Compound interest problems Practice Question and Answer
8 4 4 Q:
607d39b5a4edf93f6177ca21 5 5 Answer : 1. "Rs 12000"
5 Answer : 2. "Rs.208"
5 Answer : 1. "Rs 610.51"
5 4
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. 1070 05d1204a8557b295f691f6589
5d1204a8557b295f691f6589- 1500false
- 2400true
- 3600false
- 4450false
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Answer : 2. "400"
Q: Find the difference between compound interest and simple interest on 5000 for 2 years at 8% p.a payable annually.
779 0607d39b5a4edf93f6177ca21
607d39b5a4edf93f6177ca21- 145false
- 232true
- 357false
- 484false
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Answer : 2. "32"
Q: What amount of compound interest can be obtained on the principal amount of Rs. 15800 at the rate of 6 percent per annum at the end of 2 years? 1990 05d11edcb557b295f691f651c
5d11edcb557b295f691f651c- 1Rs 1,896false
- 2Rs.2012.48false
- 3Rs. 1952.88true
- 4Rs.1,956false
- 5None of thesefalse
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Answer : 3. "Rs. 1952.88"
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? 1989 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: What would be the compound interest obtained on an amount of Rs.1250 at the rate of 8 percent per annum after 2 years? 2883 15d11ebe84702d75f768831e9
5d11ebe84702d75f768831e9- 1Rs.200false
- 2Rs.208true
- 3Rs.212false
- 4Rs.220false
- 5None of thesefalse
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Answer : 2. "Rs.208"
Explanation :
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Q: What will be compound interest-on, a sum of Rs 1000 at die rate of 10 percent per annum after 5 year? 1204 05d11f041557b295f691f6523
5d11f041557b295f691f6523- 1Rs 610.51true
- 2Rs 559.45false
- 3Rs 665.50false
- 4Rs 665.51false
- 5None of thesefalse
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Answer : 1. "Rs 610.51"
Explanation :
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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? 1353 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: Difference between C.I and S.I is Rs.35 at 5% per annum for 2 years. What is the principal? 1419 15d120d6d36b7496de237f5c7
5d120d6d36b7496de237f5c7- 114,000true
- 212,000false
- 310,000false
- 415,000false
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Answer : 1. "14,000"
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