Compound Interest Questions with Solutions

Compound Interest Questions with Answers and Solutions, Free Practice Mock Test for Competitive Exams.

Quiz : Maths – All type Compound Interest Objective MCQs Questions
Medium : English
Useful for SSC CGL, CHSL, GD, UPSSSC PET, RRB

Results

#1. A sum of Rs 3200 invested at 10% p.a. compounded quarterly amounts to Rs 3362. Compute the time period

#2. The time in which Rs 80000 amounts to Rs 92610 at 10% p.a. compound interest, interest being compounded semi-annually is :

#3. The compound interest on Rs 30000 at 7% per annum for a certain time is Rs 4347. The time is :

#4. At what per cent per annum will Rs 3000 amounts to Rs 3993 in 3 years if the interest is compounded annually?

#5. In what time will Rs 10000 amount to Rs 13310 at 20% per annum if compounded half yearly?

#6. The compound interest on a certain sum for 2 year at 10% per annum is Rs 525. The simple interest on the same sum for double the time at half the rate percent per annum is :

#7. A man borrowed some money from a private organization at 5% simple interest per annum. He lends 50% of this money to another person at 10% compound interest per annum and thereby the man made a profit of Rs 3205 in 4 years. How much did the man borrow?

#8. If the compound interest on a certain sum for two years at 12% per annum is Rs 2544, the simple interest on it at the same rate for 2 years will be :

#9. The compound interest on a certain sum of money at a certain rate for 2 years is Rs 40.80 and the simple interest on the same sum is Rs 40 at the same rate and for the same time. The rate of interest is :

#10. The difference between the compound interest and simple interest on a certain sum for 2 years at 10% per annum is 300. Find the sum.

#11. If the difference between S.I. and C.I. for 2 years on a sum of money lent at 5% is Rs 6, then the sum is :

#12. The difference between compound and simple interest on a certain sum for 3 years at 5% per annum is Rs 122. The sum is :

#13. If the difference between the compound interest and simple interest on a sum at 5% rate of interest per annum for three years is Rs 36.60, then the sum is :

#14. The difference between the simple and compound interest on a certain sum of money at 5% rate of interest per annum for 2 years is Rs 15. Then the sum is :

#15. A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to four times itself ?

#16. A sum of money invested at compound interest doubles itself in 6 years. At the same rate of interest it will amount to eight times of itself in :

#17. A sum of money amounts to Rs 4840 in 2 years and to Rs 5324 in 3 years at compound interest compounded annually. The rate of interest per annum is :

#18. A sum of money is paid back in two annual instalments of Rs 17640 each, allowing 5% compound interest compounded annually. The sum borrowed was :

#19. A builder borrows Rs 2550 which is to be paid back with compound interest at the rate of 4% per annum by the end of 2 years in two equal yearly instalments. How much will each instalment be?

#20. A person deposited a sum of 6000 in a bank at 5% per annum simple interest. Another person deposited 5000 at 8% per annum compound interest. After two years, the difference of their interests will be :

FINISH

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