Compound interest questions Practice Question and Answer
8 Q: A principal of Rs. 6120 becomes Rs. 8330 in 2 years when compounded annually at some rate of interest. How much will be the amount if the same principal was compounded half-yearly?
2148 05e78bf0e4572817353d4744d
5e78bf0e4572817353d4744d- 1Rs. 8430true
- 2Rs. 8500false
- 3Rs. 8300false
- 4Rs. 8750false
- 5None of thesefalse
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 8430"
Q: The difference between C.I and S.I is Rs 200 at 5% for 2 years. Find the principal? 2128 25d121376dea5da6dbe8bf27a
5d121376dea5da6dbe8bf27a- 180,000true
- 240,000false
- 320,000false
- 410,000false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "80,000"
Explanation :
undefined
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 -
2110 05ee217c7ef054905196ffa10
5ee217c7ef054905196ffa10- 1Rs.12000false
- 2Rs.13500false
- 3Rs.15000true
- 4Rs.16500false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "Rs.15000 "
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? 2089 05d11edcb557b295f691f651c
5d11edcb557b295f691f651c- 1Rs 1,896false
- 2Rs.2012.48false
- 3Rs. 1952.88true
- 4Rs.1,956false
- 5None of thesefalse
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 1952.88"
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.
2066 05f16b7aecf79540a75393e43
5f16b7aecf79540a75393e43- 1Rs. 77.50true
- 2Rs. 85.50false
- 3Rs. 50false
- 4Rs. 40false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 77.50 "
Q: The simple interest accrued on an amount of Rs 15,000 at the end of three year is Rs 2,250. What would be the compound interest accrued on the same amount at the same rate in the same period? 1965 05d11f893557b295f691f656a
5d11f893557b295f691f656a- 1Rs 8934.6784false
- 2Rs 8017.5744false
- 3Rs 7861.8754false
- 4Cannot be determinedfalse
- 5None of thesetrue
- Show Answer
- Workspace
- SingleChoice
Answer : 5. "None of these"
Q: A certain sum amounts to Rs 1308 in 3 years, while it becomes Rs 1380 in 5 years. Find the principal. 1961 15d120c07dea5da6dbe8bf267
5d120c07dea5da6dbe8bf267- 1Rs 1100false
- 2Rs 1200true
- 3Rs 1300false
- 4Rs 1400false
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "Rs 1200"
Explanation :
undefined
Q: B borrows 5,000 from A at 6 % p.a. simple interest and lends it to C at compound interest of 10 % p.a. If B collects the money back from C after 2 years and repays A, the profit made by B in the transaction is
1888 05dd63d7b7780ee35515b293c
5dd63d7b7780ee35515b293c- 1Rs. 1,050false
- 2Rs. 500false
- 3Rs. 450true
- 4Rs. 600false
- Show Answer
- Workspace
- SingleChoice