Compound interest questions Practice Question and Answer

Q: Find the difference between SI and CI for three years at 10% per annual rate on Rs 4000 1060 0

  • 1
    Rs 125
    Correct
    Wrong
  • 2
    Rs 126
    Correct
    Wrong
  • 3
    Rs 124
    Correct
    Wrong
  • 4
    Rs 127
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs 124"

  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs. 22506"

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. 1054 0

  • 1
    500
    Correct
    Wrong
  • 2
    400
    Correct
    Wrong
  • 3
    600
    Correct
    Wrong
  • 4
    450
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "400"

Q:

The compound interest earned in two years at 12% per annum Rs 10176. What is the sum (in Rs) invested? 

1047 0

  • 1
    40000
    Correct
    Wrong
  • 2
    80000
    Correct
    Wrong
  • 3
    50000
    Correct
    Wrong
  • 4
    60000
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "40000 "

Q:

If the compound interest rate is 20% per annum compounded half yearly, then what will be the interest for two years on the principal of Rs. 100000?

1046 0

  • 1
    46,410
    Correct
    Wrong
  • 2
    44,000
    Correct
    Wrong
  • 3
    21,000
    Correct
    Wrong
  • 4
    33,100
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "46,410"

Q:

The ratio between compound interest and simple interest for a certain amount is 43 : 40 for 2 years, the find the rate of interest.

1039 0

  • 1
    15 %
    Correct
    Wrong
  • 2
    18 %
    Correct
    Wrong
  • 3
    20 %
    Correct
    Wrong
  • 4
    12 %
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "15 % "

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. 

1030 0

  • 1
    6 : 5 : 4
    Correct
    Wrong
  • 2
    9 : 4 : 6
    Correct
    Wrong
  • 3
    9 : 6 : 5
    Correct
    Wrong
  • 4
    9 : 6 : 4
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "9 : 6 : 4 "

Q:

In what time will ₹ 64,000 amount to ₹ 68,921 at 5 % per annum interest being compounded half yearly? 

1021 0

  • 1
    $$3{1\over 2}\ years$$
    Correct
    Wrong
  • 2
    $$2{1\over 2}\ years$$
    Correct
    Wrong
  • 3
    $$1{1\over 2}\ years$$
    Correct
    Wrong
  • 4
    $$1{3\over 2}\ years$$
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "$$1{1\over 2}\ years$$"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully