EduSahara™ Assignment
Name : Simple and Compound Interest
Chapter : Compound Interest
Grade : ICSE Grade X
License : Non Commercial Use
Question 1
1.
    • If principal is ₹13000.00, ROI is 9.00% p.a., no of year(s) is 5 computed annually, then the difference of compound and simple interest =
  • (i)
    ₹1154.11
  • (ii)
    ₹1150.11
  • (iii)
    ₹1152.11
  • (iv)
    ₹1153.11
  • (v)
    ₹1151.11
Question 2
2.
    • If principal is ₹5000.00, ROI is 3.00% p.a., no of year(s) is 4 computed half yearly, then the difference of compound and simple interest =
  • (i)
    ₹30.46
  • (ii)
    ₹34.46
  • (iii)
    ₹33.46
  • (iv)
    ₹32.46
  • (v)
    ₹31.46
Question 3
3.
    • If principal is ₹15000.00, ROI is 6.00% p.a., no of year(s) is 4 computed quarterly, then the difference of compound and simple interest =
  • (i)
    ₹432.78
  • (ii)
    ₹436.78
  • (iii)
    ₹434.78
  • (iv)
    ₹433.78
  • (v)
    ₹435.78
Question 4
4.
    • If principal is ₹15000.00, ROI is 5.00% p.a., no of year(s) is 5 computed bi-monthly, then the difference of compound and simple interest =
  • (i)
    ₹492.44
  • (ii)
    ₹488.44
  • (iii)
    ₹491.44
  • (iv)
    ₹489.44
  • (v)
    ₹490.44
Question 5
5.
    • If the difference of compound and simple interest on a certain principal is ₹693.28 for ROI 8.00% p.a. and no of year(s) 5 computed annually, then the principal =
  • (i)
    ₹10001.00
  • (ii)
    ₹10000.00
  • (iii)
    ₹9998.00
  • (iv)
    ₹10002.00
  • (v)
    ₹9999.00
Question 6
6.
    • If the difference of compound and simple interest on a certain principal is ₹1544.54 for ROI 9.00% p.a. and no of year(s) 5 computed half yearly, then the principal =
  • (i)
    ₹15000.00
  • (ii)
    ₹15002.00
  • (iii)
    ₹14998.00
  • (iv)
    ₹15001.00
  • (v)
    ₹14999.00
Question 7
7.
    • If the difference of compound and simple interest on a certain principal is ₹320.37 for ROI 5.00% p.a. and no of year(s) 5 computed quarterly, then the principal =
  • (i)
    ₹10001.00
  • (ii)
    ₹9998.00
  • (iii)
    ₹10002.00
  • (iv)
    ₹9999.00
  • (v)
    ₹10000.00
Question 8
8.
    • If the difference of compound and simple interest on a certain principal is ₹140.56 for ROI 9.00% p.a. and no of year(s) 2 computed bi-monthly, then the principal =
  • (i)
    ₹8998.00
  • (ii)
    ₹9002.00
  • (iii)
    ₹8999.00
  • (iv)
    ₹9000.00
  • (v)
    ₹9001.00
Question 9
9.
    • If the simple interest on a certain principal is ₹2800.00 for 5 year(s) at ROI 8.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =
  • (i)
    ₹3283.30
  • (ii)
    ₹3284.30
  • (iii)
    ₹3286.30
  • (iv)
    ₹3287.30
  • (v)
    ₹3285.30
Question 10
10.
    • If the simple interest on a certain principal is ₹2100.00 for 5 year(s) at ROI 3.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =
  • (i)
    ₹2245.57
  • (ii)
    ₹2247.57
  • (iii)
    ₹2248.57
  • (iv)
    ₹2246.57
  • (v)
    ₹2249.57
Question 11
11.
    • If the simple interest on a certain principal is ₹4800.00 for 3 year(s) at ROI 10.00% p.a. computed quarterly, then the compound interest for the same principal, terms and ROI =
  • (i)
    ₹5518.22
  • (ii)
    ₹5519.22
  • (iii)
    ₹5516.22
  • (iv)
    ₹5520.22
  • (v)
    ₹5517.22
Question 12
12.
