Compound interest questions Practice Question and Answer
8 Q: There is 40 % increase in an amount in 8 years at simple interest. What will be the compound interest (in rupees) of Rs 30000 after 2 years at the same rate?
2229 05dd63c02db51363c023955b6
5dd63c02db51363c023955b6- 16150false
- 27687.5false
- 34612.5false
- 43075true
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Answer : 4. "3075 "
Q: The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 9 % per anmum is Rs . 405 The sum is
2196 05d9dacf15863b37fdc696104
5d9dacf15863b37fdc696104- 150000true
- 2100000false
- 3200000false
- 4150000false
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Answer : 1. "50000"
Explanation :
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Q: Find the compound interest on Rs.6250 at 12% per annum rate for one year if interest is calculated on half yearly basis. 2174 05d11f65d4702d75f768831f9
5d11f65d4702d75f768831f9- 1Rs 772.50true
- 2Rs 772false
- 3Rs 662false
- 4Rs 663false
- 5None of thesefalse
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Answer : 1. "Rs 772.50"
Explanation :
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Q: A certain sum amount to Rs.5832 in 2 year at 8% per annum at compound interest, the sum is
2141 05f0ec2a8f4c8bf4bad01db87
5f0ec2a8f4c8bf4bad01db87- 1Rs. 5,800false
- 2Rs. 5,000true
- 3Rs. 5,280false
- 4Rs. 5,400false
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Answer : 2. "Rs. 5,000"
Q: An amount of money appreciates to Rs. 7,000 after 4 years and to Rs. 10,000 after 8 years at a certain compound interest compounded annually. The initial amount of money was
2013 05f16b6188cf3201b6327b5e7
5f16b6188cf3201b6327b5e7- 1Rs. 4100false
- 2Rs. 4300false
- 3Rs. 4700false
- 4Rs . 4900true
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Answer : 4. "Rs . 4900 "
Q: A certain amount of money is lent out at compound interest at the rate of 20% per annum for two years, compounded annually. It would give Rs. 482 more if the amount is compounded half yearly. Find the principal.
2010 05e78be394572817353d470b0
5e78be394572817353d470b0- 1Rs. 30000false
- 2Rs. 10000false
- 3Rs. 15000false
- 4Rs. 25000false
- 5Rs. 20000true
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Answer : 5. "Rs. 20000"
Q: A sum on compound interest amounts to Rs. 2410 in 3 years and Rs. 2651 in 4 years. Find the sum.
2000 05fd878206c22b74b3a9ef28e
5fd878206c22b74b3a9ef28e- 1Rs. 1216false
- 2Rs. 1500false
- 3Rs. 1900false
- 4Rs. 1600false
- 5None of thesetrue
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Answer : 5. "None of these"
Q: What amount of compound interest can be obtained on the principal amount of Rs. 15800 at the rate of 6 percent per annum at the end of 2 years? 1970 05d11edcb557b295f691f651c
5d11edcb557b295f691f651c- 1Rs 1,896false
- 2Rs.2012.48false
- 3Rs. 1952.88true
- 4Rs.1,956false
- 5None of thesefalse
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