Compound Interest

Question 1 5. 78
What would be the compound interest obtained on an Question 7
amount of Rs. 4,800 at the rate of 5 p.c.p.a after 3 years? Divide Rs. 2602 between X and Y so that the amount
1. Rs 623.5 of X after 7 yr is equal to the amount of Y after 9 yr,
2. Rs 756.5 the interest being compounded at 4% pa.
3. Rs 817.8 1. Rs. 1352, Rs. 1250
4. Rs 448.7 2. Rs. 1252, Rs. 1350
5. Rs 548.7 3. Rs. 1400, Rs. 1202
Question 2 4. Rs. 1052, Rs. 1500
The difference between compound interest and 5. Rs. 1552, Rs. 1600
simple interest at the same rate of interest R percent Question 8
per annum on an amount of Rs. 15,000 for 2 years is A man borrows Rs. 5100 to be paid back with
Rs. 96. What is the value of R? compound interest at the rate of 4% pa by the end of
2 yr in two equal yearly investments. How much will
1. 8%
each installment be?
2. 10%
1. ₹ 2704
3. 12% 2. ₹ 2800
4. Can't be determined due to insufficient data
3. ₹ 3000
5. 15% 4. ₹ 2500
Question 3 5. ₹ 3500
There is 60% increase in an amount in 6 years at simple Question 9
interest. What will be the compound interest on Rs. Sushmita invests a certain sum of money for 3 years
12000 after 3 years at the same rate of interest? at 10% pa at simple interest rate. The SI accrued is
1. Rs. 2160 half the CI on Rs. 10000 for 2 years at 10% pa. Find
2. Rs. 3120 the sum placed on simple interest?
3. Rs. 3972 1. ₹ 3200
4. Rs. 6240 2. ₹ 3500
5. Rs. 4560 3. ₹ 3000
Question 4 4. ₹ 1050
An automobile financier claims to be lending money 5. ₹ 2050
at simple interest, but he includes the interest every Question 10
six months for calculating the principal. If he is What is the CI accrued on an amount of Rs. 16000 at
charging an interest at the rate of 10%, the effective the rate of 5% per annum at the end of 2 years?
rate interest becomes 1. ₹ 1640
1. 10.25% 2. ₹ 1832
2. 10.5% 3. ₹ 1540
3. 10.75% 4. ₹ 1400
4. 11% 5. ₹ 1500
5. 12% Question 11
Question 5 The SI on a certain sum of money for 3 yr at 8% pa is
The certain sum will amount to Rs 12,100 in 2 years half the CI on Rs. 8000 for 2 yr at 10% pa. Find the
at 10% per annum of compound interest, interest sum placed on simple interest?
being compounded annually. The sum is 1. Rs. 3500
1. Rs. 10,000 2. Rs. 3800
2. Rs. 8,000 3. Rs. 4000
3. Rs. 6,000 4. Rs. 3600
4. Rs. 12,000 5. None of these
5. Rs 13,152 Question 12
Question 6 What is the CI accrued on an amount of Rs. 12000 at
The difference between C.I. and S.I. on Rs. 6000 for the rate of 9% per annum at the end of 2 years?
1 year at 20% per annum recorded half yearly is: 1. ₹ 2545
1. 45 2. ₹ 2257.20
2. 55 3. ₹ 2986
3. 60 4. ₹ 2775.40
4. 58 5. None of these

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 Compound Interest
Question 13 3. ₹ 2386.8075
Sachin had ₹ 23,000. He invested some amount in 4. ₹ 4186.075
scheme A at SI at 20% and the remaining amount in 5. ₹ 3217.0875
scheme B at CI at 10%. If Sahil got the same amount Question 19
from both of them at the end of one year, how much There is 90% increase in an amount in 9 years at
(in ₹) did he invest in scheme B ? simple interest. What will be the compound interest
1. 10000 of Rs. 15000 after 4 years at the same rate ?
