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 46easy
The simple interest on a sum of money at 4% per annum for 2 years is Rs 80. The compound interest on the same sum for the same period is = ?
Question 47easy
The compound interest on Rs. 30000 at 7% per annum is Rs. 4347. The period (in years) is = ?
Question 48easy
The compound interest on a certain sum of money at 5% per annum for 2 years is Rs 246. The simple interest on the same sum for 3 years at 6% per annum is = ?
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Question 49easy
The difference between compound and simple interest on a certain sum for 3 years at 5% per annum is Rs. 122. The sum is = ?
Question 50easy
Rs.2000 amounts to Rs. 2226.05 in 2 years at compound interest. What will be the rate of interest ?
Question 51easy
A certain some of money and Rs. 2420 in 2 years and Rs. 2662 in 3 years at same rate of compound interest, compounded annually. The rate of interest per annum is = ?
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Question 52easy
Kamal took Rs. 6800 as a loan which along with interest is to be repaid in two equal annual installment. If the rate of interest is $$12\frac{1}{2}$$ % compounded annually, then the value of each installment is = ?
Question 53easy
A man invests Rs 4000 for 3 years at compound interest. After one year the money amounts to Rs. 4320. What will be the amount (to the nearest rupee) due at the end of 3 years ?
Question 54easy
A sum of Rs. 13360 was borrowed at $${\text{8}}\frac{3}{4}$$ % per annum compound interest and paid back in two years in two equal annual installments. What was the amount of each installment ?