Compound Interest

The compound interest on Rs. 1000 at 10% p.a. for 2 years is

• Rs. 190

• Rs. 210

• Rs.1210

• Rs.200

The compound interest on Rs.5000 at 20% per annum for 1½ years compounded half yearly is

• Rs.1600

• Rs.50

• Rs.1655

• Rs.6655

The time in which Rs.6000 amounts to Rs.7986 at 10% p.a. compounded annually is

• 2 years

• 3 years

• 4 years

• 5 years

The difference between the compound interest, compounded annually and the simple interest on a certain sum for 2 years at 6% per annum is Rs.18. Find the sum.

• Rs.15000

• Rs.5000

• Rs.45000

• Rs.20000

Find the compound interest on Rs.15625 for  3/2 years at 8 % per annum when compounded half-yearly.

• Rs.1951

• Rs.17576

• Rs.1536

• Rs.1356

At what rate per cent per annum will Ron lend a sum of Rs.2000 to Ben. Ben returned after 2 years Rs.2205, compounded annually?

• 3 % p.a.

• 5 % p.a.

• 7 % p.a.

• 8 % p.a.

The principal that amounts to Rs.4913 in 3 years at 6¹/₄ % per annum compound interest, compounded annually, is

• 3096

• 4076

• 4085

• 4096

If the simple interest on a sum of money at 5% per annum for 3 years is Rs.1200, then the compound interest on the same sum for the same period at the same rate will be

• 1225

• 1236

• 1248

• 1261

Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly

• Rs 2520

• Rs 2521

• Rs 2522

• Rs 2523

Albert invested an amount of Rs.8000 in a fixed deposit for 2 years at compound interest, at the rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.

• Rs. 8510

• Rs. 8620

• Rs. 8730

• Rs. 8820