Lecture - 25
Topic: Compound Interest
1. What would be the compound interest accrued on an amount of Tk. 8000 at the rate 15% p.a.
in 3 years?
2. The compound interest on Tk. 2800 for 18 months at 10% p.a. is:
3. If the compound interest on a certain sum at 16(2/3)% for 3 years is Tk. 1270, find the simple
interest on the same sum at the same rate and for the same period.
4. At what rate % per annum of compound interest will Tk. 1600 amount to Tk. 1852.20 in 3
years?
5. An amount of Tk. 10000 becomes Tk. 14641 in 2 years if the interest is compounded half
yearly. What is the rate of compound interest % p.a.?
6. On a sum of money, the simple interest for 2 years is Rs.660,while the compound interest is
Rs. 696.30 , the rate of interest being the same in both the cases. The rate of interest is:
7. A sum of money put at compound interest amounts in 2 years to Tk. 672 and in 3 years to Tk.
714. The rate of interest per annum is:
8. The principle that amounts to Rs. 4913 in 3 years at 6(1/4)% per annum compound interest
compounded annually is
9. A sum of money invested at compound interest amounts to Tk. 4624 in 2 years & to Tk. 4913
in 3 years. The sum of money is:
10. A sum of money becomes Rs. 13380 after 3 years and Rs. 20070 after 6 years on compound
interest. Find the sum
11. The simple interest on a certain sum of money for 3 years at 8% per annum is half the
compound interest on Rs.4000 for 2 years at 10% per annum. The sum placed on simple
interest is .
12. The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The
simple interest on the same for double the time at half the rate percent per annum is
13. If the compound interest on a sum for 2 years at 12(1/2)% per annum is Tk. 510, the simple
interest on the same sum at the same rate for the same period of time is:
14. What will be the difference between simple & compound interest at 10% on a sum of Tk.
1000 after 4 years?
15. The C.I. on a sum of money for 2 years is Rs. 832 and the S.I. on the same sum for the same
period is Rs. 800. The difference between the C.I and S.I. for 3 years will be
16. A person lent out a certain sum on simple interest and the same sum on compound interest
at certain rate of interest per annum. He noticed that the ratio between the difference of
compound interest and simple interest of 3 years and that of 2 years is 25:8. The rate of interest
per annum is.
17. The difference between the compound interest and the simple interest accrued on an
amount of Rs. 18,000 in 2 years was Rs.405. What was the rate of interest p.c.p.a.?
18. Shashi had a certain amount of money. He invested 2/3 of the total money in scheme A for
6 years and rest of the money he invested in scheme B for 2 years. Scheme A offers simple
interest at a rate of 12% p.a. and scheme B offers compound interest ( compound annually) at a
rate of 10% p.a. If the total interest obtained from both the schemes is Rs. 2750. What was the
total amount invested by him in scheme A and scheme B together ? (Approximate value)
19. Mr. Duggal invested Rs. 20000 with rate of interest @ 20 p.c.p.a. The interest was
compounded half - yearly for first one year ans in the next year it was compounded yearly. What
will be the total interest earned at the end of 2 year ?
20. Find the sum of money which will amount to Tk. 26010 in 6 months at the rate of 8% p.a.
when the interest is compounded quarterly.