Compound Interest Practice Sheet

Compound Interest - Practice Sheet
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10%
CI SI
Find the compound interest on Rs
64,000 for 1 year at the rate of 10% per
annum compounded quarterly (to the
The difference between CI and SI on a nearest integer).
certain sum of money at 10% per annum (a) Rs 8215 (b) Rs 8205
for 3 years is ₹ 620. Find the principal if it (c) Rs 8185 (d) Can't be determined
is known that the interest is compounded (e) None of these
annually.
(a) ₹ 2,00,000 (b) ₹ 20,000
(c) ₹ 10,000 (d) ₹ 1,00,000
%
%
Suresh invested a sum of Rs 15000 at 9
per cent per annum simple interest ant
If the simple interest is 10.5% annual and Rs 12000 at 8 per cent per annum
compound interest is 10% annual, find compound interest for a period of 2
the difference between the interests years. What amount of interest did
after 3 years on a sum of Rs 1000. Suresh earn in 2 years?
(a) Rs 15 (b) Rs 12 (a) Rs 4096.60 (b) Rs 4696.80
(c) Rs 16 (d) Rs 11 (c) Rs 4896.60 (d) Rs 4698.60
(e) None of these (e) None of these
The simple interest accrued on an

amount of Rs 40,000 at the end of three
% years is Rs 12,000. What would be the
compound interest accrued on the same
amount at the same rate in the same
A sum of Rs 1000 after 3 years at period?
compound interest becomes a certain (a) Rs 18,765 (b) Rs 15,350
amount that is equal to the amount that (c) Rs 21,555 (d) Rs 13,240
is the result of a 3 years, depreciation (e) None of these
from Rs 1728. Find the difference
between the rates of CI and depreciation.
(Given CI is 10% p.a. approximately)
(a) 3.33% (b) 0.66%
(c) 3% (d) 1.6%
(e) None of these
What will be the compound interest
% accrued on an amount of Rs 10,000 at
the rate of 20 p.c.p.a. in two years if the
interest is compounded half yearly?

(a) Rs 4400 (b) Rs 4600 The simple interest accrued on a sum of
(c) Rs 4641 (d) Rs 4680 certain principal is Rs 2000 in five years
(e) None of these at the rate of 4 p.c.p.a. what would be the
compound interest accrued on same
principal at the same rate in two years?
(a) Rs 716 (b) Rs 724
(c) Rs 804 (d) Rs 816
(e) None of these
What would be the compound interest
accrued on an amount of Rs 7400 at the
rate of 13.5 p.c.p.a at the end of two
years? (Rounded off to two digits after
decimal)
(a) Rs 2136.87 (b) Rs 2306.81 The simple interest accrued on an
(c) Rs 2032.18 (d) Rs 2132.87 amount of Rs 22,500 at the end of four
(e) None of these years is Rs 10,800. What would be the
compound interest accrued on the same
amount at the same rate at the end of two
years?
(a) Rs 14908 (b) Rs 5724
(c) Rs 26234 (d) Rs 8568
(e) None of these
Sonika invested an amount of RS 5800
for 2 years. At what rate of compound
interest will she get C.I. of Rs 594.5 at the
end of two years?
(a) 5 p.c.p.a. (b) 4 p.c.p.a.
(c) 6 p.c.p.a. (d) 8 p.c.p.a. What would be the compound interest
(e) None of these obtained on an amount of Rs 7790 at the
rate of 10 p.c.p.a. after two years?
(a) Rs 1532.60 (b) Rs 1495.90
(c) Rs 1653.50 (d) Rs 1635.90
(e) None of these
What will be the approximate difference
%
in the simple and compound interests
accrued on an amount of Rs 2600 at the
rate of 15 p.c.p.a. at the end of three
years? The difference between the compound
(a) Rs 167 (b) Rs 194 interest and the simple interest for a
(c) Rs 202 (d) Rs 172 period of 2 years at the rate of 10% per
(e) Rs 184 annum is Rs 50. Find the principal.
(a) Rs 4000 (b) Rs 5000
(c) Rs 5500 (d) Rs 4500
(e) None of these

The difference between simple and yearly, amount to Rs. 7803 at the end of
compound interest on a sum of money one year. The sum is:
at 4% per annum for 2 years is Rs. 8. The (a) Rs. 7000 (b) Rs. 7200
sum is (c) Rs. 7500 (d) Rs. 7700
(a) Rs. 400 (b) Rs. 800
(c) Rs. 4000 (d) Rs. 5000 %
5% The simple interest on a sum of money

5% at 4% per annum for 2 years is Rs. 80.
1% The compound interest on the same sum
for the same period is:
(a) Rs. 82.60 (b) Rs. 82.20
(c) Rs. 81.80 (d) Rs. 81.60
According to the 2011 census, the

population growth rate of Lucknow is
going to be an increasing AP with first A sum of Rs. 12000, deposited at
year’s rate as 5% and common difference compound interest becomes double
as 5%, but simultaneously the migration, after 5 years. How much will it be after 20
rate is an increasing GP with first term as years?
1% and common ratio of 2. If the (a) Rs. 1,44,000 (b) Rs, 1,20,000
population on 31 December 2010 is 1 (c) Rs. 1,50,000 (d) Rs. 1,92,000
million, then find in which year will
Lucknow witness its first fall in
population ?
(a) 2015 (b) 2016
(c) 2017 (d) 2018 An amount of money at compound
interest grows up to Rs. 3840 in 4 years
% and up to Rs. 3936 in 5 years. Find the
rate of interest.
(a) 2.5% (b) 2%
If the difference between the compound (c) 3.5% (d) 2.05 %
and simple interest on a certain sum of
money for 3 years at 5% per annum is %
Rs. 15.25, then the sum is:
(a) Rs. 2,000 (b) Rs. 1,000
(c) Rs. 1,500 (d) Rs 2,500
Sita deposited Rs. 5000 at 10% simple

% interest for 2 years. How much more
money will sita have in her account at
the end of two years. If it is compounded
A certain sum, invested at 4% per annum semiannually.
compound interest, compounded half
(a) Rs. 50 (b) Rs. 40 %
(c) Rs. 77.50 (d) Rs. 85.50
%
The compound interest on 12000 for 9
months at 20% per annum, interest
being compounded quarterly is:
If the compound interest on a certain (a) Rs 1891.50 (b) Rs 2089.70
sum for two years at 12% per annum is (c) Rs 2136 (d) Rs 1750
Rs. 2,544, the simple interest on it at the
same rate for 2 years will be:
(a) Rs. 2400 (b) Rs. 2500
(c) Rs. 2480 (d) Rs. 2440
At what rate percent of compound
interest on Rs 10,000 amounts to Rs
% 13,310 in 3 years is:
(a) 13% (b) 11%
(c) 10% (d) 12%
The compound interest on a certain sum %

of money for 2 years at 5% per annum is
Rs. 410. The simple interest on the same
sum at the same rate and for the same
time is The compound interest on a sum of Rs.
(a) Rs. 400 (b) Rs. 300 5000 at 8% per annum for 9 months when
(c) Rs. 350 (d) Rs. 405 interest is compounded quarterly is:
(a) Rs. 300 (b) Rs. 300.12
𝟏
𝟐
% (c) Rs. 306.04 (d) Rs. 308
If the compound interest on a sum for 2

years at 12 ½ % p.a. is Rs. 510, the The difference between CI and SI for 3
simple interest on the same sum on the years is 992. If rate of interest is 10%.
same rate for the same period of time is Find the Principal?
(a) Rs. 400 (b) Rs. 450 (a) 22000 (b) 30000
(c) Rs. 460 (d) Rs. 480 (c) 28000 (d) 32000
𝟏
𝟐
A sum of Rs. 2000 amounts to Rs. 4000

in two years at compound interest. In
Find the rate percent per annum if Rs how many years does the same amount
2000 amounts to Rs 2315.25 in one and becomes Rs. 8000.
half years interest being compounded (a) 2 (b) 4
half yearly. (c) 6 (d) 8
(a) 10% (b) 11.5%
(c) 5% (d) 20%
% %
The sum for 2 years gives a compound What is the difference (in Rs) between
interest of Rs 3225 at 15% rate. Then the compound interests on Rs. 4000 for
sum is 1 year at 12% per annum compounded
(a) 10000 (b) 20000 yearly and half-yearly?
(c) 15000 (d) 32250 (a) 14.4 (b) 12.4
(c) 10.4 (d) 16.4
%
%
The compound interest on Rs 4000 for 4
years at 10% per annum will be
(a) Rs 1856.40 (b) Rs 1600
(c) Rs 1856 (d) Rs 1756.60 The compound interest earned in two
years at 15% per annum is Rs 20640.
% What is the sum invested (in Rs)?
(a) 64000 (b) 60000
(c) 56000 (d) 52000
What is the compound interest (in Rs)
for 1 year on a sum of Rs. 20000 at the
rate of 40% per annum compounding %
half yearly?
(a) 8000 (b) 8650
(c) 8750 (d) 8800 If in 3 years at simple interest the
% principal increases by 18%, what will be
the compound interest (in Rs) earned on
Rs. 25,000 in 3 years at the same rate?
(a) 4775.4 (b) 5774.4
The Compound interest earned in two (c) 4557.4 (d) 5575.4
years at 12% per annum Rs 10176. What
is the sum (in Rs) invested?
(a) 50000 (b) 60000
(c) 40000 (d) 80000
If the amount received at the end of 2nd

