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 10easy
The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:
Question 11easy
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
Question 12easy
If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?
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Question 13easy
The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
Question 14easy
The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
Question 15easy
The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is:
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Question 16easy
In how many years will Rs. 2000 amounts to Rs. 2420 at 10% per annum compound interest?
Question 17easy
If the difference between the compound interest and simple interest on a sum of 5% rate of interest per annum for three years is Rs. 36.60, then the sum is = ?
Question 18easy
What would be the compound interest accrued on an amount of Rs. 8400 @ 12.5 p.c.p.a at the end of 3 years ?