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Winners Institute Indore.

Maths With Aditya Patel Sir

Compound Interest
Class Study Sheet by Aditya Patel Sir

The compound interest on Rs. 5,000 for


3 Years at 10% p.a. will amount to? Find the amount on Rs. 22500 for 2 year
(a) Rs. 1,654 (b) Rs. 1,655 at 20% p.a. If the rate compounded
(c) Rs. 1,600 (d) Rs. 1,565 annually?
(a) Rs. 21080 (b) Rs. 31240
(c) Rs. 36400 (d) Rs. 32400
By- Aditya Sir Winners Institute
Rate of compound interest is 10% and
time is 2 years. If amount become Rs.
48400 then find principal? The compound interest on Rs. 25600 for
(a) Rs. 40,000 (b) Rs. 10500 𝟏
2 Years at 𝟏𝟐 𝟐 % p.a. will amount to?
(c) Rs. 41000 (d) Rs. 42000
(a) Rs. 6500 (b) Rs. 6800
(c) Rs. 2200 (d) Rs. 1800

The principal which, will amounts to Rs.


270.40 in 2 Years at the rate of 4% per
annum compound interest is? The compound interest on Rs.10800 for
𝟐
(a) Rs. 200 (b) Rs. 225 3 Years at 𝟏𝟔 𝟑 % p.a. will amount to?
(c) Rs. 250 (d) Rs. 220 (a) Rs. 6350 (b) Rs. 6250
(c) Rs. 6200 (d) Rs. 6500

A certain sum amounts to Rs. 5,832 in 2 The compound interest on Rs. 68600 for
years at 8% per annum compound 3 Years at 14.28% p.a. will amount to?
interest, the sum is? (a) Rs. 33500 (b) Rs. 33800
(a) Rs. 5,000 (b) Rs. 5,200 (c) Rs. 35300 (d) Rs. 38500
(c) Rs. 5,280 (d) Rs. 5,400

In how many years will Rs. 2000 amounts


What will be the amount on Rs. 12500 at to Rs. 2420 at 10% per annum comp-
the rate of 20% per annum compounded ound interest?
yearly for 3 years? (a) 3 Years
(a) 21080 (b) 2.5 Years
(b) 21560 (c) 2 Years
(c) 20600 (d) 1.5 Years
(d) 21600

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On Rs. 8960, the rate of interest for first


𝟏 𝟐
year is 𝟏𝟐 𝟐 %, second year is 𝟏𝟒 𝟕 %%
and 3rd year is 10% then find the
The compound interest on Rs. 30000 at compound interest for 3 years?
7% per annum for a certain time is Rs. (a) Rs. 3712 (b) Rs. 3713
4347. The Time is? (c) Rs. 3711 (d) Rs. 3710
(a) 3 Years (b) 2.5 Years
(c) 2 Years (d) 4 Years

On Rs 5000, the rate of interest for first


year is 2%, second year is 3% and 3rd
A sum of Rs. 8000 will amount to Rs. year is 4% than the compound interest
8820 in 2 years if the interest is for 3 years is?
calculated every year. The rate of (A) Rs. 465.12 (B) Rs. 463.12
Compound interest is? (C) Rs. 466.12 (D) Rs. 464.12
(a) 6% (b) 7%
(c) 3% (d) 5%

The compound interest on Rs. 25600 for


𝟏
2 year 6 months at 12 𝟐%, p.a. will amount
to?
The compound interest on Rs. 2000 in 2 (a) Rs. 8825 (b) Rs. 8265
years if the rate of interest is 4% per (c) Rs. 8500 (d) Rs. 10850
annum for the first year and 3% per
annum for the second year, will be?
(a) Rs. 142.40
(b) Rs. 140.40
What will be the compound interest on
(c) Rs. 141.40 𝟐
(d) Rs. 143.40 Rs.86400 at the rate of 16𝟑% per annum
in 1 year and 2 months compounded
annually?
(a) Rs.17600
(b) Rs.17200
(c) Rs.18200
(d) Rs.16800
A invested a amount of x rupees in a
bank for 2 years which gave 5% interest
in a year 1 and 6% interest in a year 2.
The amount received after 2 year is Rs
The compound interest on Rs. 50000 for
24,486. What is the value of x?
1 year 6 months at 6% p.a. will amount
(A) 23000 (B) 22500
to?
(C) 22000 (D) 21500
(a) Rs. 1300
(b) Rs. 4250
(c) Rs. 1500
(d) Rs. 4590

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The compound interest on Rs.10800 for


𝟐
2 years 73 days at 𝟏𝟔 𝟑 % p.a. will amount If the amount is 2.25 times of the sum
to? after 2 Years at compound interest
(a) Rs. 4390 (b) Rs. 5200 (Compounded annually), the rate of
(c) Rs. 1300 (d) Rs. 1400 interest per annum is?
(a) 25% (b) 30%
(c) 45% (d) 50%

The compound interest on a certain sum


of money for one year 146 days at A sum becomes Rs. 625 in 5 years and
14.28% per annum is Rs. 408. Then find Rs.784 in 7 years find rate of compound
the principal? interest?
(a) 1920 (b) 2040 (a) 12% (b) 13%
(c) 1960 (d) 1880 (c) 11% (d) 14%

If a certain sum of Rs. 225 become 256 in


2 years. Find the rate at compound A sum of money become Rs. 1000 in 6
interest? years and 1331 in 9 years. Find the rate
𝟐 𝟐
(a) 𝟔 𝟑 % (b) 𝟐 𝟑 % at compound interest?
𝟏 𝟏 (a) 12% (b) 10%
(c) 𝟐 𝟑 % (d) 𝟒 𝟑 %
(c) 8% (d) 19%

If a certain sum of Rs. 2304 become 2500


in 2 years. Find the rate at compound If compound interest on sum is 6500 for
interest? 15th year and 8651.5 for 18th year then
𝟏 𝟏
(a) 𝟑 𝟔 % (b) 𝟑 𝟑 % find the rate of interest?
𝟏 𝟏 (a) 11% (b) 9%
(c) 𝟒 𝟔 % (d) 𝟑 𝟒 %
(c) 10% (d) 8%

If a certain sum of Rs. 1024 become 1458 If a certain sum become 3 times in 2
in 3 years. Find the rate at compound years at compound interest then in how
interest? many years it will become 27 times?
(a) 12.5% (b) 11.3% (a) 6 Years (b) 2 years
(c) 11.3% (d) 11.4% (c) 8 years (d) 1 year

If a certain sum of become Rs. 8 times in If a certain sum become 4 times in 7


3 years. Find the rate of compound years at compound interest then in how
interest? many years it will become 64 times?
(a) 160% (b) 200% (a) 10 years (b) 11 years
(c) 300% (d) 100% (c) 21 years (d) 10 years
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If a certain sum become 2 times in 5 The difference between C.I. and S.I. for 3
years at compound interest then in how years is Rs. 992. if rate of interest is 10%,
many years it will become 2048 times? Find the principal?
(a) 50 years (b) 10 years (a) 22000 (b) 30000
(c) 12 years (d) 55 years (c) 28000 (d) 32000

If a certain sum becomes 8 times in 3


years at compound interest then in how The difference between the Simple
many years it will become 16 times? Interest and compound Interest on a
(a) 3 (b) 4 certain sum of money at 5% rate of
(c) 5 (d) 2 interest per annum for 2 years is Rs. 15.
Then the sum is –
(a) Rs. 6500 (b) Rs. 5500
(c) Rs. 6000 (d) Rs. 7000

A sum of money placed at compound


interest becomes 27 times of itself in 15
years. In 25 years, it will become how
many times? The difference between the Simple
(a) 729 times (b) 243 times Interest and compound Interest on a
(c) 135 times (d) 81 times certain sum of money at 4% rate of
interest per annum for 2 years is Rs. 1.
Then the sum is?
(a) Rs. 650 (b) Rs. 630
(c) Rs. 625 (d) Rs. 640
If a certain sum of money becomes equal
to 64 times of itself in 27 years. In how
much time it will become 512 times of
itself?
(a) 45 years (b) 42.5 years If the difference between the compound
(c) 40.5 times (d) 36 times 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?
(a) Rs. 6000 (b) Rs. 6400
Find the difference between CI and SI on (c) Rs. 4400 (d) Rs. 4800
Rs. 25000 at the rate of 10% for 2 years?
(A) Rs. 225 (B) Rs. 250
(C) Rs. 210 (D) Rs. 200

