Compound interest questions Practice Question and Answer
8 Q: A sum of money invested at compound interest amounts to Rs. 650 at the end of first year and Rs. 676 at the end of second year. The sum of money is
1925 05f16b4d6cf79540a75392bea
5f16b4d6cf79540a75392bea- 1Rs. 625true
- 2Rs. 560false
- 3Rs. 600false
- 4Rs. 540false
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Answer : 1. "Rs. 625 "
Q: Difference between C.I and S.I is Rs.35 at 5% per annum for 2 years. What is the principal? 1920 15d120d6d36b7496de237f5c7
5d120d6d36b7496de237f5c7- 114,000true
- 212,000false
- 310,000false
- 415,000false
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Answer : 1. "14,000"
Q: Sudhanshu invested Rs.15,000 at interest 10 percent at per annum for one year. If the interest is compounded every six months what amount will Sudhanshu get at the end of the year? 1904 05d11fbd04702d75f76883236
5d11fbd04702d75f76883236- 1Rs. 16,537.50true
- 2Rs.16,500false
- 3Rs. 16,525.50false
- 4Rs.18,150false
- 5None of thesefalse
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Answer : 1. "Rs. 16,537.50 "
Q: An amount of money at compound interest grows up to Rs. 3,840 in 4 years and up to Rs. 3,936 in 5 years. Find the rate of interest.
1880 05f16b85f97cc6b353bf406b4
5f16b85f97cc6b353bf406b4- 13.5 %false
- 22.05 %false
- 32.5 %true
- 42 %false
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Answer : 3. "2.5 % "
Q: In how much time the money of Rs 6400 will be Rs 6561 at the rate of 5 percent annual interest if the compound interest is payable quarterly?
1877 05fb4e118488efb77b437f157
5fb4e118488efb77b437f157- 16 Monthtrue
- 212 Monthfalse
- 324 Monthfalse
- 418 Monthfalse
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Answer : 1. "6 Month"
Q: A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest.
1874 05ee05d720cb2490dae74fa45
5ee05d720cb2490dae74fa45- 11500false
- 21600false
- 31568true
- 41750false
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Answer : 3. "1568 "
Q: Sanjay invested Rs. 48000 in two different parts one at 10% CI (Compounded half yearly) and another one at 15% SI. At the end of the year he received total interest Rs. 5490, then find the amount invested in SI?
1866 062f36a5f09a97851b631a345
62f36a5f09a97851b631a345- 118000false
- 212000true
- 322000false
- 425000false
- 5None of thesefalse
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Answer : 2. "12000"
Q: Rs 1250 becomes Rs 1352 after a certain period at the rate of 4% per annum. Find out the period of investment, if interest add in principal after every year? 1854 05d12146236b7496de237f5d1
5d12146236b7496de237f5d1- 14 yearsfalse
- 22 yearstrue
- 33 yearsfalse
- 45 yearsfalse
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Answer : 2. "2 years"
Explanation :
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