Compound Interest 1

CI
BY
SADEESH DEVARAJ
PROBLEMS BASED ON FINDING CI (ANNUALLY)
Q.1) Find the compound interest (Compounded - Annually) on Rs.5000 at the rate of 10% per annum
for 2 years?
a) Rs.1150
b) Rs.1250
c) Rs.1050
d) Rs.1350
e) None of these
for 2 years?
a) Rs.1150
b) Rs.1250
c) Rs.1050
d) Rs.1350
e) None of these
for 2 years?
a) Rs.1150
b) Rs.1250
c) Rs.1050
d) Rs.1350
e) None of these
for 3 years?
a) Rs.1976
b) Rs.1986
c) Rs.1956
d) Rs.1996
e) None of these
for 3 years?
a) Rs.1976
b) Rs.1986
c) Rs.1956
d) Rs.1996
e) None of these
Q.3) Find the compound interest (Annually) on Rs.7500 at the rate of 12% per annum for 1 year 6
months?
a) Rs.1504
b) Rs.1604
c) Rs.1304
d) Rs.1404
e) None of these
Q.3) Find the compound interest (Annually) on Rs.7500 at the rate of 12% per annum for 1 year 6
months?
a) Rs.1504
b) Rs.1604
c) Rs.1304
d) Rs.1404
e) None of these
PROBLEMS BASED ON FINDING PRINCIPLE (ANNUALLY)
Q.1) The compound interest (Compounded - Annually) received on certain amount at the rate of 10%
per annum for 2 years is Rs.1680 then find the principle invested?
a) Rs.7500
b) Rs.6500
c) Rs.8500
d) Rs.8000
e) None of these
PROBLEMS BASED ON FINDING PRINCIPLE (ANNUALLY)
Q.1) The compound interest (Compounded - Annually) received on certain amount at the rate of 10%
per annum for 2 years is Rs.1680 then find the principle invested?
a) Rs.7500
b) Rs.6500
c) Rs.8500
d) Rs.8000
e) None of these
PROBLEMS BASED ON FINDING NUMBER OF YEARS (ANNUALLY)
Q.1) The compound interest (Compounded - Annually) received on Rs.9000 at the rate of 10% per
annum for ‘n’ years is Rs.1890 then find the value of ‘n’?
a) 1.5 years
b) 2.5 years
c) 3 years
d) 2 years
e) None of these
PROBLEMS BASED ON FINDING NUMBER OF YEARS (ANNUALLY)
annum for ‘n’ years is Rs.1890 then find the value of ‘n’?
a) 1.5 years
b) 2.5 years
c) 3 years
d) 2 years
e) None of these
PROBLEMS BASED ON FINDING RATE OF INTEREST (ANNUALLY)
Q.1) The compound interest (Compounded - Annually) received on Rs.6500 at the rate of R% per
annum for ‘2’ years is Rs.1365 then find the value of ‘n’?
a) 8% per annum
b) 10% per annum
c) 12% per annum
d) 15% per annum
e) None of these
PROBLEMS BASED ON FINDING RATE OF INTEREST (ANNUALLY)
Q.1) The compound interest (Compounded - Annually) received on Rs.6500 at the rate of R% per
annum for ‘2’ years is Rs.1365 then find the value of ‘n’?
a) 8% per annum
b) 10% per annum
c) 12% per annum
d) 15% per annum
e) None of these
PROBLEMS BASED ON ROI/YEARS IN FRACTION (ANNUALLY)
Q.1) The compound interest (Compounded - Annually) received on Rs.18630 at the rate of 11 (1/9)
% per annum for ‘2’ years is?
a) Rs.4270
b) Rs.4170
c) Rs.4570
d) Rs.4470
e) None of these
a) Rs.4270
b) Rs.4170
c) Rs.4570
d) Rs.4470
e) None of these
a) Rs.4270
b) Rs.4170
c) Rs.4570
d) Rs.4470
e) None of these
Q.2) The compound interest (Compounded - Annually) received on ‘P’ at the rate of 11 (1/9) % per
annum for ‘2’ years is Rs.3420?
a) Rs.14270
b) Rs.14170
c) Rs.14570
d) Rs.14470
e) None of these
a) Rs.14270
b) Rs.14170
c) Rs.14570
d) Rs.14470
e) None of these
a) Rs.14270
b) Rs.14170
c) Rs.14570
d) Rs.14470
e) None of these
Q.3) The compound interest (Compounded - Annually) received on certain amount at the rate of 12
(1/2) % per annum for ‘1 (1/2)’ years is Rs.2500?
