Compound interest questions Practice Question and Answer
8 Q: 1261 in 3 years at the rate of 5 percent annual interest on a sum of money. Interest is received by compound . money will be
865 0603740a69d90e74af72ae9da
603740a69d90e74af72ae9da- 19000false
- 28400false
- 37500false
- 48000true
- Show Answer
- Workspace
- SingleChoice
Answer : 4. "8000"
Q: If the difference between the compound interest and simple interest on a certain sum at 5% per annum for 3 years is Rs.11.40, what is the approximate sum?
863 060a214043c86b056326105e4
60a214043c86b056326105e4- 1Rs.1475false
- 2Rs.1585false
- 3Rs.1485false
- 4Rs.1495true
- Show Answer
- Workspace
- SingleChoice
Answer : 4. "Rs.1495"
Q: What is compound interest on a sum of Rs. 37,500 for years at a rate of 12 % per year. If the interest is compounded 8 monthly?
861 05fbf7caf90530f6255a1a930
5fbf7caf90530f6255a1a930- 1Rs.6, 420false
- 2Rs.6, 448false
- 3Rs.6, 240true
- 4Rs.6, 440false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "Rs.6, 240"
Q: The difference between the compound interest and simple interest on a certain sum at the rate of 5% p.a in 3 years is Rs. 15.25. The sum is:
861 05feda0b30af48a69de4d3600
5feda0b30af48a69de4d3600- 1Rs. 2000true
- 2Rs. 1000false
- 3Rs. 2500false
- 4Rs. 1500false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 2000"
Q: In how many years will Rs 2000 become Rs 2420 at 10 percent compound annual interest?
860 0602df94f6ea6434ffa7b289b
602df94f6ea6434ffa7b289b- 13false
- 2false
- 32true
- 4false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "2"
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?
857 05f1e701426299776aa409bfe
5f1e701426299776aa409bfe- 12280 Rupeesfalse
- 21960 Rupeesfalse
- 32170 Rupeestrue
- 42120 Rupeesfalse
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "2170 Rupees "
Q: Anu invested Rs. 15000 at the rate of interest 10% p.a. for one year. If the compound interest is compounded at every six months, what amount will Anu get at the end of the year?
838 0609910dbc4aedb3e8066b325
609910dbc4aedb3e8066b325- 1Rs. 16525.50false
- 2Rs. 18150false
- 3Rs. 16537.50true
- 4Rs. 16500false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 16537.50"
Q: If the difference between 2 years compound interest and simple interest at the rate of 5 percent of an amount is Rs. 25, then that amount will be?
834 05f97fbd5ed7fc21d78dce39c
5f97fbd5ed7fc21d78dce39c- 1Rs. 15,000false
- 2Rs. 10,000true
- 3Rs. 20,000false
- 4Rs. 12,000false
- Show Answer
- Workspace
- SingleChoice