% and 3rd year at compound interest on a
certain principal is Rs 1800, and Rs 1926
respectively, what is the rate of interest?
(a) 7.5% (b) 7%
The difference between the compound (c) 6 % (d) 6.5%
interest compound half yearly for 1 year
and the simple interest for 1 year on a
%
certain sum of money lent out at 8% per
annum is Rs. 64. What is the sum (in
Rs.)?
(a) 40000 (b) 42000
(c) 44000 (d) 44800
The amount received at 10% per annum
compound interest after 3 years is Rs.
5324. What was the principal (in Rs.)?
(a) 4100 (b) 4200
(c) 4000 (d) 4300
What is the difference (in Rs) between
compound interest and simple interest
for 3 years on a principal of Rs 1000 at
the rate of 20% per annum?
(a) 64 (b) 120
% (c) 128 (d) 136
The simple and compound interest that
can be earned in two years at the same
rate is Rs 1000 and Rs 1040 respectively.
What is the rate (percent per annum) of
interest? What will be the amount on Rs 25000 at
(a) 10 (b) 9 the rate of 20% per annum compounded
(c) 8 (d) 12 yearly for 4 years?
(a) 51840 (b) 50350
% (c) 53550 (d) 48750
What is the difference (in Rs.) between

the compound interest on Rs. 1000 for 1 If a certain sum becomes 4 times in 4
year at 10% per annum compounded years at compound interest, then in how
yearly and half-yearly? many years, it will become 64 times?
(a) 1.5 (b) 0.5 (a) 5 (b) 12
(c) 2.5 (d) 3.5 (c) 16 (d) 24
If a certain sum becomes 2 times in 7

years at compound interest, then in how
If interest being compound half yearly
many years, it will become 8 times?
then what sum (In Rs) will amount to Rs
(a) 14 (b) 21
38416 in 2 years at the rate of 80% per
(c) 28 (d) 35
annum at compound interest?
(a) 14000 (b) 15000
(c) 10000 (d) 12000
If a certain sum becomes 3 times in 6

years at compound interest, then in how
many years, it will become 81 times?
(a) 81 (b) 162
(c) 28 (d) 24

Rajeev invested Rs. 4500 for 2 years at
compound interest in a company which
paid him interest of Rs. 1980. What will
be the rate of interest (in percent) at At what rate of compound interest per
which Rajjev invested him money? annum will a sum of Rs 50000 become
(a) 10 (b) 15 Rs 73205 in 2 years?
(c) 20 (d) 18 (a) 21% (b) 19%
(c) 17% (d) 15%
% %
There is 75% increase in amount in 5

years at simple interest what will be the The difference between simple and
compound interest of Rs 40000 after 2 compound interest compounded
years at the same rare? annually on a certain sum of money for
(a) Rs 25800 (b) Rs 32250 2 years at 12% per annum is Rs. 72. What
(c) Rs 12900 (d) Rs 19350 is the value of given sum (in Rs)?
(a) 1000 (b) 20000
% (c) 5000 (d) 15000
The difference between simple and

compound interest compounded If the amount received at the end of 2nd
annually an a certain sum of money for 2 and 3rd year at compound interest on a
years at 12% per annum is Rs 900. What
certain Principal is Rs. 30250 and Rs.
is the value of given sum (in Rs)?
33275 respectively, what is the rate of
(a) 125000 (b) 250000
interest?
(c) 62500 (d) 187500
(a) 10% (b) 5%
(c) 20% (d) 16%
%
%
The difference between simple and

compound interests compounded
A bank offers 20% compound interest
annually an a certain sum of money for 2
per half year. A customer deposits Rs
years at 16% per annum is Rs 320. What
7600 each on 1st January and 1st July of
is the value of given sum (in Rs)?
a year. At the end of the year, the amount
(a) 25000 (b) 50000
he would have gained from interest is
(c) 37500 (d) 12500
(a) Rs 9727 (b) Rs 2432
(c) Rs 4864 (d) Rs 1216

time for which interest is calculated is the
% same, then find the relation between 𝒙, y
and z.
(a) xyz = 1 (b) x2 = yz
2
(c) z = x y (d) y2 = xz
There is 40% increase in an amount in 8
years at simple interest. What will be the
compound interest (in rupees) of Rs
30000 after 2 years at the sum rate? ₹
(a) 6150 (b) 7687.5 8%
(c) 4612.5 (d) 3075 ₹
₹
A person bought a motorbike under the
7.5% following scheme : Down payment of ₹
15,000 and the rest amount at 8% per
annum for 2 years. In this way, he paid ₹
7% 28,920 in total. Find the actual price of the
motorbike. (Assume simple interest).
(a) ₹ 26,000 (b) ₹ 27,000
₹ (c) ₹ 27,200 (d) ₹ 26,500
6%
In order to buy a car, a man borrowed ₹ ₹
1,80,000 on the condition that he had to 5%
pay 7.5% interest every year. He also
agreed to repay the principal in equal
annual instalments over 21 years. After a
certain number of years, however, the
rate of interest has been reduced to 7%. It
is also known that at the end of the Some amount was lent at 6% per annum
agreed period, he will have paid in all ₹ simple interest. After one year, ₹ 6,800 is
2,70,900 in interest. For how many years repaid and the rest of the amount is
does he pay at the reduced interest rate ? repaid at 5% per annum. If the second
(a) 7 years (b) 12 years year’s interest is half of the first year’s
(c) 14 years (d) 16 years interest, find what amount of money was
lent out.
𝒙, y z y, 𝒙 (a) ₹ 17,000 (b) ₹ 16,800
z, y (c) ₹ 16,500 (d) ₹ 17,500
A B 1:2
A
𝒙, y
z 𝟐
%
Three amounts 𝒙, y and z are such that y 𝟕
is the simple interest on 𝒙 and z is the B
simple interest on y. If in all the three 20%
cases, rate of interest per annum and the
A money from the bank by closing the
account. What is the total change in his
asset ?
(a) - 4.5% (b) + 3.5%
A sum is divided between A and B in the (c) - 4.32% (d) + 5.5%
ratio of 1 : 2, A purchased a car from his
𝟐
part, which depreciates 14 𝟕% per annum %
and B deposited his amount in a bank,
which pays him 20% interest per annum
compounded annually. By what
percentage will the total sum of money
The compound interest on a certain sum
increase after two years due to this
of money invested for 2 years at 5% per
investment pattern (approximately) ?
annum is Rs. 328. The simple interest on
(a) 20% (b) 26.66%
the sum, at the same rate and for the
(c) 30% (d) 25%
same period will be
(a) Rs. 300 (b) Rs. 320
(c) Rs. 350 (d) Rs. 330
If the amount received at the end of 2nd

and 3rd year at compound interest on a A sum of money becomes Rs. 3600 in 2
certain principal is Rs 32448 and Rs years and Rs. 5184 in 4 years on
33745.92 respectively, what is the rate of compound interest. Find the rate of
interest? compound interest.
(a) 2% (b) 8% (a) 25% (b) 24 %
(c) 6% (d) 4% (c) 20% (d) 23%
₹
₹ ₹ ₹
An amount of money appreciates to Rs.

