Compound interest questions Practice Question and Answer
8 Q: On a certain principal if the simple interest for two years is Rs. 1400 and compound interest for the two years is Rs. 1449, what is the rate of interest?
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5e86cf2cb22d214bc7c92e25- 13.5 %false
- 214 %false
- 37 %true
- 421 %false
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Answer : 3. "7 % "
Q: What is compound interest accrued on an amount of Rs 45000 in 2 yr @ 9% per annum ?
1426 05e6c8683b8843673942af96a
5e6c8683b8843673942af96a- 1Rs 8600false
- 2Rs 8565.40false
- 3Rs 8464.50true
- 4Rs 8540false
- 5None of thesefalse
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Answer : 3. "Rs 8464.50"
Q: When a amount is given at a compound interest rate of 18% per annum, the interest received on compound annual payable in two years will be Rs 960 more than half yearly interest. What is the amount?
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5f892f5de6aa3e1d0bd231de- 160,000false
- 270,000false
- 355,000false
- 450,000true
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Answer : 4. "50,000"
Q: A, B and C invested amounts in the ratio 3 : 4 : 5 respectively. If the schemes offered compound at the rate of 20 % per annum, 15 % per annum and 10 % per annum respectively, then what will be the ratio of their amounts after 1 year?
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5f16cb1b8cf3201b6328181d- 136:46:55true
- 212:23:11false
- 33:15:25false
- 46 : 6 : 5false
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Answer : 1. "36:46:55 "
Q: The difference between compound interest and simple interest on a sum for 2 year at 20% per annum is Rs 200. If the interest is compounded half yearly, then what is the difference (in Rs) between compound and simple interest for 15 year?
1400 05f16c9eecf79540a75399492
5f16c9eecf79540a75399492- 1100false
- 2150false
- 350true
- 475false
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Answer : 3. "50"
Q: A sum of money placed at compound interest triples itself in 9 year. In how many years will if amount to 243 times itself?
1400 05f4e171f7e85226ee746d291
5f4e171f7e85226ee746d291- 127 yearsfalse
- 236 yearsfalse
- 345 yearstrue
- 454 yearsfalse
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Answer : 3. "45 years"
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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62f36c0f55c5be58410dc1de- 110 %true
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Answer : 1. "10 %"
Q: A sum of money amounted to Rs.720 in 2 years and Rs.792 in 3 years when interest is compounded annually. The annual rate of interest , (in%) is:
1372 060bf60a7c40f0c12f4b8e8ed
60bf60a7c40f0c12f4b8e8ed- 15%false
- 27.50%false
- 37%false
- 410%true
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