COMPOUND INTEREST

1. Find compound interest on Rs 6250 at 8% p. a. for 2 14. A sum of money amounts to Rs. 1210 in two years and
years. Rs. 1331 in three years at compound interest (interest
a) 1000 b) 1050 c) 1040 d) 1100 being compounded annually). The interest rate per
annum is
2. The rate of interest at which amount of Rs. 1800 on a) 8 b) 10 c) 10.5 d) 11
compound amount becomes Rs. 1984.50 in 2 years is
a)3% b)4% c)5% d)6% 15. A sum of money amounts to Rs. 2809 in two years and
Rs. 2977.54 in three years at compound interest
3. In how many years will a sum of Rs. 10000 at 10 % p.a. annually. Find the sum:
compounded annually become Rs 13310? A) 2800 b) 2000 c) 1950 d) 2500
a) 3 b)4 c)5 d)6
16. A sum of money amounts to Rs. 12100 in two years
4. In how many years will a sum of Rs. 800 at 10% p.a. and Rs. 14641 in 4 years at compound interest
compounded semiannually become 926.1? annually. The sum is:
1
a)3 b)2 c)1 d)1 a) 8000 b) 10000 c) 11000 d) 12000
2

5. Find the sum which will amount to Rs. 9261 after 3 17. A sum of money amounts to Rs. 6690 in 3 years and
years compounded at the rate of 5% Rs. 10035 in 6 years at compound interest (interest
a) 8000 b) 8500 c) 9000 d) 9200 being compounded annually).The sum is
a) 4400 b) 4445 c) 4460 d) 4520
6. Find compound interest on Rs 4000 at 10% per annum
for 2 years and 3 months, compounded annually. 18. If S.I. for a certain sum of money at 10% per annum
A) 921 b) 491 c) 961 d) 941 for 2 years is Rs. 200, then the C.I. for the same sum of
money in the same period will be:
7. The compound interest on Rs 2800 for 1year 6 months a) 300 b) 210 c) 240 d) 220
at 10% p. a. is.
a. 441.35 b. 436.75 c. 434 d. 420 19. If C.I. for a certain sum of money at 10% per annum
for 2 years is Rs. 4410, then the S.I. for same sum of
8. Find compound interest on Rs 5000 at 12% p. a. for 1 money in the same period will be:
year, compounded half- yearly. a) 4300 b) 4200 c) 4400 d) 4000
a. 600 b. 618 c. 712 d. 750
20. The compound interest on a certain sum of money for
9. Find compound interest on Rs 50000 at 12% per 2 years is Rs. 52 and the S.I. For two years at the same
annum for 6 months compounded quarterly. rate is Rs. 50. The rate % is
a. 3000 b. 3040 c. 3045 d. 4000 A) 6% b) 8% c) 12.5% d) none

