Compound Interest Practice Question and Answer
8 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
975 26343e830e76f2264c5dfc78e
6343e830e76f2264c5dfc78e- 1₹2900false
- 2₹2200false
- 3₹2400true
- 4₹3100false
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Answer : 3. "₹2400"
Q: ₹26100 is divided between Mohan and Shyam so that the interest that Mohan receives in 3 years is the same as that Shyam receives in 6 years. If the interest rate of 4% per annum then Mohan's share is :
1058 06343e7991bfb042f96b00045
6343e7991bfb042f96b00045- 1₹8,500false
- 2₹17,400false
- 3₹8,700false
- 4₹19,000true
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Answer : 4. "₹19,000"
Q: What will be the compound interest of Rs 160000 payable half yearly at 10% per annum in 2 years?
936 0632297804eed097ecb55fefa
632297804eed097ecb55fefa- 134846false
- 234481true
- 319448false
- 437946false
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Answer : 2. "34481"
Q: What will be the difference between the compound interest and the simple interest on a sum of 1000 for 2 years at 5% per annum?
777 0632296b44eed097ecb55f91e
632296b44eed097ecb55f91e- 12false
- 22.5true
- 33false
- 43.5false
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Answer : 2. "2.5"
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?
766 0632294d43f5a4d2dcff4c76c
632294d43f5a4d2dcff4c76c- 11600false
- 21625.5false
- 31575.2true
- 42000false
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Answer : 3. "1575.2"
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.
863 062fb67278921e519c135135a
62fb67278921e519c135135a- 163%false
- 272%false
- 355%false
- 410%true
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Answer : 4. "10%"
Q: If the present worth of a certain sum due 2 years hence at 10% per annum at a compound interest principal is Rs. 2500, find the amount.
835 062fb66b78921e519c1350a0f
62fb66b78921e519c1350a0f- 1Rs. 2400true
- 2Rs. 3025false
- 3Rs. 2420false
- 4Rs. 4220false
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Answer : 1. "Rs. 2400 "
Q: The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.) is
791 062fb5f738921e519c134fd86
62fb5f738921e519c134fd86- 1Rs. 1331false
- 2Rs. 331true
- 3Rs. 300false
- 4Rs. 1300false
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