Compound interest questions Practice Question and Answer
8 Q: If the interest is compounded half yearly, then interest on Rs.16000 at 5% per annum, at the end of $$ {{1}{1\over 2}}$$ years is.
1064 060b7158ecef13e72bbf96e1f
60b7158ecef13e72bbf96e1f- 1$$ {1230}{1\over 4}$$true
- 2$$ {1210}{1\over 4}$$false
- 3$$ {1215}{1\over 4}$$false
- 4$$ {1225}{1\over 4}$$false
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Answer : 1. "$$ {1230}{1\over 4}$$"
Q: Mr. Rajesh invested Rs.25000 in two fixed deposits X and Y offering compound interest at 6% per annum and 8% per annum, respectively. If the total amount of interest accrued in two years through both fixed deposits is Rs.3518, then the amount invested in scheme X is -
1064 06024f26bcce66f776c86d40d
6024f26bcce66f776c86d40d- 1Rs.15000true
- 2Rs.16500false
- 3Rs.12000false
- 4Rs.13500false
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Answer : 1. "Rs.15000 "
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:
1063 06058652c19447609ff02ecc1
6058652c19447609ff02ecc1- 1Rs. 200false
- 2Rs. 50false
- 3Rs. 150false
- 4Rs. 100true
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Answer : 4. "Rs. 100"
Q: What will be the compound interest of 3 years at the rate of 5 % of 1000 rupees?
1061 05f97fb71d8201a50c268c31d
5f97fb71d8201a50c268c31d- 1Rs. 157.650false
- 2Rs. 157.625true
- 3Rs. 155.625false
- 4Rs. 160.625false
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Answer : 2. "Rs. 157.625 "
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?
1052 0600e8f12178b94051cdf9f27
600e8f12178b94051cdf9f27- 1A to B Rs. 28.50false
- 2B to A Rs. 3750false
- 3A to B Rs.50false
- 4B to A Rs.50true
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Answer : 4. "B to A Rs.50 "
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-
1045 0609a66824587a93a1dc85718
609a66824587a93a1dc85718- 1Rs. 350false
- 2Rs. 405false
- 3Rs. 400true
- 4Rs. 300false
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Answer : 3. "Rs. 400"
Q: ₹26100 is divided between Mohan and Shyam so that the interest that Mohan receives in 3 years is the same as that Shyam receives in 6 years. If the interest rate of 4% per annum then Mohan's share is :
1045 06343e7991bfb042f96b00045
6343e7991bfb042f96b00045- 1₹8,500false
- 2₹17,400false
- 3₹8,700false
- 4₹19,000true
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Answer : 4. "₹19,000"
Q: A sum of ₹14,375, when invested at r% interest per year compounded annually, amounts to ₹16,767 after two years. What is the value of r?
1036 064477037883b29684408e50f
64477037883b29684408e50f- 19false
- 28true
- 37false
- 46false
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