Name ................................................

FOUNDATION PROGRAMME-ONLINE
Batch.................... Roll No. ...............
17 - 12 - 2022
MATHEMATICS
FN22M/TP/ Class - VIII
Compound Interest
(ONLINE)
Time : 30 min. Mark : 120

1. The compound interest on Rs. 1800 at 15% per annum for two years compounded annually is
A) 420.5 B) 168.5 C) 580.5 D) 400.5

3
2. If the amount is 3 times the sum after 3 years at C. I, the rate of interest per annum is
8
A) 25% B) 40 % C) 30% D) 50%
3. Amount on Rs. 2800 for 2 years at the rate of 5% per annum , compounded annually is
A) 3087 B) 1323 C) 3127 D) 1927
4. The C.I on Rs 10000 at 6% per annum for a certain time is Rs.1236. The time is
A) 1years B) 2 years C) 3 year D) 4 years
5. Find the C.I on Rs 20000 for 1½ year at 10% per annum when compounded semi-annually
A) 3200.5 B) 3152.5 C) 3125.5 D) 3251.5
6. The difference between simple interest and the compound interest on Rs. 1600 for 1 year at 11% per annum
is:
A) 60 B) 15 C) 70 D) 0
7. A sum of Rs. 32000 invested at 20% per annum compounded quarterly amounts to Rs. 5044 then the time
period is :
A) 18 months B) 6 months C) 15 months D) 9 months
8. In what time a capital becomes four times for S.I. at the interest rate of 15 %
A) 20 years B) 30 years C) 40 years D) 50 years
9. A sum of money doubles itself at compound interest in 14 years. In howmany years will it become 16
times
A) 70years B) 28 years C) 84 years D) 56 years
10. Victor purchased a second hand motor bike from his close friend Harry for Rs.40000 on credit. If he pays
the interest for the first year at the rate of 8% and for the second year at the rate of 10%. The cost of bike
for Victor if he pays the amount after two years
A) 47520 B) 48540 C) 46520 D) 44520
11. Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5% per annum.
How much Albert will get on the maturity of the fixed deposit.
A) Rs. 8510 B) Rs. 8620 C) Rs. 8730 D) Rs. 8820
12. Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually
A) Rs. 312 B) Rs. 412 C) Rs. 512 D) Rs. 612
13. If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what will be the compound
interest on same values
A) Rs. 51.75 B) Rs. 51.50 C) Rs. 51.25 D) Rs. 51
14. In what time will Rs. 1000 become Rs. 1331 at 10% per annum compounded annually
A) 2 years B) 3 years C) 4 years D) 5 years
FN22M/TP/ 2 FN - Chemistry

15. On a sum of money, simple interest for 2 years is Rs. 660 and compound interest is Rs. 696.30, the rate of
interest being the same in both cases.
A) 8% B) 9% C) 10% D) 11%
16. The difference between simple and compound interests compounded annually on a certain sum of money
for 2 years at 4% per annum is Rs. 1. The sum (in Rs.) is:
A) 625 B) 630 C) 640 D) 650
17. The value of an article which was purchased 2 years ago, depreciates at 12% per annum. If is present value
is R. 9680, the price at which it was purchased is
A) Rs. 10,000 B) Rs. 12,500 C) Rs. 14,575 D) Rs. 16,250
18. The CI on a certain sun for 2 years at 10% per annum is Rs. 525. The 81 on the same sum for double the
time at half the rate percent per annum is
A) Rs. 400 B) Rs. 500 C) Rs. 600 D) Rs. 800
19. A sum of money doubles itself in 3 years at CI,, when the interest is compounded annually. In how many
years will it amount to 16 times of itself?
A) 6 years B) 8 years C) 12 years D) 16 years
20. Find the amount of Rs. 12500 for 2 years compounded annually, the rate of interest being 15% for the first
year and 16% for the second year
A) Rs. 16500 B) Rs. 16750 C) Rs. 16675 D) None
21. A sum of money doubles itself at C. I in 10 years. In how many years will it become eight times?
A) 30 years B) 20 years C) 40 years D) 50 years
22. In case of C. I , the principal
A) Decreases every year B) Increases every year
C) Remains constant throughout the loan period D) Decreases for 1st year and then increases
23. In what time will Rs. 1000 amount to Rs.1331 at 10% per annum, compounded annually?
A) 6 years B) 5 years C) 3 years D) 4 years

1
24. The C,1 on Rs 2800 for 1 years at 10% per annum is
2
A) 434 B) 441.25 C) 400 D) 400.25
25. At what rate of C.I per annum will a sum of Rs. 2500 becomes Rs. 2700 in 2 years
A) 3% B) 4% C) 5% D) 6%
26. 6 pipes are required to fill a tank in 1hour 20 minutes. How long will it take if only 5 pipes of the same type
are used?
A) 96 B) 82 C) 86 D) 90
27. Imran bought 40 toys each cost Rs 14 .How many toys Imran can buy at Rs 8 each from the same amount?
A) 65 B) 70 C) 25 D) 50
28. 8 men can do a piece of work in 10 days. How long will 10 men take?
A) 12 days B) 8 days C) 7 days D) 6 days
29. If 100 students take 20 days to complete the project how much time will be taken by 125 students?
A) 63 B) 16 C) 25 D) 7
30. If 36 men can do a piece of work in 25 days, in how many days will 15 men do it?
A) 50 B) 56 C) 60 D) 72
Name ................................................
FOUNDATION PROGRAMME-ONLINE
Batch.................... Roll No. ...............
17 - 12 - 2022
MATHEMATICS
FN22M/TP/ Class - VIII
Compound Interest
(ONLINE)

1. C
2. D
3. A
4. B
5. B
6. D
7. D
8. A
9. D
10. A

11. D

12. D

13. C

14. B
15. D

16. A

17. B
18. B
19. C
20. C
21. A
22. B
23. C
24. A
25. B
26. C
27. B
28. B
29. B
30. C