Compound Interest 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
1768 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? 1765 15d120d6d36b7496de237f5c7
5d120d6d36b7496de237f5c7- 114,000true
- 212,000false
- 310,000false
- 415,000false
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Answer : 1. "14,000"
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.
1743 05f16b85f97cc6b353bf406b4
5f16b85f97cc6b353bf406b4- 13.5 %false
- 22.05 %false
- 32.5 %true
- 42 %false
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Answer : 3. "2.5 % "
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: 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?
1724 06091e4327748471dd990e5bf
6091e4327748471dd990e5bf- 15000true
- 26500false
- 33250false
- 4None of thesefalse
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Answer : 1. "5000 "
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?
1706 05fb4e118488efb77b437f157
5fb4e118488efb77b437f157- 16 Monthtrue
- 212 Monthfalse
- 324 Monthfalse
- 418 Monthfalse
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Answer : 1. "6 Month"
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? 1705 05d12146236b7496de237f5d1
5d12146236b7496de237f5d1- 14 yearsfalse
- 22 yearstrue
- 33 yearsfalse
- 45 yearsfalse
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Answer : 2. "2 years"
Explanation :
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Q: Find the amount (integral value only) if a sum of ₹6,500 is being borrowed at 10% interest per annum for 2 years if interest is compounded half-yearly.
1699 0649e859c3662c8741d0ada50
649e859c3662c8741d0ada50- 1₹.8,150false
- 2₹.7,900true
- 3₹.7,650false
- 4₹. 8,250false
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