Compound Interest Questions and Answers
Practice ModeShowing 10 of 41 questions
Q1
The amount of Rs. 7500 at compound interest at 4% per annum for 2 years, is :
Answer: Option C
Q2
If the interest on a sum of money at 5% per annum for 3 years is Rs. 1200, the compount interest on the same sum for the same period at the same rate, is :
Answer: Option B
Q3
If the difference between the compound interest, compounded half yearly and the simple interest on a sum at 10% per annum for one year is rs. 25, the sum is :
Answer: Option C
Q4
The difference in compound interest and simple interest on a certain amount at 10% per annum at the end of the third year is Rs. 620. What is the principal amount ?
Answer: Option D
Q5
A man borrowed Rs. 800 at 10% per annum simple interest and immediately lent the whole sum at 10% per annum compound interest. What does he gain at the end of 2 years ?
Answer: Option B
Q6
On what sum of money will the simple interest for 3 years at 8% per annum be half of the compound interest on Rs. 400 for 2 years at 10% per annum ?
Answer: Option C
Q7
The compound interest on a certain sum at 5% per annum for 2 years is Rs. 328. the simple interest for tha sum at the same rate and for the same period will be :
Answer: Option A
Q8
What is the principal amount which earns Rs. 132 as compound interest for the second year at 10% per annum ?
Answer: Option B
Q9
A sum of money amounts to Rs. 4624 in 2 years and to Rs. 4913 in 3 years at compound interest. The sum is :
Answer: Option A
Q10
A sum of money placed at compound interest doubles itself in 5 years. It will amount to eight times itself in :
Answer: Option C