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Basic Questions

The document contains a series of compound interest and population growth questions, categorized into basic, intermediate, and advanced levels. It includes calculations for investments, interest rates, depreciation, and future values over specified periods. Each question requires applying the principles of compound interest and growth rates to solve for unknown values.

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Keshav Singh Punia
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© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
7 views

Basic Questions

The document contains a series of compound interest and population growth questions, categorized into basic, intermediate, and advanced levels. It includes calculations for investments, interest rates, depreciation, and future values over specified periods. Each question requires applying the principles of compound interest and growth rates to solve for unknown values.

Uploaded by

Keshav Singh Punia
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Basic Questions

1. Find the compound interest on $6,000 at 5% per annum for 2 years, compounded annually.

2. What will be the amount after 4 years if $15,000 is invested at 6% compound interest per
annum, compounded annually?

3. A sum of $7,500 is invested at 4% per annum compound interest. Find the interest earned
after 3 years.

4. If $9,000 is invested at an annual compound interest rate of 5% for 2 years, find the total
amount after 2 years.

5. Find the compound interest on $12,000 at 8% per annum for 3 years, compounded annually.

Intermediate Questions

6. A sum of $5,000 grows to $5,512.50 in 2 years at compound interest. Find the rate of
interest per annum.

7. If $20,000 is invested at 7% per annum, how much will it become in 3 years if compounded
annually?

8. A person invested $8,000 at 6% compound interest. What will be the difference between the
interest earned in 2 years and the interest earned in 3 years?

9. A sum becomes $18,150 in 3 years at 5% compound interest per annum. Find the original
principal.

10. The population of a city is 60,000, and it increases at a rate of 3% per annum. Find the
population after 4 years if the growth follows compound interest.

Advanced Questions

11. The price of a car depreciates at 10% per annum. If its current price is $40,000, what will be
its value after 3 years?

12. A businessman invested $50,000 at 10% per annum, compounded annually. How much
interest will he earn in 5 years?

13. A sum triples itself in 10 years under compound interest. Find the annual rate of interest.

14. Find the compound interest on $16,000 at 6% per annum for 2 years, compounded semi-
annually.

15. A sum of $5,000 is invested at 12% per annum, compounded quarterly. Find the total
amount after 2 years.

16. The population of a town was 80,000 five years ago. If the population increases by 4% per
annum, find the present population.

17. A machine worth $25,000 depreciates at 8% per annum. Find its value after 3 years.

18. A sum of $18,000 is invested in two different accounts. One part is at 6% compound interest,
and the other is at 10% compound interest. If the total amount after 2 years is $21,312, find
how much was invested in each account.
19. How long will it take for a sum to double at 8% compound interest per annum?

20. The salary of an employee increases by 10% per annum. If the present salary is $50,000,
what will be the salary after 3 years?

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