What will be the approximate difference


in the simple and compound interests
Find the difference between CI and SI on accrued on an amount of Rs. 2600 at the
6400 at the rate of 12.5% for 2 years? rate of 15 p.c.p.a. at the end of three
(A) Rs. 108 (B) Rs. 105 years?
(C) Rs. 110 (D) Rs. 100 (a) Rs. 167 (b) Rs. 194
(c) Rs. 202 (d) Rs. 184
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A sum of money become 4800 in 4 years


and Rs. 6000 in 8 years. Find principal? If simple interest on some amount for
(a) Rs. 3840 (b) Rs. 3555 fourth year is Rs 500 and difference
(c) Rs. 3612 (d) Rs. 3554 between simple interest and compound
interest for 2 years is 25 the find the rate
of interest?
(a) 5% (b) 4.5%
A sum of money become Rs. 1200 in 8 (c) 5.5% (d) 5.25%
years and Rs. 1500 in 12 years. find the
amount after 16 years?
(a) Rs. 1875 (b) Rs. 1923
(c) Rs. 1844 (d) Rs. 1642 The difference between the compound
interest and the simple interest on a sum
of Rs. 5000 at a certain rate of interest for
2 years is Rs. 72. The rate of interest per
A sum amounts to Rs. 8028 in 3 years annum is?
and to Rs. 12,042 in 6 years at a certain (a) 12% (b) 9% (c) 25% (d) 20%
rate percent per annum, when the
interest is compounded yearly. The sum
is?
(a) 5,352 (b) 5,235 The difference between the compound
(c) 5,325 (d) 5,253 interest and the simple interest on a sum
of Rs. 20000 at a certain rate of interest
for 2 years is Rs. 72. The rate of interest
per annum is?
Simple interest of a sum is Rs. 600 for 2 (a) 6% (b) 2% (c) 5% (d) 4%
years and Rs. 630 at compound interest.
Find rate?
(a) 10% (b) 18%
(c) 9% (d) 19%
If the compound interest on a certain
sum for 2 years at 4% p.a. is Rs. 102, the
simple interest at the same rate of
Simple interest of a sum is Rs. 400 for 2 interest for two years would be?
years and Rs. 410 at compound interest. (a) Rs. 200 (b) Rs. 50
Find rate? (c) Rs. 150 (d) Rs. 100
(a) 9% (b) 4%
(c) 10% (d) 5%

If the compounded interest on a sum of


On a certain principal if the simple money for 3 years at the rate of 5% per
interest for two years in 4800 and annum is Rs. 252.20, the simple interest
compound interest for for the two years on the same sum at the same rate and for
is 5088, what is the rate of interest? same time is?
(a) 6% (b) 24% (a) Rs. 220 (b) Rs. 240
(c) 12% (d) 18% (c) Rs. 245 (d) Rs. 250
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Find the principal if the compound


interest for the second year is Rs. 9.1 at
The compound interest on a certain sum 𝟏
of money at 5% per annum for 2 years is the of 𝟖 𝟑 %?
Rs. 246. The simple interest on the same (a) Rs. 100.8 (b) Rs. 107.7
sum for 3 years at 6% per annum is? (c) Rs. 108.0 (d) Rs. 104.8
(a) Rs. 435 (b) Rs. 450
(c) Rs. 430 (d) Rs. 432

Find the principal if the compound


interest for the second year is Rs. 70 at
𝟏
the of 11𝟗% ?
(a) Rs. 567 (b) Rs. 570
Simple interest on a certain sum of
(c) Rs. 600 (d) Rs. 580
money for 3 years at 8% per annum is
half the com-pound interest on Rs. 16000
for 2 years at 10% per annum. The sum
placed on simple interest is?
(a) Rs. 14000 (b) Rs. 5000
(c) Rs. 7000 (d) Rs. 8000 𝟐
At the rate of 14𝟕 % the difference
between the compound interest for the
third year and the second year is Rs. 480,
than find the principal?
(a) Rs. 20580 (b) Rs. 20680
The compound interest on a certain sum (c) Rs. 20500 (d) Rs. 20300
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?
(a) Rs. 520 (b) Rs. 550
(c) Rs. 500 (d) Rs. 515 The difference of compound interest and
simple interest for 3 years and for 2
years are in ratio 23 : 7 respectively, what
is rate of interest per annum (in %) ?
(a) 200/7 (b) 100/7
(c) 300/7 (d) 400/7
The compound interest on a certain sum
of money at a certain rate per annum for
two years is Rs. 2,050 and the simple
interest on the same amount of money at
The difference of compound interest and
the same rate for 3 years is Rs. 3000.
simple interest for 3 years and for 2
Then the sum of money is?
years are in ratio 29 : 9 respectively, what
(a) Rs. 20000
is rate of interest per annum (in %) ?
(b) Rs. 18000
(c) Rs. 21000
(d) Rs. 25000

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The difference of compound interest and


simple interest for 3 years and for 2 If compound interest received on a
years are in ratio 19 : 6 respectively, what certain amount in 3rd year is Rs. 12,100,
is rate of interest per annum (in %) ? what will be the compound interest (in
Rs) for the 4th year on the same amount
if rate of interest is 9%?
(a) 17080 (b) 15669
(c) 13189 (d) 14376

The Difference of CI and SI in 2 years and If the amount received at the end of 2nd
3 years are Rs. 132 and Rs 407 and 3rd year at compound interest on a
respectively. On a certain rate of interest certain Principal is Rs. 9,600 and Rs.
compounded annually. Find the Simple 10,272 respectively, what is the rate of
interest in 5 Years on the same principal interest (in %)?
and same rate of interest annually? (a) 7% (b) 8%
(a) Rs. 6600 (b) Rs. 8712 (c) 6% (d) 5%
(c) Rs. 7920 (d) Rs. 7260

If the amount received at the end of 2nd


and 3rd year at compound interest on a
If the ratio of compound interest for 3 certain principal is Rs. 30250 and Rs.
years and simple interest for 1 year on 33275 respectively, what is the rate of
certain amount at certain rate of interest interest?
is 3.64 : 1 then find the rate of interest ? (a) 10% (b) 5%
(a) 22% (b) 21% (c) 20% (d) 10%
(c) 23% (d) 20%

Find the compound interest on Rs.


160000 at the rate of 10 % per annum for
If compound interest received on a 2 years. If the interest is compounded
certain amount in the 2nd year Rs.250. semi -annually?
What will be the compound interest (in (a) 34500 (b) 35000
Rs.) for 3rd year on the same amount at (c) 34481 (d) 30000
12% rate of interest?
(a) 250
(b) 300
(c) 280
(d) 270 Find the compound interest on Rs. 18360
at the rate of 8 % per annum for 1 year
and 6 months. If the interest is
compounded semi-annually?
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(a) 2222 (b) 2227


(c) 2295 (d) 2270
A sum of Rs. 20,000 invested
compounded half yearly at 10% p.a. for
15 months. Find the profit % after 15
months (calculate decimal point)?
(a) 12.5% (b) 13.6%
Sita deposited Rs. 5,000 at 10% simple (c) 13.0% (d) 13.4%
interest for 2 years. How much more
money will sita have in her account at the
end of two years. If it is compounded half
yearly?
(a) Rs. 20 (b) Rs. 40
(c) Rs. 77.50 (d) Rs. 85.50 If Rs. 4000 becomes Rs. 4410 at the rate
of 10% compound interest in certain time
period then find the time period interest
if compounded semi-annually?
(a) 6 month (b) 1 Year
(c) 1.5 Years (d) 2 Years
If the difference between the compound
interest, compounded every six months
and the simple interest on a certain sum
of money at the rate of 12% per annum
for one year is Rs. 36. The sum is? The compound interest on Rs. 16,000 for
(a) Rs. 10,000 (b) Rs. 12,000 9 months at 40% per annum interest
(c) Rs. 15,000 (d) Rs. 9,000 being compounded quarterly is?
(a) Rs. 5296 (b) Rs. 5926
(c) Rs. 5692 (d) Rs. 5629

Find the rate percent per annum if Rs.


