**Learn and Practice Free Compound Interest Set 4 questions **

## Click below to Practice Free Compound Interest Set 4 Questions

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

#### There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate

Option 1: Rs.4972

Option 2: Rs.3972

Option 3: Rs.5972

Option 4: Rs.2972

Option 5:

#### What will Rs.1500 amount to in three years if it is invested in 20% p.a. compound interest, interest being compounded annually?

Option 1: Rs.2592

Option 2: Rs.2492

Option 3: Rs.2352

Option 4: Rs.2552

Option 5:

#### A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year

Option 1: Rs.5624.32

Option 2: Rs.5423

Option 3: Rs.5634

Option 4: Rs.5976

Option 5:

#### A $1000 face value Series S50 compound interest Canada Savings Bond (CSB) was presented to a creditunion branch for redemption.What amount did the owner receive if the redemption was requested on November 1, 2000?

Option 1: 1295.57

Option 2: 1395

Option 3: 1495

Option 4: 1595

Option 5:

#### The difference between the simple interest on a certain sum at the rate of 10%per annum for 2 years and compound interest which is compounded every 6 months is rs.124.05. what is the principal sum

Option 1: rs.6000

Option 2: rs.8000

Option 3: rs.12000

Option 4: none of these

Option 5:

#### Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit

Option 1: Rs.8820

Option 2: Rs.8620

Option 3: Rs.8520

Option 4: Rs.8320

Option 5:

#### If the compound interest on a certain sum at 16 (2/3)% to 3 years is Rs.1270, find the simple interest on the same sum at the same rate and f or the same period.

Option 1: 1080

Option 2: 1090

Option 3: 1180

Option 4: 1109

Option 5:

#### The difference between compound interest and simple interest on a sum for two years at 10% per annum, where the interest is compounded annually is Rs.16. if the interest were compounded half yearly , the difference in two interests would be

Option 1: Rs.24.81

Option 2: Rs.26.90

Option 3: Rs.31.61

Option 4: Rs.32.40

Option 5:

#### The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is

Option 1: 6.06%

Option 2: 6.07%

Option 3: 6.08%

Option 4: 6.09%

Option 5:

#### A $1000 face value Series S50 compound interest Canada Savings Bond (CSB) was presented to a credit union branch for redemption.What amount did the owner receive if the redemption was requested on:January 17, 2001?

Option 1: 1206

Option 2: 1306

Option 3: 1406

Option 4: 1506

Option 5:

By Practicing the below question set :

The student will get the basic and advanced knowledge on Compound Interest Set 4.

The student will learned the priciples and methedology of Compound Interest Set 4.

The student will evaluate the knowledge level on Compound Interest Set 4.

Student can practice number of times the question till he is clear.

Student can provide the review / feedback / suggestion on the questions which will help to others.

The question contains the simple to complex level difficulties so that student can improve the knowledge.