7000 after 4 years and to Rs. 10000 after
@ 15%
8 years at a certain compound interest
80% compounded annually. The initial amount
for money was:
(a) Rs. 4800 (b) Rs. 4700
(c) Rs. 4600 (d) Rs. 4900
%
Michael Botton has ₹ 90,000 with him. He
purchases a car, a laptop and a flat for ₹
The sum of money that yields a
15,000, ₹ 13,000 and ₹ 35,000 respectively
compound interest of Rs. 420 during the
and puts the remaining money in a bank
second year at 5% per annum is
deposit that pays compound interest @
(a) Rs. 7000 (b) Rs. 6000
15% per annum. After 2 years, he sells off
(c) Rs. 8000 (d) Rs. 9000
the three items at 80% of their original
price and also withdraws his entire
% %
%
%
Simple interest on a certain sum of

money for 3 years at 16% per annum is A moneylender borrows money at 4% per
half the compound interest on Rs. 12000 annum and pays the interest at the end of
for 2 years at 10% per annum. The sum the year. He lends it at 6% per annum
placed on simple interest is: compound interest compounded half
(a) Rs. 5250 (b) Rs. 1325 yearly and receives the interest at the end
(c) Rs. 2100 (d) Rs. 2625 of the year. In this way he gains Rs.
104.50 a year. The amount of money he
% borrows, Is
(a) Rs. 6000 (b) Rs. 7000
(c) Rs. 4000 (d) Rs. 5000
The difference between simple and A B

compound interest compounded A
annually on a certain sum of money for B
2 years at 18% per annum is Rs. 81. The % A
sum is………..
(a) Rs 2500 (b) Rs 5000 Divide Rs. 1301 between A and B, so that
(c) Rs 10000 (d) Rs 7500 the amount of A after 7 years is equal to
the amount of B after 9 years, the interest
being compounded at 4% per annum.
Find the part A.
(a) Rs. 676 (b) Rs. 767
One certain Principal if the simple (c) Rs. 666 (d) Rs. 677
interest for two years is Rs 2400 and
Compound interest for the two years is %
Rs 2544, what is the rate of Interest? %
(a) 12% (b) 6%
(c) 24% (d) 18%
Simple interest on a certain sum of

money for 3 years at 14%per annum is
half the compound interest on Rs, 10000
On a certain Principal if the simple for 2 years at 10% per annum the sum
interest for two years in 4800 and placed on simple interest is:
compound interest for the two years is (a) Rs 5000 (b) Rs 1250
5088, what is the rate of interest? (c) Rs 2000 (d) Rs 2500
(a) 6% (b) 24%
(c) 12% (d) 18%

On a certain principal if the Simple If compound interest received on a
interest for two years is Rs 3000 and certain amount in the 3rd year is Rs.
Compound interest for the two years is 12100, what will be the compound
Rs 3225, what is the rate of interest? interest (in Rs) for the 4th year on the
(a) 7.5% (b) 30% same amount if rate of interest is 9%?
(c) 15% (d) 22.5% (a) 17080 (b) 15669
(c) 13189 (d) 14376
%
%
If the amount on a certain principal in 3 In how many years will Rs 25000 yield Rs
years at 12% rate of interest 8275 as compound interest at 10% per
compounded annually is Rs. 12000 what annum compounded annually?
will be the amount (in Rs.) after the 4th (a) 2 (b) 4
year? (c) 3 (d) 5
(a) 16500 (b) 14250
(c) 13440 (d) 15260
%
A sum of money invested at compound
interest amount in 3 years to Rs 2400 &
in 4 years to Rs2520. The interest rate
per annum is.
If in 3 years at simple interest the (a) 5% (b) 6%
principal increases by 15% what will be (c) 10% (d) 12%
the approximate compound interest
earned (in Rs lakhs) on Rs 15 lakhs in 3
years at the same rate?
(a) 7.81 (b) 2.87 At what rate percent compound interest
(c) 2.36 (d) 3.38 does a sum of money become nine times
in 2 years?
% (a) 200% (b) 300%
(c) 225% (d) 250%
What is the difference (in Rs) in

At what rate percentage (compound
compound interest earned in 1 year on a
interest) will a sum of money become
sum of 10000 at 40% per annum
eight times in three years.
compounded quarterly and annually?
(a) 200% (b) 100 %
(a) 461 (b) 346
(c) 150% (d) 250%
(c) 463 (d) 641
At what rate per cent compounded

yearly will be Rs. 80,000 amount to Rs.
88,200 in 2 years?
%
(a) 2% (b) 3% 𝟏
allowing 8 % compound interest. The
(c) 5% (d) 4% 𝟑
sum borrowed was:
(a) Rs. 500 (b) Rs. 600
(c) Rs. 550 (d) Rs. 450
𝟏
%
𝟑
The compound interest on a certain sum
for 2 yrs is Rs 40.80 and simple interest
is Rs. 40.00. Find the rate of interest per Compound Interest on a sum of money
annum and the sum. 𝟏
is Rs. 350 in 4 years at 33 % per annum.
(a) Rs. 520 (b) Rs. 400 𝟑
(c) Rs. 500 (d) Rs. 550 Find that sum.
(a) Rs. 163 (b) Rs. 164
(c) Rs. 162 (d) Rs. 165
%
A certain sum is invested for 3 years at
15% rate of interest. If the difference Rs. 16224 is to be paid in two years. Find
between compound interest and simple each instalment if rate of interest is 4%
interest is Rs. 1701, find the principal (a) Rs. 8650.90 (b) Rs. 8705.90
(a) 25000 (b) 26000 (c) Rs. 8701.90 (d) Rs. 8601.90
(c) 24000 (d) 23000
% Find the compound interest on Rs. 4000

at 24% per annum for 3 months,
% %
compounded monthly.
(a) Rs. 244.832 (b) Rs. 244.823
Rs. 2500 was borrowed for 3 years. What (c) Rs. 243.830 (d) Rs. 245.382
will be the compound interest if the rate
of interest for first year is 3% per annum,
%
second year is 4% per annum and for
thired year is 5% per annum
respectively?
(a) Rs. 312.90 (b) Rs. 313.80
(c) Rs. 311.90 (d) Rs. 314.90 The difference between the simple
interest and the compound interest on
𝟏 Rs. 600 for 1 year at 10% per annum,
% reckoned half yearly is:
𝟑
(a) Rs. 1.25 (b) Rs. 2.50
(c) Rs. 1.75 (d) Rs. 1.50
A sum of money is borrowed back in two
annual instalments of Rs. 338 each A B
A
B
% %
B
Rs. 3757 is to be divided between A and
B such that A's share at the end of 7
years may be equal to B's share at the A man borrows Rs. 21000 at 10%
end of 9 years. If percent be 10% per compound interest. How much he has to
annum compound interest, B's share is pay equally at the end of each year, to
(a) Rs. 1700 (b) Rs. 1750 settle his loan in two years?
(c) Rs. 1600 (d) Rs. 1800 (a) Rs. 12100 (b) 12150
(c) Rs. 12200 (d) 12350
%
The compound interest on Rs. 20480 at

6.25% per annum for 2 years 73 days, is:
(a) Rs. 2939 (b) Rs. 2929
(c) Rs. 3929 (d) Rs. 2919
If a sum of money compounded annually

becomes 1.44 times of itself in 2 years,
then the rate of interest per annum is
(a) 25% (b) 20%
(c) 15% (d) 30%
% %
What does Rs. 250 amount to in 2 years
with compound interest at the rate of 4%
per annum in the first year and 8% per
annum in the second year?
(a) Rs. 285.80 (b) Rs. 280.80
(c) Rs. 280.50 (d) Rs. 281.80
In how many years will a sum of Rs.

800 at 10% per annum compounded
semi-annually becomes Rs. 926.10?
𝟐 𝟏
(a) 1 𝟑 Years (b) 2 𝟐 Years
𝟏 𝟏
(c) 3 𝟐 Years (d) 1 𝟐 years

1. (b) 2. (c) 3. (d) 4. (e) 5. (b)

6. (d) 7. (c) 8. (d) 9. (a) 10. (e)
11. (d) 12. (b) 13. (d) 14. (b) 15. (d)
16. (b) 17. (a) 18. (c) 19. (d) 20. (d)
21. (a) 22. (c) 23. (a) 24. (a) 25. (d)
26. (a) 27. (a) 28. (c) 29. (c) 30. (d)
31. (b) 32. (a) 33. (a) 34. (d) 35. (c)
36. (a) 37. (a) 38. (a) 39. (a) 40. (b)
41. (c) 42. (c) 43. (c) 44. (b) 45. (d)
46. (c) 47. (a) 48. (b) 49. (c) 50. (c)
51. (c) 52. (c) 53. (d) 54. (a) 55. (c)
56. (a) 57. (c) 58. (d) 59. (c) 60. (d)
61. (b) 62. (a) 63. (a) 64. (d) 65. (c)
66. (c) 67. (c) 68. (d) 69. (b) 70. (d)
71. (a) 72. (a) 73. (c) 74. (a) 75. (c)
76. (d) 77. (c) 78. (c) 79. (c) 80. (d)
81. (c) 82. (c) 83. (a) 84. (a) 85. (b)
86. (c) 87. (c) 88. (c) 89. (c) 90. (b)
91. (c) 92. (d) 93. (a) 94. (d) 95. (a)
96. (b) 97. (b) 98. (b) 99. (d) 100. (a)