2,000 amounts to Rs. 2,315.25 in one and
half years interest being compounded The compound interest on 12000 for 9
half yearly? months at 20% per annum, interest
(a) 10% (b) 11.5% being compounded quarterly is?
(c) 5% (d) 20 (a) Rs. 1891.50 (b) Rs. 2089.70
(c) Rs. 2136 (d) Rs. 1750

What is the compound interest earned


In what time will Rs. 64,000 amount to
on Rs. 80,000 at 40% per annum in 1 year
Rs.68,921 at 5% per annum interest
compounded quarterly?
being compounded half yearly?
𝟏 (a) 28317 (b) 37128
(a) 𝟏 𝟐 𝐲𝐞𝐚𝐫 (b) 2 years (c) 18732 (d) 21387
𝟏
(c) 3 years (d) 𝟐 𝟐 𝐲𝐞𝐚𝐫

Find the difference between compound


interest on Rs. 5000 at the rate of 4% for
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1.5 years if interest is compounded


annually and semi-annually?
(a) 4.02 (b) 1.02
(c) 2.04 (d) 2.01
Compound Interest on a curtain sum for
1 year at 14% per annum compounded
half yearly is Rs.289.8. The simple
interest at the same rate of interest for 1
What is the difference in compound year would be?
interest earned in 1 year on a sum of Rs. (a) Rs.140 (b) Rs.300
25000 at 20 % per annum compounded (c) Rs.280 (d) Rs.299
semi-annually and annually?
(a) 125 (b) 250
(c) 500 (d) 375

A money lender borrows money at 9%


per annum and pays the interest at the
If the difference between the CI and SI on end of the year. He lends it at 12% per
some amount is Rs. 28 at the rate 10% annum compound half yearly and
then find the difference between CI and receives the interest at the end of the
SI on same amount at the same rate of yearly. In the way, he gain Rs.268.8 a
interest if interest is compounded half year. The amount of money he borrows?
yearly? (a) Rs.8000 (b) Rs.6000
(a) 42.40 (b) 43.40 (c) Rs.7500 (d) Rs.10000
(c) 44.20 (d) 44.30

Find the difference between C.I. and S.I.


on rupees 10000 for 18 months at the
Find the difference between CI and SI on rate of 20% per annum Compound
Rs. 10000 for 1 Year at the rate of 12% if half yearly?
interest is compounded half yearly? (a) Rs. 310 (b) Rs. 315
(a) 32 (b) 33 (c) Rs. 210 (d) Rs. 320
(c) 36 (d) 35

What is the diffence between compound


interest on Rs.15000 for 9 months at 16% Ram borrowed Rs. 10000 from Shyam at
per annum accordingly as the interest the rate of 20% per annum compounded
compounded half yearly and quarterly? annual and at same time he lends whole
(a) Rs.20.80 (b) Rs.16.64 money to Mohan at same rate
(c) Rs.24.96 (d) Rs.23.48 compounded half yearly. Each of them
returns money after two years. Than find
the profit of ram in this transaction?
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(a) Rs. 240 (b) Rs. 241 to deposit this money for two son’s in
(c) Rs. 201 (d) Rs. 230 such a way that at the age of 18 years the
amount of both becomes equal. Find the
amount invested for younger son, where
rate of compound interest is 10% per
annum?
(a) Rs. 20000 (b) Rs. 20500
A bank offers 10% compound interest (c) Rs. 24000 (d) Rs. 21000
per half year. A customer deposits Rs.
5200 each on 1st January and 1st July of
a year. At the end of the year, the amount
he would have profit by way of interest
is?
(a) Rs. 3224 (b) Rs. 1612
(c) Rs. 806 (d) Rs. 403 A man has Rs.16850 and he has two
sons 12 years and 16 years old. He wants
to deposit this money for two son’s in
such a way that at the age of 120 years
the amount of both becomes equal. Find
the amount invested for younger son,
where rate of compound interest is
A bank offers 15% compound interest 33.33% per annum?
per half year. A customer deposits Rs. (a) Rs. 4206 (b) Rs. 4050
7200 each on 1st January and 1st July of (c) Rs. 4100 (d) Rs. 4200
a year. At the end of the year, the amount
he would have gained by means of
interest is?
(a) Rs. 6803 (b) Rs. 3402
(c) Rs. 1701 (d) Rs. 850 A man borrows Rs. 21,000 at 10%
compound interest. How much he has to
pay annually at the end of each year, to
settle his loan in two years?
(a) Rs. 12000 (b) Rs. 12100
(c) Rs. 12200 (d) Rs. 12300

