A. 18
B. 12
C. 9
D. 6
✅ The correct answer is option D. 6.
Compound Interest MCQs
Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?
A. 4 years
B. 6 years
C. 2 years
D. 3 years
✅ The correct answer is option D. 3 years.
Find out the C.I on Rs.5000 at 4% p.a. compound half-yearly for 1 1/2 years.
A. Rs.420.20
B. Rs.319.06
C. Rs.306.04
D. Rs.294.75
✅ The correct answer is option C. Rs.306.04.
The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?
A. 4%
B. 5%
C. 6%
D. 8%
✅ The correct answer is option B. 5%.
Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?
A. Rs.1261
B. Rs.1440
C. Rs.1185
D. Rs.1346
✅ The correct answer is option A. Rs.1261.
A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.
A. Rs.2520
B. Rs.3120
C. Rs.3320
D. Rs.2760
✅ The correct answer is option B. Rs.3120.
The compound interest accrued on an amount of Rs.44000 at the end of two years is Rs.1193.60. What would be the simple interest accrued on the same amount at the same rate in the same period?
A. Rs.10,840
B. Rs.10,720
C. Rs.10,560
D. Rs.10,280
✅ The correct answer is option C. Rs.10,560.
A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?
A. 16
B. 8
C. 12
D. 20
✅ The correct answer is option C. 12.
A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.
A. Rs.500
B. Rs.250
C. Rs.5012.50
D. Rs.5062.50
✅ The correct answer is option E. None of these..
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?
A. 18% p.a.
B. 22% p.a.
C. 20% p.a.
D. 24% p.a.
✅ The correct answer is option C. 20% p.a..