Compound interest questions Practice Question and Answer
8 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?
1593 06080476b11c2747caca71e17
6080476b11c2747caca71e17- 11550false
- 21650false
- 31600false
- 41500true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "1500"
Q: Mr. Mike borrowed Rs. 8500 at 4 % per annum compound interest. The compound interest compounded annually for 2 yeas is:
1579 0606c3bce6a85553684ddfad5
606c3bce6a85553684ddfad5- 1Rs. 9136.6false
- 2Rs. 639.6false
- 3Rs. 693.6true
- 4Rs. 9139.6false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 693.6"
Q: What will be the compound interest of 3 years at the rate of 5 % of 1000 rupees?
1574 05f97fb71d8201a50c268c31d
5f97fb71d8201a50c268c31d- 1Rs. 157.650false
- 2Rs. 157.625true
- 3Rs. 155.625false
- 4Rs. 160.625false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 157.625 "
Q: In how many years will Rs 2000 become Rs 2420 at 10 percent compound annual interest?
1567 0602df94f6ea6434ffa7b289b
602df94f6ea6434ffa7b289b- 13false
- 2$$ {2{1\over 2}}$$false
- 32true
- 4$$ {1{1\over 2}}$$false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "2"
Q: A sum of money doubles itself in 4 years compound interest. It will amount to 8 times itself at the same rate of interest is -
1564 05f16a390cf79540a7538dea1
5f16a390cf79540a7538dea1- 116 yearsfalse
- 224 yearsfalse
- 318 yearsfalse
- 412 yearstrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "12 years "
Q: If the interest is compounded half-yearly, then what will be the compound interest (in Rs) on a sum of Rs 10000 for 1 year at the rate of 10% per annum?
1561 05dccdb82ef0a14548c1d4c0b
5dccdb82ef0a14548c1d4c0b- 11250false
- 2525false
- 31000false
- 41025true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "1025"
Q: The compound interest on a certain sum of money for 2 years at 5% per annum is Rs. 410. The simple interest on the same sum at the same rate and for the same time is-
1557 0609a66824587a93a1dc85718
609a66824587a93a1dc85718- 1Rs. 350false
- 2Rs. 405false
- 3Rs. 400true
- 4Rs. 300false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 400"
Q: A lent some money from B and paid 1,573 after$$ {1{1\over 2}}$$ yr . Also B lent some money from A and paid 1444.50 after 6 months. If they want to settle the account forthwith, keeping 14 % as the rate of interest, then who should pay whom and how much?
1550 0600e8f12178b94051cdf9f27
600e8f12178b94051cdf9f27- 1A to B Rs. 28.50false
- 2B to A Rs. 3750false
- 3A to B Rs.50false
- 4B to A Rs.50true
- Show AnswerHide Answer
- Workspace
- SingleChoice

