Compound Interest MCQs

168 questionsArithmetic-AbilityPage 11 of 19

Practice free Compound Interest multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 168 questions — no login required.

Question 91easy
A sum of Rs 210 was taken as a loan. This is to be paid back in two equal installments. If the rate of interest be 10% compounded annually, then the value of each installment is = ?
Question 92easy
A certain sum will amount to Rs 12100 in 2 years at 10% per annum of compound interest, interest being compounded annually. The sum is = ?
Question 93easy
Find the rate percent per annum if Rs. 2000 amounts to Rs. 2315.25 in one and half years interest being compounded half yearly.
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Question 94easy
One can purchase a flat from a house building society for Rs. 55000 cash or on the terms that he should pay Rs. 4275 as cash down payment and get the rest in three equal installments. The society charges interest at the rate of 16% per annum compounded half-yearly. If the flat is purchased under installment plan, find the value of each installment ?
Question 95easy
The sum of money which when given on compound interest at 18% per annum would fetch Rs 960 more when the interest is payable half-yearly then when it was payable annually for 2 years is = ?
Question 96easy
In what time will Rs 64000 amounts to Rs 68921 at 5% per annum interest being compounded half yearly ?
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Question 97easy
When principal = Rs. S, rate of interest = 2r % p.a., then a person will get after 3 years at compound interest = ?
Question 98easy
At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years ?
Question 99easy
On what sum of money will the difference between simple interest and compound interest for 2 years at 5% per annum be equal to Rs. 63 ?