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 ₹20000.00, ROI is 7.00% p.a., no of year(s) is 5 computed annually, then the difference of compound and simple interest =

(i)

₹1050.03
(ii)

₹1051.03
(iii)

₹1053.03
(iv)

₹1052.03
(v)

₹1049.03

Question 2

2.

If principal is ₹18000.00, ROI is 4.00% p.a., no of year(s) is 4 computed half yearly, then the difference of compound and simple interest =

(i)

₹209.87
(ii)

₹207.87
(iii)

₹211.87
(iv)

₹208.87
(v)

₹210.87

Question 3

3.

If principal is ₹8000.00, ROI is 7.00% p.a., no of year(s) is 5 computed quarterly, then the difference of compound and simple interest =

(i)

₹516.23
(ii)

₹517.23
(iii)

₹520.23
(iv)

₹518.23
(v)

₹519.23

Question 4

4.

If principal is ₹11000.00, ROI is 2.00% p.a., no of year(s) is 4 computed bi-monthly, then the difference of compound and simple interest =

(i)

₹33.57
(ii)

₹32.57
(iii)

₹34.57
(iv)

₹35.57
(v)

₹36.57

Question 5

5.

If the difference of compound and simple interest on a certain principal is ₹57.60 for ROI 8.00% p.a. and no of year(s) 2 computed annually, then the principal =

(i)

₹8999.00
(ii)

₹8998.00
(iii)

₹9002.00
(iv)

₹9000.00
(v)

₹9001.00

Question 6

6.

If the difference of compound and simple interest on a certain principal is ₹6.64 for ROI 2.00% p.a. and no of year(s) 2 computed half yearly, then the principal =

(i)

₹11002.00
(ii)

₹10998.00
(iii)

₹11000.00
(iv)

₹10999.00
(v)

₹11001.00

Question 7

7.

If the difference of compound and simple interest on a certain principal is ₹44.06 for ROI 2.00% p.a. and no of year(s) 5 computed quarterly, then the principal =

(i)

₹9002.00
(ii)

₹9000.00
(iii)

₹9001.00
(iv)

₹8999.00
(v)

₹8998.00

Question 8

8.

If the difference of compound and simple interest on a certain principal is ₹267.70 for ROI 4.00% p.a. and no of year(s) 5 computed bi-monthly, then the principal =

(i)

₹13002.00
(ii)

₹12999.00
(iii)

₹12998.00
(iv)

₹13001.00
(v)

₹13000.00

Question 9

9.

If the simple interest on a certain principal is ₹1920.00 for 2 year(s) at ROI 8.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =

(i)

₹1997.80
(ii)

₹1998.80
(iii)

₹1994.80
(iv)

₹1995.80
(v)

₹1996.80

Question 10

10.

If the simple interest on a certain principal is ₹1400.00 for 2 year(s) at ROI 7.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹1475.23
(ii)

₹1474.23
(iii)

₹1473.23
(iv)

₹1476.23
(v)

₹1477.23

Question 11

11.

If the simple interest on a certain principal is ₹2880.00 for 3 year(s) at ROI 8.00% p.a. computed quarterly, then the compound interest for the same principal, terms and ROI =

(i)

₹3219.90
(ii)

₹3216.90
(iii)

₹3217.90
(iv)

₹3218.90
(v)

₹3220.90

Question 12

12.

If the simple interest on a certain principal is ₹3600.00 for 4 year(s) at ROI 6.00% p.a. computed bi-monthly, then the compound interest for the same principal, terms and ROI =

(i)

₹4044.02
(ii)

₹4047.02
(iii)

₹4048.02
(iv)

₹4046.02
(v)

₹4045.02

Question 13

13.

If the compound interest on a certain principal is ₹1769.37 for 5 year(s) at ROI 2.00% p.a. computed annually, then the simple interest for the same principal, terms and ROI =

(i)

₹1701.00
(ii)

₹1702.00
(iii)

₹1699.00
(iv)

₹1698.00
(v)

₹1700.00

Question 14

14.

If the compound interest on a certain principal is ₹7161.83 for 4 year(s) at ROI 10.00% p.a. computed half yearly, then the simple interest for the same principal, terms and ROI =

(i)

₹5999.00
(ii)

₹5998.00
(iii)

₹6000.00
(iv)

₹6002.00
(v)

₹6001.00

Question 15

15.

If the compound interest on a certain principal is ₹1495.28 for 4 year(s) at ROI 2.00% p.a. computed quarterly, then the simple interest for the same principal, terms and ROI =

(i)

₹1438.00
(ii)

₹1440.00
(iii)

₹1441.00
(iv)

₹1439.00
(v)

₹1442.00

Question 16

16.

If the compound interest on a certain principal is ₹1173.71 for 2 year(s) at ROI 9.00% p.a. computed bi-monthly, then the simple interest for the same principal, terms and ROI =

(i)

₹1082.00
(ii)

₹1078.00
(iii)

₹1081.00
(iv)

₹1079.00
(v)

₹1080.00

Question 17

17.

If the simple interest on a certain principal is ₹2200.00 for 2 year(s) at ROI 10.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 3 year(s)?

(i)

₹3300.00
(ii)

₹3302.00
(iii)

₹3298.00
(iv)

₹3299.00
(v)

₹3301.00

Question 18

18.

If the simple interest on a certain principal is ₹500.00 for 5 year(s) at ROI 2.00% p.a. computed half yearly, then what is the simple interest for the same principal and ROI for 3 year(s)?

(i)

₹298.00
(ii)

₹299.00
(iii)

₹302.00
(iv)

₹301.00
(v)

₹300.00

Question 19

19.

If the simple interest on a certain principal is ₹5850.00 for 5 year(s) at ROI 9.00% p.a. computed quarterly, then what is the simple interest for the same principal and ROI for 4 year(s)?

(i)

₹4680.00
(ii)

₹4682.00
(iii)

₹4678.00
(iv)

₹4679.00
(v)

₹4681.00

Question 20

20.

If the simple interest on a certain principal is ₹800.00 for 4 year(s) at ROI 2.00% p.a. computed bi-monthly, then what is the simple interest for the same principal and ROI for 2 year(s)?

(i)

₹402.00
(ii)

₹399.00
(iii)

₹398.00
(iv)

₹401.00
(v)

₹400.00

Assignment Key