Compound interest questions Practice Question and Answer
7 Q: The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.) is
1126 062fb5f738921e519c134fd86
62fb5f738921e519c134fd86- 1Rs. 1331false
- 2Rs. 331true
- 3Rs. 300false
- 4Rs. 1300false
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Answer : 2. "Rs. 331"
Q: The compound interest on a certain sum for first two successive years are Rs. 100 and Rs. 172 respectively. Find the rate of interest.
1119 062fb67278921e519c135135a
62fb67278921e519c135135a- 163%false
- 272%false
- 355%false
- 410%true
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Answer : 4. "10%"
Q: A money-lender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum compound interest compounded half yearly and receives the interest at the end of the year. In this way; he ghins Rs. 104.50 a year. The amount of money he borrows, is:
1118 0643e75be72ca731a993c75bb
643e75be72ca731a993c75bb- 1Rs. 6,000false
- 2Rs. 5,500false
- 3Rs. 5,000true
- 4Rs. 4,500false
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Answer : 3. "Rs. 5,000 "
Q: A sum invested at compound inrerest amounts to ₹7,800 in 3 years and ₹11,232 in 5 years. What is the rate per cent?
1117 06479d977bf323e479a800d85
6479d977bf323e479a800d85- 126false
- 220true
- 315false
- 418false
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Answer : 2. "20 "
Q: A borrows an amount of ₹3,600 from B at a rate of 20% simple interest for 2 years and lends 75% of this amount to C at 20% compound interest for 2 years. A uses the remaining amount for his personal purpose. Find the total loss incurred by A.
1103 06430109b32185cce37265188
6430109b32185cce37265188- 1₹ 928false
- 2₹ 852false
- 3₹ 1152true
- 4₹1024false
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Answer : 3. "₹ 1152"
Q: A certain sum, invested at 4% per annum compound interest, compounded half yearly, amounts to Rs. 7,803 at the end of one year. The sum is:
1060 0643e76ae2d621da1169a28b4
643e76ae2d621da1169a28b4- 1Rs. 7,000false
- 2Rs. 7,200false
- 3Rs. 7,500true
- 4Rs. 7,700false
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Answer : 3. "Rs. 7,500"
Q: If interest be compounded half-yearly, then find the compound interest on ₹8,000 at the rate of 20% per annum for 1 year.
1027 06492d80dc7d7c7e067125d43
6492d80dc7d7c7e067125d43- 1₹1,675false
- 2₹1,690false
- 3₹1,685false
- 4₹1,680true
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