COMPOUND INTEREST

[OCGL PYQS]
Q1. Simple interest on a sum at 20% per annum for 2 years is Rs.1040. Find
the amount under compound interest on the same sum for the same period
and same rate of interest.(in Rs)
(A) 3644
(B) 3844
(C) 3744
(D) 3544
Q2. Find the sum invested at compound interest at 20% per annum which
will amount to Rs.4032 in 2 years. (In Rs.)
(A) 2800
(B) 2700
(C) 2900
(D) 3000
Q3. The difference between simple interest and compound interest at the
same rate for Rs.6100 for 2 years is Rs.61. Find the rate of interest.
(A) 5%
(B) 15%
(C) 20%
(D) 10%
Q4. Akbar left a will of Rs.44100 for his two sons whose ages are 14 and 15
years. They must get equal amounts when they are 17 years at 10%
compound interest. Find the present share of the younger son. (In Rs.)
(A) 21000
(B) 21750
(C) 20500
(D) 21500
Q5. Simple interest on a sum at 20% per annum for 2 years is Rs.480. Find the
amount under compound interest on the same sum for the same period and
same rate of interest. (In Rs.)
(A) 1758
(B) 1728
 (C) 1748
(D) 1738
Q6. Simple interest on a sum at 20% per annum for 2 years is Rs.560. Find the
amount under compound interest on the same sum for the same period and
same rate of interest. (In Rs)
(A) 2006
(B) 2026
(C) 2036
(D) 2016
Q7. The difference between simple interest and compound interest at the
same rate for Rs.5700 for 2 years is Rs.57. Find the rate of interest.
(A) 15%
(B) 20%
(C) 5%
(D) 10%
Q8. The difference between simple interest and compound interest at the
same rate for Rs.5900 for 2 years is Rs.236. Find the rate of interest. (In %)
(A) 30%
(B) 20%
(C) 15%
(D) 25%
Q9. The amount doubles itself under Compound interest in 15 years. In how
many years will it become 256 times of itself at the same rate of interest?
(A) 120
(B) 115
(C) 125
(D) 127
Q10. At the end of two years what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.7500? (In Rs.)
(A) 1575
(B) 1675
(C) 1775
(D) 1475
Q11. Simple interest on a sum at 20% per annum for 2 years is Rs.840. Find
the amount under compound interest on the same sum for the same period
and same rate of interest. (In Rs.)
(A) 3124
(B) 3324
(C) 3224
(D) 3024
Q12. The difference between simple interest and compound interest at the
same rate for Rs.4800 for 2 years is Rs.108. Find the rate of interest. (In %)
(A) 10%
(B) 15%
(C) 20%
(D) 25%
Q13. The difference between simple interest and compound interest at the
same rate for Rs.6400 for 2 years is Rs.144. Find the rate of interest.
(A) 25%
(B) 15%
(C) 20%
(D) 10%
Q14. Find the sum invested at compound interest at 30% per annum which
will amount to Rs.4901 in 2 years. (In Rs.)
(A) 2600
(B) 2800
(C) 2900
(D) 2700
Q15. The difference between simple interest and compound interest at the
same rate for Rs.5300 for 2 years is Rs.53. Find the rate of interest.
(A) 10%
(B) 11%
(C) 12%
(D) 14%
Q16. At the end of two years, what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.6400? (In Rs.)
 (A) 1344
(B) 1244
(C) 1444
(D) 1544
Q17. Aravind left a will of Rs.46200 for his two sons whose ages are 15 and
16 years. They must get equal amounts when they are 18 years at 10%
compound interest. Find the present share of the younger son. (In Rs.)
(A) 23000
(B) 21000
(C) 22000
(D) 24000
Q18. The difference between compound interest and simple interest on an
amount of Rs.22,000 for 2 years is Rs.220. What is the rate of interest per
annum?(In %)
(A) 9%
(B) 11%
(C) 10%
(D) 12%
Q19. At the end of two years what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.7000? (In Rs.)
(A) 1670
(B) 1570
(C) 1470
(D) 1370
Q20. At the end of two years what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.7200? (In Rs.)
(A) 1412
(B) 1512
(C) 1612
(D) 1712
Q21. What is the difference between the compound interests on Rs.15000 for
1 year at 6% per annum compounded yearly and half-yearly? (In Rs.)
(A) 17.5
 (B) 13.5
(C) 15.5
(D) 11.5
Q22. At the end of three years, what will be the amount invested under
compound interest at the rate of 10% p.a. on a principal of Rs.41000? (In Rs.)
(A) 56571
(B) 54571
(C) 55571
(D) 53571
Q23. Find the sum invested at compound interest at 10% per annum which
will amount to Rs.2904 in 2 years. (In Rs.)
