EduSahara™ Worksheet

EduSahara™ Assignment

Name : Simple and Compound Interest

Chapter : Compound Interest

Grade : ICSE Grade X

License : Non Commercial Use

Question 1

1.

If principal is ₹15000.00, ROI is 10.00% p.a., no of year(s) is 5 computed annually, then the difference of compound and simple interest =

(i)

₹1659.65
(ii)

₹1657.65
(iii)

₹1655.65
(iv)

₹1656.65
(v)

₹1658.65

Question 2

2.

If principal is ₹17000.00, ROI is 5.00% p.a., no of year(s) is 3 computed half yearly, then the difference of compound and simple interest =

(i)

₹165.79
(ii)

₹166.79
(iii)

₹164.79
(iv)

₹163.79
(v)

₹162.79

Question 3

3.

If principal is ₹19000.00, ROI is 4.00% p.a., no of year(s) is 4 computed quarterly, then the difference of compound and simple interest =

(i)

₹238.99
(ii)

₹236.99
(iii)

₹237.99
(iv)

₹240.99
(v)

₹239.99

Question 4

4.

If principal is ₹7000.00, ROI is 9.00% p.a., no of year(s) is 4 computed bi-monthly, then the difference of compound and simple interest =

(i)

₹488.52
(ii)

₹484.52
(iii)

₹485.52
(iv)

₹486.52
(v)

₹487.52

Question 5

5.

If the difference of compound and simple interest on a certain principal is ₹567.40 for ROI 9.00% p.a. and no of year(s) 4 computed annually, then the principal =

(i)

₹11002.00
(ii)

₹10999.00
(iii)

₹10998.00
(iv)

₹11000.00
(v)

₹11001.00

Question 6

6.

If the difference of compound and simple interest on a certain principal is ₹129.85 for ROI 3.00% p.a. and no of year(s) 4 computed half yearly, then the principal =

(i)

₹20000.00
(ii)

₹20002.00
(iii)

₹19998.00
(iv)

₹20001.00
(v)

₹19999.00

Question 7

7.

If the difference of compound and simple interest on a certain principal is ₹190.13 for ROI 3.00% p.a. and no of year(s) 5 computed quarterly, then the principal =

(i)

₹17001.00
(ii)

₹16999.00
(iii)

₹16998.00
(iv)

₹17000.00
(v)

₹17002.00

Question 8

8.

If the difference of compound and simple interest on a certain principal is ₹56.99 for ROI 4.00% p.a. and no of year(s) 2 computed bi-monthly, then the principal =

(i)

₹18999.00
(ii)

₹19000.00
(iii)

₹19002.00
(iv)

₹19001.00
(v)

₹18998.00

Question 9

9.

If the simple interest on a certain principal is ₹520.00 for 2 year(s) at ROI 2.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =

(i)

₹527.20
(ii)

₹525.20
(iii)

₹524.20
(iv)

₹523.20
(v)

₹526.20

Question 10

10.

If the simple interest on a certain principal is ₹1000.00 for 5 year(s) at ROI 2.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹1044.22
(ii)

₹1046.22
(iii)

₹1048.22
(iv)

₹1045.22
(v)

₹1047.22

Question 11

11.

If the simple interest on a certain principal is ₹4000.00 for 5 year(s) at ROI 8.00% p.a. computed quarterly, then the compound interest for the same principal, terms and ROI =

(i)

₹4858.47
(ii)

₹4861.47
(iii)

₹4857.47
(iv)

₹4860.47
(v)

₹4859.47

Question 12

12.

If the simple interest on a certain principal is ₹3420.00 for 2 year(s) at ROI 9.00% p.a. computed bi-monthly, then the compound interest for the same principal, terms and ROI =

(i)

₹3717.75
(ii)

₹3715.75
(iii)

₹3714.75
(iv)

₹3716.75
(v)

₹3718.75

Question 13

13.

If the compound interest on a certain principal is ₹3220.41 for 5 year(s) at ROI 7.00% p.a. computed annually, then the simple interest for the same principal, terms and ROI =

(i)

₹2798.00
(ii)

₹2802.00
(iii)

₹2800.00
(iv)

₹2799.00
(v)

₹2801.00

Question 14

14.

If the compound interest on a certain principal is ₹5440.68 for 3 year(s) at ROI 9.00% p.a. computed half yearly, then the simple interest for the same principal, terms and ROI =

(i)

₹4862.00
(ii)

₹4860.00
(iii)

₹4859.00
(iv)

₹4861.00
(v)

₹4858.00

Question 15

15.

If the compound interest on a certain principal is ₹1412.21 for 4 year(s) at ROI 2.00% p.a. computed quarterly, then the simple interest for the same principal, terms and ROI =

(i)

₹1361.00
(ii)

₹1362.00
(iii)

₹1359.00
(iv)

₹1358.00
(v)

₹1360.00

Question 16

16.

If the compound interest on a certain principal is ₹415.00 for 2 year(s) at ROI 4.00% p.a. computed bi-monthly, then the simple interest for the same principal, terms and ROI =

(i)

₹398.00
(ii)

₹402.00
(iii)

₹400.00
(iv)

₹399.00
(v)

₹401.00

Question 17

17.

If the simple interest on a certain principal is ₹3000.00 for 4 year(s) at ROI 5.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 5 year(s)?

(i)

₹3752.00
(ii)

₹3750.00
(iii)

₹3748.00
(iv)

₹3751.00
(v)

₹3749.00

Question 18

18.

If the simple interest on a certain principal is ₹3360.00 for 3 year(s) at ROI 7.00% p.a. computed half yearly, then what is the simple interest for the same principal and ROI for 5 year(s)?

(i)

₹5598.00
(ii)

₹5599.00
(iii)

₹5601.00
(iv)

₹5600.00
(v)

₹5602.00

Question 19

19.

If the simple interest on a certain principal is ₹3600.00 for 3 year(s) at ROI 8.00% p.a. computed quarterly, then what is the simple interest for the same principal and ROI for 4 year(s)?

(i)

₹4799.00
(ii)

₹4802.00
(iii)

₹4800.00
(iv)

₹4798.00
(v)

₹4801.00

Question 20

20.

If the simple interest on a certain principal is ₹840.00 for 2 year(s) at ROI 3.00% p.a. computed bi-monthly, then what is the simple interest for the same principal and ROI for 3 year(s)?

(i)

₹1261.00
(ii)

₹1260.00
(iii)

₹1259.00
(iv)

₹1262.00
(v)

₹1258.00

Assignment Key