Compound interest questions Practice Question and Answer
8 Q: The sum for 2 years gives a compound interest of ₹ 3225 at 15 % rate. Then sum is
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5f16c441cf79540a753983b7- 115000false
- 232250false
- 310000true
- 420000false
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Answer : 3. "10000 "
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?
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5f2cfad5be9f31290fb86158- 1Rs.1000false
- 2Rs.11217.92true
- 3Rs.11717.20false
- 4Rs.13217.92false
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Answer : 2. "Rs.11217.92"
Q: At what percent per annum will Rs. 3000 amounts to Rs. 3993 in 3 years if the interest is compounded annually?
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5f169dde9a713b0717ccf625- 111%false
- 213%false
- 39%false
- 410%true
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Answer : 4. "10% "
Q: A sum of money becomes eight times in 3 years, if the rate is compounded annually. In how much time will the amount at the same compound rate become sixteen times?
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5f16a6c58cf3201b63278729- 18 yearsfalse
- 25 yearsfalse
- 36 yearsfalse
- 44 yearstrue
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Answer : 4. "4 years "
Q: A person invested Rs 3000 on compound interest for two years. If the rate of interest is the 25 % for the first year and 20 % for the second year. Then find the CI?
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6080476b11c2747caca71e17- 11550false
- 21650false
- 31600false
- 41500true
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Answer : 4. "1500"
Q: The compound interest on a certain sum of money invested for 2 years at 5 % per annum is Rs. 328. The simple interest on the sum, at the same rate and for the same period will be
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5e205f8fac282f42170f9f0b- 1Rs . 320true
- 2Rs . 308false
- 3Rs . 300false
- 4Rs . 287false
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Answer : 1. "Rs . 320 "
Q: The compound interest on Rs.16, 000 for 9 months at 20 % per annum, interest being compounded quarterly, is
1326 05e268b2257f70c65e284eb0a
5e268b2257f70c65e284eb0a- 1Rs. 2,520false
- 2Rs. 2,524false
- 3Rs. 2,522true
- 4Rs. 2,518false
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Answer : 3. "Rs. 2,522 "
Q: Rahul plans to buy a scooter for his sister for which he saves Rs. 15625 at the start of every year for 3 year. If the rate of CI is 4% pa. then amount at which he plans to buy the scooter is (in Rs.)
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5f2bc9ca21de6a117aeb6d7c- 175489false
- 242751false
- 350726true
- 448563false
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