a) Rs.12000
b) Rs.12800
c) Rs.13200
d) Rs.12400
e) None of these
a) Rs.12000
b) Rs.12800
c) Rs.13200
d) Rs.12400
e) None of these
a) Rs.12000
b) Rs.12800
c) Rs.13200
d) Rs.12400
e) None of these
annum for 1 (3/4) year is Rs.2500?
a) Rs.4656.5
b) Rs.4756.5
c) Rs.4657.5
d) Rs.4747.5
e) None of these
a) Rs.4656.5
b) Rs.4756.5
c) Rs.4657.5
d) Rs.4747.5
e) None of these
a) Rs.4656.5
b) Rs.4756.5
c) Rs.4657.5
d) Rs.4747.5
e) None of these
PROBLEMS BASED ON CI (HALF YEARLY)
Q.1) Find the Compound interest (Compounded – Half Yearly) on Rs.9600 at the rate of 25% per
annum for 1 year and 6 months?
a) Rs.4069.75
b) Rs.4067.75
c) Rs.4065.75
d) Rs.4063.75
e) None of these
a) Rs.4069.75
b) Rs.4067.75
c) Rs.4065.75
d) Rs.4063.75
e) None of these
a) Rs.4069.75
b) Rs.4067.75
c) Rs.4065.75
d) Rs.4063.75
e) None of these
PROBLEMS BASED ON CI (QUARTERLY YEARLY)
Q.1) Find the Compound interest (Compounded - Quarterly) on Rs.25000 at the rate of 25% per
annum for 9 months?
a) Rs.3131.6
b) Rs.3141.6
c) Rs.3151.6
d) Rs.3121.6
e) None of these
annum for 9 months?
a) Rs.3131.6
b) Rs.3141.6
c) Rs.3151.6
d) Rs.3121.6
e) None of these
annum for 9 months?
a) Rs.3131.6
b) Rs.3141.6
c) Rs.3151.6
d) Rs.3121.6
e) None of these
PROBLEMS BASED ON DIFFERENT ROI
Q.1) A sum of money Rs.18000 is invested at 10% per annum for 1st year and 12% per annum for
2nd year and 15% per annum for 3rd year then find the total compound interest (Annually)?
a) Rs.7512.4
b) Rs.7522.4
c) Rs.7532.4
d) Rs.7502.4
e) None of these
a) Rs.7512.4
b) Rs.7522.4
c) Rs.7532.4
d) Rs.7502.4
e) None of these
a) Rs.7512.4
b) Rs.7522.4
c) Rs.7532.4
d) Rs.7502.4
e) None of these
PROBLEMS BASED ON FINDING AMOUNT
Q.1) Find the approximate amount received on Rs.26400 at 8 (1/3) % per annum for 2 years?
a) Rs.30683.33
b) Rs.30983.33
c) Rs. 30583.33
d) Rs. 30683.33
e) Rs. 30783.33
a) Rs.30683.33
b) Rs.30983.33
c) Rs. 30583.33
d) Rs. 30683.33
e) Rs. 30783.33
a) Rs.30683.33
b) Rs.30983.33
c) Rs. 30583.33
d) Rs. 30683.33
e) Rs. 30783.33
PROBLEMS BASED ON DIFFERENCE BETWEEN SI & CI
Q.1) Difference between the simple interest and compound interest for a certain sum of money at the
rate of 10% per annum for 2 years is Rs.180 then find the sum invested?
a) Rs.15000
b) Rs.16000
c) Rs.20000
d) Rs.18000
e) None of these
a) Rs.15000
b) Rs.16000
c) Rs.20000
d) Rs.18000
e) None of these
a) Rs.15000
b) Rs.16000
c) Rs.20000
d) Rs.18000
e) None of these
Q.2) Find the difference between the simple interest and compound interest on Rs.16000 at the rate
of 10% per annum for 3 years is?
a) Rs.476
b) Rs.456
c) Rs.496
d) Rs.466
e) None of these
a) Rs.476
b) Rs.456
c) Rs.496
d) Rs.466
e) None of these
a) Rs.476
b) Rs.456
c) Rs.496
d) Rs.466
e) None of these
Q.3) Rs.5000 invested at (SI) at the rate of 20% per annum for 1.5 years and Rs.6400 is invested at
(CI - Annually) for 12.5% per annum for 2 years then find the difference between CI and SI?
a) Rs.150
b) Rs.180
c) Rs.100
d) Rs.250
e) None of these
a) Rs.150
b) Rs.180
c) Rs.100
d) Rs.250
e) None of these
a) Rs.150
b) Rs.180
c) Rs.100
d) Rs.250
e) None of these
PROBLEMS BASED ON FINDING SI FROM CI
Q.1) The Compound interest (Annually) earned on certain amount at the rate of 12% per annum for
2 years is Rs.1908 then find the Simple interest earned on the same sum at 15% per annum for 2
years?
a) Rs.2150
b) Rs.2350
c) Rs.2450
d) Rs.2250
e) None of these
years?
a) Rs.2150
b) Rs.2350
c) Rs.2450
d) Rs.2250
e) None of these
years?
a) Rs.2150
b) Rs.2350
c) Rs.2450
d) Rs.2250
e) None of these
PROBLEMS BASED ON “n” TIMES ITSELF
Q.1) A sum of money becomes 6 times of itself in 5 years at compound interest compounded
Annually then in how many years will the same sum will become 216 times of itself?
a) 12 years
b) 30 years
c) 15 years
d) 18 years
e) None of these
a) 12 years
b) 30 years
c) 15 years
d) 18 years
e) None of these
a) 12 years
b) 30 years
c) 15 years
d) 18 years
e) None of these
PROBLEMS BASED ON AMOUNT AFTER N AND (N + 1) YEARS
Q.1) A sum of money becomes Rs.9680 at certain Rate of interest for 2 years and the same sum
becomes Rs.10648 at the same Rate of interest for 3 years then find the Rate of Interest per annum?
a) 12% per annum
b) 15% per annum
c) 8% per annum
d) 10% per annum
e) None of these
a) 12% per annum
b) 15% per annum
c) 8% per annum
d) 10% per annum
e) None of these
a) 12% per annum
b) 15% per annum
c) 8% per annum
d) 10% per annum
e) None of these
becomes Rs.10648 at the same Rate of interest for 3 years then find the Principle Invested?
a) Rs.7500
b) Rs.9000
c) Rs.8000
d) Rs.7000
e) None of these
a) Rs.7500
b) Rs.9000
c) Rs.8000
d) Rs.7000
e) None of these
a) Rs.7500
b) Rs.9000
c) Rs.8000
d) Rs.7000
e) None of these
becomes Rs.31492.8 at the same Rate of interest for 3 years then find the Rate of Interest per
annum?
a) 12% per annum
b) 15% per annum
c) 8% per annum
d) 10% per annum
e) None of these
annum?
a) 12% per annum
b) 15% per annum
c) 8% per annum
d) 10% per annum
e) None of these
annum?
a) 12% per annum
b) 15% per annum
c) 8% per annum
d) 10% per annum
e) None of these
PROBLEMS BASED ON AMOUNT AFTER ‘x’ AND ‘y’ YEARS
Q.1) A sum of money becomes Rs.36000 at certain rate of interest for 2 years and the same sum
becomes Rs.51840 at the same rate of interest after 4 years then find the Rate of interest (PA)?
a) 10% per annum
b) 12% per annum
c) 15% per annum
d) 18% per annum
e) None of these
a) 10% per annum
b) 12% per annum
c) 15% per annum
d) 18% per annum
e) None of these
a) 10% per annum
b) 12% per annum
c) 15% per annum
d) 18% per annum
e) None of these
becomes Rs.51840 at the same rate of interest after 4 years then find the principle invested
a) Rs.20000
b) Rs.22000
c) Rs.24000
d) Rs.25000
e) None of these
a) Rs.20000
b) Rs.22000
c) Rs.24000
d) Rs.25000
e) None of these
a) Rs.20000
b) Rs.22000
c) Rs.24000
d) Rs.25000
e) None of these
PROBLEMS BASED ON RATIO
Q.1) The Simple interest and compound interest earned on the same sum for 2 years is in the ratio of
3:8 respectively then find the rate of interest per annum?
a) 222.22% per annum
b) 333.33% per annum
c) 22.22% per annum
d) 33.33% per annum
e) None of these
c) 22.22% per annum
d) 33.33% per annum
e) None of these
c) 22.22% per annum
d) 33.33% per annum
e) None of these
Q.1) The ratio of difference of compound interest and simple interest for 3 years and 2 years is 19 : 6.
What is the rate of the interest?
(a) 16( 2/3)%
(b) 9 (1/11)%
(c) 10%
(d) 11 (1/9)%
Q.1) The ratio of difference of compound interest and simple interest for 3 years and 2 years is 19 : 6.
What is the rate of the interest?
(a) 16( 2/3)%
(b) 9 (1/11)%
(c) 10%
(d) 11 (1/9)%
Q.6) The interests obtained by investing a sum at compound interest of 25% p.a. for two years is Rs.
375 less than the same amount invested at simple interest of 20% p.a. for three years. Find the total
sum invested in both types of interest.
A -Rs. 20000
B -Rs. 30000
C -Rs. 24000
D -Rs. 25000
E -None of these
Q.6) The interests obtained by investing a sum at compound interest of 25% p.a. for two years is Rs.
375 less than the same amount invested at simple interest of 20% p.a. for three years. Find the total
sum invested in both types of interest.
A -Rs. 20000
B -Rs. 30000
C -Rs. 24000
D -Rs. 25000
E -None of these
Q.9) The simple interest earned on a sum of Rs. x for 2 years at 12% p.a. is Rs. 3000. What will be the
compound interest earned if Rs. x is lent for 2 years at 10% compounded annually?
A -Rs. 2750
B -Rs. 2500
C -Rs. 2625
D -Rs. 2430
E -None of these
Q.9) The simple interest earned on a sum of Rs. x for 2 years at 12% p.a. is Rs. 3000. What will be the
compound interest earned if Rs. x is lent for 2 years at 10% compounded annually?
A -Rs. 2750
B -Rs. 2500
C -Rs. 2625
D -Rs. 2430
E -None of these
Q.13) The simple interest on Rs. ‘x’ at 15% p.a. for 2 years is 450 more than the simple interest on Rs.
(x + 1000) at 10% p.a. for 2.5 years. Find the compound interest on Rs. x at 10% for 2 years.
A -Rs. 2650
B -Rs. 3260
C -Rs. 2940
D -Rs. 2520
E -None of these
Q.13) The simple interest on Rs. ‘x’ at 15% p.a. for 2 years is 450 more than the simple interest on Rs.
(x + 1000) at 10% p.a. for 2.5 years. Find the compound interest on Rs. x at 10% for 2 years.
A -Rs. 2650
B -Rs. 3260
C -Rs. 2940
D -Rs. 2520
E -None of these
Q.15) Rs. 4200 when invested at x% p.a. simple interest for 4 years amounts to Rs. 6720. Find the
interest received when Rs. 800 more than the previous sum is invested at x% p.a. compound interest,
compounded annually for 2 years.
A -Rs. 1612.50
B -Rs. 1520.75
C -Rs. 1874.40
D -Rs. 1416.80
E -Rs. 1968.25
Q.15) Rs. 4200 when invested at x% p.a. simple interest for 4 years amounts to Rs. 6720. Find the
interest received when Rs. 800 more than the previous sum is invested at x% p.a. compound interest,
compounded annually for 2 years.
A -Rs. 1612.50
B -Rs. 1520.75
C -Rs. 1874.40
D -Rs. 1416.80
E -Rs. 1968.25
Q.16) Find the time in which Rs. 8000 invested at a rate of 10% per annum compounded half yearly
will give an interest of Rs. 1261.
A -3 years
B -2 years
C -2.5 years
D -1.5 years
E -None of these
Q.16) Find the time in which Rs. 8000 invested at a rate of 10% per annum compounded half yearly
will give an interest of Rs. 1261.
A -3 years
B -2 years
C -2.5 years
D -1.5 years
E -None of these
Q.17) A person borrows Rs. 8000 for 2.5 years at 8% p.a. on simple interest. He immediately lends it
to another person at 10% p.a. for 2.5 years on simple interest. Find the amount he gains in the whole
transaction.
A -Rs. 375
B -Rs. 320
C -Rs. 525
D -Rs. 400
E -Rs. 450
Q.17) A person borrows Rs. 8000 for 2.5 years at 8% p.a. on simple interest. He immediately lends it
to another person at 10% p.a. for 2.5 years on simple interest. Find the amount he gains in the whole
transaction.
A -Rs. 375
B -Rs. 320
C -Rs. 525
D -Rs. 400
E -Rs. 450
Q.18) The compound interest obtained at the end of 2nd year is Rs. 9660. Find the principal amount,
if the rate of compound interest is 10% per annum.
A -Rs. 46000
B -Rs. 48000
C -Rs. 38000
D -Rs. 42000
E -None of these
Q.18) The compound interest obtained at the end of 2nd year is Rs. 9660. Find the principal amount,
if the rate of compound interest is 10% per annum.
A -Rs. 46000
B -Rs. 48000
C -Rs. 38000
D -Rs. 42000
E -None of these
Q.19) A person borrowed Rs. 15000 for two years. If the interest rate for 1st year is 8% compounded
annually and for the 2nd year is 10% compounded annually, find the total compound interest paid by
him.
A -Rs. 2820
B -Rs. 2560
C -Rs. 2430
D -Rs. 2710
E -None of these

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