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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.

7. 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

9. 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

10. 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

3. If the difference between the compound interest and the simple interest on a certain sum at the rate of 5% per annum for 2 years is Rs. 20, then the sum is

Options

A : Rs. 2000

B : Rs. 4000

C : Rs. 6000

D : Rs. 8000

4. 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

5. 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

6. 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

10. The minimum number of half years in which a sum of money kept at 60% compound interest will be quadrupled is ?

Options

A : 2

B : 4

C : 3

D : 6

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