(A) 2500
(B) 2600
(C) 2400
(D) 2300
Q24. What is the difference between the compound interests on Rs.6000 for
1 year at 6% per annum compounded yearly and half-yearly? (In Rs.)
(A) 7.4
(B) 5.4
(C) 6.4
(D) 4.4
Q25. The difference between compound interest and simple interest on an
amount of Rs.24,000 for 2 years is Rs.240. What is the rate of interest per
annum?(In %)
(A) 8
(B) 10
(C) 14
(D) 12
Q26. Simple interest on a sum at 20% per annum for 2 years is Rs.640. Find
the amount under compound interest on the same sum for the same period
and same rate of interest. (In Rs.)
(A) 2204
(B) 2304
 (C) 2104
(D) 2404
Q27. Find the sum invested at compound interest at 30% per annum which
will amount to Rs.4394 in 2 years. (In Rs.)
(A) 2500
(B) 2600
(C) 2700
(D) 2800
Q28. At the end of three years what will be the amount invested under
compound interest at the rate of 10% p.a. on an principal of Rs.34000? (In
Rs.)
(A) 45254
(B) 47254
(C) 46254
(D) 44254
Q29. What is the difference between the compound interests on Rs.7000 for
1 year at 6% per annum compounded yearly and half-yearly? (In Rs.)
(A) 7.3
(B) 8.3
(C) 6.3
(D) 5.3
Q30. The difference between compound interest and simple interest on an
amount of Rs.25,000 for 2 years is Rs.250. What is the rate of interest per
annum? (In %)
(A) 8
(B) 14
(C) 10
(D) 12
Q31. Find the sum invested at compound interest at 10% per annum which
will amount to Rs.3630 in 2 years. (In Rs.)
(A) 4000
(B) 3000
(C) 3500
 (D) 2500
Q32. At the end of three years what will be the amount invested under
compound interest at the rate of 10% p.a. on an principal of Rs.39000? (In
Rs.)
(A) 50909
(B) 51909
(C) 53909
(D) 52909
Q33. At the end of two years what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.6600? (In Rs.)
(A) 1586
(B) 1486
(C) 1386
(D) 1286
Q34. Dravid left a will of Rs.50400 for his two sons whose ages are 17 and 18
years. They must get equal amounts when they are 20 years at 10%
compound interest. Find the present share of the younger son. (In Rs.)
(A) 26000
(B) 23000
(C) 25000
(D) 24000
Q35. What is the difference between the compound interests on Rs.8000 for
1 year at 6% per annum compounded yearly and half-yearly? (In Rs.)
(A) 7.2
(B) 9.2
(C) 6.2
(D) 8.2
Q36. The difference between compound interest and simple interest on an
amount of Rs.26,000 for 2 years is Rs.260. What is the rate of interest per
annum? (In %)
(A) 10
(B) 8
(C) 14
 (D) 12
Q37. The amount doubles itself under Compound interest in 15 years. In how
many years will it become 512 times of it?
(A) 125
(B) 155
(C) 145
(D) 135
Q38. At the end of three years what will be the amount invested under
compound interest at the rate of 10% p.a. on an principal of Rs.46000? (In
Rs.)
(A) 62226
(B) 63226
(C) 61226
(D) 60226
Q39. What is the difference between the compound interests on Rs. 9000 for
1 year at 6% per annum compounded yearly and half-yearly? (In Rs.)
(A) 8.1
(B) 7.1
(C) 10.1
(D) 9.1
Q40. The amount doubles itself under compound interest in 15 years. In how
many years will it become 1024 times of it?
(A) 140
(B) 170
(C) 150
(D) 160
[BSSO PYQS]
Q41. At the end of two years, what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.7300? (In Rs.)
(A) 1433
(B) 1733
(C) 1533
(D) 1633
Q42. Find the sum invested at compound interest at 10% per annum which
will amount to Rs.3267 in 2 years. (In Rs.)
(A) 2600
(B) 2700
(C) 2900
(D) 2800
Q43. Simple interest on a sum at 20% per annum for 2 years is Rs.960. Find
the amount under compound interest on the same sum for the same period
and same rate of interest. (In Rs.)
(A) 3156
(B) 3356
(C) 3456
(D) 3256
Q44. The difference between simple interest and compound interest at the
same rate for Rs.5600 for 2 years is Rs.350. Find the rate of interest.
(A) 27%
(B) 29%
(C) 25%
(D) 23%
Q45. At the end of three years, what will be the amount invested under
compound interest at the rate of 10% p.a. on a principal of Rs.32000? (In Rs.)
