COMPOUND INTEREST
A sum of Rs 800 was put at 10% per annum compound interest for 2
years. Find the amount.
a) Rs 880
b) Rs 968
c) Rs 900
d) Rs 1004
What amount will a sum of Rs. 1512 produce at the rate of 16⅔% per
annum compound interest in 3 years?
a) Rs 2401
b) Rs 2048
c) Rs 2900
d) Rs 1872
What sum will make an amount of Rs. 7935 in 2 years at the rate of
15% per annum compound interest?
a) 4800
b) 5000
c) 6000
d) 7500
Find Rate or Time
Find Rate or Time
A sum of Rs. 15000 amounts to Rs. 25920 in 3 years at CI. Find the rate
of interest.
a) 10%
b) 12½%
c) 20%
d) 30%
At what rate per cent per annum will Rs 2304 amount to Rs 2500 in 2
years at compound interest?
a) 2 1/2 %
b) 4 1/6 %
c) 5 %
d) 8 1/3 %
At what rate percent per annum will a sum of Rs 1000 amounts to Rs
1102.50 in 2 years at compound interest?
a) 5%
b) 8%
c) 10%
d) 15%
Find the time in which a sum of Rs. 896 amounts to Rs. 1134 at the
rate of 12½ % per annum.
a) 2 years
b) 3 years
c) 4 years
d) 5 years
In how many years will a sum of Rs. 2400 at 5% per annum
compounded annually amounts to Rs. 2778.30?
a) 2 years
b) 3 years
c) 4 years
d) 5 years
A sum of money put at 50% rate of compound interest compounded
annually becomes 3 3/8 times of itself in ‘x’ years. Find the value of
‘x’.
a) 2 years
b) 3 years
c) 4 years
d) 5 years
A sum of money amounts to Rs. 6690 in 3 years and Rs. 10035 in 6
years at certain rate of interest at CI. Find the sum.
a) 3250
b) 4460
c) 4080
d) 3860
A certain sum of money amounts to Rs 4500 in 4 years and amounts
to Rs 6750 in 8 years at a certain rate of interest compounded
annually. Find the sum.
a) 2500
b) 2800
c) 3000
d) 3250
A sum of Rs. 6000 amounts to Rs. 9375 in 10 years at CI. What amount
will it become in 5 years?
a) 6800
b) 7500
c) 8000
d) 8750
Calculate Compound Interest
Calculate the compound interest on Rs. 1080 at the rate of 16⅔% per
annum for the period of 2 years.
a) 300
b) 360
c) 390
d) 450
Calculate the compound interest on Rs. 51200 at the rate of 12½%
per annum for the period of 3 years compounded annually.
a) 19200
b) 21700
c) 23600
d) 25000
Compounded half yearly Compounded quarterly
semi-annually
Find the compound interest on a sum of Rs. 5000 for 1 year at the rate
of 16% per annum compounded half yearly.
a) 764
b) 800
c) 832
d) 920
Find the compound interest on a sum of Rs 24000 for 9 months at the
rate of 20% per annum compounded quarterly.
a) 3783
b) 3265
c) 2369
d) 2987
An interest of Rs 82 was produced when a sum of money was put at
5% per annum compound interest for 2 years. Find the sum.
a) 764
b) 800
c) 832
d) 920
A sum of money gives a compound interest of Rs. 3225 for 2 years at
the rate of 15% per annum. Find the sum.
a) 8000
b) 9000
c) 10000
d) 12000
The compound interest for the second year on a sum of money at
8⅓% per annum is Rs 910. Find the sum.
a) 7640
b) 8260
c) 10080
d) 9240
On a certain principal the compound interest compounded annually
for the second year at 10% per annum is 132. Find the principal.
a) 800
b) 960
c) 1000
d) 1200
The simple interest on a sum of money for 3 years is Rs 240 and the
compound interest on the same sum at the same rate for 2 years is
Rs 170. Find the rate of interest.
a) 10%
b) 12.5%
c) 15%
d) 20%
For 2 years
RATE TOTAL COMPOUND INTEREST
5%
6%
8%
10%
12%
13%
15%
20%
23%
25%
30%
A gave some money to B at the rate of 14% per annum simple
interest for 2 years. B gave the same sum to C at 15% per annum
compound interest for the same period. If at the end of 2 years, B
saves Rs. 867, find the money lent.
a) 18600
b) 20400
c) 22000
d) 17500
Ram gave some money to Sanjay at 12% per annum simple interest
while Sanjay gave the same sum to Abhay at 15% per annum
compound interest. If at the end of 2 years, Sanjay has gained Rs 594
overall. Find the sum.
a) 7200
b) 6000
c) 5500
d) 4800
A sum of money is invested at 20% compound interest compounded
annually. It would fetch Rs 723 more in 2 years if the interest is
compounded half yearly. Find the sum.
a) 18000
b) 20000
c) 24000
d) 30000
Prabhat took a certain amount as a loan from bank at the rate of
10% per annum S.I. and gave the same sum to Ashish as a loan at
the rate of 12% per annum on C.I. If at the end of 2 years, he made a
profit of Rs 136 in the deal, what was the original sum?
a) 2500
b) 3000
c) 3800
d) 4500
Difference between SI and CI
Difference between SI and CI
Find the difference between compound interest and simple interest
on a sum of Rs 2500 for 2 years at 4% per annum.
a) 2.5
b) 4
c) 6
d) 10
Find the difference between SI and CI on a sum of Rs 7200 at 15% per
annum for 2 years.
a) 140
b) 150
c) 162
d) 175
If the difference between SI and CI on a certain sum at 12% per
annum for 2 years is Rs. 72. Find the sum.
a) 2000
b) 2800
c) 3600
d) 5000
Find the difference between compound interest and simple interest
on a sum of Rs 1536 for 3 years at 12½ % per annum.
a) 40
b) 55
c) 60
d) 75
A sum of money was put at compound interest at 18¾ % per annum
for 2 years. If the difference between simple interest and compound
interest is Rs 135, find the sum.
a) 3840
b) 2560
c) 1920
d) 3270
The difference between SI and CI on a certain sum for 3 years at 5%
per annum is Rs. 244. Find the sum.
a) 20000
b) 25000
c) 32000
d) 40000
