Compound Interest Practice Question and Answer
8 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
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- 425000false
- 5None of thesefalse
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Answer : 2. "12000"
Q: If a sum of money becomes 8 times in 9 years at compound interest annually, in how much time it will become 32 times?
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5f2cfbecb57ade01caff3d74- 115 yearfalse
- 220 yearfalse
- 325 yearfalse
- 4None of thesetrue
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Answer : 4. "None of these"
Q: A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest.
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5ee05d720cb2490dae74fa45- 11500false
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Answer : 3. "1568 "
Q: When a amount is given at a compound interest rate of 18% per annum, the interest received on compound annual payable in two years will be Rs 960 more than half yearly interest. What is the amount?
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5f892f5de6aa3e1d0bd231de- 160,000false
- 270,000false
- 355,000false
- 450,000true
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Answer : 4. "50,000"
Q: The difference between compound interest and simple interest on a sum for 2 year at 20% per annum is Rs 200. If the interest is compounded half yearly, then what is the difference (in Rs) between compound and simple interest for 15 year?
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Answer : 3. "50"
Q: A, B and C invested amounts in the ratio 3 : 4 : 5 respectively. If the schemes offered compound at the rate of 20 % per annum, 15 % per annum and 10 % per annum respectively, then what will be the ratio of their amounts after 1 year?
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5f16cb1b8cf3201b6328181d- 136:46:55true
- 212:23:11false
- 33:15:25false
- 46 : 6 : 5false
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Answer : 1. "36:46:55 "
Q: A sum of money amounted to Rs.720 in 2 years and Rs.792 in 3 years when interest is compounded annually. The annual rate of interest , (in%) is:
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- 27.50%false
- 37%false
- 410%true
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