𝟏𝟓𝟎𝟎𝟎 × 𝟗 × 𝟐
Solutions 5. SI =
𝟏𝟎𝟎
= 150 x 18 = 2700
CI = 12000
1. Go through trial and error of the options.
𝟖
You will get : (1) 12000 x = 960
𝟏𝟎𝟎
𝟖
20000  (1.3) = 26000 (@ simple interest) (2) 960 960 x 𝟏𝟎𝟎 = 𝟕𝟔. 𝟖
20000  1.1  1.1  1.1 = 26620 @ 960 + 960 + 76.8 = 1996.8
compound interest. Total = 2700 + 1996.8 = 4696.8
Thus 20000 is the correct answer.
𝑷×𝑹×𝑻
6. SI  𝟏𝟎𝟎
𝑷×𝑹×𝑻 𝟒𝟎𝟎𝟎𝟎 × 𝑹 × 𝟑
2. SI = 𝟏𝟎𝟎
12000 =
𝟏𝟎𝟎
𝟏𝟎𝟎𝟎 × 𝟏𝟎.𝟓 × 𝟑 𝟏𝟐𝟎
= 𝟏𝟏𝟎 ×𝟏𝟎
R= = 10%
𝟏𝟐
= 315 CI  P = 40000
𝟏𝟎 (1) 4000
CI = 1000 (𝟏 + 𝟏𝟎𝟎
) - 1000
𝟏𝟏 𝟏𝟏 𝟏𝟏 (2) 4000 400
= 1000 x 𝟏𝟎 x 𝟏𝟎 x 𝟏𝟎 - 1000
(3) 4000 400 400 40
= 1331 – 1000 = 331
= 12000 + 800 + 400 + 40
Diff. = 331 – 315 = 16 Rs.
= 13240
𝟏𝟎 𝟑 𝟏𝟏 𝟏𝟏 𝟏𝟏
3. 1000 (𝟏 + 𝟏𝟎𝟎
) = 1000 x 𝟏𝟎
x 𝟏𝟎
x 𝟏𝟎
= 1331 7. P = 10000 R = 20% yearly T = 2 years
𝑹 𝟑
Compound half-yearly
1728  (𝟏 − 𝟏𝟎𝟎
) = 1331 R=
𝟐𝟎%
= 10%
𝟐
𝑹 𝟑 𝟏𝟏 𝟑 𝒙 = 2 yrs x 2 = 4
(𝟏 − 𝟏𝟎𝟎
) = (𝟏𝟐)
10000
𝑹 𝟏𝟏
1- = 𝟏
𝟏𝟎𝟎 𝟏𝟐 10%  𝟏𝟎
𝑹 𝟏
R = 𝟏𝟐 x 100 = 8 𝟑% (1) 1000
𝟏 𝟓 (2) 1000 100
Diff. = 10 – 8 𝟑 = 𝟑 = 1.66%
(3) 1000 100 100 10
(4) 1000 100 100 10
4. P = 64000 R = 10% yearly
100 10 10 1
T = 1 year (quarterly calc. of interest)
𝟏𝟐 CI = 4000 + 600 + 40 + 1
n= 𝟑
=4
= 4641
𝟏𝟎
Rate = = 2.5%
𝟒
𝟐.𝟓 𝟒 8. P = 7400 Rate = 13.5% per year

64000 (𝟏 − 𝟏𝟎𝟎
)
T = 2 years
𝟏𝟎𝟐.𝟓 𝟏𝟎𝟐.𝟓 𝟏𝟎𝟐.𝟓 𝟏𝟎𝟐.𝟓
= 64000 x 𝟏𝟎𝟎
x 𝟏𝟎𝟎
x 𝟏𝟎𝟎
x 𝟏𝟎𝟎 P = 7400
= 70,044.25 CI
P = 7400 12. P = 22500 SI = 10,000
(1) 999 (13.5% of 7400) T = 4 year
(2) 999 134.865 (13.5% of 999) 𝟐𝟐𝟓𝟎𝟎 × 𝑹 × 𝟒
10800 = 𝟏𝟎𝟎
= 1998 + 134.865 𝟏𝟎𝟖𝟎𝟎
R = 𝟐𝟐𝟓 × 𝟒 = 12%
= 2132.87
P = 22500
9. P = 5800 CI = 594.5 CI (1) 2700
A = 594.5 + 5800
= 6394.5 (2) 2700 324
Rate = ? T = 2 years Total CI = 2700 + 2700 + 324 = 5724
𝑹 𝟒
P (𝟏 + 𝟏𝟎𝟎
) = A
13. P = 7790 Rate = 10% / year
𝑹 𝟒 𝑨 𝟔𝟑𝟗𝟒.𝟓
(𝟏 + ) = =
𝟏𝟎𝟎 𝑷 𝟓𝟖𝟎𝟎𝟎 CI = (1) 779
𝑹 𝟐 𝟐𝟏 𝟐
(𝟏 + 𝟏𝟎𝟎) = (𝟐𝟎) (2) 779 77.9
𝑹 𝟐𝟏 = 779 + 779 + 77.9

+1=
𝟏𝟎𝟎 𝟐𝟎 = 1635.9
𝑹 𝟐𝟏
= -1
𝟏𝟎𝟎 𝟐𝟎 14. Let Principle = 100
𝟏
R= 𝟐𝟎
x 100 = 5% Rate = 10% T = 2 year
𝟏𝟎𝟎 ×𝟏𝟎 × 𝟐
SI = = 20 Rs.
𝟏𝟎𝟎
𝟐𝟔𝟎𝟎 × 𝟏𝟓 × 𝟑
10. SI = 𝟏𝟎𝟎
= 1170 CI = P = 100
𝟏𝟓 (1) 10
CI = P = 2600 15%  𝟏𝟎𝟎
(2) 10 1
(1) 390
CI = 10 + 10 + 1 = 21
(2) 390 58.5
Diff. = CI – SI = 21 – 20 = 1
(3) 390 58.5 58.5 8.775
1 Rs.  50
Total CI = 1354.275
𝟓𝟎
Diff. = CI – SI = 1354.275 – 1170 100 Rs.  𝟏
x 100 = 5000
= 184.275
15. Let P = 100
𝑷×𝑹×𝑻 𝟏𝟎𝟎 × 𝟒 × 𝟐
11. = 2000 SI = 𝟏𝟎𝟎
=8
𝟏𝟎𝟎
P = ? R = 4% / per year T = 5 year CI  100

SI = 2000 (1) 4
𝑷×𝟒×𝟓 (2) 4 0.16 CI = 8.16
2000 =
𝟏𝟎𝟎
Diff. = 8.16 – 8 = 0.16
P = 10,000
𝟒
0.16  8
CI = (1) 10000 x 𝟏𝟎𝟎 = 400 𝟖
100  𝟎.𝟏𝟔 x 1000 = 5000
𝟒
(2) 400 400 x = 16
𝟏𝟎𝟎

16. Population growth rate according to the 19. R=4% T = 2 yr SI = 80
problem : 𝑷 ×𝟒 ×𝟐
𝟏𝟎𝟎
= 80
Year 1 = 5%, year 2 = 10%, year 3 = 15%
P = 1000
Year 4 = 20%, year 5 = 25%, year 6 = 30%
CI P=1000 R = 4%
Population decrease due to migration :
(1) 40
Year 1 = 1%, year 2 = 2%, year 3 = 4%
(2) 40 1.6
Year 4 = 8%, year 5 = 16%, year 6 = 32%.
= 80 + 1.6 = 81.6
Thus, the first fall would happen in 2016.
20. 12000 -- 5 years  24,000

𝟏 𝒏
17. P ((𝟏 + 𝟐
) − 𝟏) = CI 24000 -- 5 years  48,000
𝑷×𝑹×𝑻
= SI 48000 -- 5 years  96,000
𝟏𝟎𝟎
𝒏 96000 -- 5 years  1,92,000
𝑹 𝑷×𝑹×𝑻
P ((𝟏 + 𝟏𝟎𝟎) − 𝟏) - 𝟏𝟎𝟎
= 15.25 12000 -- 20 years 1,92,000
𝟓 𝟑 𝑷×𝟓×𝟑
P ((𝟏 + 𝟏𝟎𝟎) − 𝟏) - 𝟏𝟎𝟎
= 15.25
21. 4 years  3840
𝟐𝟏 𝟑 𝟑𝑷
P ((𝟐𝟎) − 𝟏) - 𝟏𝟎𝟎
= 15.25 1 year
𝟗𝟐𝟔𝟏−𝟖𝟎𝟎𝟎 𝟑𝑷 5 years  3936
P( 𝟖𝟎𝟎𝟎
) - 𝟐𝟎 = 15.25
𝑹 𝟏
𝟏𝟐𝟔𝟏𝑷 𝟑𝑷 3840 (𝟏 + 𝟏𝟎𝟎
) = 3936
𝟖𝟎𝟎𝟎
- 𝟐𝟎
= 15.25
𝑹 𝟑𝟗𝟑𝟔
𝟏𝟐𝟔𝟏−𝟏𝟐𝟎𝟎𝑷
𝟏𝟎𝟎
= 𝟑𝟖𝟒𝟎 - 1
𝟖𝟎𝟎𝟎
= 15.25
𝑹 𝟑𝟗𝟑𝟔−𝟑𝟖𝟒𝟎 𝟗𝟔
61P = 15.25 x 8000 𝟏𝟎𝟎
= 𝟑𝟖𝟒𝟎
= 𝟑𝟖𝟒𝟎
𝟏𝟓.𝟐𝟓 × 𝟖𝟎𝟎𝟎 𝟗𝟔
P = 25 x 80 R = 𝟑𝟖𝟒𝟎 x 100 = 2.5%
𝟔𝟏 × 𝟏𝟎𝟎
P = 2000
18. P = ? A = 7803 R = 4% yearly 𝟓𝟎𝟎𝟎 × 𝟏𝟎 ×𝟐

