Compound interest questions Practice Question and Answer
8 Q: The sum for 2 years gives a compound interest of ₹ 3225 at 15 % rate. Then sum is
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5f16c441cf79540a753983b7- 115000false
- 232250false
- 310000true
- 420000false
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Answer : 3. "10000 "
Q: A sum of Rs 5,000 amounts to Rs 7,200 in 8 years at a certain rate percent p.a, interest compounded yearly. What will be the compound interest on a sum of Rs.6,550 in 4 years at the same rate of interest?
1077 0605318c3a37d522d6c196d80
605318c3a37d522d6c196d80- 1Rs. 1,290false
- 2Rs.1,310true
- 3Rs. 1285false
- 4Rs. 1,415false
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Answer : 2. "Rs.1,310"
Q: What is a difference between simple interest and compound interest in 1 year at a rate of 10 percent on an amount of Rs. 1200. If interest is half yearly compounded?
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5f3f999e9b782961da393fd1- 15 Rupeesfalse
- 26 Rupeesfalse
- 33 Rupeestrue
- 49 Rupeesfalse
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Answer : 3. "3 Rupees"
Q: In how many years will be Rs. 2,000 amounts to Rs.2,420 at 10% per annum compound interest ?
1069 05f15435ecf79540a75334ff6
5f15435ecf79540a75334ff6- 13 yearsfalse
- 25 yearsfalse
- 32 yearstrue
- 44 yearsfalse
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Answer : 3. "2 years"
Q: What will be the compound interest on a sum of Rs 7500 at 4 % in 2 years?
1061 05df0b7133d76f974e561f1c6
5df0b7133d76f974e561f1c6- 1618false
- 2612true
- 3624false
- 4606false
- 5621false
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Answer : 2. "612"
Q: There is 80% increase in amount in 5 years at simple interest. What will be the compound interest of Rs. 20,000 after 3 years at the same rate?
1055 05f2cfad5be9f31290fb86158
5f2cfad5be9f31290fb86158- 1Rs.1000false
- 2Rs.11217.92true
- 3Rs.11717.20false
- 4Rs.13217.92false
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Answer : 2. "Rs.11217.92"
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?
1055 160c097fa046ad7381c626c70
60c097fa046ad7381c626c70- 13 yearsfalse
- 24 yearstrue
- 32.5 yearsfalse
- 43.5 yearsfalse
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Answer : 2. "4 years"
Q: In how much time compound money at compound interest of half yearly rate of Rs 800 will be Rs 926.10?
1048 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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