Compound Interest MCQs
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 154easy
Ramesh borrowed Rs. 1,20,000 interest free from Aman. If he pays back at 6.25% of this amount quarterly and has already paid Rs. 30,000, then for how many months does he need to pay back his loan for the rest of the amount?
Question 155easy
What is the compound interest on Rs. 5,000 for 2 years at 10%, per annum, compounded half-yearly?
Question 156easy
Richa took a loan of Rs. 1,20,000 for 1 year at 20% per annum, compounded quarterly. The amount that Richa has to pay after 1 year is:
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Question 157easy
A certain sum amount to Rs. 15,500 in 2 years at 12% p.a. simple interest. The same sum will amount to what in $$1\frac{1}{2}$$ years at 10% p.a., if the interest is compounded half yearly (nearest to Rs. 1)?
Question 158easy
What will be the simple to compound interest (compounded annually) ratio on two identical funds put in a bank at an interest rate of 8% (per annum) for three years?
Question 159easy
The compound interest on a certain sum in $$2\frac{1}{2}$$ years at 10% p.a., interest compounded yearly, is Rs. 1,623. The sum is:
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Question 160easy
A certain loan was returned in two equal half yearly installments each of Rs. 6760. If the rate of interest was 8% p.a. compounded yearly, how much was the interest paid on the loan?
Question 161easy
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 162easy
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: