Compound Interest MCQs

168 questionsArithmetic-AbilityPage 17 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 145easy
What is the amount (in Rs.) of a sum of Rs. 32,000 at 20% per annum for 9 months, compounded quarterly?
Question 146easy
The compound interest on a sum of Rs. 5,500 at 15% p.a. for 2 years, when the interest is compounded 8 monthly is:
Question 147easy
The compound interest (compounded annually) on a sum of money invested for three years yields Rs. 800 and Rs. 840 in four years. The annual percentage rate of interest is:
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Question 148easy
The compound interest on a sum of Rs. 20,000 at 15% p.a., for $$2\frac{2}{3}$$ years, interest compounded yearly is:
Question 149easy
The difference between the compound interest on a sum of Rs. 8,000 for 1 year at the rate of 10% per annum, interest compounded yearly and half yearly is:
Question 150easy
If the difference between the compound interest and simple at 17% on a sum money for 2 years (compounded annually) is Rs. 433.50, then the compounded interest (in Rs.) is:
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Question 151easy
A sum of Rs. x was borrowed and paid back in two equal yearly instalments, each of Rs. 35,280. If the rate of interest was 5%, compounded annually, then the value of x is:
Question 152easy
Rahul invested equal sums of money at compound interest under two schemes A and B. Under scheme A, the interest rate was 10% per annum and under scheme B, the interest rate was 12% per annum. The compound interest after two years on the sum invested in scheme A was Rs. 1,050. How much is the interest earned under scheme B after two years, if the interest is compounded annually in both schemes?
Question 153easy
Surekha borrowed a sum of money and returned it in two equal instalments of Rs. 5,547 each. If the rate of interest was $$7\frac{1}{2}\% $$ p.a. compounded yearly, then the total interest paid by her was: