Compound interest questions Practice Question and Answer
8 Q: What is the compound interest on a sum of ₹25,000 after three years at a rate of 12 per cent per annum interest compounded yearly?
1526 064a5420965d2524cbf0bef36
64a5420965d2524cbf0bef36- 1₹10,123.20true
- 2₹9,824.00false
- 3₹10,520.00false
- 4₹9,956.86false
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Answer : 1. "₹10,123.20 "
Q: A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was the sum lent (in Rs)?
1524 060fe348f3c8ced168c73d0f8
60fe348f3c8ced168c73d0f8- 11500false
- 21000true
- 33000false
- 42000false
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Answer : 2. "1000"
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 :
1521 06343e7991bfb042f96b00045
6343e7991bfb042f96b00045- 1₹8,500false
- 2₹17,400false
- 3₹8,700false
- 4₹19,000true
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Answer : 4. "₹19,000"
Q: A person invested 1100 in a company at compound interest compounded semi-annually. He received 1331 after one year. The rate of interest per annum is
1517 060068c0e7a0c6e1017e01071
60068c0e7a0c6e1017e01071- 111%false
- 220%true
- 35%false
- 410%false
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Answer : 2. "20%"
Q: Anu invested Rs. 15000 at the rate of interest 10% p.a. for one year. If the compound interest is compounded at every six months, what amount will Anu get at the end of the year?
1515 0609910dbc4aedb3e8066b325
609910dbc4aedb3e8066b325- 1Rs. 16525.50false
- 2Rs. 18150false
- 3Rs. 16537.50true
- 4Rs. 16500false
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Answer : 3. "Rs. 16537.50"
Q: 1261 in 3 years at the rate of 5 percent annual interest on a sum of money. Interest is received by compound . money will be
1512 0603740a69d90e74af72ae9da
603740a69d90e74af72ae9da- 19000false
- 28400false
- 37500false
- 48000true
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Answer : 4. "8000"
Q: ₹12,000 is lent for one year t the rate of 15% per annum, the interest being compounded annually. If the compounding of the interest is done half- yearly, then how much more interest will be obtained at the end of the one-year period on the same initial sum?
1509 06426db149d18d2e8ae1df1f9
6426db149d18d2e8ae1df1f9- 1₹72.5false
- 2₹82.8false
- 3₹60.5false
- 4₹67.5true
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Answer : 4. "₹67.5"
Q: On a certain sum of money, the simple interest for 2 years is Rs. 350 at the rate of 4 % per annum. If it was invested at compound interest at the same rate for the same duration as before, how much more interest would be earned?
1495 05f16b2c6cf79540a75392448
5f16b2c6cf79540a75392448- 1Rs. 14false
- 2Rs. 35false
- 3Rs. 3.50false
- 4Rs. 7true
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