Rs. 260200 is divided between Ram and


Shyam so that the amount that Ram
receives in 4 years is the same as that
Shyam receives in 6 years. If the interest
is compounded annually at the rate of A man borrows Rs. 39000 at 16.66%
4% per annum then Ram’s share is? compound interest. How much he has to
(a) Rs. 125000 (b) Rs. 135200 pay annually at the end of each year, to
(c) Rs. 152000 (d) Rs. 108200 settle his loan in two years?
(a) Rs. 25500 (b) Rs. 24500
(c) Rs. 28000 (d) Rs.21500

A man has Rs. 44200 and he has two


sons 6 years and 8 years old. He wants
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A man borrowed a sum of Rs. 25,220


from a bank and pay amount in 3 equal
install-ments at the rate of 5% per
annum. Find each installments?
(a) Rs. 9261 (b) Rs. 9500
(c) Rs. 9522 (d) Rs. 9518 A man borrows a certain money from a
bank and promise to pay the amount in
two equal annual installments at the rate
of 12.5% per annum compounded
annually. If the total interest paid by him
was Rs. 7020. Find the total principal.
A man borrows Rs. 66200 at 10% (a) Rs. 36000 (b) Rs. 32720
compound interest. How much he has to (c) Rs. 36720 (d) Rs. 18360
pay annually at the end of each year, to
settle his loan in 3 years?
(a) Rs. 25620 (b) Rs. 22660
(c) Rs. 26620 (d) Rs. 27200

A man borrowed a sum of Rs. 3000 from


bank at compound interest at 30% per
A product bought in two annual annum. He pays bank Rs. 1000 at the end
installment. If the rate at compound of each year. Calculate how much
interest is 4% and annual installment is amount he bill pay the end of 3rd year to
Rs. 1352 the. Find the price of product? clear all his dues?
(a) Rs. 1200 (b) Rs. 2550 (a) Rs. 3601 (b) Rs. 1102
(c) Rs. 2430 (d) Rs. 2456 (c) Rs. 4003 (d) Rs. 2605

A sum of money is paid back in two


annual installments of Rs. 17,640 each,
allowing 5% compound interest Subhash purchased a refrigerator at this
compounded annually. The sum condition that at the time of purchasing
borrowed was? he paid a cash down payment of Rs.
(a) Rs. 32800 (b) Rs. 32400 1620 and also paid first year, Second
(c) Rs. 32000 (d) Rs. 32200 year and third year Rs. 2178, Rs. 2299
and Rs. 2662 respectively. If rate of CI is
10% then find the total price of the
refrigerator?
(a) Rs. 7200 (b) Rs. 2300
(c) Rs. 7500 (d) Rs. 6700
A man purchase a motorbike for a
certain price and promise to pay the
price in 3 equal annual installments of
Rs. 10,800 at the rate of 20% per annum.
Find the cost price of motorbike?
(a) Rs. 22850 (b) Rs. 22750
(c) Rs. 22800 (d) Rs. 23000

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A man buys a scooter on making a cash If C.I. of certain sum at the end of 2 years
down of Rs. 16224 and promises to pay and 3 years are Rs.234 and Rs. 381
two more yearly installments of respectively. Find the rate of interest?
equivalent amount in next two years. If (a) 14.28% (b) 18.33%
the rate of interest is 4% per annum (c) 16.67% (d) 12.5%
compounded yearly, the cash value of
scooter is
(A) 48624 (B) 48636
(C) 56624 (D) 46824
On a certain sum of money, compound
interest earned at the end of 2 years is
Rs. 1320. Compound interest at the end
of three years is Rs. 2184. Find the
principal?
(a) Rs. 2400 (b) Rs. 3600
A man borrowed 10815, which is to be
(c) Rs. 3200 (d) Rs. 3000
paid back 3 equal half yearly
instalments. If the compounded half
𝟒𝟎
yearly at 𝟑 % per annum, how much is
each instalment?
(a) Rs. 2048 (b) Rs. 3150
(c) Rs. 4096 (d) Rs. 5052
A man borrowed some loan from a bank
at the rate of 8% compound interest per
annum and he repayed the whole
amount of the loan by paying Rs.50000
and Rs.62640 at the end of first year and
second year, respectively. The sum of
A loan of 34,370 is paid back in three
the loan was?
annual instalments. Second instalment
𝟑 (a) Rs.100000 (b) Rs.108000
is twice of first and third is 𝟒th of second (c) Rs.116000 (d) Rs.120000
instalment. If the rate of compound
interest be 10% per annum on each
instalment, find all three instalments?
(A) 9417, 17635, 15975.5
(B) 8317, 18635, 14975.5
(C) 9317, 18634, 13975.5
(D) 9535, 19624, 12975.5
A person borrowed a certain sum at 10%
p.a. for three years, interest being
compound annually. At the end of two
years, he repaid a sum of 6,634 and at the
If compound interest on some amount is end of the third year, he cleared off the
Rs. 210 for 2 years and Rs. 331 for 3 debt by paying 13,200. What was the sum
years then find the rate of interest? borrowed by him?
(a) 10% (b) 11% (a) 16,400 (b) 15,400
(c) 12% (d) 13% (c) 15,600 (d) 16,500

