Finding CI When Rate Compounded Annually

Q.

What is the compound interest on a principal of Rs 5000 at the rate of 10% for 2 years?

1. Rs. 1100

2. Rs. 1050

3. Rs. 1000

4. Rs.1155

Q.

At compound interest rate if a certain sum of money doubles in n years then the amount will be four-fold in ______.

1. $2n^2$ years

2. $n^2$ years

3. $2n$ years

4. $4n$ years

Q.

The compound interest on₹30000 at $8\%$ per annum is ₹4992. The period (in years) is_____.

1. $2\frac{1}{2}$

2. 2

3. 4

4. 3

Q.

The compound interest on a certain sum of money at 10% per annum for two years is ₹315. Calculate the simple interest on the same sum for four years at 12% per annum.

1. ₹700

2. ₹800

3. ₹750

4. ₹720

Q.

The compound interest on Rs. 30, 000 at 7% per annum is Rs. 4347. The period (in years) is:

1. 3

2. 3.5

3. 1

4. 2

Q.

A sum of money invested at compound interest amounts to ₹ 19, 360 in 2 years and to 23, 425.60 in 4 years. Find the rate percent

1. 7.5 %

2. 8 %

3. 10 %

4. 7 %

Q.

The difference between simple and compound interest compounded annually on a certain sum of money for 2 years at 4% per annum is ₹1. The value of principal amount is _____.

1. ₹750

2. ₹650

3. ₹725

4. ₹625

Q.

A sum of Rs 100 is compounded annually at the rate of 10% for two years. The equivalent rate of simple interest to earn the same interest is

1. 11%

2. 10.5%

3. 10%

4. 9.5%

Q.

The Simple interest on a certain sum for 2 years at 20% per annum is Rs. 160. The corresponding compound interest is

1. Rs. 88

2. Rs. 176

3. Rs. 126

4. Rs. 150

Q.

A sum amounts to Rs. 882 in 2 years at 5% compound interest. The sum is

1. 800

2. 840

3. 822

4. 842