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Compound Interest Problems

The document contains 17 multiple choice questions related to compound interest concepts. It tests calculation of compound interest amounts over different time periods at given interest rates, as well as differences between compound and simple interest on various principal amounts. It also includes questions on periodic interest compounding and determining interest rates or principal amounts based on compound interest growth over time.

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Aditya Saha
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0% found this document useful (0 votes)
109 views2 pages

Compound Interest Problems

The document contains 17 multiple choice questions related to compound interest concepts. It tests calculation of compound interest amounts over different time periods at given interest rates, as well as differences between compound and simple interest on various principal amounts. It also includes questions on periodic interest compounding and determining interest rates or principal amounts based on compound interest growth over time.

Uploaded by

Aditya Saha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

BANK/MATHS/201803/COMPOUND INTEREST/E&H/11

LECTURE-11
COMPOUND INTEREST
( )

Q.1. What is the amount under compound interest at the end of three years on a sum of Rs. 8000 at
5% per annum ?
8000 5
(1) Rs. 8470 (2) Rs. 8865 (3) Rs. 9051 (4) Rs. 9261 (5) None of these
Q.2. What would be the compound interest obtained on an amount of Rs. 2,600 at the rate of 10
p.c.p.a after two years ?
2,600ý- dh jkf'k ij 10 iz-'k-iz-o- dh nj ls nks o"kZ ckn fdruk pØo`f) C;kt feysxk ?
(1) Rs. 542 (2) Rs. 546 (3) Rs. 550 (4) Rs. 520 (5) None of these
Q.3. What would be the compound interest obtained on an amount of Rs. 8600 at the rate of 12 p.c.p.a.
1
after 1 years compounded half yearly ?
2
1
8600 dh /kujkf'k ij 12% okf"kZd nj ls 1 o"kksZ dk pØo`f) C;kt D;k gksxk ;fn C;kt v)Zokf"kZdh ns;
2
gks \
(1) Rs. 1642.7376 (2) Rs. 1542.7276 (3) Rs. 1442.3776 (4) Rs. 1742.7367 (5) None of these
Q.4. The compound interest accrued on an amount at the end of two years at the rate of 15 p.c.p.a. is
` 2915.4. What is the amount ?
nks o"kZ ds var esa 15 iz-'k-iz-o- dh nj ls ,d jkf'k ij mifpr pØo`f) C;kt ` 2915.4 gSA ;g jkf'k D;k
gS\
(1) ` 76,020/- (2) ` 9,040/- (3) ` 8,540/- (4) ` 10,250/- (5) None of these
Q.5. A sum of money becomes two times in 3 year if the interest is compounded half yearly. In how
years will it becomes thirty two times itself ?/ ,d ewy/ku 3 o"kksZa esa v)Zokf"kZdh ns; pØo`f) C;kt dh
nj ls 2 xquk gks tkrk gSA ;g ewy/ku fdrus o"kks± esa Lo;a dk 32 xquk gks tk;sxk\
(1) 26 (2) 48 (3) 12 (4) 15 (5) 28
Q.6. In a certain period Rs. 10000 amount to rupees 1,60000 at C.I. If the principle is invested for half
of the time period, find the amount.
fdlh fuf'pr le; esa 10000 :i;s p– Øo`f) C;kt dh nj ij 1,60000 :i;s gks tkrk gSA ;fn /kujkf'k
vk/ks le; ds fy, fuos'k dh tk;s rks izkIr gksus okyk feJ/ku Kkr dhft,A
(1) Rs. 50,000 (2) Rs. 40,000 (3) Rs. 80,000 (4) Rs. 60,000 7(5) Rs. 70,000
Q.7. If a sum of Rs. 10000 is placed at CI for 3 year while rate of interest for the first, second and third
year is 10%, 5% and 2% respectively, what amount will be receive.
10000 :i;s ij 3 o"kZ ds fy, pØo`f) C;kt dh nj ls nh xbZ gksA bldh C;kt nj igys] nwljs rFkk rhljs
o"kZ ds fy, Øe'k% 10%, 5% vkSj 2% gks rks D;k /kujkf'k izkIr gksxk\
(1) Rs. 11781 (2) Rs. 11244 (3) Rs. 11231 (4) Rs. 11658 (5) Rs. 12000
Q.8. The difference between S.I and C.I for two years on a sum of Rs. 200000 at 12% p.a. is Rs. x. On
what sum will the difference between S.I. and C.I. for two years at 16% p.a. equal to Rs. x ?
200000 12% x
16%
x
(1) Rs. 112500 (2) Rs. 24000 (3) Rs. 25000 (4) Rs. 30000 (5) None of these
Q.9. The difference between the compound and simple interest on a certain sum of money at 8% per
