Compound interest questions Practice Question and Answer
8 Q: What will be the compound interest (compounded annually) of 3 years at the rate of 12.5 percent on an amount of Rs. 5120?
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5f1e701426299776aa409bfe- 12280 Rupeesfalse
- 21960 Rupeesfalse
- 32170 Rupeestrue
- 42120 Rupeesfalse
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Answer : 3. "2170 Rupees "
Q: A man borrowed some money from a private organisation at 5 % simple interest per annum. He landed this money to another person at 10% compound interest per annum, and made a profit of Rs. 26,410 in 4 years. The man borrowed
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5f16ebfd8cf3201b6328d75e- 1132050false
- 2100000true
- 3200000false
- 4150000false
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Answer : 2. "100000"
Q: A sum of money is invested at 20 % compound interest (compounded annually). It would fetch 723 more if interest is compound half-yearly. The sum is –
1702 05f16ea6e9a713b0717ce222c
5f16ea6e9a713b0717ce222c- 1₹ 20,000false
- 2₹ 7,500false
- 3₹ 72,300true
- 4₹ 30,000false
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Answer : 3. "₹ 72,300 "
Q: In 3 years ₹ 3000 amounts to ₹ 3993 at x % compound interest, compounded annually. The value of x is
1093 05f16e8728cf3201b6328c136
5f16e8728cf3201b6328c136- 15%false
- 233%false
- 310%true
- 48%false
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Answer : 3. "10% "
Q: The compound interest earned in two years at 12% per annum Rs 10176. What is the sum (in Rs) invested?
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5f16e72ecf79540a753a3034- 140000true
- 280000false
- 350000false
- 460000false
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Answer : 1. "40000 "
Q: If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs 24200, and Rs 26620 respectively, what is the rate (in %) of interest?
1201 05f16e4b18cf3201b6328b4a5
5f16e4b18cf3201b6328b4a5- 19false
- 24false
- 37false
- 410true
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Answer : 4. "10 "
Q: If the amount is $$3{3\over 8}$$ times the sum after 3 years at compound interest compounded annually, then the rate of interest per annum is
1022 05f16d33acf79540a7539c7a1
5f16d33acf79540a7539c7a1- 163%false
- 233%false
- 325%false
- 450%true
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Answer : 4. "50% "
Q: A certain amount of money earns ₹ 540 as simple interest in 3 years. If it earns compound interest of ₹ 376.20 at the same rate of interest in 2 years, find the principal (in Rupees).
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5f16cd1a9a713b0717cd9996- 12100false
- 22000true
- 31600false
- 41800false
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