10. The difference between compound interest and 21. If the simple interest on a sum of money at 5% per
simple interest on a certain sum at 8% per annum for annum for 3 years is Rs. 1200, then the compound
2 years is Rs 240. Find the sum. interest on the same sum for the same period at the
a. 37500 b. 35000 c. 32000 d. 30000 same rate (in rupees) is
a) 1260 b) 1261 c) 1264 d) 1265
11. If difference between compound interest and simple
interest on a sum of money for two years at 10% per 22. If the C. I. On a sum of money at 10% per annum for 3
annum is Rs. 24, then the sum is: years is Rs. 3310, then the S. I. on the same sum for
a) 1800 b) 2000 c) 2400 d) 2500 the same period at the same rate is.
12. The difference between simple interest and a) 3100 b) 3000 c) 3240 d) 3200
compound interest on a certain sum of money for 3 1
23. If the amount is 2 times of the sum after 2 years at
years at 10% p.a. is Rs. 15.50. The sum is 4
a) 5000 b) 3000 c) 550 d) 500 C.I. the rate of interest per annum is
13. Find the difference between simple interest and a) 30% b) 40% c) 25% d) 50%
compound interest on 20000 Rs. for 3 years at 10% 24.
3
If the amount is 3 times of sum after 3 years at
p.a. is: 8
compound interest, Rate of interest per annum is
a) 610 b) 600 c) 620 d) 310
a) 30% b) 40% c) 25% d) 50%
 COMPOUND INTEREST
25. A sum of money deposited at compound interest 40. If S.I. on a certain sum of money at 4% per annum for
doubles itself in 4 years. It will amount to sixteen 2 years be Rs. 125, what would be the interest if it
times at the same rate in were compounded annually at the same rate and for
a) 12 years b) 16 years c) 24 years d) 30 years the same time period?
26. A sum of 4000 deposited at compound interest 1) 127.50 2) 125.50 3) 135.50 4) 138
doubles itself in 5 years. What will amount to after 25 41. The compound interest on a sum of money at 5% per
year at the same rate? annum for 3 years is 2522. What would be the simple
a) 64000 b) 128000 c) 246000 d) 25600 interest on this sum at the same rate and for the same
27. A sum is invested at compound invested payable period?
annually. The interest in first year after was 80 Rs. And 1) 2500 2) 2400 3) 2450 4) 2350
second year after was 170 Rs. The rate is 42. If the difference between C.I. and S.I. on a certain sum
a) 10% b) 14% c) 12.5% d) 15% at 4% for 3 years is 608. Find the sum.
28. A sum is invested at compound invested payable 1) 125000 2) 120000 3)130000 4)122250
annually. The interest in two successive years was Rs. 43. Divide 10230 into two parts such that the first part
500 and Rs. 540. The sum is: after 10 years is equal to the second part after 7 years,
a) 5000 b) 3750 c) 5600 d) 6250 compound interest being 20% per annum
29. A sum of Rs 5300 was taken as a loan. This is to be compounded yearly.
repaid in two equal installments. If the rate of interest 1) 4150, 6080 2) 3950, 6280
be 12% compounded annually, the value of each 3) 3750, 6480 4) 3550, 6680
installments is: 44. A sum of money was lent at 10% per annum,
a) 3150 b) 3248 c) 3136 d) 3345 compounded annually, for 2 years. If the interest was
30. A loan was repaid in two installments of Rs 1210 each. compounded half-yearly, he would have received
If the rate of interest be 10% per annum compounded 220.25 more. Find the sum.
annually, the sum borrowed was: 1) 40000 2) 45000 3) 48000 4) 50000
a) 2100 b) 2000 c) 2178 d) 2800 1
31. What would be the compound interest drawn on an 45. Find compound interest on 10000 for 3 years at
2
amount of 18400, 12% p.a. at the end of 3 years? 10% per annum, compounded yearly
l) 4680.96 2) 7450.67 3) 6235.21 4) 8042.16 1) 3675.50 2) 3775.50
32. The difference between the simple interest and 3) 3875.50 4) 3975.50
compound interest obtained on a principal amount at ANSWER: -
5% p.a. after 2 years is 35. What is the principal 1. (c) 2. (c) 3.(a) 4.(c) 5.(a) 6.(c) 7.(c) 8.(b) 9.(c) 10.(a)
amount? 11.(c) 12.(d) 13.(c) 14.(b) 15.(d) 16.(b) 17.(c) 18.(b)
l) 15,000 2) 10,000 3) 14,000 4)13,000 19.(b) 20.(b) 21.(b) 22.(b) 23.(d) 24.(d) 25. (b) 26. (b)
33. The compound interest on any sum at the rate of 5% 27. (c) 28. (d) 29. (c) 30. (a)
for 2 years is 512.50. Find the sum. 31. (B) 32. (c) 33. (C).34. (A) 35(a) 36. (c) 37. (b)
l) 5200 2) 4800 3) 5000 4) 5500 38.(b) 39.(c) 40.(a) 41.(b) 42.(a) 43.(c) 44.(a) 45.(d)
34. What will be the compound interest on a sum of
25,000 after 3 years at the rate of 12% p.a.?
l) 10123.20 2) 9000 3) 10483.20 4) 9720
35. What will be the difference in simple and C.I. 12% p. a.
on a sum of 960 after 2 years?
1) 13.824 2) 24.04 3) 20.224 4) 31

36. What will be the difference in simple and C.I. on ` 2000

after three years at the rate of 10 per cent per
annum?
l) 60 2) 42 3) 62 4) 20
37. What will be the C.I. acquired on a sum of 12000 for 3
years at the rate of 10% per annum?
1) 2652 2) 3972 3) 3960 4) 3852
38. Find C.I. on 3000 for 2 months at 4% per month.
1) 240.80 2) 244.80 3) 235 4) 235.50
39. In what time will 15625 amount to 17576 at 4% per
annum, compounded yearly?
1) 4 years 2)2.5 years 3)3 years 4)3.5 years