2. 11000 1. 4533
3. 11500 2. 6962
4. 12000 3. 5497
5. 13000 4. 6218
Question 14 5. 4965
The difference between simple interest and Question 20
compound interest on a certain sum of money for 2 If the simple interest on a sum of money for 2 years at 6%
years at 5% per annum is ₹ 100. Find the sum. per annum is ₹ 120. What is the compound interest on the
1. ₹ 42000 same sum at the same rate and for the same time ?
1. ₹ 121
2. ₹ 45000
2. ₹ 120.5
3. ₹ 41500 3. ₹ 126.30
4. ₹ 40000 4. ₹ 122
5. None of these 5. None of these
Question 15 Question 21
What will be the compound interest on a sum of ₹ ₹ 6100 was partly invested in Scheme A at 10% pa
9000 at compound interest compounded annually at compound interest (compounded annually) for 2 years and
8% per annum in two years ? partly in Scheme B at 10% pa simple interest for 4 years.
Both the schemes earn equal interests. How much was
1. ₹ 1498.76
invested in Scheme A ?
2. ₹ 1497.6 1. ₹ 3750
3. ₹ 1597.6 2. ₹ 4500
4. ₹ 1480.60 3. ₹ 4000
5. None of these 4. ₹ 3250
Question 16 5. ₹ 5000
How much will a sum of ₹ 6,300 amount to in a span Question 22
A sum of ₹ 198 deposited at CI doubles itself after 4
of 2 years, at 5 p.c.p.a. rate of compound interest
years. After 20 years it will become
(Rounded off to the nearest integer) ?
1. ₹ 6336
1. ₹ 6,946
2. ₹ 5894
2. ₹ 6,876 3. ₹ 9250
3. ₹ 6,521 4. ₹ 7932
4. ₹ 6,790 5. None of these
5. ₹ 6,492 Question 23
Question 17 Lata had ₹ 40000. She invested some amount in scheme A
What would be the compound interest obtained on at CI at 15% and the remaining amount in scheme B at SI
an amount of ₹ 7,790 at the rate of 10 p.c.p.a. after at 10%. If she got the same interest from both the
two years ? investments at the end of one year. How much in ₹ did she
invest in scheme B?
1. ₹ 1532.60 1. ₹ 34000
2. ₹ 1495.90 2. ₹ 24000
3. ₹ 1653.50 3. ₹ 16000
4. ₹ 1635.90 4. ₹ 18000
5. None of these 5. ₹ 20000
Question 18 Question 24
What will be the compound interest accrued on an An amount of ₹ 110000 is invested at compound interest
amount of ₹ 14000 at the rate 10% per annum in two payable annually. If the rate of interest is 11% pa, what
years, if the interest is compounded half-yearly ? will be the total interest after two years ?
1. ₹ 23481
1. ₹ 2586.2075
2. ₹ 25531
2. ₹ 3017.0875
3. ₹ 24200

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 Compound Interest
4. ₹ 26416 1. ₹ 2614.60
5. None of these 2. ₹ 2641.60
Question 25 3. ₹ 2611.20
Find the compound interest on ₹ 12000 for 2 years, 4. ₹ 2624.20
the rate of interest being 3% per annum. 5. None of these
1. ₹ 840.8 Question 31
2. ₹ 935.7 Reet invested an amount of Rs A for 2 years at 12%
3. ₹ 1035.6 compound interest and received some amount of
4. ₹ 730.8
interest. Sonali invested Rs (A + 1500) for 3 years at
5. ₹ 473.5
8% simple interest and received same amount of
Question 26
interest as Reet received. Find the amount that is
A man invests equal sums at the rate of 10% per
invested by Reet.
annum compound interest and simple interest
1. Rs 20000
respectively for 2 years. After 2 years, the difference
2. Rs 25000
between the compound interest and the simple
3. Rs 30000
interest is ₹ 1000. Then the sum is
4. Rs 27500
1. ₹ 100500
5. Rs 22500
2. ₹ 110000
Question 32
3. ₹ 120000
Shivani has some amount of money ans she invested
4. ₹ 100000
the money in two schemes A and B in the ratio of 2 :
5. ₹ 900000
5 for 2 years, scheme A offers 30% pa compound
Question 27
interest and scheme B offers 15% pa Simple interest.
