Compound interest questions Practice Question and Answer
8 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
1218 0603740a69d90e74af72ae9da
603740a69d90e74af72ae9da- 19000false
- 28400false
- 37500false
- 48000true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "8000"
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 -
1213 06024f26bcce66f776c86d40d
6024f26bcce66f776c86d40d- 1Rs.15000true
- 2Rs.16500false
- 3Rs.12000false
- 4Rs.13500false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs.15000 "
Q: A sum of money becomes eight times of itself in 3 years at compound interest. The rate of interest per annum is
1209 05f16a99f97cc6b353bf3deee
5f16a99f97cc6b353bf3deee- 120 %false
- 210 %false
- 3100 %true
- 480 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "100 % "
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?
1203 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: A sum of money becomes double in 3 years at compound interest compounded annually at the same rate. In how many years will it become four times of itself?
1202 05f169c9b97cc6b353bf3a330
5f169c9b97cc6b353bf3a330- 16.4 yearsfalse
- 27.5 yearsfalse
- 34 yearsfalse
- 46 yearstrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "6 years "
Q: A sum of money doubles itself at compound interest in 15 years. In how many years it will become eight times?
1193 05efeab3e9bfe193cd14b6fc6
5efeab3e9bfe193cd14b6fc6- 130 yearfalse
- 245 yeartrue
- 350 yearfalse
- 460 yearfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "45 year"
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 :
1192 06343e7991bfb042f96b00045
6343e7991bfb042f96b00045- 1₹8,500false
- 2₹17,400false
- 3₹8,700false
- 4₹19,000true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "₹19,000"
Q: Find the compound interest to the nearest rupee on Rs. 7500 for 2 years 4 months at 12% p.a reckoned annually?
1187 06079383363b9781494e7f460
6079383363b9781494e7f460- 12284true
- 22176false
- 32097false
- 42235false
- Show AnswerHide Answer
- Workspace
- SingleChoice