22. SI = = 1000
𝟏𝟎𝟎
T = 1 year compounding half yearly P = 1000 CI half yearly rate = 5%

CI (1) 250
𝟐 𝟐
P ((𝟏 + 𝟏𝟎𝟎
) ) = 7803
(2) 250 12.5
𝟏𝟎𝟐 𝟏𝟎𝟐 (3) 250 12.5 12.5 0.625
P x 𝟏𝟎𝟎 x 𝟏𝟎𝟎 = 7803
𝟕𝟖𝟎𝟑 (4) 250 12.5 12.5 0.625
P = 𝟏𝟎𝟐 × 𝟏𝟎𝟐 x 100 x 100
12.5 0.625 0.625 0.3125
= 3 x 25 x 100
CI = 1000 + 77.5 = 1077.5
= 7500
Diff. = I – SI = 1077.5 – 1000 = 77.5

𝟑 27. P=12000 R=20% yearly T=9 months
23. P = ? CI = 2544 R = 12%  𝟐𝟓
Calc. of quarterly interest
T = 2 years
𝟐𝟎%
Let CP  625 𝒙 = 3 Rate = 𝟒
quarterly
CI (1) 75 𝟐𝟎 𝟑
= 12000 ((𝟏 + 𝟒
𝟏𝟎𝟎
) − 𝟏)
(2) 75 9
𝟔𝟐𝟓 × 𝟏𝟐 × 𝟐
SI = = 150 𝟐𝟏 𝟑
𝟏𝟎𝟎 = 12000 ((𝟐𝟎) − 𝟏)
CI = 159  2544
𝟗𝟐𝟔𝟏
𝟐𝟓𝟒𝟒 = 12000 (𝟖𝟎𝟎𝟎 − 𝟏)
SI = 150  𝟏𝟓𝟗
x 150
𝟏𝟐𝟔𝟏
= 12000 x 𝟖𝟎𝟎𝟎 = 1891.5
= 16 x 150 = 2400
𝟓 𝟐 𝑹 𝟑
24. P ((𝟏 + 𝟏𝟎𝟎) − 𝟏) = 410 28. 10000 (𝟏 + ) = 13310
𝟏𝟎𝟎
𝑹 𝟑 𝟏𝟑𝟑𝟏
𝟒𝟒𝟏
P (𝟒𝟎𝟎 − 𝟏) = 410 (𝟏 + 𝟏𝟎𝟎) = 𝟏𝟎𝟎𝟎
𝟒𝟏𝟎 𝑹 𝟑 𝟏𝟏 𝟑
P=
𝟒𝟏
x 400 = 4000 (𝟏 + ) =( )
𝟏𝟎𝟎 𝟏𝟎
𝟒𝟎𝟎𝟎 × 𝟓 × 𝟐 𝑹 𝟏𝟏
SI = 𝟏𝟎𝟎
= 400 1+ =
𝟏𝟎𝟎 𝟏𝟎
𝟏 𝑹 𝟏
25. Rate = 12 ½%  𝟏𝟎𝟎
= 𝟏𝟎
𝟖
Let P = 64 R = 10%
𝟏
𝟔𝟒 × 𝟏𝟐 × 𝟐
𝟐
SI = 𝟏𝟎𝟎
= 16 𝟖
29. P= 5000 R=8% yearly 𝟒
=2% quarterly
CI = (1) 8
(2) 8 1 CI (1) 100
CI = 17  510 (2) 100 2
𝟓𝟏𝟎
16  𝟏𝟕
x 16 = 480 (3) 100 2 2 0.04
Total CI = 306.04
26. 𝒙=3 P = 2000 A = 2315.25

𝑹 𝟑 30. Let P = 1000
2000 (𝟏 + 𝟏𝟎𝟎) = 2315.25
Rate = 10%
𝑹 𝟑 𝟐𝟑𝟏𝟓.𝟐𝟓
(𝟏 + 𝟏𝟎𝟎
) = 𝟐𝟎𝟎𝟎 × 𝟏𝟎𝟎
T = 3 yr.
𝑹 𝟑 𝟐𝟏 𝟑
CI
(𝟏 + 𝟏𝟎𝟎) = (𝟐𝟎)
(1) 100
𝑹 𝟏
= (2) 100 10
𝟏𝟎𝟎 𝟐𝟎
R = 5% 100 10 10 1
= 331
𝟏𝟎𝟎𝟎 × 𝟏𝟏𝟎 ×𝟑
SI = 𝟏𝟎𝟎
= 300

Diff. 331 – 300 = 31 (2) 75 9
31  992 159  10176
𝟗𝟗𝟐 𝟏𝟎𝟏𝟕𝟔
1000  𝟑𝟏
x 1000 625  𝟏𝟓𝟗
= 625
= 32000 = 40000
31. 2000 -- 2 years 4000 𝟒 𝟐 𝑷×𝟖×𝟏

36. P ((𝟏 + 𝟏𝟎𝟎) − 𝟏) - 𝟏𝟎𝟎
= 64
4000 -- 2 years  8000
𝟔𝟕𝟔 𝟐𝑷
2000 -- 4 years  8000 P (𝟔𝟐𝟓 − 𝟏) - 𝟐𝟓 = 64
𝟓𝟏 𝟐𝑷
P 𝟔𝟐𝟓
– 𝟐𝟓
= 64
32. Let CP = 400 R = 15% T = 2 years 𝟓𝟏𝑷−𝟓𝟎𝑷
𝟔𝟐𝟓
= 64
CI (1) 60
(2) 60 9 P = 64 x 625 = 40,000
129  3225
𝟑𝟐𝟐𝟓 37. 4000
400  𝟏𝟐𝟗
x 400
CI = 1 year yearly
= 25 x 400 = 10000 𝟏𝟐
(1) 4000 x = 480
𝟏𝟎𝟎
SI = 480
33. P=4000 R=10% T=4 years
CI (1) 400 half-yearly
𝟔
(2) 400 40 (1) 4000 x 𝟏𝟎𝟎 = 240
(3) 400 40 40 4 𝟔
(2) 240 240x𝟏𝟎𝟎= 14.4
(4) 400 40 40 4
CI = 494.4
40 4 4 0.4
Diff. = 494.4 – 480 = 14.4
Total = 1600 + 240 + 16 + 0.4
= 1856.4 𝟑
38. Let P = 400 15%  𝟐𝟎
𝟑
34. P = 20,000 R = 40% quarterly CI (1) 400 x 𝟐𝟎 = 60
half yearly = 20% 𝟑
(2) 60 60 x 𝟐𝟎 = 9
T = 1 year (means 2 times) 129  20640
𝟐𝟎𝟔𝟒𝟎
CI = (1) 4000 400  𝟏𝟐𝟗
x 400
(2) 4000 800 = 160 x 400 = 64000
Total = 8800
39. Interest Rate = 18% (3 year )
𝟑
35. 12%  Let P = 625 1 year Interest Rate =
𝟏𝟖
= 6%
𝟐𝟓
𝟑
C.T. = (1) 75

