Compound interest questions Practice Question and Answer
8 Q: Find the compound interest on a sum of Rs. 46875 for 2 years at 12% p.a, if interest is compounded 8 months?
1366 0602e40f06d461f66398818f5
602e40f06d461f66398818f5- 114174false
- 210174false
- 312174true
- 413174false
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Answer : 3. "12174 "
Q: On a certain sum of money, the difference between the compound interest for a year, payable half yearly, and the simple interest for a year is Rs. 56.If the rate of interest in both the cases is 16 %, then the sum is
1365 05f169bc49a713b0717cce1fe
5f169bc49a713b0717cce1fe- 1Rs. 8750true
- 2Rs. 5780false
- 3Rs. 1080false
- 4Rs. 7805false
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Answer : 1. "Rs. 8750"
Q: A sum borrowed under compound interest doubles itself in 10 years. When will it become fourfold of itself at the same rate of interest?
1363 0605af466c5c99d2cb7f43d52
605af466c5c99d2cb7f43d52- 115 yearsfalse
- 220 yearstrue
- 324 yearsfalse
- 440 yearsfalse
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Answer : 2. "20 years"
Q: The sum for 2 years gives a compound interest of ₹ 3225 at 15 % rate. Then sum is
1358 05f16c441cf79540a753983b7
5f16c441cf79540a753983b7- 115000false
- 232250false
- 310000true
- 420000false
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Answer : 3. "10000 "
Q: If the difference of the compound interest and the simple interest on a sum of money for 3 years is Rs. 186. Find the sum of money, if the rate of interest in both cases be 10 %
1348 05e86d1919d2a5e5416ce116b
5e86d1919d2a5e5416ce116b- 15500false
- 27200false
- 36500false
- 46000true
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Answer : 4. "6000"
Q: The difference between simple interest and compound interest on a certain sum at $$ 12{1\over2}$$ % for 3 years is Rs 125. Find the sum.
1343 05ef18c8281a47f2e7ae7f341
5ef18c8281a47f2e7ae7f341- 1Rs. 2520false
- 2Rs. 2560true
- 3Rs.2640false
- 4Rs. 2700false
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Answer : 2. "Rs. 2560"
Q: There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
1339 05fd34cd4c46a213fc5c57630
5fd34cd4c46a213fc5c57630- 1Rs. 2160false
- 2Rs. 3120false
- 3Rs. 3972true
- 4Rs. 6240false
- 5None of thesefalse
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Answer : 3. "Rs. 3972"
Q: There is 80% increase in amount in 5 years at simple interest. What will be the compound interest of Rs. 20,000 after 3 years at the same rate?
1333 05f2cfad5be9f31290fb86158
5f2cfad5be9f31290fb86158- 1Rs.1000false
- 2Rs.11217.92true
- 3Rs.11717.20false
- 4Rs.13217.92false
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