**Q1. Sonika invested an amount of 5800 for 2 years. At what rate of compound interest will she get an amount of 594.5 at the end of two years?**

(a) 5 p.c.p.a.

(b) 4 p.c.p.a.

(c) 6 p.c.p.a.

(d) 8 p.c.p.a.

(e) None of these

**Q2. The compound interest earned by Suresh on a certain amount at the end of two years at the rate of 8 p.c.p.a. was 1414.4. What was the total amount that Suresh got back at the end of two years in the form of principal plus interest earned?**

(a) 8500

(b) 9914.4

(c) 9014.4

(d) 8914.4

(e) None of these

**Q3. What would be the compound interest accrued on an amount of 7400 @ 13.5 p.c.p.a. at the end of two years? (Rounded off to two digits after decimal)**

(a) 2136.87

(b) 2306.81

(c) 2032.18

(d) 2132.87

(e) None of these

**Q4. If the compound interest accrued on an amount of 14500 in two years is 4676.25, what is the rate of interest p.c.p.a?**

(a) 11

(b) 9

(c) 15

(d) 18

(e) None of these

**Q5. What would be the compound interest accrued on an amount of 8000 at the rate of 15% per annum in three years?**

(a) 4283

(b) 4051

(c) 4167

(d) 4325

(e) None of these

**Q6. What would be the compound interest accrued on an amount of 7850 at the rate of 14% per annum in two years?**

(a) 2351.86

(b) 2880.37

(c) 2518.22

(d) 2290.23

(e) 34013.95

**Q7. What will be the compound interest accrued on an amount of 10000 @ 20 % per annum in two years if the interest is compounded half-yearly?**

(a) 4400

(b) 4600

(c) 4641

(d) 4680

(e) None of these

**Q8. What will be the difference between the simple interest and compound interest earned on a sum of 985.00 at the rate of 14% per annum at the end of two years?**

(a) 16.408

(b) 14.214

(c) 18.218

(d) 17.405

(e) None of these

**Q9. The simple interest on a certain sum of money for 4 years at 4 per cent per annum exceeds the compound interest on the same sum for 3 years at 5 per cent annum by 57. Find the sum.**

(a) 24000

(b) 25000

(c) 26000

(d) 3000

(e) 40000

**Q10. A sum of money at compound interest amounts in two years to 2809, and in three years to 2977.54. Find the original sum.**

(a) 2000

(b) 2100

(c) 2200

(d) 2500

(e) 3000

**Q11. A sum is invested at compound interest payable annually. The interest in two successive years was 225 and 236.25. Find the rate of interest.**

(a) 2%

(b) 3%

(c) 5%

(d) 9%

(e) 11%

**Q12. A merchant commences with a certain capital and gains annually at the rate of 25 p.c. At the end of 3 years he has 10,000. What was his original capital?**

(a) 5120

(b) 5353

(c) 5456

(d) 5657

(e) 5757

**Q13. In what time will 6250 amount to 6632.55 at 4 p.c. compound interest payable half-yearly?**

(a) 3

(b) 3/2

(c) 3/4

(d) 5/2

(e) 9/11

**Q14. What sum of money at compound interest will amount to 2249.52 in 3 years if the rate of interest is 3% for the first year, 4% for the second year, and 5% for the third year?**

(a) 2000

(b) 4000

(c) 3000

(d) 5000

(e) 7000

**Q15. If the simple interest on a certain sum of money for 3 years at 5% is 150, find the corresponding CI.**

(a) 197

(b) 157.62

(c) 137.36

(d) 117.17

(e) 127.34

## No comments:

## Post a Comment