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1. If the compound interest on a certain sum for 2 years at 4% p.a. is Rs. 102, the simple
interest at the same rate of interest for two years would be ?
2 4% 102 2
?
(a) Rs. 200 (b) Rs. 50 (c) Rs. 150 (d) Rs. 100
2. On what sum does the difference between the compound interest and the simple interest
for 3 years at 10% is
Rs. 31 ?
10% 3 31 ?
(a) Rs. 1500 (b) Rs. 1200 (c) Rs. 1100 (d) Rs. 1000
3. A sum of money at compound interest double itself in 15 years. It will become eight
times of itself in ?
15
8 ?
(a) 45 years (b) 48 years (c) 54 years (d) 60 years
4. If the amount is 2.25 times of the sum after 2 years at compound interest (compound
annually), the rate of interest per annum is ?
2 2.25 ?
(a) 25% (b) 30% (c) 45% (d) 50%
5. At what percent per annum will Rs. 3000 if the interest is compound annually ?
3000, 3 3993
?
(a) 9% (b) 10% (c) 11% (d) 13%
6. The compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being
compound half-yearly, is ?
10,000 4% 2 ?
(a) Rs. 636.80 (b) Rs. 824.32
(c) Rs. 912.86 (d) Rs. 825.82
7. In how many years will Rs. 2,000 amounts to Rs. 2,420 at 10% per annum compound
interest ?
2,000, 10% 2,420 ?
(a) 3 years (b) 2½ years (c) 2 years (d) 1½ years
8. If the difference between the compound interest, compounded every six months, and the
simple interest on a certain sum of money at the rate of 12% per annum for one year is
Rs. 36, the sum is ?
12%
1 30 ?
(a) Rs. 10,000 (b) Rs. 12,000
(c) Rs. 15,000 (d) Rs. 9,000
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9. What is the difference between compound interest on Rs. 5,000 for 1½ years at 4% per
annum according as the interest is compounded yearly or half-yearly ?
1½ ?
(a) Rs. 2.04 (b) Rs. 3.06 (c) Rs. 8.30 (d) Rs. 4.80
10. A builder borrows Rs. 2550 to be paid back with compound interest at the rate of 4% per
annum by the end of 2 years in two equal yearly installments. How much will each
installment be ?
4% 2550
?
(a) Rs. 1352 (b) Rs. 1377 (c) Rs. 1275 (d) Rs. 1283
11. The difference between the simple and compound interest on a certain sum of money at
5% rate of interest per annum for 2 years is Rs. 15. Then the sum is ?
5% 2 15
?
(a) Rs. 6,500 (b) Rs. 5,500 (c) Rs. 6,000 (d) Rs. 7,000
12. If the difference between the compound interest and simple interest on a sum of 5% rate
of interest per annum for three years is Rs. 36.60, then the sum is ?
5% 3 36.60
?
(a) Rs. 8,000 (b) Rs. 8,400 (c) Rs. 4,400 (d) Rs. 4,800
13. A sum of money doubles itself in 4 years compound interest. It will amount to 8 times
itself at the same rate of interest in ?
4 8
?
(a) 18 years (b) 12 years (c) 16 years (d) 24 years
14. A sum borrowed under compound interest doubles itself in 10 years. When will it
become fourfold of itself at the same rate of interest ?
10
?
(a) 15 years (b) 20 years (c) 24 years (d) 40 years
15. A sum of money invested at compound interest doubles itself in 6 years. At the same rate
of interest, it will amount to eight times of itself in ?
6
?
(a) 12 years (b) 14 years (c) 18 years (d) 10 years
16. A sum of money invested at compound interest amounts in 3 years to Rs. 2,400 and in 4
years to Rs. 2,520. The interest rate per annum is ?
3 2,400 4 2,520
?
(a) 5% (b) 6% (c) 10% (d) 12%
17. A sum becomes Rs. 4500 after two years and Rs. 6750 after four years at the same
compound interest. The sum is ?
 MATHS BY
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2 4500 4 6750 ?
(a) Rs. 4000 (b) Rs. 2500
(c) Rs. 3000 (d) Rs. 3050
18. In what time will Rs. 1000 amounts to Rs. 1331 at 20% per annum, compounded half
yearly ?
1000 20% 1331
?
(a) 1½ years (b) 2 years (c) 1 years (d) 2½ years
19. If the compound interest on a certain sum for 2 years at 3% per annum is Rs. 101.50,
then the simple interest on the same sum at the same rate and for the same time will be ?
2 3% 101.50
?
(a) Rs. 90 (b) Rs. 95.50 (c) Rs. 100 (d) Rs. 98.25
20. On a certain sum of money the compound interest for 2 years is Rs. 282.15 and the
simple interest for the same period of time is Rs. 270. The rate of interest per annum is ?
