Learn and Practice Free Compound Interest Set 6 questions
Click below to Practice Free Compound Interest Set 6 Questions
You can get answer of the below sample questions by going through the above Question sets.
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:
Practice Free Compound Interest Set 6 Questions online
By Practicing the below question set :
The student will get the basic and advanced knowledge on Compound Interest Set 6.
The student will learned the priciples and methedology of Compound Interest Set 6.
The student will evaluate the knowledge level on Compound Interest Set 6.
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.
Kindly
Note : The information provided here is just indicative
information and is provided on “as is”
and “as available” basis . We make no
claims on accuracy and reliability of the information.
For correct/current information kindly contact concerned
college/institution/authorities