# Learn and Practice Free Compound Interest Set 3 questions

## You can get answer of the below sample questions by going through the above Question sets.

#### The principal that amounts to Rs.4913 in 3 years at 4 1/3% per annum compound interest compounded annually is

Option 1: Rs.3096
Option 2: Rs.4076
Option 3: Rs.4085
Option 4: Rs.4096
Option 5:

Option 1: 2
Option 2: 3
Option 3: 4
Option 4: 5
Option 5:

Option 1: 3400
Option 2: 4400
Option 3: 5400
Option 4: 6400
Option 5:

Option 1: 3567
Option 2: 3452
Option 3: 3087
Option 4: 3544
Option 5:

#### In what time will Rs. 1000 become Rs. 1331 at 10% per annum compounded annually?

Option 1: 1 Year
Option 2: 2 Years
Option 3: 3 Years
Option 4: 4 Years
Option 5:

Option 1: 4360
Option 2: 4460
Option 3: 4560
Option 4: 4660
Option 5:

#### A five-year promissory note with a face value of \$3500, bearing interest at 11% compounded semiannually, was sold 21 months after its issue date to yield the buyer 10% compounded quarterly.What amount was paid for the note

Option 1: 4336.93
Option 2: 5336
Option 3: 6336
Option 4: 7336
Option 5:

Option 1: 12%
Option 2: 13%
Option 3: 14%
Option 4: 15%
Option 5:

Option 1: Rs.625
Option 2: Rs.626
Option 3: Rs.627
Option 4: Rs.628
Option 5:

#### Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.

Option 1: 524.32
Option 2: 624.32
Option 3: 724.32
Option 4: 824.32
Option 5:

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