282.15
270 ?
(a) 6.07% (b) 10% (c) 9% (d) 12.15%
21. The difference between compound interest and simple interest on Rs. 2500 for 2 years at
4% per annum is ?
2500 4% 2
?
(a) Rs. 40 (b) Rs. 45 (c) Rs. 14 (d) Rs. 4
22. The difference between simple and compound interest (compounded annually) on a sum
of money for 2 years at 10% per annum is Rs. 65. The sum is ?
2 10%
65 ?
(a) Rs. 65650 (b) Rs. 65065 (c) Rs. 6565 (d) Rs. 6500
23. A sum of money invested at compound interest amounts to Rs. 650 at the end of first
year and Rs. 676 at the end of second year. The sum of money is ?
650 676
?
(a) Rs. 600 (b) Rs. 540 (c) Rs. 625 (d) Rs. 560
24. In what time will Rs. 1000 becomes Rs. 1331 at 10% per annum compounded
annually ?
10% 1000 1331 ?
(a) 3 years (b) 2½ years (c) 2 years (d) 3½ years
25. At what rate percent per annum will Rs. 2304 amount to Rs. 2500 in 2 years at
compound interest ?
2304 2 2500 ?
(a) 4 1 % (b) 4 1 % (c) 4 1 % (d) 4 1 %
2 5 6 3
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26. The compound interest on a certain sum of money at a certain rate for 2 years is Rs.
40.80 and the simple interest on the same sum is Rs. 40 at the same rate and for the same
time. The rate of interest is ?
2 40.80
40 ?
(a) 2% per annum (b) 3% per annum
(c) 4% per annum (d) 5% per annum
27. The compound interest on a certain sum of money invested for 2 years at 5% per annum
is Rs. 328. the simple interest on the sum, at the same rate and for the same period will
be ?
2 5% 328
?
(a) Rs. 320 (b) Rs. 308 (c) Rs. 300 (d) Rs. 287
28. The difference between the compound interest (compounded annually) and the simple
interest on a sum of Rs. 1000 at a certain rate of interest for 2 years is Rs. 10. The rate of
interest per annum is ?
1000 2
10 ?
(a) 5% (b) 6% (c) 10% (d) 12%
29. A sum of money becomes eight times of itself in 3 years at compound interest. The rate
of interest per annum is ?
3 ?
(a) 100% (b) 80% (c) 20% (d) 10%
30. A sum of money placed at compound interest doubles itself in 15 years. In how many
years, it would amount to eight times of itself at the same rate of interest ?
15
?
(a) 30 years (b) 45 years (c) 21 years (d) 60 years
31. The compound interest on Rs. 16,000 for 9 months at 20% per annum, interest being
compounded quarterly is ?
16,000 20% 9
?
(a) Rs. 2,520 (b) Rs. 2,524 (c) Rs. 2,522 (d) Rs. 2,518
32. If the rate of interest be 4% per annum for first year, 5% per annum for second year and
6% per annum for third year, the the compound interest of Rs. 10,000 for 3 years will be
?
4% 5% 6%
10,000 3 ?
(a) Rs. 1,600 (b) Rs. 1,625.80
(c) Rs. 1,575.20 (d) Rs. 2,000
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33. Compound interest on a sum of money for 2 years at 4 percent per annum is Rs. 2,448.
Simple interest on the same sum of money at the same rate of interest for 2 years will be
?
4% 2 2,448
2 ?
(a) Rs. 2500 (b) Rs. 2400 (c) Rs. 2360 (d) Rs. 2250
34. The difference between compound interest and simple interest on a sum for 2 years at 8
percent is Rs. 768. The sum is ?
8% 2 768
?
(a) Rs. 1,00,000 (b) Rs. 1,10,000
(c) Rs. 1,20,000 (d) Rs. 1,70,000
35. A person deposited a sum of Rs. 6,000 in a bank at 5% per annum simple interest.
Another person deposited Rs. 5,000 at 8% per annum compound interest. After two
years, the difference of their interests will be ?
6,000 5% 5,000,
8% ?
(a) Rs. 230 (b) Rs. 232 (c) Rs. 832 (d) Rs. 600
36. The compound interest on Rs. 2000 in 2 years if the rate of interest is 4% per annum for
the first year and 3% per annum for the second year, will be ?
2000 2
4% 3% ?
(a) Rs. 142.40 (b) Rs. 140.40
(c) Rs. 141.40 (d) Rs. 143.40
37. The compounded interest on Rs. 8,000 at 15% per annum for 2 years 4 months,
compounded annually is ?
8,000 15% 2 4
?
(a) Rs. 2980 (b) Rs. 3091 (c) Rs. 3109 (d) Rs. 3100
38. The difference between the compound and the simple interests on a sum for 2 years at
10% per annum, when the interest is compounded annually, is Rs. 28. If the yearly
interest were compounded half-yearly, the difference in the two interests will be ?