    • If the simple interest on a certain principal is ₹1440.00 for 3 year(s) at ROI 6.00% p.a. computed bi-monthly, then the compound interest for the same principal, terms and ROI =
  • (i)
    ₹1570.18
  • (ii)
    ₹1571.18
  • (iii)
    ₹1569.18
  • (iv)
    ₹1567.18
  • (v)
    ₹1568.18
Question 13
13.
    • If the compound interest on a certain principal is ₹1592.74 for 5 year(s) at ROI 3.00% p.a. computed annually, then the simple interest for the same principal, terms and ROI =
  • (i)
    ₹1498.00
  • (ii)
    ₹1502.00
  • (iii)
    ₹1500.00
  • (iv)
    ₹1501.00
  • (v)
    ₹1499.00
Question 14
14.
    • If the compound interest on a certain principal is ₹2667.70 for 4 year(s) at ROI 6.00% p.a. computed half yearly, then the simple interest for the same principal, terms and ROI =
  • (i)
    ₹2399.00
  • (ii)
    ₹2401.00
  • (iii)
    ₹2400.00
  • (iv)
    ₹2398.00
  • (v)
    ₹2402.00
Question 15
15.
    • If the compound interest on a certain principal is ₹5986.70 for 4 year(s) at ROI 9.00% p.a. computed quarterly, then the simple interest for the same principal, terms and ROI =
  • (i)
    ₹5039.00
  • (ii)
    ₹5042.00
  • (iii)
    ₹5041.00
  • (iv)
    ₹5040.00
  • (v)
    ₹5038.00
Question 16
16.
    • If the compound interest on a certain principal is ₹751.43 for 3 year(s) at ROI 3.00% p.a. computed bi-monthly, then the simple interest for the same principal, terms and ROI =
  • (i)
    ₹718.00
  • (ii)
    ₹720.00
  • (iii)
    ₹722.00
  • (iv)
    ₹719.00
  • (v)
    ₹721.00
Question 17
17.
    • If the simple interest on a certain principal is ₹1620.00 for 3 year(s) at ROI 3.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 4 year(s)?
  • (i)
    ₹2160.00
  • (ii)
    ₹2159.00
  • (iii)
    ₹2162.00
  • (iv)
    ₹2158.00
  • (v)
    ₹2161.00
Question 18
18.
    • If the simple interest on a certain principal is ₹6300.00 for 5 year(s) at ROI 9.00% p.a. computed half yearly, then what is the simple interest for the same principal and ROI for 2 year(s)?
  • (i)
    ₹2522.00
  • (ii)
    ₹2519.00
  • (iii)
    ₹2518.00
  • (iv)
    ₹2520.00
  • (v)
    ₹2521.00
Question 19
19.
    • If the simple interest on a certain principal is ₹4000.00 for 5 year(s) at ROI 4.00% p.a. computed quarterly, then what is the simple interest for the same principal and ROI for 6 year(s)?
  • (i)
    ₹4802.00
  • (ii)
    ₹4800.00
  • (iii)
    ₹4799.00
  • (iv)
    ₹4798.00
  • (v)
    ₹4801.00
Question 20
20.
    • If the simple interest on a certain principal is ₹1200.00 for 5 year(s) at ROI 2.00% p.a. computed bi-monthly, then what is the simple interest for the same principal and ROI for 6 year(s)?
  • (i)
    ₹1442.00
  • (ii)
    ₹1438.00
  • (iii)
    ₹1440.00
  • (iv)
    ₹1439.00
  • (v)
    ₹1441.00
    Assignment Key

  •  1) (iii)
  •  2) (iv)
  •  3) (iii)
  •  4) (v)
  •  5) (ii)
  •  6) (i)
  •  7) (v)
  •  8) (iv)
  •  9) (v)
  •  10) (ii)
  •  11) (i)
  •  12) (iii)
  •  13) (iii)
  •  14) (iii)
  •  15) (iv)
  •  16) (ii)
  •  17) (i)
  •  18) (iv)
  •  19) (ii)
  •  20) (iii)