Compound interest questions Practice Question and Answer
8 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?
1185 05f6d7a485256e8407c2c4545
5f6d7a485256e8407c2c4545- 146,410true
- 244,000false
- 321,000false
- 433,100false
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Answer : 1. "46,410"
Q: How much time will it take for an amount of Rs.360 to yield Rs.72 as interest at 5 % p.a of simple interest?
1180 160c097fa046ad7381c626c70
60c097fa046ad7381c626c70- 13 yearsfalse
- 24 yearstrue
- 32.5 yearsfalse
- 43.5 yearsfalse
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Answer : 2. "4 years"
Q: The compound interest earned in two years at 12% per annum Rs 10176. What is the sum (in Rs) invested?
1170 05f16e72ecf79540a753a3034
5f16e72ecf79540a753a3034- 140000true
- 280000false
- 350000false
- 460000false
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Answer : 1. "40000 "
Q: The compound interest on Rs. 6250 at 12% per annum for 1 year, compounded half-yearly is
1163 05ee9ac32bc81cb2528ec18b3
5ee9ac32bc81cb2528ec18b3- 1772.50true
- 2772false
- 3672.50false
- 4672false
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Answer : 1. "772.50"
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.
1161 06142c1fb71a4af142b0db182
6142c1fb71a4af142b0db182- 16 : 5 : 4false
- 29 : 4 : 6false
- 39 : 6 : 5false
- 49 : 6 : 4true
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Answer : 4. "9 : 6 : 4 "
Q: A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investment be at the end of the 2nd year?
1153 0606c3514f306525d8e18823b
606c3514f306525d8e18823b- 1Rs. 4355false
- 2Rs. 4305true
- 3Rs. 430false
- 4Rs. 4350false
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Answer : 2. "Rs. 4305"
Q: The compound interest on 12000 for 9 months at 20 % per annum , interest being compounded quarterly is
1129 05f16b369cf79540a7539251c
5f16b369cf79540a7539251c- 1₹ 2136false
- 2₹ 1750false
- 3₹ 1891.50true
- 4₹ 2089.70false
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Answer : 3. "₹ 1891.50 "
Q: A man borrows some money at 3% simple interest per annum and lends it to somebody at 5% interest to be compounded annually. By this he makes a profit of Rs.541 at the end of 3 years. The money he borrowed was-
1127 060c199ba590e633a7d3b660e
60c199ba590e633a7d3b660e- 1Rs. 15800false
- 2Rs. 18400false
- 3Rs. 8000true
- 4Rs. 12000false
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