Compound Interest
Compound Interest
1) The Compound Interest on Rs. 8000 at 5% per 7) A sum of money invested at Compound Interest
annum for 2 years compound annually? amounts to Rs. 2420 for 2 years and Rs. 2662 for 3
a) 810 years then find the rate of interest per annum?
b) 820 a) 10%
c) 830 b) 12%
d) 870 c) 6%
d) 8%
2) The Compound Interest on Rs. 8000 at 15% per
annum for 2 years 4 months compound annually? 8) A sum of money invested at Compound Interest.
a) 3000 The interest earned on Rs. 800 for 3 years and Rs.
b) 3108 840 in 4 years, the rate of interest for annum is?
c) 3109 a) 4%
d) 3260 b) 5%
c) 6%
3) Find Compound Interest on Rs. 40000 at 30% p.a d) 7%
for 1 year Interest being compound for every 4
months? 9) A sum of money becomes Rs. 6690 after 3 years
a) Rs. 13350 and Rs. 10035 after 6 years then find the sum?
b) Rs. 13170 a) Rs. 3420
c) Rs. 13230 b) Rs. 4200
d) Rs. 13240 c) Rs. 4420
d) Rs. 4460
4) The difference between the compound Interest
and Simple Interest on a certain sum at 4% p.a for 2 10) If the Compound Interest on sum of money for
years is Rs. 10 then find the sum? 2 years at 5% per annum is Rs. 369. What is the
a) Rs. 6150 Simple Interest on the same sum at the same rate
b) Rs. 6250 and for same time?
c) Rs. 6450 a) Rs. 360
d) Rs. 6380 b) Rs. 380
c) Rs. 340
5) Find the difference between Compound Interest d) Rs. 400
& Simple Interest occurred on an amount of Rs.
4500 in 3 years at the rate of 10% p.a? 11) If the Compound Interest on the sum of money
a) Rs. 1395 for 3 years at 10% per annum is Rs. 662, What is
b) Rs. 1400 the Simple Interest on the same sum at the same rate
c) Rs. 1500 and for the same time?
d) Rs. 1480 a) Rs. 600
b) Rs. 400
6) A sum of money triple itself at compound interest c) Rs. 500
in 8 years. How many times will it become in 16 d) Rs. 300
years?
a) 7 12) The Compound Interest of an amount P for one
b) 9 year at the rate of 8% per annum is Rs. 600. The
c) 8 Compound Interest for 2 year at the same rate of
d) 6 interest for the same amount P is?
a) Rs. 1248
b) Rs. 1428
c) Rs. 1644
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EKAM IAS ACADEMY HYDERABAD
d) Rs. Q648 annually. Then in 12 years it will become how
much?
13) If a sum of money compounded annually a) Rs. 11,025
becomes 1.44 times of itself in 2 years, then the rate b) Rs. 10,500
of interest per annum is? c) Rs. 9,800
a) 25% d) Rs. 12,550
b) 22%
c) 21% 20) A sum of Rs. 3,000 amounts to Rs. 6,000 in two
d) 20% years at compound interest. The interest for four
years is?
14) A certain sum of money becomes 512/162 times a) Rs. 9,000
of itself in 4 years. Then find the rate of interest if b) Rs. 12,000
compounded annually? c) Rs. 6,000
a) 33.33% d) Rs. 3,000
b) 22.22%
c) 25% 21) Rs. 60,000 invested at a certain rate for a certain
d) 27.5% even number of years, compounded annually grows
to Rs. 63,654. To how much amount would it grow
15) A certain sum of money becomes 625/256 times if it is invested at the same rate for half the period?
of itself in 1 year. Then find the rate of interest per a) Rs. 61,800
annum if interest is compounded quarterly. b) Rs. 61,809
a) 25% c) Rs. 61,675
b) 66.66% d) Rs. 61,827
c) 80%
d) 100% 22) If a sum of money Rs. 38,400 becomes
Rs.75,000 in 7.5 years. Then in 12.5 years it will
16) At what rate percent per annum of compound become how much if it is given at compound
interest, will a sum of money become four times of interest annually?
itself in two years? a) Rs. 1,17,187.5
a) 100% b) Rs. 1,07,087.5
b) 75% c) Rs. 1,17,987.5
c) 50% d) Rs. 1,21,347.5
d) 20%
23) Rs. 5,400 becomes 9,600 at a certain rate of
17) A sum of money becomes eight times of itself interest compounded annually in 2.5 years. Then in
in 3 years at compound interest. The rate of interest how many years Rs. 81,000 will amounts to
per annum is? 1,92,000 at the same rate of interest compounded
a) 100% annually?
b) 80% a) 3 years 4 months
c) 20% b) 4 years 3 months
d) 10% c) 3 years 9 months
d) 4 years 4 months
18) If the amount on a certain principal is 3 years at
12% rate of interest compounded annually is Rs 24) A certain sum invested on compound interest
12,000, What will be the amount (in Rs) after the 4th grows to Rs. 8,000 and Rs. 27,000 in three and six
year? years, respectively when the interest is compounded
a) 14, 330 annually. What is the percentage rate of interest?
b) 15, 440 a) 25%
c) 13, 440 b) 2.5%
d) 14, 550 c) 50%
d) 10%
19) If a certain sum of money amounts to Rs. 4, 900
in 4 years and Rs. 7,350 in 8 years compounded
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25) A certain sum of money becomes Rs. 54,000 in 31) A sum of money becomes Rs. 1,08,000 after 3
4 years and it becomes Rs. 59,582 in 7 years. Find years and becomes, Rs. 1,92,000 after 9 years on
the rate of interest, if compounded annually? same rate of compound interest. Then, that sum of
1) 5% money is? (in rupees)
2) 3% a) 96,000
1 b) 90,000
3) 3 %
3 c) 85,000
2
4) 6 %, d) 81,000
3
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UPSC – CSE || APPSC || TGPSC 81210 17337