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Compound Intrest 3

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Aditi B
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5 views

Compound Intrest 3

Uploaded by

Aditi B
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Sub: Math Topic: Compound Interest

Compound Interest
Sub: Math Topic: Compound Interest
Sub: Math Topic: Compound Interest
Sub: Math Topic: Compound Interest
Sub: Math Topic: Compound Interest
Sub: Math Topic: Compound Interest

1. The compound interest on a certain sum for 2 years at 𝟏𝟓%


per annum is ₹3,641, when the interest is compounded 8
monthly. The sum is:
a) ₹9,000
b) ₹9,600
c) ₹11,000
d) ₹10,000
Sub: Math Topic: Compound Interest
2. What is the compound interest earned on 𝑹𝒔𝟖𝟎,𝟎𝟎𝟎 at 𝟒𝟎%
per annum in 𝟏 year compound quarterly?
a) 𝟐𝟖𝟑𝟏𝟕
b) 𝟏𝟖𝟕𝟑𝟐
c) 𝟑𝟕𝟏𝟐𝟖
d) 𝟐𝟏𝟑𝟖𝟕
Sub: Math Topic: Compound Interest
3. A certain sum is deposited for 4 years at a rate of 𝟏𝟎% per
annum on compound interest compounded annually. The
difference between the interest at the end of 𝟐 years and that
at the end of 𝟒 years is ₹𝟓,𝟎𝟖𝟐. Find the sum (𝒊𝒏 ₹).
a) 20000
b) 25500
c) 50820
d) 10164
Sub: Math Topic: Compound Interest
4. What is the difference between the compound interest (in ₹)
compounded yearly and compounded half yearly for 18
months at 𝟐𝟎% per annum on a sum of ₹12,000?
a) 121
b) 132
c) 145
d) 165
Sub: Math Topic: Compound Interest
5. What is the difference (in ₹) between the simple interest and
the compound interest on a sum of ₹8000 for 𝟐𝟐 𝟓 years at the
rate of 𝟏𝟎% p.a., when the interest is compounded yearly?
a) 𝟏𝟒𝟕.𝟐𝟎
b) 𝟏𝟓𝟐.𝟖𝟎
c) 155
d) 150
Sub: Math Topic: Compound Interest
6. The simple interest on a certain sum for 3 years at 𝟏𝟐% p.a.
is Rs. 6,750. What is the compound interest (in Rs.) on the
same sum for 2 years at 𝟐𝟎% p.a., if interest is compounded
halfyearly? (Rounded off to the nearest Rs.)
a) 8, 000
c) 7, 729
b) 8, 702
d) 6, 750
Sub: Math Topic: Compound Interest

7. The interest (in ₹) to be paid on a sum of ₹30000 at 𝟏𝟓% p.a.


after 𝟐(𝟐 / 𝟑) years if interest compounded yearly, is:
a) 𝟏𝟒𝟑𝟔𝟐.𝟓𝟎
b) 𝟏𝟐𝟑𝟔𝟒.𝟓𝟎
c) 𝟏𝟔𝟑𝟒𝟐.𝟓𝟎
d) 𝟏𝟑𝟔𝟒𝟐.𝟓𝟎
Sub: Math Topic: Compound Interest
8. What is the compound interest (in Rs) on a sum of Rs 46,000
for 𝟐𝟐 𝟓 years at 𝟏𝟓% per annum, interest being compounded
annually (nearest to a Rs) ?
a) 18, 458
b) 18,485
c) 19,485
d) 19,458
Sub: Math Topic: Compound Interest
9. A sum of Rs 𝟏𝟖,𝟎𝟎𝟎 is invested for 𝟏𝟔 months at the interest
of 𝟖% per annum compounded half yearly. What is the
percentage gain, correct to one decimal place at the end of 16
months?
a) 𝟗%
b) 𝟏𝟎%
c) 𝟏𝟏%
d) 𝟏𝟐%
Sub: Math Topic: Compound Interest
10. If a sum increases by 𝟐𝟏% after 2 years, then the rate of
compound interest per annum, when compounded annually,
must be:
a) 𝟏𝟎. 𝟓%
c) 𝟏𝟎%
b) 𝟏𝟏.𝟓%
d) 𝟏𝟏%
Sub: Math Topic: Compound Interest
11. The compound interest on Rs.𝟏𝟐𝟎𝟎𝟎 for 𝟗 months at 𝟐𝟎%
per annum, interest being compounded quarterly, is:-
a) Rs.𝟏𝟖𝟗𝟏.𝟓𝟎
b) Rs.𝟏𝟗𝟎𝟏.𝟓𝟎
c) Rs.𝟏𝟕𝟗𝟏.𝟓𝟎
d) None of these
Sub: Math Topic: Compound Interest
12. What will be the compound interest on a sum of ₹𝟑𝟏,𝟐𝟓𝟎
for 𝟐 years at 𝟏𝟐% p.a., if the interest is compounded 𝟖-
monthly?
a) 8106
b) 8116
c) ₹𝟖, 𝟎𝟏𝟔
d) ₹𝟖, 𝟏𝟓𝟔
Sub: Math Topic: Compound Interest
13. What is the compound interest (in ₹) on a sum of ₹8192 for
𝟏𝟏 𝟒 years at 𝟏𝟓% per annum. If interest is compounded 5 –
monthly?
a) 1735
b) 1634
c) 1640
d) 1740
Sub: Math Topic: Compound Interest
14. The compound interest on a certain sum of money for 𝟐
years at 𝟓% is Rs 𝟑𝟐𝟖, then the sum is
a) Rs. 𝟑𝟎𝟎𝟎
b) Rs. 𝟑𝟔𝟎𝟎
c) Rs. 𝟑𝟐𝟎𝟎
d) Rs. 𝟑𝟒𝟎𝟎
Sub: Math Topic: Compound Interest
15. Compound interest (compounded annually) on a certain
sum of money for 𝟐 years at 𝟒% per annum is Rs.𝟏𝟎𝟐. The
simple interest on the same sum for the same rate and for the
same period will be:
a) Rs.𝟗𝟗
b) Rs.𝟏𝟎𝟎
c) Rs.𝟏𝟎𝟏
d) Rs.𝟗𝟖
Sub: Math Topic: Compound Interest

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