**Learn and Practice Free Compound Interest Set 6 questions **

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#### Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.

Option 1: 612

Option 2: 712

Option 3: 812

Option 4: 912

Option 5:

#### Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

Option 1: Rs.512

Option 2: Rs.515

Option 3: Rs.612

Option 4: Rs.522

Option 5:

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

Option 1: 2200

Option 2: 2300

Option 3: 2400

Option 4: 2500

Option 5:

#### You deposit $300 in a savings account that pays 4% simple annual interest. Find your account balance after 9 months.

Option 1: 309

Option 2: 409

Option 3: 509

Option 4: 609

Option 5:

#### What will be the compound interest on a sum of Rs.25,000 after 3 years at the rate of 12 p.c.p.a?

Option 1: Rs.10123.20

Option 2: Rs.12100

Option 3: Rs.12552

Option 4: Rs.12665

Option 5:

#### Jackie deposits $325 in an account that pays 4.1% interest compounded annually. How much money will Jackie have in her account after 3 years?

Option 1: 346.64

Option 2: 356.64

Option 3: 366.64

Option 4: 376.64

Option 5:

#### If you deposit $6500 into an account paying 8% annual interest compounded monthly, how much money will be in the account after 7 years?

Option 1: 11358.24

Option 2: 12334

Option 3: 15789

Option 4: 12386

Option 5:

#### The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

Option 1: 8

Option 2: 10

Option 3: 12

Option 4: 14

Option 5:

#### Josh borrowed $250 from his mother to buy an electric scooter. Josh will pay her back in 1 year with 3% simple annual interest. How much interest will Josh pay?

Option 1: 7.5

Option 2: 8.5

Option 3: 9.5

Option 4: 10.5

Option 5:

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

Option 1: 1261

Option 2: 1272

Option 3: 1282

Option 4: 1292

Option 5:

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