Home - Aieee - Compound Interest

Compound Interest Online Exam Quiz

Important questions about Compound Interest. Compound Interest MCQ questions with answers. Compound Interest exam questions and answers for students and interviews.

1. The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned ?

Options

A : Rs. 11828.80

B : Rs. 19828.80

C : Rs. 9828.80

D : Rs. 19328.80

2. 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

Options

A : Rs. 387

B : Rs. 441

C : Rs. 469

D : Rs. 503

3. 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?

Options

A : Rs. 704

B : Rs. 854

C : Rs. 893

D : Rs. 914

4. Sonika invested an amount of Rs.5800 for 2 years. At what rate of compound interest will she get an amount of Rs.594.50 at the end of 2 years ?

Options

A : 6.5%

B : 6%

C : 5%

D : 4.5%

5. The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is ?

Options

A : 3 years

B : 4 years

C : 2.5 years

D : 2 years

6. Find the C.I. on Rs. 15,225 for 9 months at 16% per annum compounded quarterly ?

Options

A : Rs. 1911

B : Rs. 1909

C : Rs. 1901

D : Rs. 1907

7. At what rate of compound interest per annum will a sum of Rs 10000 become Rs 12321 in 2 years?

Options

A : 22 percent

B : 11 percent

C : 7 percent

D : 15 percent

8. Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420 ?

Options

A : Rs. 2000

B : Rs. 2100

C : Rs. 1900

D : Rs. 2150

9. Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit ?

Options

A : Rs. 8840

B : Rs. 8800

C : Rs. 8810

D : None

10. There is 50% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate ?

Options

A : Rs. 5422

B : Rs. 5489

C : Rs. 3972

D : Rs. 6145

1. Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest ?

Options

A : 20% p.a

B : 15% p.a

C : 18% p.a

D : 24% p.a

2. The compound interest on a certain sum for 2 years at 10% per annum is Rs. 1155. The simple interest on the same sum for double the time at half the rate percent per annum is ?

Options

A : Rs. 1100

B : Rs. 5500

C : Rs. 1400

D : Rs. 4120

3. In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ?

Options

A : Quarter months

B : Half year

C : 2 years

D : 1 year

4. What is the Compound interest on Rs. 5000 in 3 years, if the rate of interest is 4% for the first year, 3% for the second year and 2% for the third year?

Options

A : Rs. 435.21

B : Rs. 453.12

C : Rs. 436.12

D : Rs. 463.12

1. 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 :

Options

A : Rs. 3680

B : Rs. 2650

C : Rs. 1400

D : Rs. 1170

2. 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 ?

Options

A : Rs. 5989

B : Rs. 6540

C : Rs. 7844

D : Rs. 6789

3. 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. simple interest. The interest earned from scheme M is twice of that earned from scheme N. What is the value of k?

Options

A : 7

B : 11

C : 9

D : 13

4. Find the compound interest on Rs. 6,500 for 4 years if the rate of interest is 10% p.a. for the first 2 years and 20% per annum for the next 2 years?

Options

A : Rs. 3845

B : Rs. 4826

C : Rs. 5142

D : Rs. 4415

5. What is the interest rate per annum, if a sum of money invested at compound interest amount to Rs. 2400 in 3 years and in 4 years to Rs. 2,520?

Options

A : 3.5%

B : 4%

C : 5%

D : 6.5%

6. A sum is equally invested in two different schemes on CI at the rate of 15% and 20% for two years. If interest gained from the sum invested at 20% is Rs. 528.75 more than the sum invested at 15%, find the total sum?

Options

A : Rs. 7000

B : Rs. 4500

C : Rs. 9000

D : Rs. 8200

Aieee more Online Exam Quiz

Copyright © 2021
Exam-GK-MCQ-Questions.Com | Contact Us | Privacy Policy | Terms of Use | Sitemap | 0.018393993377686