Compound interest questions Practice Question and Answer
8 Q: What will be the difference between the compound interest and the simple interest on a sum of 1000 for 2 years at 5% per annum?
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Answer : 2. "2.5"
Q: What will be the compound interest on Rs 10000 for 3 years when the rate of interest is 4% in the first year, 5% in the second year and 6% in the third year?
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Answer : 3. "1575.2"
Q: The compound interest on a certain sum for first two successive years are Rs. 100 and Rs. 172 respectively. Find the rate of interest.
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Answer : 4. "10%"
Q: If the present worth of a certain sum due 2 years hence at 10% per annum at a compound interest principal is Rs. 2500, find the amount.
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Answer : 1. "Rs. 2400 "
Q: The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.) is
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Answer : 2. "Rs. 331"
Q: Rs. 10,000 is being compounded at 20% per annum. Calculate the amount after 2 years if the rate of interest is charged half yearly.
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Answer : 4. "14641"
Q: Sanjana invested Rs. 15000 in SI at the rate of 2x% per annum for two years and the same amount is invested in CI at the same rate of interest if she received Rs.150 more interest than S.I, then find the rate of interest per annum?
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Answer : 1. "10 %"
Q: Sanjay invested Rs. 48000 in two different parts one at 10% CI (Compounded half yearly) and another one at 15% SI. At the end of the year he received total interest Rs. 5490, then find the amount invested in SI?
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