Compound Interest Practice Question and Answer
8 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.
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Answer : 4. "14641"
Q: Sanjana invested Rs. 15000 in SI at the rate of 2x% per annum for two years and the same amount is invested in CI at the same rate of interest if she received Rs.150 more interest than S.I, then find the rate of interest per annum?
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Answer : 1. "10 %"
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?
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62f36a5f09a97851b631a345- 118000false
- 212000true
- 322000false
- 425000false
- 5None of thesefalse
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Answer : 2. "12000"
Q: On a certain sum of money, the difference between the compound interest for a year, payable half yearly, and the simple interest for a year is Rs. 56.If the rate of interest in both the cases is 16 %, then the sum is
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5f169bc49a713b0717cce1fe- 1Rs. 8750true
- 2Rs. 5780false
- 3Rs. 1080false
- 4Rs. 7805false
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Answer : 1. "Rs. 8750"
Q: A man invested a sum of money in Scheme A, at a rate of 15% per annum for simple interest, at the end of 2 years the amount received by him is invested in scheme B at 20% per annum for compound interest. If the interest received by him from scheme B at the end of 2 years is Rs. 2860, then find the sum invested by man in the beginning?
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6091e4327748471dd990e5bf- 15000true
- 26500false
- 33250false
- 4None of thesefalse
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Answer : 1. "5000 "
Q: Rashid borrowed Rs.15000 at the rate of 10% p.a. rate of compound interest, compound annually. He repaid a certain amount at the end of the first. Then he paid Rs. 12100 at the end of the 2nd year to completely discharge the loan. What amount did he repay at the end of 1st year?
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- 25500true
- 36500false
- 45800false
- 5None of thesefalse
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Answer : 2. "5500"
Q: What would be the compound interest accrued on an amount of Rs.7850 at the rate of 14% per annum in two years?
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61962c3d1f864f699c35e225- 1Rs.2351.86true
- 2Rs.2880.37false
- 3Rs.2518.22false
- 4Rs.2290.23false
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Answer : 1. "Rs.2351.86 "
Q: A certain sum increases by 50 % in 5 years. Three sums x, y and z are lent for 10, 15 and 20 years respectively. If amount on each sum is equal, then find the ratio of x, y and z.
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6142c1fb71a4af142b0db182- 16 : 5 : 4false
- 29 : 4 : 6false
- 39 : 6 : 5false
- 49 : 6 : 4true
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