Compound Interest Practice Question and Answer
8 5 5 5 5 Answer : 2. "12500"
4 4 5 Answer : 1. "Rs 12000"
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Q: A sum of money at compound interest amounts to thrice itself in three years. In how many years will it be 81 times itself? 1523 05d11faf8557b295f691f6571
5d11faf8557b295f691f6571- 127false
- 29false
- 312true
- 415false
- 5None of thesefalse
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Answer : 3. "12"
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? 1740 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: Find the difference between SI and CI for three years at 10% per annual rate on Rs 4000 1556 05d11fe6a557b295f691f6578
5d11fe6a557b295f691f6578- 1Rs 125false
- 2Rs 126false
- 3Rs 124true
- 4Rs 127false
- 5None of thesefalse
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Answer : 3. "Rs 124"
Q: A borrows a sum at 6% per annum. Rate is to be increased by 5% each year. After four year he pays Rs.3375 as simple interest. How much had he borrowed? 1834 05d1202104702d75f7688323d
5d1202104702d75f7688323d- 112,000false
- 212500true
- 310,000false
- 48,000false
- 5None of thesefalse
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Answer : 2. "12500"
Explanation :
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Q: Two equal amounts are deposited in two different banks at 12% for 3 years and 4.5 years. The difference between simple interest received is Rs. 72. Find the amount deposited in bank. 1384 05d1204a8557b295f691f6589
5d1204a8557b295f691f6589- 1500false
- 2400true
- 3600false
- 4450false
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Answer : 2. "400"
Q: A sum is lent for 4 years at simple interest. Had the rate been 3% less, simple interest received would also have been Rs. 96 less. Find the principal? 2072 05d12059e4702d75f7688324d
5d12059e4702d75f7688324d- 1900false
- 2800true
- 3700false
- 41200false
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Answer : 2. "800"
Q: Mr Amin borrowed a certain sum from Mr Visvas. He borrowed for first 2 year at 8% per annum, for next 3 years at 11% per annum and beyond that at 14% per annum. Mr Amin paid Rs 10,920 as Simple interest in 8 years. Find how much he had borrowed? 2914 05d1206c74702d75f76883252
5d1206c74702d75f76883252- 1Rs 12000true
- 2Rs 15000false
- 3Rs 14000false
- 4Data insufficientfalse
- 5None of thesefalse
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Answer : 1. "Rs 12000"
Explanation :
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Q: If rate of interest is 2% more, the amount will exceed Rs. 60 for one year, find the principal? 1538 05d1209c1dea5da6dbe8bf262
5d1209c1dea5da6dbe8bf262- 1300false
- 23,000true
- 36,000false
- 44,000false
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Answer : 2. "3,000"
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