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Compound Interest

The document contains a series of mathematical problems related to compound interest, including calculations for various principal amounts, interest rates, and time periods. It features multiple-choice questions that require determining the compound interest or the principal based on given conditions. The problems cover a range of scenarios, including different compounding frequencies and comparisons between compound and simple interest.

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jatavkarauli
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0% found this document useful (0 votes)
2 views

Compound Interest

The document contains a series of mathematical problems related to compound interest, including calculations for various principal amounts, interest rates, and time periods. It features multiple-choice questions that require determining the compound interest or the principal based on given conditions. The problems cover a range of scenarios, including different compounding frequencies and comparisons between compound and simple interest.

Uploaded by

jatavkarauli
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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MATHS

COMPOUND INTEREST
By : By:
P.K.P.KSir
Sir
1. What will be the compound interest on 30,000 for 2 7. What will be the compound interest on 2000 for 2
years at the rate of 5% per annum ? years if the rate of interest is 10% & is compounded
30,000 5% 2 half-yearly?
(A) 3000 (B) 3075 (C) 3500 (D) 3200
2. What will be the compound interest on a sum of
1 (A) 431 (B) 431.0125
15000 for 2 years at the rate of 10% per annum ? (C) 343.246 (D) 440.20
2
8. Compound interest for the third year at 10% P.A. is
1
15000 2 10% 605, what will be the principal ?
2
10% 605

(A) 4000 (B) 4057.50


(A) 4500 (B) 5600 (C) 5000 (D) 6000
(C) 4200.50 (D) 4500 9. What is the principal at which compound interest at
3. How much will the sum of 1250 become in two years 5% annual rate for the 2nd year is 441?
at 8% annual compound interest ?
5%
441
(A) 8000 (B) 7200 (C) 8400 (D) 6400
(A) 1280 (B) 1526 (C) 1458 (D) 1566
10. The sum to be paid as amount on 8000 for 3 years at
4. In how many years will 2500 become 3136 at the
the rate of 10% annual compound interest will be –
rate of 12% P.A. at compound interest ?

(A) 10,600 (B) 10,648


1
(A) 2 Years (B) 1 Years (C) 12,548 (D) 9,632
2
11. If 10,000 is lent for 3 years at the rate of 5% P.A. at
1
(C) 2 Years (D) 3 Years compound interest, what will be the interest?
2
5. The current value of a plot is 5,00,000. If price in-
creases by 5% each year, what will be the value of plot
after two years? (A) 1576.00 (B) 1576.25
5,00,000 (C) 1675.25 (D) 1525.00
2 12. If the sum of 10,000 was lent at quarterly basis at
(A) 5,51,250 (B) 5,50,000 the rate of 40% P.A., the compound interest at the
end of the year will be –
(C) 5,00,000 (D) None of these
6. What will be the compound interest on 240 for 2
1 (A) 4641.00 (B) 4600.00
years, if the rate of interest for 1st year is 2 % & 5%
2 (C) 4545.00 (D) 4448.60
for the 2nd year?
13. The sum which becomes 450 at the end of the 1st
1 year and 506.25 at the end of the 2nd year will be
2 %
2
if compound interest is calculated annualy?

(A) 258 (B) 352 506.25


(C) 260.30 (D) 258.30
[1]
(A) 2 % (B) 4 % (C) 5 % (D) 6 %
(A) 420 (B) 410 (C) 400 (D) 415 21. At what rate simple interest and compound interest
14. The difference between compound interest and simple (calculated annually) for 2 years on a sum are 800
interest on a sum for two years at the rate of 8% an- and 832 respectively. What is that sum?
nual interest is 256. When interest is calculated an-
nually, find the principal?
8% 2
256 (A) 4000 (B) 5000 (C) 6000 (D) 7000
22. Simple interest and compound interest on a sum given
(A) 40,000 (B) 4,000 at a rate in two years are 900 and 954 respectively.
(C) 400 (D) 50,000 What is that sum?
15. What will the difference be between compound inter-
est and simple interest on a sum of 5,000 for three
years at the rate of 5% P.A. ?
(A) 3750 (B) 3650 (C) 4000 (D) 4200
23. A sum upon being added each year to a certain com-
pound interest becomes 5000 in 4 years and 8000
(A) 38.125 (B) 40.125 in 8 years. Accordingly what is the principal ?
(C) 42.215 (D) 44.220
16. What will the difference be between compound inter-
est and simple interest on a sum of 2500 for 3 years
at the rate of 10% P.A. ?
2500 10% 3 (A) 2725 (B) 2925 (C) 3125 (D) 3325
24. A sum becomes 3000 in 2 years & 4000 in 4 years.
(A) 77.50 (B) 70 The sum is–
(C) 75 (D) 78.25
17. What is the difference between compound interest and
simple interest on 7000 for 2 years at the rate of 4% (A) 1800 (B) 2050 (C) 2250 (D) 2450
P.A. ? 25. What will be compound interest on 500 for 9 months
at 8% annual rate, when rate of interest is calculated
quarterly?
(A) 12.20 (B) 11.20 500 8% 9
(C) 13.20 (D) 14.20
18. What will be the difference between simple interest (A) 30.64 (B) 34.60
and compound interest on 10,000 for two years at (C) 38.052 (D) 30.604
the rate of 20% half yearly ? 26. Simple interest and compound interest on a sum in
two years are 40 and 46 respectively. Find out
rate–
(A) 441 (B) 641 (C) 741 (D) 841
19. A sum becomes 4500 in 3 years and 5400 in 4 years
at compound interest. Accordingly, what is the rate of (A) 20 % (B) 25 % (C) 30 % (D) 40 %
interest? 27. A sum with compound interest becomes 3 times in 7
years, in how much time will that sum become 27
times of itself ?

