# Learn and Practice Free Compound Interest Set 8 questions

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

Option 1: 2.3
Option 2: 6.3
Option 3: 4.3
Option 4: 5.3
Option 5:

Option 1: 6.9
Option 2: 7.9
Option 3: 8.9
Option 4: 9.9
Option 5:

Option 1: 1232
Option 2: 1243
Option 3: 1254
Option 4: 1262
Option 5:

Option 1: 5.65%
Option 2: 5.75%
Option 3: 5.85%
Option 4: 5.95%
Option 5:

#### If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time

Option 1: Rs.51.25
Option 2: Rs.61.25
Option 3: Rs.51
Option 4: Rs.42
Option 5:

#### Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:

Option 1: Rs.1550
Option 2: Rs.1650
Option 3: Rs.1750
Option 4: Rs.1850
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: Rs.1251
Option 2: Rs.1261
Option 3: Rs.1271
Option 4: Rs.1281
Option 5:

Option 1: 81707
Option 2: 91707
Option 3: 61707
Option 4: 71707
Option 5:

#### Mr. and Mrs. Espedido’s property taxes, amounting to \$2450, are due on July 1.What amount should the city accept if the taxes are paid eight months in advance and the city can earn 6% compounded monthly on surplus funds?

Option 1: 2354.17
Option 2: 2354
Option 3: 2376
Option 4: 2389
Option 5:

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

Option 1: 2422
Option 2: 2522
Option 3: 2622
Option 4: 2722
Option 5:

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