EduSahara™ Assignment
Name : Compound Interest Computed Quarterly
Chapter : Compound Interest
Grade : ICSE Grade IX
License : Non Commercial Use
Question
1
1.
If principal is ₹6000.00, ROI is 9.00% p.a., no of year(s) is 3 and interest type is compound interest computed quarterly, then interest is
(i)
₹1837.30
(ii)
₹1834.30
(iii)
₹1838.30
(iv)
₹1836.30
(v)
₹1835.30
Question
2
2.
If principal is ₹17000.00, ROI is 7.00% p.a., no of year(s) is 5 and interest type is compound interest computed quarterly, then amount is
(i)
₹24053.23
(ii)
₹24051.23
(iii)
₹24052.23
(iv)
₹24050.23
(v)
₹24049.23
Question
3
3.
If ROI is 2.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹1678.33 computed quarterly, then principal is
(i)
₹15998.00
(ii)
₹16001.00
(iii)
₹16002.00
(iv)
₹16000.00
(v)
₹15999.00
Question
4
4.
If ROI is 3.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹1523.91 computed quarterly, then amount is
(i)
₹13524.91
(ii)
₹13525.91
(iii)
₹13523.91
(iv)
₹13522.91
(v)
₹13521.91
Question
5
5.
If principal is ₹8000.00, no of year(s) is 5 and accumulated compound interest computed quarterly is ₹2774.84, then ROI per annum is
(i)
8.00%
(ii)
4.00%
(iii)
5.00%
(iv)
7.00%
(v)
6.00%
Question
6
6.
If principal is ₹6000.00, no of year(s) is 2 and accumulated compound interest computed quarterly is ₹497.14, then amount is
(i)
₹6498.14
(ii)
₹6499.14
(iii)
₹6495.14
(iv)
₹6496.14
(v)
₹6497.14
Question
7
7.
If principal is ₹12000.00, ROI is 5.00% p.a. and accumulated compound interest computed quarterly is ₹2638.67, then no of years is
(i)
4
(ii)
2
(iii)
5
(iv)
3
(v)
6
Question
8
8.
If principal is ₹18000.00, ROI is 9.00% p.a. and accumulated compound interest computed quarterly is ₹10089.17, then amount is
(i)
₹28087.17
(ii)
₹28089.17
(iii)
₹28090.17
(iv)
₹28091.17
(v)
₹28088.17
Question
9
9.
If principal is ₹7000.00 and compound interest amount is ₹7581.50 for 4 year(s) computed quarterly, then interest is
(i)
₹580.50
(ii)
₹579.50
(iii)
₹583.50
(iv)
₹581.50
(v)
₹582.50
Question
10
10.
If principal is ₹13000.00 and compound interest amount is ₹17509.12 for 5 year(s) computed quarterly, then ROI per annum is
(i)
8.00%
(ii)
4.00%
(iii)
6.00%
(iv)
5.00%
(v)
7.00%
Question
11
11.
If the compound interest amount for a certain principal is ₹19663.40 for 5 year(s) at an ROI of 10.00% p.a. computed quarterly, then principal is
(i)
₹12002.00
(ii)
₹12001.00
(iii)
₹11999.00
(iv)
₹11998.00
(v)
₹12000.00
Question
12
12.
If the compound interest amount for a certain principal is ₹13151.80 for 3 year(s) at an ROI of 6.00% p.a. computed quarterly, then interest is
(i)
₹2150.80
(ii)
₹2149.80
(iii)
₹2152.80
(iv)
₹2153.80
(v)
₹2151.80
Question
13
13.
If the compound interest on a certain principal is ₹3129.89 for 3 year(s) at ROI 6.00% p.a. computed quarterly, then what is the compound interest for the same principal and ROI for 2 year(s)?
(i)
₹2025.88
(ii)
₹2021.88
(iii)
₹2023.88
(iv)
₹2022.88
(v)
₹2024.88
Question
14
14.
If the compound interest on a certain principal is ₹4368.06 for 2 year(s) at ROI 10.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 8.00% p.a. ROI?
(i)
₹3432.19
(ii)
₹3435.19
(iii)
₹3433.19
(iv)
₹3434.19
(v)
₹3431.19
Question
15
15.
If the compound interest on a certain principal is ₹2151.88 for 4 year(s) at ROI 6.00% p.a. computed quarterly, then what is the compound interest for the same principal at 10.00% p.a. ROI and duration 5 year(s)?
(i)
₹5109.93
(ii)
₹5110.93
(iii)
₹5107.93
(iv)
₹5106.93
(v)
₹5108.93
Question
16
16.
Calculate the amount on
₹15000.00
for
2
years
9
months
at
9.00% p.a.
compounded
quarterly
(i)
₹19157.66
(ii)
₹19159.66
(iii)
₹19161.66
(iv)
₹19158.66
(v)
₹19160.66
Question
17
17.
Calculate the amount on
₹14000.00
for
4
1
6
years
at
10.00% p.a.
compounded
quarterly
(i)
₹21130.46
(ii)
₹21129.46
(iii)
₹21127.46
(iv)
₹21131.46
(v)
₹21128.46
Question
18
18.
If principal is ₹11000.00, ROI is 8.00% p.a., no of year(s) is 4 computed quarterly, then the difference of compound and simple interest =
(i)
₹581.64
(ii)
₹578.64
(iii)
₹579.64
(iv)
₹582.64
(v)
₹580.64
Question
19
19.
If the difference of compound and simple interest on a certain principal is ₹88.82 for ROI 7.00% p.a. and no of year(s) 2 computed quarterly, then the principal =
(i)
₹10002.00
(ii)
₹9999.00
(iii)
₹9998.00
(iv)
₹10000.00
(v)
₹10001.00
Assignment Key
1) (iv)
2) (ii)
3) (iv)
4) (iii)
5) (v)
6) (v)
7) (i)
8) (ii)
9) (iv)
10) (iii)
11) (v)
12) (v)
13) (iii)
14) (iii)
15) (v)
16) (ii)
17) (ii)
18) (v)
19) (iv)
