EduSahara™ Assignment
Name : Compound Interest Computed Quarterly
Chapter : Compound Interest
Grade : ICSE Grade IX
License : Non Commercial Use
Question 1
1.
If principal is ₹14000.00, ROI is 3.00% p.a., no of year(s) is 4 and interest type is compound interest computed quarterly, then interest is
  • (i)
    ₹1779.89
  • (ii)
    ₹1776.89
  • (iii)
    ₹1777.89
  • (iv)
    ₹1775.89
  • (v)
    ₹1778.89
Question 2
2.
If principal is ₹9000.00, ROI is 8.00% p.a., no of year(s) is 3 and interest type is compound interest computed quarterly, then amount is
  • (i)
    ₹11414.18
  • (ii)
    ₹11416.18
  • (iii)
    ₹11415.18
  • (iv)
    ₹11413.18
  • (v)
    ₹11412.18
Question 3
3.
If ROI is 5.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹1044.86 computed quarterly, then principal is
  • (i)
    ₹10001.00
  • (ii)
    ₹10002.00
  • (iii)
    ₹9999.00
  • (iv)
    ₹9998.00
  • (v)
    ₹10000.00
Question 4
4.
If ROI is 7.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹2530.99 computed quarterly, then amount is
  • (i)
    ₹19529.99
  • (ii)
    ₹19530.99
  • (iii)
    ₹19532.99
  • (iv)
    ₹19528.99
  • (v)
    ₹19531.99
Question 5
5.
If principal is ₹16000.00, no of year(s) is 2 and accumulated compound interest computed quarterly is ₹2023.88, then ROI per annum is
  • (i)
    7.00%
  • (ii)
    5.00%
  • (iii)
    8.00%
  • (iv)
    6.00%
  • (v)
    4.00%
Question 6
6.
If principal is ₹10000.00, no of year(s) is 4 and accumulated compound interest computed quarterly is ₹4845.06, then amount is
  • (i)
    ₹14845.06
  • (ii)
    ₹14843.06
  • (iii)
    ₹14844.06
  • (iv)
    ₹14846.06
  • (v)
    ₹14847.06
Question 7
7.
If principal is ₹6000.00, ROI is 6.00% p.a. and accumulated compound interest computed quarterly is ₹758.96, then no of years is
  • (i)
    4
  • (ii)
    3
  • (iii)
    1
  • (iv)
    5
  • (v)
    2
Question 8
8.
If principal is ₹13000.00, ROI is 2.00% p.a. and accumulated compound interest computed quarterly is ₹1079.92, then amount is
  • (i)
    ₹14078.92
  • (ii)
    ₹14077.92
  • (iii)
    ₹14080.92
  • (iv)
    ₹14081.92
  • (v)
    ₹14079.92
Question 9
9.
If principal is ₹5000.00 and compound interest amount is ₹5974.16 for 2 year(s) computed quarterly, then interest is
  • (i)
    ₹972.16
  • (ii)
    ₹975.16
  • (iii)
    ₹976.16
  • (iv)
    ₹974.16
  • (v)
    ₹973.16
Question 10
10.
If principal is ₹7000.00 and compound interest amount is ₹11470.32 for 5 year(s) computed quarterly, then ROI per annum is
  • (i)
    12.00%
  • (ii)
    10.00%
  • (iii)
    11.00%
  • (iv)
    9.00%
  • (v)
    8.00%
Question 11
11.
If the compound interest amount for a certain principal is ₹7319.34 for 4 year(s) at an ROI of 5.00% p.a. computed quarterly, then principal is
  • (i)
    ₹6000.00
  • (ii)
    ₹6002.00
  • (iii)
    ₹6001.00
  • (iv)
    ₹5999.00
  • (v)
    ₹5998.00
Question 12
12.
If the compound interest amount for a certain principal is ₹20282.85 for 3 year(s) at an ROI of 4.00% p.a. computed quarterly, then interest is
  • (i)
    ₹2283.85
  • (ii)
    ₹2284.85
  • (iii)
    ₹2282.85
  • (iv)
    ₹2280.85
  • (v)
    ₹2281.85
Question 13
13.
    • If the compound interest on a certain principal is ₹307.99 for 2 year(s) at ROI 3.00% p.a. computed quarterly, then what is the compound interest for the same principal and ROI for 5 year(s)?
  • (i)
    ₹805.92
  • (ii)
    ₹803.92
  • (iii)
    ₹804.92
  • (iv)
    ₹806.92
  • (v)
    ₹807.92
Question 14
14.
    • If the compound interest on a certain principal is ₹497.14 for 2 year(s) at ROI 4.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 2.00% p.a. ROI?
  • (i)
    ₹242.24
  • (ii)
    ₹246.24
  • (iii)
    ₹244.24
  • (iv)
    ₹245.24
  • (v)
    ₹243.24
Question 15
15.
    • If the compound interest on a certain principal is ₹1934.21 for 5 year(s) at ROI 3.00% p.a. computed quarterly, then what is the compound interest for the same principal at 4.00% p.a. ROI and duration 2 year(s)?
  • (i)
    ₹992.28
  • (ii)
    ₹993.28
  • (iii)
    ₹994.28
  • (iv)
    ₹996.28
  • (v)
    ₹995.28
Question 16
16.
    • Calculate the amount on
    • ₹10000.00
    • for
    • 5
    • years
    • 4
    • months
    • at
    • 5.00% p.a.
    • compounded
    • quarterly
  • (i)
    ₹13036.71
  • (ii)
    ₹13034.71
  • (iii)
    ₹13033.71
  • (iv)
    ₹13032.71
  • (v)
    ₹13035.71
Question 17
17.
    • Calculate the amount on
    • ₹20000.00
    • for
    • 3
      7
      12
    • years
    • at
    • 9.00% p.a.
    • compounded
    • quarterly
  • (i)
    ₹27515.49
  • (ii)
    ₹27512.49
  • (iii)
    ₹27516.49
  • (iv)
    ₹27513.49
  • (v)
    ₹27514.49
Question 18
18.
    • If principal is ₹20000.00, ROI is 2.00% p.a., no of year(s) is 2 computed quarterly, then the difference of compound and simple interest =
  • (i)
    ₹15.14
  • (ii)
    ₹13.14
  • (iii)
    ₹14.14
  • (iv)
    ₹12.14
  • (v)
    ₹16.14
Question 19
19.
    • If the difference of compound and simple interest on a certain principal is ₹13.42 for ROI 2.00% p.a. and no of year(s) 3 computed quarterly, then the principal =
  • (i)
    ₹8001.00
  • (ii)
    ₹8000.00
  • (iii)
    ₹7999.00
  • (iv)
    ₹7998.00
  • (v)
    ₹8002.00
    Assignment Key
  •  1) (iii)
  •  2) (i)
  •  3) (v)
  •  4) (ii)
  •  5) (iv)
  •  6) (i)
  •  7) (v)
  •  8) (v)
  •  9) (iv)
  •  10) (ii)
  •  11) (i)
  •  12) (iii)
  •  13) (i)
  •  14) (iii)
  •  15) (iii)
  •  16) (ii)
  •  17) (v)
  •  18) (iii)
  •  19) (ii)