CI P = 25000 Diff. = 102.5 – 100
(1) 1500 = 2.5
(2) 1500 90
(3) 1500 90 90 5.4 44. 𝒙 -- 7 year  2𝒙
= 4500 + 270 + 5.4 2𝒙 -- 7 year  4𝒙
= 4775.4 4𝒙 -- 7 year  8𝒙
𝒙 -- 21 year  8𝒙
40. at the end of years 1800 = 21 year
1 year
at the end of 3 years 1926 45. 𝒙 -- 6 year  3𝒙
𝑹 𝟏 3𝒙 -- 6 year  9𝒙
1800 (𝟏 + 𝟏𝟎𝟎) = 1926
9𝒙 -- 6 year  29𝒙
𝑹 𝟏𝟗𝟐𝟔
1+ = 27𝒙 -- 6 year  81𝒙
𝟏𝟎𝟎 𝟏𝟖𝟎𝟎
𝑹 𝟏𝟐𝟔
= 𝒙 -- 24 year  81𝒙
𝟏𝟎𝟎 𝟏𝟖𝟎𝟎
𝟏𝟐𝟔
R= x 100 = 7%
𝟏𝟖𝟎𝟎
46. P = 1000 P = 20% T=3year
𝟏𝟎𝟎𝟎 × 𝟐𝟎 × 𝟑
SI =
𝟏𝟎 𝟑 𝟏𝟎𝟎
41. P (𝟏 + 𝟏𝟎𝟎
) = 5324 𝟏𝟎𝟎𝟎 × 𝟐𝟎 × 𝟑
= 𝟏𝟎𝟎
𝟏𝟏 𝟏𝟏 𝟏𝟏
P x 𝟏𝟎 x 𝟏𝟎 x 𝟏𝟎 = 5324
= 600
𝟓𝟑𝟐𝟒
P= x 1000 = 4000
𝟏𝟏 × 𝟏𝟏 × 𝟏𝟏
P = 4000 CI (1) 200

(2) 200 40
(3) 200 40 40 8
42. SI = 1000 in two years Total CI = 728
year SI = 500 Diff. = 728 – 600 = 128
CI = 1040
(1) 500 (First year SI = CI) 47. P = 25000 T = 4 year
(2) 500 40 R = 20%
𝟒𝟎
x 100 = 8% 𝟐𝟎 𝟒
𝟓𝟎𝟎 25000 (𝟏 + 𝟏𝟎𝟎)
𝟔 𝟔 𝟔 𝟔
43. P = 1000 Rate = 10% = 25000 × 𝟓 × 𝟓 × 𝟓 × 𝟓
yearly (CI) half-yearly = (CI) 𝟔

= 200  216  𝟓
10% 5%
= 240  216 = 51840
𝟏𝟎 𝟓
(1) 1000 x 𝟏𝟎𝟎 = 100 (1) 1000 x 𝟏𝟎𝟎 = 50
𝟓
= 100 (2) 50 50 x 𝟏𝟎𝟎 = 2.5
= 102.5
48. 𝒙 -- 4 year  4𝒙 𝟑
= 150 (2) 75 75 x 𝟐𝟓 = 9
3𝒙 -- 4 year  16𝒙
SI = 150 CI = 159
16𝒙 -- 4 year  64𝒙
Diff. 159 – 150  9  900
𝒙 -- 12 years  64𝒙 𝟗𝟎𝟎
625  𝟗
x 625
12 years
= 62,500
𝟒𝟎 𝟒
49. P (𝟏 + 𝟏𝟎𝟎
) = 38416
𝟒
𝟕 𝟒 53. 16%  𝟐𝟓 Let P = 625
Px (𝟓) = 38416
SI CI
𝟑𝟖𝟒𝟏𝟔 × 𝟐𝟓 × 𝟐𝟓
P= 𝟔𝟐𝟓 × 𝟏𝟔 × 𝟐 𝟒
𝟕×𝟕𝒙𝟕×𝟕  (1) 625 x 𝟐𝟓 = 100
𝟏𝟎𝟎
= 4 x 4 x 25 x 25 𝟒
 200 (2) 100 100 x = 16
= 10,000 𝟐𝟓
SI = 200 CI = 216
50. P = 4500 A = 4500 + 1980 = 6480 Diff. = 216 - 200 = 16
𝑹 𝟐
16  320
4500 (𝟏 + 𝟏𝟎𝟎
) = 6480 𝟑𝟐𝟎
625  x 625
𝟏𝟔
𝑹 𝟐 𝟔𝟒𝟖𝟎
(𝟏 + 𝟏𝟎𝟎
) = 𝟒𝟓𝟎𝟎 = 12,500/-
𝑹 𝟏𝟖
1+ =
𝟏𝟎𝟎 𝟏𝟓
𝑹 𝟑 𝑹 𝟐
= 𝟏𝟓 54. 50,000 (𝟏 + 𝟏𝟎𝟎
) = 73205
𝟏𝟎𝟎
𝟐 𝟏 𝑹 𝟐 𝟕𝟑𝟐𝟎𝟓
R = 6 = x 100
𝟑 𝟓
(𝟏 + ) =
𝟏𝟎𝟎 𝟓𝟎𝟎𝟎𝟎
R = 20% 𝑹 𝟐 𝟏𝟐𝟏 𝟐
(𝟏 + 𝟏𝟎𝟎
) = (𝟏𝟎𝟎)
51. SI
𝑹 𝟏𝟐𝟏
5 years  75% 𝟏𝟎𝟎
= 𝟏𝟎𝟎 - 1
1 year  15% 𝑹 𝟐𝟏
𝟏𝟎𝟎
= 𝟏𝟎𝟎
R = 21%
CI 40000
𝟏𝟓
(1) 40,000 x 𝟏𝟎𝟎 = 6000 𝟏𝟐 𝟑
55. 12%  
𝟏𝟎𝟎 𝟐𝟓
𝟏𝟓
(2) 6000 6000 x 𝟏𝟎𝟎 = 900 Let P = 625
𝟔𝟐𝟓 ×𝟏𝟐 ×𝟏𝟐
Total = 12900 SI = 𝟏𝟎𝟎
= 150
𝟑
52. Let T = 2 years Rate = 12% = 𝟐𝟓 CI (1) 75
P = 625 (2) 75 9
SI CI Total CI = 159
𝟔𝟐𝟓 × 𝟏𝟐 × 𝟐 𝟑
(1) 625x 𝟐𝟓 = 75 Diff.  159 – 150 = 9
𝟏𝟎𝟎

9  72 and z = 1 (at an interest rate of 10%). We
𝟕𝟐 can see that 102 = 100  y2 = xz
625  𝟗
x 625
= 5000
61. Solve using options. If the price is 27000,
the interest on 12000 (after subtracting
56. 2 years 3 years
the down payment) would be 16% of
30,250 33,275
12000 = 1920. Hence, the total amount
CI = 33275 – 30250
paid would be 28920.
=3025
𝟑𝟎𝟐𝟓
% Rate = x 100 = 10%
𝟑𝟎𝟐𝟓𝟎 62. It can be seen that for 17000, the first year
interest would be 1020, while the second
57. Rate = 20% / half year
year interest after a repayment of 6800
st st
1 Jan. 1 July
would be on 10200 @ 5% per annum. The
P = 7600 P = 7600
interest in the second year would thus be
CI = (1) 1520 = 1520
₹ 510 which is exactly half the interest of
(2) 1520 304
the first year. Thus, option (a) is correct.
Total = 1520  3 + 304
= 4560 + 304 = 4864
63. Let the amounts be ₹ 100 and ₹ 200
respectively. The value of the 100 would
become 100  6/7  6/7 = 3600/49 = 73.46.
58. SI in 8 years = 40%
The other person’s investment of 200
𝟒𝟎
In 1 year = = 5%
𝟖 would become 200  1.2  1.2 = 288.
P = 30000 Rate = 5% The total value would become 288 + 73.46
𝟓
CI = (1) 30000 x = 1500 = 361.46 This represents approximately a
𝟏𝟎𝟎
𝟓 20% increase in the value of the amount
(2) 1500 1500 x 𝟏𝟎𝟎 = 75
after 2 year. Hence, option (a) is correct.
Total CI = 15000 + 1500 + 75
= 3075
64. Second  32448
Third  33745.9
59. Solve this one though options. Option (c)
CI = 33745.92 – 32448
reduced rate for 14 years fits the
= 1297.92
conditions.
𝟏𝟐𝟗𝟕.𝟗𝟐
%CI = x 100
𝟑𝟐𝟒𝟒𝟖
60. You can think about this situation by = 4%
taking some values. Let 𝒙 = 100, y = 10

