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Compound Interest problems


  • 1. What is the SI on Rs.2500/- at the rate of 12% per annum for 8 years?

  • Options
  • A. 2200
  • B. 2300
  • C. 2400
  • D. 2500
  • Also asked in: Bank Exams, Bank PO

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  • 2. 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
  • Also asked in: GATE, CAT, Bank Exams, AIEEE, Bank PO, Bank Clerk, Analyst

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  • 3. 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
  • Also asked in: GRE, GATE, CAT, Bank Exams, AIEEE, Bank PO, Bank Clerk, Analyst

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  • 4. 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
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO, Database Administrator, IT Trainer

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  • 5. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:

  • Options
  • A. 3
  • B. 4
  • C. 5
  • D. 6
  • Also asked in: Bank Exams, Bank PO

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  • 6. If the compound interest on a certain sum at 1623 % to 3 years is Rs.1270, find the simple interest on the same sum at the same rate and f or the same period.

  • Options
  • A. 1080
  • B. 1090
  • C. 1180
  • D. 1109
  • Also asked in: Bank Exams, Bank PO

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  • 7. 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
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO

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  • 8. 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%
  • Also asked in: Bank Clerk, GRE, GATE, CAT, Bank Exams, AIEEE, Bank PO

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  • 9. 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
  • Also asked in: GRE, GATE, CAT, Bank Exams, AIEEE, Bank PO, Bank Clerk

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  • 10. The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years?

  • Options
  • A. 8560
  • B. 8673
  • C. 8746
  • D. 8780.80
  • Also asked in: Bank Exams, Bank PO

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