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A person deposited a certain money in


bank. Bank offers him 10% per annum
compounded annually. If he deposits
Rs.3500 at the end of 1styear and
withdraws Rs.5000 at the end of 2ndyear. Raman took a loan of Rs.15000 from
Finally, at the end of 3rdyear the amount, Laxman. It was agreed that for the first
he gets Rs.18700. Then find his initial three years rate of interest charged
investment. would be at 8% simple interest per
(a) Rs. 13700 (b) Rs. 16000 annum and at 10% compound interest
(c) Rs. 17200 (d) Rs. 15000 (Compounded annually) from the fourth
years onwards. Raman did not pay
anything until the end of the fifth year.
How much would he repay if he clears
the entire amount only at the end of fifth
year?
(a) Rs. 22506 (b) Rs. 16006
(c) Rs. 18560 (d) Rs. 1756.60
A man borrowed a sum of Rs. 8000 from
bank at compound interest at 30% per
annum. He pays back Rs.3000 at the end
of each year. Calculate how much
amount he will pay at the end of 3rdyear
to clear all his dues.
(a) Rs. 7426 (b) Rs. 6266
(c) Rs. 9126 (d) Rs. 8606
A person invested equal amounts in two
schemes A and B at the same rate of
interest.Scheme A offers simple interest
while scheme B offers compound
interest. After two years he got Rs. 1920
from scheme A as interest and Rs. 2112
from shceme B. If the rate of interest is
increased by 4%, what will be the total
interest after two years from both
Ram invested Rs.28000 in two different schemes?
schemes A and B. Scheme A offers at a (a) Rs. 4884.48 (b) Rs. 4888.48
rate of 12% per annum S.I. and Scheme (c) Rs. 4884.84 (d) Rs. 4384.48
B offers 10% per annum compounded
annually. If the sum interchanges in
those two schemes A and B interest gets
Rs.120 more than the earlier at the end of
two years, what is the difference of the
two sums? A, B and C invested amounts in the ratio
(a) Rs.4000 (b) Rs.3000 3 : 4 : 5 respectively. If the Schemes
(c) Rs.5000 (d) Rs.4500 offered compound at the rate of 20% per
annum, 15% per annum and 10% per

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annum respectively, then what will be inested X Rs. on compound interest for
the ratio of their amounts after 1 Year? two year at rate of 20% annually and Veer
(a) 3 : 15 : 25 (b) 6 : 6 : 5 invested 4000 Rs. more than Bhavya on
(c) 36 : 46 : 55 (d) 12 : 23 : 11 simple interest fpr three year at 15%
annyaly, if both gets total interest of Rs.
9632, then find the amount invested by
Veer?
(a) 12900 (b) 12400
(c) 8800 (d) 12800
A sum of money becomes 16 times of
itself in 2 years if compounded half
yearly. How much time it will take to
become 27 times if compounded yearly?
(a) 2.5 years (b) 3 years
(c) 4.5 years (d) 5 years

13th year compound interest 1024. Find


the C.I. of 10th year if rate of interest is
𝟐
𝟏𝟒 𝟕 %
(a) 443 (b) 512
(c) 343 (d) 686

On a certain sum, the difference between


the compound interest and the simple
interest for the second year is Rs. 3600
and the same for the third year is Rs.
7740. What is the sum? Assume that in
case of compound interest,
compounding is done annually
(a) Rs. 160000 (b) Rs. 120000
(c) Rs. 180000 (d) Rs. 140000

Bhavya and Veer invested their principle


in two different schemes, Bhavya
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