Compound Interest MCQs

168 questionsArithmetic-AbilityPage 16 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 136easy
What is the difference (in Rs.) between the interests on Rs. 50,000 for one year at 8% per annum compounded half yearly and yearly?
Question 137easy
A sum of money becomes Rs. 11,880 after 4 years and Rs. 17,820 after 6 years on compound interest, if the interest is compounded annually. What is the half of the sum (in Rs.)?
Question 138easy
Rs. 4,000 is given at 5% per annum for one year and interest is compounded half yearly. Rs. 2,000 is given at 40% per annum compounded quarterly for 1 year. The total interest received is nearest to:
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Question 139easy
What will be the compound interest on a sum of Rs. 31,250 for 2 years at 12% p.a., if the interest is compounded 8-monthly
Question 140easy
A sum of money after a period of 2 years becomes Rs. 34,560, and it becomes Rs. 41,472 after a period of three years, being compounded at 'R' rate of interest. What is the value of R?
Question 141easy
In how many years will a sum of Rs. 320 amount to Rs. 405 if interest is compounded at 12.5% per annum?
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Question 142easy
A sum of Rs. 4,620 is to be paid back in 2 equal annual instalments. How much is each instalments (in Rs.) if the interest is compounded annually at 10% per annum?
Question 143easy
A sum of Rs. 18,000 is lent at 10% p.a. compound interest, compounded annually. What is the difference between the compound interest for 3rd year and 4th year?
Question 144easy
A loan is to be returned in two equal yearly instalments. If the rate of interest is 10% p.a., compounded annually, and each instalment if Rs. 5,808, then the total interest charged in this scheme is: