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Compound Interest
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A certain sum is invested for 2 years in scheme M at 20% p.a. compound interest
(compounded annually), Same sum is also invested for the same period in scheme N at k% p.a. simpleinterest.
The interest earned from scheme M is twice of that earned from scheme N. What is the value of k
9
11
7
13
A sum is equally invested in two different schemes on CI at the rate of 15% and 20% for twoyears.
If interest gained from the sum invested at 20% is Rs.528.
75 more than the sum invested at 15%, find the total sum
Rs. 9000
Rs. 7000
Rs. 8200
Rs. 4500
A sum of Rs. 8,000 is deposited for 3 years at 5% per annum compound interest
(compounded annually). The difference of interest for 3 years and 2 years will be
Rs. 441
Rs. 387
Rs. 503
Rs. 469
Simple interest on a certain sum at 7% per annum for 4 years is Rs.2415.
What will be the compound interest on the same principal at 4% per annum in two years
Rs. 893
Rs. 914
Rs. 704
Rs. 854
What is the difference between the compound interests on Rs. 5000 for 11⁄2 years at 4% per annum compounded yearly and half-yearly
Rs. 4.15
Rs. 2.04
Rs. 1.80
Rs. 3.18
The difference between simple interest and compound interest of a certain sum of money at 20% per annum for 2 years is Rs. 56. Then the sum is
Rs. 1170
Rs. 3680
Rs. 2650
Rs. 1400
Find the compound interest on Rs. 2680 at 8% per annum for 2 years
Rs. 445.95
Rs. 664.21
Rs. 692.57
Rs. 548.68
The compound interest on Rs. 8000 for 3 year at 10% p.a. is
2145
2648
2587
2784
Compound interest on a certain sum of money at 20% per annum for 2 years is Rs.5995.
What is the SI on the same money at 8% per annum for 6 years
Rs. 6540
Rs. 6789
Rs. 7844
Rs. 5989
At a certain rate of interest the compound interest of 3 years and simple interest of 5 years for certain sum of money is respectively Rs.1513.
2 and Rs.2400.
Find the common rate of interest per annum
6%
4%
5%
3%
Find the
C.
I. on Rs. 15,225 for 9 months at 16% per annum compounded quarterly
Rs. 1901
Rs. 1907
Rs. 1909
Rs. 1911
Sonika invested an amount of Rs.5800 for 2years.
At what rate of compound interest will she get an amount of Rs.594.
50 at the end of 2 years
6.5%
6%
5%
4.5%
A sum is being lent at 20 % per annum compoundinterest.
what is the ratio of increase in amount of 4th year to 5th year
4:5
5:6
Can't be determined
5:4
Rs 1000 is being charged at 50% perannum.
what is the interest for 3rd year at compound interest
1125
625
1025
1122
What is the SI on Rs.2500/- at the rate of 12% per annum for 8 years
2200
2400
2300
2500
Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, fromtoday.
They are to be replaced by a $1500 payment due four years from today, and another payment due two years fromtoday.
The replacement stream must be economically equivalent to the scheduledstream.
What is the unknown payment, if money can earn 7% compounded semiannually
1548
1748
1348
1648
The population of a rural region is expected to fall by 2% per year for the next 10years.
If the region’s current population is 100,000, what is the expected population 10 years from now
91707
81707
61707
71707
If the rate of inflation for the next 20 years is 2.5% per year, what annual income will be needed 20 years from now to have the same purchasing power as a $30,000 annual income today
39158
69158
49158
59158
A five-year promissory note with a face value of $3500, bearing interest at 11% compounded semiannually, was sold 21 months after its issue date to yield the buyer 10% compoundedquarterly.
What amount was paid for the note
4336.93
5336
6336
7336
$10,000 face value strip bond has 15 years remaining untilmaturity.
If the prevailing market rate of return is 6.5% compounded semiannually, what is the fair market value of the strip bond
1710.29
4710.29
2710.29
3710.29
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6
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