Compound interest questions Practice Question and Answer
8Q: Find the difference between SI and CI for three years at 10% per annual rate on Rs 4000 1060 05d11fe6a557b295f691f6578
5d11fe6a557b295f691f6578- 1Rs 125false
- 2Rs 126false
- 3Rs 124true
- 4Rs 127false
- 5None of thesefalse
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Answer : 3. "Rs 124"
Q: Raman took a loan of Rs. 15000 from Laxman. He was agreed that for the first three years rate of interest charged would be at 8% Simple Interest per annum and at 10% Compound Interest (compounded, annually) from the fourth year onwards. Ram did not pay anything until the end of the fifth year. How much would he repay if he clears the entire amount, only at the end of fifth year? (inRs.)
1057 05fd1d80e02048c5f0a1cb303
5fd1d80e02048c5f0a1cb303- 1Rs. 22506true
- 2Rs. 22105false
- 3Rs. 22900false
- 4Rs. 22500false
- 5Rs. 22450false
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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 05d1204a8557b295f691f6589
5d1204a8557b295f691f6589- 1500false
- 2400true
- 3600false
- 4450false
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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 05f16e72ecf79540a753a3034
5f16e72ecf79540a753a3034- 140000true
- 280000false
- 350000false
- 460000false
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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 05f6d7a485256e8407c2c4545
5f6d7a485256e8407c2c4545- 146,410true
- 244,000false
- 321,000false
- 433,100false
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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 05e9d35620a165a45b758616a
5e9d35620a165a45b758616a- 115 %true
- 218 %false
- 320 %false
- 412 %false
- 5None of thesefalse
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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 06142c1fb71a4af142b0db182
6142c1fb71a4af142b0db182- 16 : 5 : 4false
- 29 : 4 : 6false
- 39 : 6 : 5false
- 49 : 6 : 4true
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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 05f16b98d9a713b0717cd4699
5f16b98d9a713b0717cd4699- 1$$3{1\over 2}\ years$$false
- 2$$2{1\over 2}\ years$$false
- 3$$1{1\over 2}\ years$$true
- 4$$1{3\over 2}\ years$$false
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