65. The final value would be : 𝟏
69. Rate = 5%  𝟐𝟎
0.8  63000 + 27000  1.15  1.15
Let principle = 400
= 86107.5. 1st CI  (1) 20
 Drop in value = 4.32% (2) 20
2nd CI = 21
𝟏
66. Time = 2 years Rate = 5%  𝟐𝟎 21  420
𝟒𝟐𝟎
Let Principle = 400 400  400
𝟐𝟏
P = 400 CI (1) 20  8000
(2) 20 1
CI = 41  328 𝟏
70. 16% 3 years SI =𝟐 (10%, 2 years CI 12000)
𝟑𝟐𝟖
P = 400  x 400
𝟒𝟏 𝑷 ×𝟏𝟔 ×𝟑 𝟏 𝟏𝟎 𝟐
𝟏𝟎𝟎
= 𝟐 (12000 ((𝟏 + 𝟏𝟎𝟎
) − 𝟏))
= 3200
𝟑𝟐𝟎𝟎 × 𝟓 × 𝟐 𝟏𝟐𝟎𝟎𝟎 ×𝟏𝟎𝟎 𝟏𝟐𝟏
SI = = 320 Rs. P= 𝟒𝟖×𝟐
(𝟏𝟎𝟎 − 𝟏) - 1
𝟏𝟎𝟎
𝟐𝟏
P = 500 X 25 x
𝟏𝟎𝟎
67. 3600 5184 P = 125 x 21
year year year = 2625
𝑹 𝟐
3600 ( ) = 5184
𝟏𝟎𝟎
𝟏𝟖 𝟐 𝑷 × 𝟏𝟖 × 𝟐
𝑹 𝟐 𝟓𝟏𝟖𝟒 71. P ((𝟏 + 𝟏𝟎𝟎) − 𝟏) - = 81
(𝟏 + 𝟏𝟎𝟎
) = 𝟑𝟔𝟎𝟎 𝟏𝟎𝟎
𝟓𝟗 𝟐 𝟏𝟖
𝑹 𝟐 𝟏𝟖 𝟐 P ((𝟓𝟎) − 𝟏) - 𝟓𝟎 P = 81
(𝟏 + 𝟏𝟎𝟎
) = (𝟏𝟓)
𝟑𝟒𝟖𝟏−𝟐𝟓𝟎𝟎 𝟏𝟖
𝑹 𝟑
= 𝟏𝟓  100 P( 𝟐𝟓𝟎𝟎
) = 𝟓𝟎 P = 81
𝟏𝟎𝟎
𝟗𝟖𝟏𝑷−𝟗𝟎𝟎𝑷
R = 20% = 81
𝟐𝟓𝟎𝟎
𝟖𝟏𝑷
𝟐𝟓𝟎𝟎
= 81
68. year year
P = 2500
year 7000 10000
72. SI in 2 years  2400
𝑹 𝟒
7000 (𝟏 + 𝟏𝟎𝟎
) = 10000 1 year  1200
𝑹 𝟒 𝟏𝟎 CI  2544
(𝟏 + 𝟏𝟎𝟎
) = 𝟕
(1) 1200 (equal to SI)
Let Principle = P
(2) 1200 144
𝑹 𝟒
P (𝟏 + ) = 7000 144 CI on 1200
𝟏𝟎𝟎
𝟏𝟒𝟒
𝟏𝟎 Rate = 𝟏𝟐𝟎𝟎 x 100 = 12%
P 𝟕
= 7000
P = 4900

73. 2 years SI  4800 𝟏𝟎𝟎𝟎𝟎 ×𝟏𝟎𝟎 𝟏𝟐𝟏
P= 𝟒𝟐 ×𝟐
(𝟏𝟎𝟎 − 𝟏)
1 year SI  2400 𝟏𝟎𝟎𝟎𝟎 × 𝟓𝟎 𝟐𝟏
P= 𝟒𝟐
x 𝟏𝟎𝟎
CI = 5088
(1) 2400 = 2500
𝟐𝟖𝟖
288 x 100
𝟐𝟒𝟎𝟎
77. 2 years SI  3000
(2) 2400 = 12%
1 year SI  1500
CI = 3225
74. Let Principle = 100
CI (1) 1500
(1) Rate = 4% yearly
(2) 1500 225
𝟏𝟎𝟎 × 𝟒 × 𝟏
= 𝟏𝟎𝟎
= 4 Rs. 𝟐𝟐𝟓
%= x 100
𝟏𝟓𝟎𝟎
= 15%
(2) 6% yearly
But borrow half-yearly
78. Amount in 3 years 12000
P = 100 CI (1) 3
Rate = 12%
(2) 3 0.09 𝟏𝟏𝟐
Amount after 4 years = 12000 x 𝟏𝟎𝟎
CI = 6.09
Diff. = 6.09 – 4 = 2.09 = 13440
2.09  104.5 79. 3 years SI  15%

𝟏𝟎𝟒.𝟓 1 year SI  5%
100   100
𝟐.𝟎𝟗
CI on 15,00,000 at 5%
= 5000
(1) 75000
(2) 75000 3750
75. Let A = 𝒙
(3) 75000 3750 3750 187.5
B = 1301 – 𝒙
Total CI = 2,36,437.5
𝟒 𝟕 𝟒 𝟗
𝒙  (𝟏 + 𝟏𝟎𝟎
) = ( 𝟏𝟑𝟎𝟏 − 𝒙) (𝟏 + 𝟏𝟎𝟎
) = 2.36 Lakh
𝟒 𝟗−𝟕
𝒙 = (1301 – 𝒙) (𝟏 + 𝟏𝟎𝟎
)
80. P = 10000 Rate = 40% yearly
𝟐𝟔 𝟐
𝒙 = (1301 – 𝒙) ( ) Quarterly (3 months)
𝟐𝟓
𝟒𝟎
625 = 676  1301 – 676  𝒙 R=
𝟒
= 10%
676 𝒙 + 625 𝒙 = 676  1301 (1) 1000

1301 𝒙 = 676  1301 (2) 1000 100
𝒙 = 676 (3) 1000 100 100 10
(4) 1000 100 100 10
𝑷 ×𝟑 ×𝟏𝟒 𝟏 𝟏𝟎 𝟐 100 10 10 1
76. 𝟏𝟎𝟎
= 𝟐 (10000 ((𝟏 + 𝟏𝟎𝟎) − 𝟏))
= 4641

𝟒𝟎 𝑹
Yearly = 10000 x 𝟏𝟎𝟎 = 4000 𝟏𝟎𝟎
=3–1=2
Diff. = 4641 – 4000 = 641 R = 200%
81. CI = 12100 Rate = 9% 85. P=𝒙 Amount = 8 𝒙

Interest will be received in two times in T=3y
fourth year 𝑹 𝟒
P (𝟏 + 𝟏𝟎𝟎
) = Amount
Interest on Principle + Interest on Interest
𝑹 𝟑
= 12100 + 12100 x
𝟗 𝒙 (𝟏 + ) = 8𝒙
𝟏𝟎𝟎
𝟏𝟎𝟎
𝑹 𝟑
= 12100 + 1089 (𝟏 + 𝟏𝟎𝟎
) = 23
= 13189 𝑹
1 + 𝟏𝟎𝟎 = 2
R = 100%
82. P= 25000 CI = 8275
Rate = 10%
86. Principle = 80000 Amount = 88200
Amount = 25000 + 8275 = 33275
Time = 2 years
𝑹 𝒏
P (𝟏 + ) = A
𝟏𝟎𝟎 𝑹 𝟐
80000 (𝟏 + ) = 88200
𝟏𝟎 𝒏 𝟏𝟎𝟎
25000 (𝟏 + ) = 33275
𝟏𝟎𝟎 𝑹 𝟐 𝟐𝟏 𝟐
(𝟏 + ) = (𝟐𝟎)
𝟏𝟏 𝒏 𝟑𝟑𝟐𝟕𝟓 𝟏𝟎𝟎
= ( ) =
𝟏𝟎 𝟐𝟓𝟎𝟎𝟎 𝑹 𝟐𝟏
1 + 𝟏𝟎𝟎 = 𝟐𝟎
𝟏𝟏 𝒏 𝟏𝟏 𝟑
= (𝟏𝟎) = (𝟏𝟎) 𝑹 𝟏
𝟏𝟎𝟎
= 𝟐𝟎
n=3
R = 5%
83. 3 years
87. SI in 2 years = 40 Rs.
2400
In 1 year = 20 Rs.
4 years
CI = (1) 20
2520
(2) 20 0.80
2400 2520 𝟎.𝟖𝟎 × 𝟏𝟎𝟎
Rate = = 4%
1 year  120 𝟐𝟎 × 𝟏𝟎𝟎
𝟏𝟐𝟎 4%  20
𝟐𝟒𝟎𝟎
x 100 = 5%
𝟐𝟎
100%   100 = 500
𝟒
84. P=𝒙 A=9𝒙

T = 2 years 88. Rate = 15% T = 3 yrs.
𝑹 𝟐 Let P = 8000
𝒙 (𝟏 + 𝟏𝟎𝟎
) = 9𝒙
𝟖𝟎𝟎𝟎 × 𝟏𝟓 × 𝟑
SI = 𝟏𝟎𝟎
𝑹 𝟐
(𝟏 + ) = 32
𝟏𝟎𝟎 = 80  45 = 3600

