Compound interest problems Practice Question and Answer
8 5 Answer : 2. "12500"
4 4 5 Answer : 1. "Rs 12000"
4 4 Answer : 2. "Rs 1200"
4 4 Answer : 1. "80,000"
Q: A borrows a sum at 6% per annum. Rate is to be increased by 5% each year. After four year he pays Rs.3375 as simple interest. How much had he borrowed? 1487 05d1202104702d75f7688323d
5d1202104702d75f7688323d- 112,000false
- 212500true
- 310,000false
- 48,000false
- 5None of thesefalse
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Answer : 2. "12500"
Explanation :
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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. 1088 05d1204a8557b295f691f6589
5d1204a8557b295f691f6589- 1500false
- 2400true
- 3600false
- 4450false
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Answer : 2. "400"
Q: A sum is lent for 4 years at simple interest. Had the rate been 3% less, simple interest received would also have been Rs. 96 less. Find the principal? 1476 05d12059e4702d75f7688324d
5d12059e4702d75f7688324d- 1900false
- 2800true
- 3700false
- 41200false
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Answer : 2. "800"
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? 2025 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: If rate of interest is 2% more, the amount will exceed Rs. 60 for one year, find the principal? 1142 05d1209c1dea5da6dbe8bf262
5d1209c1dea5da6dbe8bf262- 1300false
- 23,000true
- 36,000false
- 44,000false
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Answer : 2. "3,000"
Q: A certain sum amounts to Rs 1308 in 3 years, while it becomes Rs 1380 in 5 years. Find the principal. 1661 15d120c07dea5da6dbe8bf267
5d120c07dea5da6dbe8bf267- 1Rs 1100false
- 2Rs 1200true
- 3Rs 1300false
- 4Rs 1400false
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Answer : 2. "Rs 1200"
Explanation :
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Q: Difference between C.I and S.I for 3 years at 10% is Rs 465. Find the principal. 1455 15d12128a36b7496de237f5cc
5d12128a36b7496de237f5cc- 115000true
- 212000false
- 314000false
- 413000false
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Answer : 1. "15000"
Q: The difference between C.I and S.I is Rs 200 at 5% for 2 years. Find the principal? 1820 25d121376dea5da6dbe8bf27a
5d121376dea5da6dbe8bf27a- 180,000true
- 240,000false
- 320,000false
- 410,000false
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Answer : 1. "80,000"
Explanation :
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