Compound interest questions Practice Question and Answer
8 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?
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609910dbc4aedb3e8066b325- 1Rs. 16525.50false
- 2Rs. 18150false
- 3Rs. 16537.50true
- 4Rs. 16500false
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Answer : 3. "Rs. 16537.50"
Q: The difference between the compound and the simple interest on a sum for 2 years at 10 % per annum , when the interest is compounded annually, is Rs.28. If the yearly interest were compounded half yearly, the difference in the two interests will be
1151 05f16a1399a713b0717cd0183
5f16a1399a713b0717cd0183- 1Rs. 43.41true
- 2Rs. 43.29false
- 3Rs. 44false
- 4Rs. 28.35false
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Answer : 1. "Rs. 43.41 "
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?
1148 05f75a67ef66ef56de84ea9d7
5f75a67ef66ef56de84ea9d7- 110true
- 211false
- 320false
- 4100false
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Answer : 1. "10"
Q: The difference between compound interest and simple interest on a sum of money for 3 years at 8% per annum is Rs. 354.80. Find the sum.
1142 0604730e5f4cbdc234859eb41
604730e5f4cbdc234859eb41- 1Rs. 15000false
- 2Rs. 18000true
- 3Rs. 32000false
- 4Rs. 27000false
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Answer : 2. "Rs. 18000"
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?
1137 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 sum of ₹4000 is lent out in two parts, one at 8% simple interest and the other at 10% simple interest. If the annual interest is ₹352. The sum lent at 8% is
1135 26343e830e76f2264c5dfc78e
6343e830e76f2264c5dfc78e- 1₹2900false
- 2₹2200false
- 3₹2400true
- 4₹3100false
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Answer : 3. "₹2400"
Q: A sum of money at compound interest doubles itself in 15 years. It will become eight times of itself in
1124 060632eb38278fd441927b739
60632eb38278fd441927b739- 145 yearstrue
- 248 yearsfalse
- 354 yearsfalse
- 460 yearsfalse
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Answer : 1. "45 years "
Q: What will be the compound interest of Rs 160000 payable half yearly at 10% per annum in 2 years?
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632297804eed097ecb55fefa- 134846false
- 234481true
- 319448false
- 437946false
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