Compound Interest MCQs

The simple interest on a sum of money at 10% per annum for 2 years is Rs. 8,100. What would be the compound interest (in Rs.) on the same sum for the same period at 15% p.a, when the interest is compound yearly?

A sum amounts to Rs. 18,600 after 3 years and to Rs. 27,900 after 6 years, at a certain rate percent p.a, when the interest is compounded annually. The sum is:

A certain sum amounts to Rs. 4,205.55 at 15% p.a. in $$2\frac{2}{5}$$ years, interest compounded yearly. The sum is:

The difference between the compound interest and simple interest on Rs. x at 8.5% per annum for 2 years is Rs. 28.90. The value of x is

There is a 60% increase in an amount in 5 years at simple interest. What will be the compound interest on Rs. 6,250 for two years at the same rate of interest, when the interest is compounded yearly?

A loan has to be returned in two equal yearly instalments each of Rs. 44,100. If the rate of interest is 5% p.a., compounded annually, then the total interest paid is:

Aman borrows Rs. 18,000 and undertakes to pay back with compound interest at a rate of 20% annually in two equal yearly instalments. The amount of each instalment is:

A money lender borrows money at 6% per annum and pays the interest at the end of the year. He lends it at 8% per annum compound interest compounded half-yearly and receives the interest at the end of the year. In this way, he gains Rs. 108 a year. The amount of money he borrows, is:

A sum amount to Rs. 7,562 in 4 years and to Rs. 8,469.44 in 5 years at a certain rate percent per annum, when the interest is compounded yearly. The rate of interest is: