EduSahara™ Assignment
Name : Compound Interest Computed Quarterly
Chapter : Compound Interest
Grade : ICSE Grade IX
License : Non Commercial Use
Question 1
1.
If principal is ₹20000.00, ROI is 6.00% p.a., no of year(s) is 4 and interest type is compound interest computed quarterly, then interest is
  • (i)
    ₹5377.71
  • (ii)
    ₹5378.71
  • (iii)
    ₹5381.71
  • (iv)
    ₹5379.71
  • (v)
    ₹5380.71
Question 2
2.
If principal is ₹17000.00, ROI is 9.00% p.a., no of year(s) is 5 and interest type is compound interest computed quarterly, then amount is
  • (i)
    ₹26527.66
  • (ii)
    ₹26530.66
  • (iii)
    ₹26528.66
  • (iv)
    ₹26529.66
  • (v)
    ₹26526.66
Question 3
3.
If ROI is 5.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹2572.07 computed quarterly, then principal is
  • (i)
    ₹15999.00
  • (ii)
    ₹16001.00
  • (iii)
    ₹16000.00
  • (iv)
    ₹15998.00
  • (v)
    ₹16002.00
Question 4
4.
If ROI is 10.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹1310.42 computed quarterly, then amount is
  • (i)
    ₹7310.42
  • (ii)
    ₹7312.42
  • (iii)
    ₹7309.42
  • (iv)
    ₹7308.42
  • (v)
    ₹7311.42
Question 5
5.
If principal is ₹19000.00, no of year(s) is 2 and accumulated compound interest computed quarterly is ₹3701.79, then ROI per annum is
  • (i)
    10.00%
  • (ii)
    9.00%
  • (iii)
    11.00%
  • (iv)
    7.00%
  • (v)
    8.00%
Question 6
6.
If principal is ₹14000.00, no of year(s) is 3 and accumulated compound interest computed quarterly is ₹2738.65, then amount is
  • (i)
    ₹16739.65
  • (ii)
    ₹16740.65
  • (iii)
    ₹16737.65
  • (iv)
    ₹16738.65
  • (v)
    ₹16736.65
Question 7
7.
If principal is ₹5000.00, ROI is 9.00% p.a. and accumulated compound interest computed quarterly is ₹2802.55, then no of years is
  • (i)
    7
  • (ii)
    6
  • (iii)
    5
  • (iv)
    4
  • (v)
    3
Question 8
8.
If principal is ₹15000.00, ROI is 2.00% p.a. and accumulated compound interest computed quarterly is ₹1246.07, then amount is
  • (i)
    ₹16247.07
  • (ii)
    ₹16246.07
  • (iii)
    ₹16245.07
  • (iv)
    ₹16248.07
  • (v)
    ₹16244.07
Question 9
9.
If principal is ₹13000.00 and compound interest amount is ₹13800.79 for 2 year(s) computed quarterly, then interest is
  • (i)
    ₹798.79
  • (ii)
    ₹802.79
  • (iii)
    ₹800.79
  • (iv)
    ₹801.79
  • (v)
    ₹799.79
Question 10
10.
If principal is ₹20000.00 and compound interest amount is ₹21661.42 for 4 year(s) computed quarterly, then ROI per annum is
  • (i)
    0.00%
  • (ii)
    1.00%
  • (iii)
    2.00%
  • (iv)
    4.00%
  • (v)
    3.00%
Question 11
11.
If the compound interest amount for a certain principal is ₹13468.55 for 5 year(s) at an ROI of 6.00% p.a. computed quarterly, then principal is
  • (i)
    ₹10000.00
  • (ii)
    ₹10002.00
  • (iii)
    ₹9998.00
  • (iv)
    ₹10001.00
  • (v)
    ₹9999.00
Question 12
12.
If the compound interest amount for a certain principal is ₹11911.42 for 2 year(s) at an ROI of 4.00% p.a. computed quarterly, then interest is
  • (i)
    ₹910.42
  • (ii)
    ₹909.42
  • (iii)
    ₹912.42
  • (iv)
    ₹913.42
  • (v)
    ₹911.42
Question 13
13.
    • If the compound interest on a certain principal is ₹2901.31 for 5 year(s) at ROI 3.00% p.a. computed quarterly, then what is the compound interest for the same principal and ROI for 6 year(s)?
  • (i)
    ₹3535.44
  • (ii)
    ₹3533.44
  • (iii)
    ₹3537.44
  • (iv)
    ₹3536.44
  • (v)
    ₹3534.44
Question 14
14.
    • If the compound interest on a certain principal is ₹2918.21 for 2 year(s) at ROI 8.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 7.00% p.a. ROI?
  • (i)
    ₹2529.99
  • (ii)
    ₹2530.99
  • (iii)
    ₹2531.99
  • (iv)
    ₹2528.99
  • (v)
    ₹2532.99
Question 15
15.
    • If the compound interest on a certain principal is ₹2958.84 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 3 year(s)?
  • (i)
    ₹3793.78
  • (ii)
    ₹3792.78
  • (iii)
    ₹3791.78
  • (iv)
    ₹3795.78
  • (v)
    ₹3794.78
Question 16
16.
    • Calculate the amount on
    • ₹20000.00
    • for
    • 3
    • years
    • 2
    • months
    • at
    • 8.00% p.a.
    • compounded
    • quarterly
  • (i)
    ₹25704.03
  • (ii)
    ₹25702.03
  • (iii)
    ₹25701.03
  • (iv)
    ₹25703.03
  • (v)
    ₹25705.03
Question 17
17.
    • Calculate the amount on
    • ₹18000.00
    • for
    • 2
      3
      4
    • years
    • at
    • 2.00% p.a.
    • compounded
    • quarterly
  • (i)
    ₹19013.12
  • (ii)
    ₹19016.12
  • (iii)
    ₹19014.12
  • (iv)
    ₹19017.12
  • (v)
    ₹19015.12
Question 18
18.
    • If principal is ₹16000.00, ROI is 9.00% p.a., no of year(s) is 3 computed quarterly, then the difference of compound and simple interest =
  • (i)
    ₹576.80
  • (ii)
    ₹577.80
  • (iii)
    ₹578.80
  • (iv)
    ₹575.80
  • (v)
    ₹574.80
Question 19
19.
    • If the difference of compound and simple interest on a certain principal is ₹22.84 for ROI 3.00% p.a. and no of year(s) 3 computed quarterly, then the principal =
  • (i)
    ₹5998.00
  • (ii)
    ₹6002.00
  • (iii)
    ₹5999.00
  • (iv)
    ₹6000.00
  • (v)
    ₹6001.00
    Assignment Key
  •  1) (iv)
  •  2) (iii)
  •  3) (iii)
  •  4) (i)
  •  5) (ii)
  •  6) (iv)
  •  7) (iii)
  •  8) (ii)
  •  9) (iii)
  •  10) (iii)
  •  11) (i)
  •  12) (v)
  •  13) (i)
  •  14) (ii)
  •  15) (i)
  •  16) (iv)
  •  17) (v)
  •  18) (i)
  •  19) (iv)