Compound interest questions Practice Question and Answer
8 Q: A, B and C invested amounts in the ratio 3 : 4 : 5 respectively. If the schemes offered compound at the rate of 20 % per annum, 15 % per annum and 10 % per annum respectively, then what will be the ratio of their amounts after 1 year?
1197 05f16cb1b8cf3201b6328181d
5f16cb1b8cf3201b6328181d- 136:46:55true
- 212:23:11false
- 33:15:25false
- 46 : 6 : 5false
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Answer : 1. "36:46:55 "
Q: The difference between compound interest and simple interest on a sum for 2 year at 20% per annum is Rs 200. If the interest is compounded half yearly, then what is the difference (in Rs) between compound and simple interest for 15 year?
1248 05f16c9eecf79540a75399492
5f16c9eecf79540a75399492- 1100false
- 2150false
- 350true
- 475false
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Answer : 3. "50"
Q: The sum for 2 years gives a compound interest of ₹ 3225 at 15 % rate. Then sum is
878 05f16c441cf79540a753983b7
5f16c441cf79540a753983b7- 115000false
- 232250false
- 310000true
- 420000false
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Answer : 3. "10000 "
Q: A sum of Rs. 2000 amounts to Rs. 4000 in two years at compound interest. In how many years does the same amount becomes Rs. 8000.
1195 05f16c2698cf3201b6327e6a4
5f16c2698cf3201b6327e6a4- 16false
- 28false
- 32false
- 44true
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Answer : 4. "4 "
Q: The amount on ₹ 25000 in 2 years at annually compound interest. if the rate for the successive years be 4 % and 5 % per annum respectively is
850 05f16bad38cf3201b6327c6e6
5f16bad38cf3201b6327c6e6- 1₹ 28500false
- 2₹ 30000false
- 3₹ 26800false
- 4₹ 27300true
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Answer : 4. "₹ 27300 "
Q: In what time will ₹ 64,000 amount to ₹ 68,921 at 5 % per annum interest being compounded half yearly?
1043 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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Answer : 3. "$$1{1\over 2}\ years$$"
Q: An amount of money at compound interest grows up to Rs. 3,840 in 4 years and up to Rs. 3,936 in 5 years. Find the rate of interest.
1426 05f16b85f97cc6b353bf406b4
5f16b85f97cc6b353bf406b4- 13.5 %false
- 22.05 %false
- 32.5 %true
- 42 %false
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Answer : 3. "2.5 % "
Q: Sita deposited Rs . 5,000 at 10 % simple interest for 2 years. How much more money will Sita have in her account at the end of two years. If it is compounded semiannually.
1882 05f16b7aecf79540a75393e43
5f16b7aecf79540a75393e43- 1Rs. 77.50true
- 2Rs. 85.50false
- 3Rs. 50false
- 4Rs. 40false
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