(A) 43592
(B) 44592
(C) 42592
(D) 41592
Q46. At the end of two years, what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.6200? (In Rs.)
(A) 1402
(B) 1202
(C) 1502
(D) 1302
Q47. Find the sum invested at compound interest at 20% per annum which
will amount to Rs.3600 in 2 years. (In Rs.)
 (A) 2500
(B) 2400
(C) 2700
(D) 2600
Q48. Simple interest on a sum at 20% per annum for 2 years is Rs.760. Find
the amount under compound interest on the same sum for the same period
and same rate of interest. (In Rs.)
(A) 2736
(B) 2336
(C) 2536
(D) 2936
Q49. The difference between simple interest and compound interest at the
same rate for Rs.6000 for 2 years is Rs.375. Find the rate of interest.
(A) 25%
(B) 29%
(C) 21%
(D) 34%
Q50. At the end of three years, what will be the amount invested under
compound interest at the rate of 10% p.a. on a principal of Rs.44000? (In Rs.)
(A) 58464
(B) 58764
(C) 58664
(D) 58564
Q51. At the end of two years, what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.6800? (In Rs.)
(A) 1128
(B) 1328
(C) 1428
(D) 1228
Q52. Find the sum invested at compound interest at 20% per annum which
will amount to Rs.4464 in 2 years. (In Rs.)
(A) 3200
(B) 3300
 (C) 3100
(D) 3000
Q53. The difference between simple interest and compound interest at the
same rate for Rs.6400 for 2 years is Rs.144. Find the rate of interest.
(A) 15%
(B) 20%
(C) 25%
(D) 10%
Q54. At the end of three years what will be the compound interest at the
rate of 10% p.a. on an amount of Rs.55000? (In Rs.)
(A) 18205
(B) 17205
(C) 16205
(D) 15205
Q55. At the end of two years, what will be the compound interest at the rate
of 10% p.a. on an amount of Rs.6500? (In Rs.)
(A) 1365
(B) 1165
(C) 1465
(D) 1265
Q56. Find the sum invested at compound interest at 20% per annum which
will amount to Rs.3168 in 2 years.
(A) 2200
(B) 2300
(C) 2100
(D) 2400
Q57. Simple interest on a sum at 20% per annum for 2 years is Rs.480. Find
the amount under compound interest on the same sum for the same period.
(In Rs.)
(A) 1728
(B) 1528
(C) 1628
(D) 1828
[SSC CPO 2022]
Q58. The population of a town is 1,25,000. If the annual birth rate is 12.7%
and the annual death rate is 2.7%, how much will the population increase
after 3 years?
(a) 43,285
(b) 41,375
(c) 42,565
(d) 40,275
Q59. Find the difference between the simple interest and the compound
interest payable annually on a sum of Rs.6,500 at 7% per annum for 3 years.
(Correct to two decimal places.)
(a) Rs. 94.34
(b) Rs. 97.78
(c) Rs. 98.73
(d) Rs. 97.85
Q60. On a certain sum, the difference between compound interest and
simple interest at10% per annum for 2 years is Rs.250. The sum is _________.
(a) Rs. 25,450
(b) Rs. 26,550
(c) Rs. 25,000
(d) Rs. 26,000
Q61. Find the difference between the compound interest and simple interest
when a sum of Rs.15,625 is invested for 3 years at 4% per annum.
(a) Rs. 76
(b) Rs. 96
(c) Rs. 56
(d) Rs. 86
Q62. Find the amount if a sum of Rs.7,500 is invested on compound interest
at 8% p.a. for 1.5 years when the interest is compounded half yearly.
(a) Rs. 8,436.48
(b) Rs. 8,736.48
(c) Rs. 8,657.48
(d) Rs. 8,564.48
Q63. A man borrowed Rs.50,000 from a bank at 10% per annum,
compounded annually. At the end of every year, he pays Rs.15,000 as part
payment of the loan and interest. How much does he still owe to the bank
after three such instalments?
(a) Rs. 16,900
(b) Rs. 15,800
(c) Rs. 15,200
(d) Rs. 16,200
Q64. A sum amounts to Rs.7436 in two years when the interest is
compounded at the rate of 4% per annum per annum. What was the
amount?
(a) Rs. 6,575
(b) Rs. 7,075
(c) Rs. 6,875
(d) Rs. 6,275
Q65. On a certain sum of money lent out at 16% per annum, the difference
between the compound interest for 1 year, payable half-yearly, and the
simple interest for 1 year is Rs. 60. The sum is:
(a) Rs. 937.5
(b) Rs. 9,000
(c) Rs. 9,365
(d) Rs. 9,375