annum for two years is Rs. 16. If the interest is compounded half yearly, what would be the
difference between compound and simple interest ?
[Link]
1
BANK/MATHS/201803/COMPOUND INTEREST/E&H/11
,d /ku ij 8% okf"kZd C;kt dh nj ls nks o"kksZa dk pØo`f) C;kt o lk/kkj.k C;kt esa vUrj 16 #i, gSaA
;fn C;kt v/kZokf"kZd la;ksftr gksrk gks rks pØo`f) o lk/kkj.k C;kt esa vUrj Kkr dhft, \
(1) Rs. 42.26 (2) Rs. 26.42 (3) Rs. 24.64 (4) 25.25 (5) 26.24
Q.10. A man borrows Rs. 4000 at 10% per annum on compound interest. At the end of every year he
pays Rs. 1500 as part payment of loan and interest. How much does he still owe to the bank after
3 such annual payments ?/ ,d vkneh us 10% okf"kZd pØo`f) C;kt dh nj ls :i, 4000 m/kkj fy,A
çR;sd o"kZ ds vUr esa og #i, 1500 _.k dh fdLr rFkk C;kt ds :i esa tek djrk gSA rhu okf"kZd fdLrksa
esa Hkqxrku ds ckn og vkneh cSad dk fdrus #i, dk _.kh jgsxk \
(1) Rs. 350 (2) Rs. 359 (3) Rs. 250 (4) Data inadequate (5) None of these
Q.11. Pratheek borrowed a sum of Rs. 30000 at compound interest, compounded annually. If the amount
at the end of two years is Rs. 33708, then what is the interest for the third year ?
30000
33708
(1) Rs. 2121.48 (2) Rs. 2112.48 (3) Rs. 2022.48 (4) Rs. 2002.58 (5) None of these
Q.12. The compound interest on a certain sum is Rs. 104 for 2 years and simple interest is Rs. 100 for
the same period. Find the approximate difference between Compound Interest and simple interest
of the same sum for 3 years ?/ fdlh fuf'pr /ku dk 2 o"kZ dk pØo`f) C;kt 104 #- gS rFkk mrus gh
o"kksZa dk lk/kkj.k C;kt 100 #- gSA mlh /ku dk 3 o"kksZa dk pØo`f) C;kt vkSj lk/kkj.k C;kt dk vUrj
yxHkx D;k gksxk \
(1) Rs 12.32 (2) Rs 14 (3) Rs 16 (4) Rs 18 (5) Rs 10
Q.13. The difference between compound interest compounded annually at 10% p.a. and simple interest
at 12% p.a. on a certain sum of money for two years is Rs. 2640. Find the sum of money ?
10% 12%
2640
(1) Rs. 84000 (2) Rs. 86000 (3) Rs. 88000 (4) Rs. 90000 (5) None of these
Q.14. Arun borrowed a certain sum from Manish at a certain rate of simple interest for 2 years. He lent
this sum to Sunil at the same rate of interest compounded annually for the same period. At the
end of two years, he received Rs. 2400 as compound interest but paid Rs. 2000 only as simple
interest. Find the rate of interest.
v:.k us ,d fuf'pr /kujkf'k lk/kkj.k C;kt dh nj ij nks o"kZ ds fy, euh"k ls m/kkj yhA og ;g /kujkf'k
leku le; ds fy, leku pØo`f) okf"kZd C;kt dh nj ij lquhy dks m/kkj nsrk gSA nks o"kZ ds vUr esa
mlus 2400 :- pØo`f) C;kt izkIr fd;k rFkk 2000 :- lk/kkj.k C;kt vnk fd;kA C;kt nj Kkr dhft,A
(1) 40% (2) 30% (3) 20% (4) 10% (5) None of these
Q.15. A man borrows Rs. 4000 at 20% compound rate of interest. At the end of each year he pays back
Rs. 1500. How much amount should he pay at the end of the third year to clear all his dues?
,d O;fDr 20% pØo`f) C;kt ij 4000 :- m/kkj ysrk gSA izR;sd o"kZ ds vUr esa og 1500 :- vnk djrs
dj nsrk gSA rhljs o"kZ ds vUr esa mls [Link] _.k vnk djus gsrq fdruh /kujkf'k vnk djuh gksxh \
(1) Rs. 2592 (2) Rs. 2852 (3) Rs. 2952 (4) Rs. 2953 (5) None of these
Q.16. A sum of money compounded annually amounts to Rs. 2,340 in 6 years and Rs. 3185 in 8 years.
Find the annual rate of interest.
,d fuf'pr /kujkf'k pØo`f) C;kt dh nj ij 6 o"kks± esa 2340 :- rFkk 8 o"kks± esa 3185 :- gks tkrk gSA
okf"kZd C;kt nj Kkr dhft,A
1 2 1
(1) 13 % (2) 16 % (3) 15% (4) 12 % (5) None of these
3 3 5
Q.17. A certain sum under compound interest, interest being compounded annually earns an interest of
Rs. 864 and Rs. 1,036.80 respectively in the third year and fourth year. Find the sum.
,d fuf'pr /kujkf'k okf"kZd pØo`f) C;kt dh nj ij Øe'k% rhljs rFkk pkSFks o"kZ 864 :- rFkk 1036.80
:- C;kt vftZr djrh gSA ewYk/ku Kkr dhft,A
(1) Rs. 2,400 (2) Rs. 3,000 (3) Rs. 4,000 (4) Rs. 3,800 (5) None of these
For more questions visit [Link]
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