An amount is given at an interest of 8% pa. What is
Difference between the interest earned from both
the amount if the difference of compound and
the schemes is Rs.1080. How much was invested in
simple interest for 2 years is ₹ 352 ?
scheme B?
1. ₹ 55000
1. Rs. 45000
2. ₹ 50000
2. Rs. 36000
3. ₹ 45000
3. Rs. 40000
4. ₹ 40000
4. Rs. 50000
5. ₹ 35000
Question 28
5. None of these
The difference between the simple interest and the Question 33
compound interest compounded annually at the same rate A sum of Rs.8584 is to be paid back in 3 equal annual
of interest on a sum of money at the end of two years is ₹ installments. How much is each installment if the
162. What is definitely the rate per cent per annum ? interest is compounded annually at 14% per annum?
1. 4 1. Rs. 3700
2. 7.5 2. Rs. 5400
3. 10 3. Rs. 4500
4. Data inadequate 4. Rs. 5500
5. 5
5. None of these
Question 29
Question 34
What is the difference between the compound interest
and the simple interest accrued on an amount of ₹ 16,200 Anjana lent Rs. 7000 to Sunil for 3 years and Rs. 5000
at the end of three years @ 25% ? (Rounded off to two to Saurabh for 5 years on simple interest at the same
digits after decimal) rate of interest and she received Rs. 5520 from both
1. 3213.44 of them as interest. Find the rate of interest.
2. 3302.42 1. 10%
3. 3495.28 2. 21%
4. 3290.63 3. 12%
5. None of these
4. 15%
Question 30
5. None of these
The simple interest accured on a certain principal at
Question 35
a rate of 9% p.c.p.a. in 5 years is ₹ 14,400. What
The compound interest on Rs 7500 in 2 years when
would be the compound interest accured on the
the successive rate of interest on successive years is
same principle in 2 years at the rate of 4 p.c.p.a. ?
8% and 10% respectively:

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 Compound Interest
1. Rs 1410
2. Rs 7510
3. Rs 1497 Student's Name
4. Rs 1401
5. None of these
Question 36 write your answer here
How much will Rs. 40000 amount to when
compounded annually @ 15% if the simple interest (1) (11) (21) (31) (41)
earned on the same amount for the same period and
rate will be Rs. 12000? (2) (12) (22) (32) (42)
1. 68400
2. 65200
(3) (13) (23) (33) (43)
3. 56000
4. 52900
5. None of the above (4) (14) (24) (34) (44)
Question 37
What is the difference between simple interest and (5) (15) (25) (35) (45)
compound interest earned on Rs. 15000 for 2 years
if rate of interest is 20%? (6) (16) (26) (36) (46)
1. Rs. 400
2. Rs. 500 (7) (17) (27) (37) (47)
3. Rs. 600
4. Rs. 800
(8) (18) (28) (38) (48)
5. None of the above
Question 38
If the compound interest on a certain sum for 2 years is (9) (19) (29) (39) (49)
Rs. 636 at a 12% p.a. Find the double of the sum.
1. Rs. 4500 (10) (20) (30) (40) (50)
2. Rs. 2500
3. Rs. 3000
4. Rs. 5000
5. None of these RIGHT…………WRONG……….MARKS……….
Question 39
A sum fetches a simple interest of Rs. 6000 at the
rate of 5% p.a. in 6 years. What would be the
compound interest earned at the same rate of
interest and the same principal in 2 years?
1. Rs. 2500
2. Rs. 2125
3. Rs. 2245
4. Rs. 2325
5. Rs. 2050
Question 40
Amit deposited some money in a bank, which pays
15% interest per annum compounded yearly. If the
bank provides simple interest instead of compound
interest, he recieves Rs. 2400 after 2 years. Find the
total Amount that he received after 2 years.
1. Rs. 10960
2. Rs. 9500
3. Rs. 10500
4. Can't be determined
5. None of these