%true
- 311%false
- 412%false
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Answer : 2. "10% "
Q: A certain sum of money at a certain rate doubles itself in 9 years, then in how many years it will become the same sum will be 5 times of itself?
1255 05e96c564b0b9ab17e7026204
5e96c564b0b9ab17e7026204- 125 yearsfalse
- 236 yearstrue
- 327 yearsfalse
- 445 yearsfalse
- 548 yearsfalse
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Answer : 2. "36 years "
Q: Two equal amounts are deposited in two different banks at 12% for 3 years and 4.5 years. The difference between simple interest received is Rs. 72. Find the amount deposited in bank. 1254 05d1204a8557b295f691f6589
5d1204a8557b295f691f6589- 1500false
- 2400true
- 3600false
- 4450false
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Answer : 2. "400"
Q: The simple and compound interest that can be earned in two years at the same rate is Rs 1500 and Rs 1575 respectively. What is the rate (% per annum) of interest?
1247 060fe342b81fb4616a6562d1d
60fe342b81fb4616a6562d1d- 112.5%false
- 220%false
- 310%true
- 45%false
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Answer : 3. "10% "
Q: What would be the compound interest accrued on an amount of Rs.7850 at the rate of 14% per annum in two years?
1246 161962c3d1f864f699c35e225
61962c3d1f864f699c35e225- 1Rs.2351.86true
- 2Rs.2880.37false
- 3Rs.2518.22false
- 4Rs.2290.23false
- 5None of thesefalse
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Answer : 1. "Rs.2351.86 "
Q: The ratio between compound interest and simple interest for a certain amount is 43 : 40 for 2 years, the find the rate of interest.
1243 05e9d35620a165a45b758616a
5e9d35620a165a45b758616a- 115 %true
- 218 %false
- 320 %false
- 412 %false
- 5None of thesefalse
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Answer : 1. "15 % "
Q: How much time will it take for an amount of Rs.360 to yield Rs.72 as interest at 5 % p.a of simple interest?
1241 160c097fa046ad7381c626c70
60c097fa046ad7381c626c70- 13 yearsfalse
- 24 yearstrue
- 32.5 yearsfalse
- 43.5 yearsfalse
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