(A) 10 % (B) 12 % (C) 16 % (D) 20 %


20. A sum lent at compound interest becomes 5618 in 4 (A) 14 Years / (B) 18 Years /
years and 5955.08 in 5 years, what is the rate of (C) 21 Years / (D) 28 Years /
interest? 28. A sum on compound interest becomes 4 times in 5
years, in how much time will that sum become 16
times of itself at that very interest rate?

[2]
3
(A) 4 Years / (B) 8 Years / 36. A sum becomes 3 times upon adding compound in-
8
(C) 10 Years / (D) 12 Years / terest of three years on the basis of annual compound
29. A sum on compound interest becomes 9 times in 4 interest, find out annual rate of interest?
years, how many times will that sum become of it-
self at the same compound interest in 6 years?
3
3
6 8
(A) 21 times / (B) 36 times /
(C) 33 times / (D) 27 times / 1 1
30. A sum on compound interest becomes 16 times in 8 (A) 50 % (B) 55 %
3
(C) 33 %
3
(D) 25%
years, how many times will that sum become at com-
pound interest after 10 years? 37. If a sum becomes 1.44 times of it self in two years at
compound interest on annual basis, what is annual
rate of interest?
10
(A) 36 times / (B) 34 times /
(C) 30 times / (D) 32 times /
31. A deposited sum of 2000 at compound interest be- (A) 20 % (B) 10 % (C) 25 % (D) 15 %
comes 3 times in 6 years, how many times will it be- 38. A sum becomes 2400 in 12 years and 3000 in 16
come after 18 years? years at the rate of compound interest. How much
will that sum become in 20 years?
12 2400 16
(A) 54,000 (B) 72,000 3000 20
(C) 76,000 (D) 90,000
32. 10,000 at the rate of compound interest becomes 2
(A) 3600 (B) 3650 (C) 3700 (D) 3750
times in 4 years. How much will that sum become
in 8 years? 39. A sum becomes 1600 in 6 years and 2000 in 10
years at the rate of compound interest, how much
will that sum become in 14 years?
(A) 40,000 (B) 50,000 6 1600 10
(C) 60,000 (D) 80,000 2000 14
33. At what annual rate of compound interest will a sum (A) 2300 (B) 2400 (C) 3000 (D) 2500
be equal to 32 times of itself ?
40. A sum becomes 8 times in three years at the rate of
compound interest, what is the annual rate?
3 8
(A) 100 % (B) 200 % (C) 300 % (D) 400 %
34. At what annual rate of compound interest will a sum
be equal to 81 times of itself ? (A) 50 % (B) 100 % (C) 150 % (D) 200 %
41. A money lender lent 5150 which was to be paid back
in two equal instalments after two years at the rate of
(A) 200 % (B) 300 % (C) 400 % (D) 500 % 6% annual compound interest. How much money will
be paid through each instalment?
35. Simple interest on a sum in 2 years at the rate of 5%
annual interest is 500, what will be compound in-
terest on that sum in that time period?

(A) 2709 (B) 2809 (C) 2909 (D) 3009


500
42. Money taken as loan was paid back in two instalments
of annual 726. If the rate of compound interest is
(A) 522.50 (B) 512.50 annual 10%, how much money was borrowed?
(C) 500.50 (D) 525.50

[3]
(A) 1160 (B) 1260 (C) 1360 (D) 1460
43. A person wants to distribute a sum of 55,506 be-
tween his two daughters who are aged 14 and 16
years respectively in such a way that if its two parts
are invested at compound interest of 5% annual rate,
two daughters upon turning 18 receives equal sum.
How much sum will 14 year old doughter receive?
55,506 14
16
5%
18 14

(A) 26,400 (B) 26,900


(C) 25,000 (D) 26,000

[4]

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