Compound interest questions Practice Question and Answer
8Q: A sum is lent for 4 years at simple interest. Had the rate been 3% less, simple interest received would also have been Rs. 96 less. Find the principal? 1831 05d12059e4702d75f7688324d
5d12059e4702d75f7688324d- 1900false
- 2800true
- 3700false
- 41200false
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Answer : 2. "800"
Q: A sum of money is invested at 20 % compound interest (compounded annually). It would fetch 723 more if interest is compound half-yearly. The sum is –
1813 05f16ea6e9a713b0717ce222c
5f16ea6e9a713b0717ce222c- 1₹ 20,000false
- 2₹ 7,500false
- 3₹ 72,300true
- 4₹ 30,000false
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Answer : 3. "₹ 72,300 "
Q: Rs.4000 becomes Rs. 5000 in 4 years at a certain rate of compound interest. What will be the sum at the end of 12 years?
1805 05f5afa4069ed13038c19e544
5f5afa4069ed13038c19e544- 1Rs. 7712.50false
- 2Rs. 7812.50true
- 3Rs. 7612.50false
- 4Rs. 7512.50false
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Answer : 2. "Rs. 7812.50"
Q: If the amount is times the sum after 3 years at compound interest compounded annually, then the rate of interest per annum is
1805 05e7f49c41425f51f3ac3cbb5
5e7f49c41425f51f3ac3cbb5- 125%false
- 250%true
- 316.66%false
- 433.33%false
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Answer : 2. "50% "
Q: What will be the compound interest on a sum of Rs. 21000 for 2 years at the rate of 14.28% per annum when interest is compound yearly?
1786 05eb945f443b27164c8e42346
5eb945f443b27164c8e42346- 16428true
- 23162false
- 37129false
- 48231false
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Answer : 1. "6428"
Q: Difference between C.I and S.I for 3 years at 10% is Rs 465. Find the principal. 1734 15d12128a36b7496de237f5cc
5d12128a36b7496de237f5cc- 115000true
- 212000false
- 314000false
- 413000false
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Answer : 1. "15000"
Q: A sum becomes Rs. 2916 in 2 years at 8 % per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be
1733 05f16b6bacf79540a75393d88
5f16b6bacf79540a75393d88- 1Rs. 650false
- 2Rs. 625false
- 3Rs. 600false
- 4Rs. 675true
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Answer : 4. "Rs. 675 "
Q: Mr. Duggal invested Rs. 20, 000 with rate of interest at 20 p.c.p.a. The interest was compounded half yearly for first year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years?
1721 05e4d0f971b69e805d0b7be73
5e4d0f971b69e805d0b7be73- 1Rs. 8,800false
- 2Rs. 9,040true
- 3Rs. 8,040false
- 4Rs. 9,800false
- 5None of thesefalse
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