Compound interest questions Practice Question and Answer
7 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.
972 06430109b32185cce37265188
6430109b32185cce37265188- 1₹ 928false
- 2₹ 852false
- 3₹ 1152true
- 4₹1024false
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Answer : 3. "₹ 1152"
Q: Rs. 10,000 is being compounded at 20% per annum. Calculate the amount after 2 years if the rate of interest is charged half yearly.
955 062fb5eff39a8157d9718306e
62fb5eff39a8157d9718306e- 114600false
- 212500false
- 314642false
- 414641true
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Answer : 4. "14641"
Q: What will be the compound interest on Rs 10000 for 3 years when the rate of interest is 4% in the first year, 5% in the second year and 6% in the third year?
955 0632294d43f5a4d2dcff4c76c
632294d43f5a4d2dcff4c76c- 11600false
- 21625.5false
- 31575.2true
- 42000false
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Answer : 3. "1575.2"
Q: A sum of Rs. 6,000 is deposited for 3 years at 5% per annuam compound interest (compoun- ded annually). The difference of interests for 3 and 2 years will be:
954 0643e74381ce944a93eaca518
643e74381ce944a93eaca518- 1Rs. 75.00false
- 2Rs. 30.75false
- 3Rs. 330.75true
- 4Rs. 375.00false
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Answer : 3. "Rs. 330.75 "
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?
915 06479d977bf323e479a800d85
6479d977bf323e479a800d85- 126false
- 220true
- 315false
- 418false
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Answer : 2. "20 "
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.
898 06492d80dc7d7c7e067125d43
6492d80dc7d7c7e067125d43- 1₹1,675false
- 2₹1,690false
- 3₹1,685false
- 4₹1,680true
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Answer : 4. "₹1,680"
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:
877 0643e76ae2d621da1169a28b4
643e76ae2d621da1169a28b4- 1Rs. 7,000false
- 2Rs. 7,200false
- 3Rs. 7,500true
- 4Rs. 7,700false
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