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 ₹17000.00, ROI is 10.00% p.a., no of year(s) is 3 computed annually, then the difference of compound and simple interest =

(i)

₹527.00
(ii)

₹528.00
(iii)

₹525.00
(iv)

₹529.00
(v)

₹526.00

Question 2

2.

If principal is ₹19000.00, ROI is 3.00% p.a., no of year(s) is 3 computed half yearly, then the difference of compound and simple interest =

(i)

₹66.42
(ii)

₹67.42
(iii)

₹65.42
(iv)

₹64.42
(v)

₹63.42

Question 3

3.

If principal is ₹15000.00, ROI is 9.00% p.a., no of year(s) is 5 computed quarterly, then the difference of compound and simple interest =

(i)

₹1659.64
(ii)

₹1658.64
(iii)

₹1657.64
(iv)

₹1656.64
(v)

₹1655.64

Question 4

4.

If principal is ₹20000.00, ROI is 8.00% p.a., no of year(s) is 3 computed bi-monthly, then the difference of compound and simple interest =

(i)

₹585.69
(ii)

₹584.69
(iii)

₹583.69
(iv)

₹582.69
(v)

₹586.69

Question 5

5.

If the difference of compound and simple interest on a certain principal is ₹183.97 for ROI 5.00% p.a. and no of year(s) 5 computed annually, then the principal =

(i)

₹6999.00
(ii)

₹7002.00
(iii)

₹7001.00
(iv)

₹7000.00
(v)

₹6998.00

Question 6

6.

If the difference of compound and simple interest on a certain principal is ₹13.68 for ROI 2.00% p.a. and no of year(s) 3 computed half yearly, then the principal =

(i)

₹9001.00
(ii)

₹9000.00
(iii)

₹8998.00
(iv)

₹8999.00
(v)

₹9002.00

Question 7

7.

If the difference of compound and simple interest on a certain principal is ₹23.98 for ROI 3.00% p.a. and no of year(s) 2 computed quarterly, then the principal =

(i)

₹15001.00
(ii)

₹14998.00
(iii)

₹15002.00
(iv)

₹14999.00
(v)

₹15000.00

Question 8

8.

If the difference of compound and simple interest on a certain principal is ₹91.20 for ROI 3.00% p.a. and no of year(s) 5 computed bi-monthly, then the principal =

(i)

₹8002.00
(ii)

₹8000.00
(iii)

₹7998.00
(iv)

₹8001.00
(v)

₹7999.00

Question 9

9.

If the simple interest on a certain principal is ₹4480.00 for 4 year(s) at ROI 7.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =

(i)

₹4971.74
(ii)

₹4973.74
(iii)

₹4974.74
(iv)

₹4972.74
(v)

₹4970.74

Question 10

10.

If the simple interest on a certain principal is ₹1120.00 for 2 year(s) at ROI 8.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹1189.01
(ii)

₹1188.01
(iii)

₹1190.01
(iv)

₹1191.01
(v)

₹1187.01

Question 11

11.

If the simple interest on a certain principal is ₹3600.00 for 5 year(s) at ROI 8.00% p.a. computed quarterly, then the compound interest for the same principal, terms and ROI =

(i)

₹4375.53
(ii)

₹4371.53
(iii)

₹4372.53
(iv)

₹4373.53
(v)

₹4374.53

Question 12

12.

If the simple interest on a certain principal is ₹4320.00 for 4 year(s) at ROI 9.00% p.a. computed bi-monthly, then the compound interest for the same principal, terms and ROI =

(i)

₹5153.03
(ii)

₹5156.03
(iii)

₹5154.03
(iv)

₹5155.03
(v)

₹5152.03

Question 13

13.

If the compound interest on a certain principal is ₹2049.13 for 3 year(s) at ROI 5.00% p.a. computed annually, then the simple interest for the same principal, terms and ROI =

(i)

₹1949.00
(ii)

₹1948.00
(iii)

₹1950.00
(iv)

₹1951.00
(v)

₹1952.00

Question 14

14.

If the compound interest on a certain principal is ₹4533.90 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)

₹4052.00
(ii)

₹4051.00
(iii)

₹4049.00
(iv)

₹4048.00
(v)

₹4050.00

Question 15

15.

If the compound interest on a certain principal is ₹431.74 for 3 year(s) at ROI 2.00% p.a. computed quarterly, then the simple interest for the same principal, terms and ROI =

(i)

₹420.00
(ii)

₹419.00
(iii)

₹418.00
(iv)

₹422.00
(v)

₹421.00

Question 16

16.

If the compound interest on a certain principal is ₹839.90 for 5 year(s) at ROI 2.00% p.a. computed bi-monthly, then the simple interest for the same principal, terms and ROI =

(i)

₹800.00
(ii)

₹799.00
(iii)

₹801.00
(iv)

₹802.00
(v)

₹798.00

Question 17

17.

If the simple interest on a certain principal is ₹840.00 for 2 year(s) at ROI 3.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 5 year(s)?

(i)

₹2100.00
(ii)

₹2098.00
(iii)

₹2102.00
(iv)

₹2101.00
(v)

₹2099.00

Question 18

18.

If the simple interest on a certain principal is ₹840.00 for 4 year(s) at ROI 3.00% p.a. computed half yearly, then what is the simple interest for the same principal and ROI for 5 year(s)?

(i)

₹1051.00
(ii)

₹1048.00
(iii)

₹1049.00
(iv)

₹1052.00
(v)

₹1050.00

Question 19

19.

If the simple interest on a certain principal is ₹2240.00 for 2 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)

₹4481.00
(ii)

₹4480.00
(iii)

₹4478.00
(iv)

₹4479.00
(v)

₹4482.00

Question 20

20.

If the simple interest on a certain principal is ₹2240.00 for 4 year(s) at ROI 8.00% p.a. computed bi-monthly, then what is the simple interest for the same principal and ROI for 2 year(s)?

(i)

₹1120.00
(ii)

₹1119.00
(iii)

₹1121.00
(iv)

₹1118.00
(v)

₹1122.00

Assignment Key