CI (1) 1200 𝟏 𝟏
91. Rate = 33 𝟑%  𝟑 4
(2) 1200 180
P = 81
(3) 1200 180 180 27
CI  (1) 27
CI = 3600 + 540 + 27
(2) 27 9
= 4167
(3) 27 9 9 3
Diff. = 4167 – 3600
(4) 27 9 9 3
= 567
9 3 3 1
567  1701
CI = 27  4 + 9  6 + 3  4 + 1
𝟏𝟕𝟎𝟏
8000  𝟓𝟔𝟕
 8000 = 24000 175  350
𝟑𝟓𝟎
81  𝟏𝟕𝟓  81
89. P = 2500
= 162 Rs.
𝟑
CI  (1) 2500  𝟏𝟎𝟎
= 75
𝟒
(2) 2500  𝟏𝟎𝟎 = 100 92. P = 16224
𝟒 Rate = 4%
(3) 75  𝟏𝟎𝟎 = 3 𝒙 𝒙
16224 = 𝟒 + 𝟒 𝟐
𝟓 𝟏+ (𝟏+ )
(4) 2500  = 125 𝟏𝟎𝟎 𝟏𝟎𝟎
𝟏𝟎𝟎
𝟐𝟓 𝟔𝟐𝟓
𝟓 16224 = 𝟐𝟔 𝒙 + 𝟔𝟕𝟔 𝒙
(5) 100  𝟏𝟎𝟎
=5
(𝟔𝟓𝟎 + 𝟔𝟐𝟓)
𝟓 𝟏𝟓 16224 = 𝒙
(6) 75  = = 3.75 𝟔𝟕𝟔
𝟏𝟎𝟎 𝟒
𝟏𝟐𝟕𝟓
𝟓 16224 = 𝟔𝟕𝟔
𝒙
(7) 3  = 0.15
𝟏𝟎𝟎
𝟔𝟕𝟔
𝒙 = 16224  𝟏𝟐𝟕𝟓
Total = 75+100+3+125+5+3.75+0.15
= 300 + 8 + 3.9 = 8601.9
= 311.9
93. Rate = 24% yearly
𝟐𝟒
90. Principle = Installment + Installment 1 month  𝟏𝟐 = 2%
𝑹 𝑹 𝟐
= 1 + 𝟏𝟎𝟎 (𝟏 + 𝟏𝟎𝟎) P = 4000
𝟑𝟑𝟖 𝟑𝟑𝟖 CI  (1) 80
P= 𝟏 + 𝟏 𝟐
𝟖 𝟖
𝟏+ 𝟑 (𝟏+ 𝟑 ) (2) 80 1.6
𝟏𝟎𝟎 𝟏𝟎𝟎
𝟑𝟑𝟖 𝟑𝟑𝟖 (3) 80 1.6 1.6 0.032

= 𝟏 + 𝟏 𝟐
𝟏+ (𝟏+ ) CI = 240 + 4.8 + 0.032
𝟏𝟐 𝟏𝟐
𝟑𝟑𝟖 𝟏𝟐 𝟏𝟐 = 244.832
=  12 + 338  
𝟏𝟑 𝟏𝟑 𝟏𝟑
= 312 + 144  2
94. Principle = 600
= 312 + 288
Simple Interest Compound Interest
= 600 𝟏𝟎
= 600  Rate = 5%
𝟏𝟎𝟎

= 60 (1) 30 𝑹 𝟐 𝟑𝟔
(𝟏 + ) =
𝟏𝟎 𝟐𝟓
(2) 30 1.5
𝑹 𝟐 𝟔 𝟐
CI = 61.5 (𝟏 + 𝟏𝟎𝟎) = (𝟓)
SI = 60 𝑹 𝟏
𝟏𝟎𝟎
=𝟓
Diff. = 61.5 - 60 = 1.5
R = 20%
95. Let A got 𝒙 part 98. Principle = 250 R1 = 4% R2 = 8%

Then part of B = 3757 – 𝒙 CI  (1) 10
𝟏𝟎 𝟕 𝟏𝟎 𝟗 (2) 20 0.8
𝒙 (𝟏 + ) = (3757 – 𝒙) (𝟏 + )
𝟏𝟎𝟎 𝟏𝟎𝟎
Total CI = 30.8
𝟏𝟏 𝟗−𝟕
𝒙 = (3757 – 𝒙) (𝟏𝟎) Amount = 250 + 30.8
𝟏𝟐𝟏 = 280.8
𝒙 = (3757 – 𝒙) 𝟏𝟎𝟎
100 𝒙 = 121  3757 – 121 𝒙

𝟓 𝒏
221 𝒙 = 121  3757 99. 800 (𝟏 + 𝟏𝟎𝟎) = 926.10
𝟏𝟐𝟏 × 𝟑𝟕𝟓𝟕 𝟐𝟏 𝒏 𝟗𝟐𝟔.𝟏𝟎
𝒙= 𝟐𝟐𝟏
( ) =
𝟐𝟎 𝟖𝟎𝟎 × 𝟏𝟎𝟎
𝒙 = 121  17 = 2057 𝟐𝟏 𝒏 𝟐𝟏 𝟑
(𝟐𝟎) = (𝟐𝟎)
B = 3757 – 2057
N=3
= 1700
Time = 3  ½ years = 1 ½ year
96. Principle = 20480

𝒙 𝒙
100. 21000 = 𝟏𝟎 + 𝟏 𝟐
Rate = 6.25% 𝟏+
𝟏𝟎𝟎 (𝟏+ )
𝟏𝟎𝟎
𝟕𝟑 𝟏
Time = 2 years 73 days = 𝟑𝟔𝟓 = 𝟓 𝟏𝟎 𝟏𝟎𝟎
21000 = 𝟏𝟏 𝒙 + 𝟏𝟐𝟏 𝒙
20480 𝟏𝟏𝟎+𝟏𝟎𝟎
21000 = 𝟏𝟐𝟏
𝒙
(1) 1280
𝟐𝟏𝟎𝟎𝟎 ×𝟏𝟐𝟏
(2) 1280 80 𝒙= 𝟐𝟏𝟎
𝟏
3 yrs. (3) 1280 80 80 5 𝒙 = 12100
𝟓
𝟏𝟒𝟒𝟓
= 𝟓
= 289 (73 days)
Total = 1280 + 1360 + 289 = 2929
97. Let Principle = 𝒙

Amount = 1.44 𝒙
𝑹 𝟐
𝒙 (𝟏 + 𝟏𝟎𝟎) = 1.44 𝒙
𝑹 𝟐 𝟏𝟒𝟒
(𝟏 + 𝟏𝟎) = 𝟏𝟎𝟎

00 = 100%


Compound Interest Practice Sheet

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Compound Interest - Practice Sheet

Page | 1 Subscribe Youtube Channel :- https://bit.ly/3pZEj4m The Winners Institute Indore

The simple interest accrued on an

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5% The simple interest on a sum of money

According to the 2011 census, the

Sita deposited Rs. 5000 at 10% simple

The compound interest on a certain sum %

If the compound interest on a sum for 2

A sum of Rs. 2000 amounts to Rs. 4000

If the amount received at the end of 2nd

What is the difference (in Rs.) between

If a certain sum becomes 2 times in 7

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There is 75% increase in amount in 5

The difference between simple and

The difference between simple and

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If the amount received at the end of 2nd

An amount of money appreciates to Rs.

Simple interest on a certain sum of

The difference between simple and A B

Simple interest on a certain sum of

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What is the difference (in Rs) in

At what rate per cent compounded

% Find the compound interest on Rs. 4000

The compound interest on Rs. 20480 at

If a sum of money compounded annually

In how many years will a sum of Rs.

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1. (b) 2. (c) 3. (d) 4. (e) 5. (b)

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= 1331 7. P = 10000 R = 20% yearly T = 2 years

𝟐.𝟓 𝟒 8. P = 7400 Rate = 13.5% per year

𝑹 𝟐𝟏 = 779 + 779 + 77.9

P = ? R = 4% / per year T = 5 year CI  100

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20. 12000 -- 5 years  24,000

18. P = ? A = 7803 R = 4% yearly 𝟓𝟎𝟎𝟎 × 𝟏𝟎 ×𝟐

T = 1 year compounding half yearly P = 1000 CI half yearly rate = 5%

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26. 𝒙=3 P = 2000 A = 2315.25

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31. 2000 -- 2 years 4000 𝟒 𝟐 𝑷×𝟖×𝟏

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P = 4000 CI (1) 200

yearly (CI) half-yearly = (CI) 𝟔

50. P = 4500 A = 4500 + 1980 = 6480 Diff. = 216 - 200 = 16

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60. You can think about this situation by = 4%

taking some values. Let 𝒙 = 100, y = 10

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2.09  104.5 79. 3 years SI  15%

676 𝒙 + 625 𝒙 = 676  1301 (1) 1000

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Diff. = 4641 – 4000 = 641 R = 200%

81. CI = 12100 Rate = 9% 85. P=𝒙 Amount = 8 𝒙

84. P=𝒙 A=9𝒙

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