Compound interest questions Practice Question and Answer
8 Q: If the compound interest on a certain sum for 2 years at 4% p.a. is Rs. 102, the simple interest at the same rate of interest for two years would be:
1548 06058652c19447609ff02ecc1
6058652c19447609ff02ecc1- 1Rs. 200false
- 2Rs. 50false
- 3Rs. 150false
- 4Rs. 100true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rs. 100"
Q: If the difference between 2 years compound interest and simple interest at the rate of 5 percent of an amount is Rs. 25, then that amount will be?
1547 05f97fbd5ed7fc21d78dce39c
5f97fbd5ed7fc21d78dce39c- 1Rs. 15,000false
- 2Rs. 10,000true
- 3Rs. 20,000false
- 4Rs. 12,000false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 10,000"
Q: What is compound interest on a sum of Rs. 37,500 for $$ {1{1\over 3}}$$ years at a rate of 12 % per year. If the interest is compounded 8 monthly?
1547 05fbf7caf90530f6255a1a930
5fbf7caf90530f6255a1a930- 1Rs.6, 420false
- 2Rs.6, 448false
- 3Rs.6, 240true
- 4Rs.6, 440false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs.6, 240"
Q: What is the compound interest on Rs. 48,000 for 2 years at 20% p.a., if interest is compounded annually?
1543 06073fb7863b9781494d83665
6073fb7863b9781494d83665- 1Rs. 69,120false
- 2Rs. 21,120true
- 3Rs. 76,800false
- 4Rs. 72,000false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 21,120"
Q: The compound interest on Rs. 8,000 at 15% per annum for 2 years 4 months, compounded annually is:
1532 0643e730b01d99786d0f0b1ee
643e730b01d99786d0f0b1ee- 1Rs. 2980false
- 2Rs. 3091false
- 3Rs. 3109true
- 4Rs. 3100false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 3109 "
Q: What will be the compound interest (compounded annually) of 3 years at the rate of 12.5 percent on an amount of Rs. 5120?
1531 05f1e701426299776aa409bfe
5f1e701426299776aa409bfe- 12280 Rupeesfalse
- 21960 Rupeesfalse
- 32170 Rupeestrue
- 42120 Rupeesfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "2170 Rupees "
Q: What will be the difference between the compound interest and simple interest of 2 years at the rate of 5 percent annual interest at Rs. 4,000?
1529 05f75a67ef66ef56de84ea9d7
5f75a67ef66ef56de84ea9d7- 110true
- 211false
- 320false
- 4100false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "10"
Q: A sum of money doubles itself at compound interest in 15 years. In how many years it will become eight times?
1528 05efeab3e9bfe193cd14b6fc6
5efeab3e9bfe193cd14b6fc6- 130 yearfalse
- 245 yeartrue
- 350 yearfalse
- 460 yearfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice

