Compound interest questions Practice Question and Answer
8 Q: 2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is:
1179 05ef40cfc81a47f2e7aefa1cf
5ef40cfc81a47f2e7aefa1cf- 1₹ 3,38,688false
- 2₹ 3,42,648false
- 3₹ 3,26,400false
- 4₹ 3,34,800true
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Answer : 4. "₹ 3,34,800 "
Q: The sum of length, breadth and height of a cuboid is 25 cm. The length of its diagonal is 15 cm. Find the total surface area of the cuboid.
1553 05ef18cd881a47f2e7ae7f42f
5ef18cd881a47f2e7ae7f42f- 1$$ {200 cm^2}$$false
- 2$$ {400 cm^2}$$true
- 3$$ {500 cm^2}$$false
- 4$$ {600 cm^2}$$false
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Answer : 2. "$$ {400 cm^2}$$"
Q: The difference between simple interest and compound interest on a certain sum at $$ 12{1\over2}$$ % for 3 years is Rs 125. Find the sum.
834 05ef18c8281a47f2e7ae7f341
5ef18c8281a47f2e7ae7f341- 1Rs. 2520false
- 2Rs. 2560true
- 3Rs.2640false
- 4Rs. 2700false
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Answer : 2. "Rs. 2560"
Q: The compound interest on Rs. 6250 at 12% per annum for 1 year, compounded half-yearly is
987 05ee9ac32bc81cb2528ec18b3
5ee9ac32bc81cb2528ec18b3- 1772.50true
- 2772false
- 3672.50false
- 4672false
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Answer : 1. "772.50"
Q: Mr. Tiwari invested Rs.25000 in two fixed deposits X and Y offering compound interest at 6% per annum and 8% per annum, respectively. If the total amount of interest accrued in two years through both fixed deposits is Rs.3518, then the amount invested in scheme X is -
1934 05ee217c7ef054905196ffa10
5ee217c7ef054905196ffa10- 1Rs.12000false
- 2Rs.13500false
- 3Rs.15000true
- 4Rs.16500false
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Answer : 3. "Rs.15000 "
Q: A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest.
1202 05ee05d720cb2490dae74fa45
5ee05d720cb2490dae74fa45- 11500false
- 21600false
- 31568true
- 41750false
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Answer : 3. "1568 "
Q: The compound interest earned in two years at 8 % per annum is 3993.6 . What is the sum invested?
967 05ed9d34af528050f9150037b
5ed9d34af528050f9150037b- 124000true
- 225000false
- 330000false
- 420000false
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Answer : 1. "24000 "
Q: If the compound interest on a certain sum for two consecutive years is Rs.220 and Rs.242, then the rate of interest per annum is
1094 05ec5f7d0552ff02e7121496d
5ec5f7d0552ff02e7121496d- 18%false
- 210%true
- 311%false
- 412%false
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