10% 2
28 ?
(a) Rs. 44 (b) Rs. 28.35 (c) Rs. 43.41 (d) Rs. 43.29
39. A sum of Rs. 6,000 is deposited for 3 years at 5% per annum compound interest
(compounded annually). The difference of interests for 3 and 2 years will be ?
6,000 5% 3 3
2 ?
(a) Rs. 75 (b) Rs. 30.75 (c) Rs. 330.75 (d) Rs. 375
40. The difference between compounded interest (compounded annually) and simple interest
on a certain sum of money t 10% per annum for 2 years is Rs. 40. The sum is ?
 MATHS BY
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10% 2
40 ?
(a) Rs. 4,000 (b) Rs. 3,600 (c) Rs. 4,200 (d) Rs. 3,200
41. A man buys a scooter on making a cash down payment of Rs. 16224 and promises to pay
two more yearly installments of equivalent amount in next two years. If the rate of
interest is 4% per annum, compounded yearly, the cash value of the scooter is ?
16224
4%
?
(a) Rs. 40,000 (b) Rs. 46,824
(c) Rs. 46,000 (d) Rs. 50,000
42. A money-lender borrows money at 4% per annum and pays the interest at the end of the
year. He lends it at 6% per annum compound interest compounded half-yearly and
receives the interest at the end of the year. In this way, he gains Rs. 104.50 a year. The
amount of money he borrows, is ?
4%
6%
104.50
?
(a) Rs. 6,000 (b) Rs. 5,500 (c) Rs. 5,000 (d) Rs. 4,500
43. A certain sum, invested at 4% per annum compound interest, compounded half-yearly,
amounts to Rs. 7,803 at the end of one year. The sum is ?
4% 1 7,803
?
(a) Rs. 7,000 (b) Rs. 7,200 (c) Rs. 7,500 (d) Rs. 7,700
44. The compound interest on Rs. 6,000 at 10% per annum for 1½ years, when the interest
being compounded annually, is ?
6,000 10% 1½
?
(a) Rs. 910 (b) Rs. 870 (c) Rs. 930 (d) Rs. 900
45. At a certain rate per annum, the simple interest on a sum of money for one year is Rs.
260 and the compound interest on the same sum for two years is Rs. 540.80. The rate of
interest per annum is ?
1 260
540.80 ?
(a) 4% (b) 6% (c) 8% (d) 10%
46. The difference between compound and simple interest on a certain sum for 3 years at 5%
per annum is Rs. 122. The sum is ?
5% 3 122
?
(a) Rs. 16,000 (b) Rs. 15,000
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(c) Rs. 12,000 (d) Rs. 10,000
47. A certain sum of money amounts to Rs. 2,420 in 2 years and Rs. 2,662 in 3 years at same
rate of compound interest, compounded annually. The rate of interest per annum is ?
2 2,420 3 2,662
?
(a) 6% (b) 8% (c) 9% (d) 10%
48. Kamal took Rs. 6800 as a loan which along with interest is to be repaid in two equal
annual installments. If the rate of interests is 12½%, compounded annually, then the
value of each installment is ?
6800
12½% ?
(a) Rs. 8100 (b) Rs. 4150 (c) Rs. 4050 (d) Rs. 4000
49. A sum of Rs. 13,360 was borrowed at 8 3 % per annum compound interest and paid back
4
in two years in two equal annual installments. What was the amount of each
installment ?
13,360 83%
4
?
(a) Rs. 5,769 (b) Rs. 7,769 (c) Rs. 7,009 (d) Rs. 7,500
50. A loan of Rs. 12,300 at 5% per annum compound interest, is to be repaid in two equal
annual installments at the end of every year. Find the amount of each installment ?
12,300 5%
?
(a) Rs. 6,651 (b) Rs. 6,615 (c) Rs. 6,516 (d) Rs. 6,156

Answer Sheet
01. (d) 02. (d) 03. (a) 04. (d) 05. (b) 06. (b) 07. (c) 08. (a) 09. (a) 10. (a)
11. (c) 12. (d) 13. (b) 14. (b) 15. (c) 16. (a) 17. (c) 18. (a) 19. (c) 20. (c)
21. (d) 22. (d) 23. (c) 24. (a) 25. (c) 26. (c) 27. (a) 28. (c) 29. (a) 30. (b)
31. (c) 32. (c) 33. (b) 34. (c) 35. (b) 36. (a) 37. (c) 38. (c) 39. (c) 40. (a)
41. (b) 42. (c) 43. (c) 44. (c) 45. (c) 46. (a) 47. (d) 48. (c) 49. (b) 50. (b)
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 MATHS BY
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