Home - Analyst - 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 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

2. 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

3. 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

4. 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%

5. 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

6. What is the difference between the compound interests on Rs. 5000 for 11?2 years at 4% per annum compounded yearly and half-yearly?

Options

A : Rs. 1.80

B : Rs. 2.04

C : Rs. 3.18

D : Rs. 4.15

7. Find the compound interest on Rs. 2680 at 8% per annum for 2 years ?

Options

A : Rs. 664.21

B : Rs. 548.68

C : Rs. 445.95

D : Rs. 692.57

8. 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

9. 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

10. 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

Analyst more Online Exam Quiz

Copyright © 2021
Exam-GK-MCQ-Questions.Com | Contact Us | Privacy Policy | Terms of Use | Sitemap | 0.018282890319824