Compound interest questions Practice Question and Answer
8 Q: If the compound interest rate is 20% per year, compounded half-yearly, then what will be the interest of two years on the principal of 1,00,000?
782 05fa91795ece37f51362df56e
5fa91795ece37f51362df56e- 146,410true
- 244,000false
- 321,000false
- 433,100false
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Answer : 1. "46,410"
Q: If the difference between 2 years compound interest and simple interest at the rate of 5 percent of an amount is Rs. 25, then that amount will be?
722 05f97fbd5ed7fc21d78dce39c
5f97fbd5ed7fc21d78dce39c- 1Rs. 15,000false
- 2Rs. 10,000true
- 3Rs. 20,000false
- 4Rs. 12,000false
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Answer : 2. "Rs. 10,000"
Q: What will be the compound interest of 3 years at the rate of 5 % of 1000 rupees?
788 05f97fb71d8201a50c268c31d
5f97fb71d8201a50c268c31d- 1Rs. 157.650false
- 2Rs. 157.625true
- 3Rs. 155.625false
- 4Rs. 160.625false
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Answer : 2. "Rs. 157.625 "
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?
1240 05f892f5de6aa3e1d0bd231de
5f892f5de6aa3e1d0bd231de- 160,000false
- 270,000false
- 355,000false
- 450,000true
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Answer : 4. "50,000"
Q: In how much time compound money at compound interest of half yearly rate of Rs 800 will be Rs 926.10?
922 05f8014d188aba328edada09e
5f8014d188aba328edada09e- 1$$ {1}{1\over3}year$$false
- 2$$ {1}{1\over2}year$$true
- 3$$ {2}{1\over3}year$$false
- 4$$ {2}{1\over2}year$$false
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Answer : 2. "$$ {1}{1\over2}year$$"
Q: What will be the difference between the compound interest and simple interest of 2 years at the rate of 5 percent annual interest at Rs. 4,000?
693 05f75a67ef66ef56de84ea9d7
5f75a67ef66ef56de84ea9d7- 110true
- 211false
- 320false
- 4100false
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Answer : 1. "10"
Q: A principal increases by 21% over 2 years with compound interest. What will be the simple interest in 4 years at the same interest rate of Rs 1000?
1483 05f6d7d3c5256e8407c2c6f41
5f6d7d3c5256e8407c2c6f41- 1320false
- 2350false
- 3400true
- 4420false
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Answer : 3. "400"
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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