Compound Interest Question
1. Find the compound interest on Rs. 2,000 for 2 years at 10% p.a.?
1) Rs. 200
2) Rs. 210
3) Rs. 220
4) Rs. 230
Compound Interest Question
2. Find the compound interest on Rs. 16,000 for 3 years at 5% p.a.?
1) Rs. 2,432
2) Rs. 2,500
3) Rs. 2,600
4) Rs. 2,720
Compound Interest Question
3. What sum of money at C.I. will amount to Rs. 12,945.93 in 3 years, if the rate
of interest is 7% for first year, 9% for the second year, and 11% for the third year?
1) Rs. 10,000
2) Rs. 10,500
3) Rs. 10,800
4) Rs. 11,000
Compound Interest Question
4. On what sum of money will the compound interest be Rs. 2,648 in 3 years at
10% p.a.?
1) Rs. 6,000
2) Rs. 7,000
3) Rs. 7,500
4) Rs. 8,000
Compound Interest Question
5. At what rate percent per annum will Rs. 625 amount to Rs. 676 in 2 years at C.I.
?
1) 4%
2) 5%
3) 10%
4) 6%
Compound Interest Question
6. If the interest is compounded half-yearly, what will be the C.I. on Rs. 1,25,000
in 1.5 years at 4% p.a.?
1) Rs. 7,651
2) Rs. 7,506
3) Rs. 7,200
4) Rs. 7,850
Compound Interest Question
7. In what time will Rs. 2,000 amount to Rs. 2,420 at 10% p.a. C.I.?
1) 1.5 years
2) 2 years
3) 2.5 years
4) 3 years
Compound Interest Question
8. Find the C.I. on Rs. 10,000 at 10% p.a. for 2 years and 3 months?
1) Rs. 2,310
2) Rs. 2,420
3) Rs. 2,500
4) Rs. 2,600
Compound Interest Question
9. A certain sum becomes double itself in 3 years. In how many years will it
become 8 times at C.I.?
1) 6 years
2) 8 years
3) 9 years
4) 12 years
Compound Interest Question
10. A certain sum becomes triple itself in 5 years. In 25 years, it will become how
many times in C.I.?
1) 240
2) 252
3) 243
4) 250
Compound Interest Question
11. At what % p.a. will a sum of money become 8 times in 3 years at C.I.?
1) 100%
2) 120%
3) 90%
4) 80%
Compound Interest Question
12. The C.I. on a sum of money for 2 years is Rs. 1,680, and S.I. on the same sum
for the same period at the same rate is Rs. 1,600. Find the rate% p.a.?
1) 10%
2) 12%
3) 15%
4) 8%
Compound Interest Question
13. The population of a town is 5,000. It is increasing by 10% every year. After
how many years will the population be 6,655?
1) 2 years
2) 4 years
3) 3 years
4) 5 years
Compound Interest Question
14. The difference between the S.I. and C.I. on a certain sum for 2 years at 5% p.a.
is Rs. 15. Find the sum.
1) Rs. 7,000
2) Rs. 6,200
3) Rs. 8,000
4) Rs. 7,500
Compound Interest Question
15. The difference between the S.I. and C.I. for 3 years at 10% p.a. is Rs. 15.50.
Find the sum.
1) Rs. 700
2) Rs. 610
3) Rs. 500
4) Rs. 550
Compound Interest Question
16. A sum of money is accumulated at C.I. at a certain rate of interest. If the S.I.
instead of C.I. were reckoned, the interest for the first two years would be
diminished by Rs. 20 and that for the first three years by Rs. 61. Find the sum.
1) Rs. 7,000
2) Rs. 8,000
3) Rs. 7,500
4) Rs. 6,500
Compound Interest Question
17. A sum of money lent at C.I. for 2 years at 20% p.a. would fetch Rs. 482 more
if it were payable half-yearly than yearly. Find the sum.
1) Rs. 20,000
2) Rs. 25,000
3) Rs. 30,000
4) Rs. 40,000
Compound Interest Question
18. A sum of Rs. 1,260 is borrowed from a money lender at 10% p.a.
compounded annually. If the amount is to be paid back in two equal annual
installments, find the annual installment.
1) Rs. 726
2) Rs. 800
3) Rs. 820
4) Rs. 750
Compound Interest Question
19. Simple interest on a certain sum of money for 3 years at 8% p.a. is half the
compound interest on Rs. 4,000 for 2 years at 10% p.a. The sum placed on simple
interest is:
1) Rs. 1,550
2) Rs. 1,650
3) Rs. 1,750
4) Rs. 2,000
Compound Interest Question
20. Rohit had a certain sum of money. (3/5)th of the total money he invested in
Scheme A for 8 years and the rest in Scheme B for 2 years. Scheme A offers S.I. at
18% p.a. and Scheme B offers C.I. at 10% p.a. If the total interest received by
Rohit is Rs. 1,422, what was the total amount invested?
1) Rs. 1,500
2) Rs. 9,000
3) Rs. 1,296
4) Rs. 1,800
5) Rs. 1,026
