EduSahara™ Assignment
Name : Compound Interest Computed Quarterly
Chapter : Compound Interest
Grade : ICSE Grade IX
License : Non Commercial Use
Question 1
1.
If principal is ₹17000.00, ROI is 8.00% p.a., no of year(s) is 3 and interest type is compound interest computed quarterly, then interest is
  • (i)
    ₹4558.11
  • (ii)
    ₹4561.11
  • (iii)
    ₹4562.11
  • (iv)
    ₹4560.11
  • (v)
    ₹4559.11
Question 2
2.
If principal is ₹14000.00, ROI is 5.00% p.a., no of year(s) is 2 and interest type is compound interest computed quarterly, then amount is
  • (i)
    ₹15463.81
  • (ii)
    ₹15460.81
  • (iii)
    ₹15462.81
  • (iv)
    ₹15461.81
  • (v)
    ₹15464.81
Question 3
3.
If ROI is 6.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹1264.93 computed quarterly, then principal is
  • (i)
    ₹10001.00
  • (ii)
    ₹9998.00
  • (iii)
    ₹10002.00
  • (iv)
    ₹9999.00
  • (v)
    ₹10000.00
Question 4
4.
If ROI is 10.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹1092.01 computed quarterly, then amount is
  • (i)
    ₹6094.01
  • (ii)
    ₹6090.01
  • (iii)
    ₹6093.01
  • (iv)
    ₹6092.01
  • (v)
    ₹6091.01
Question 5
5.
If principal is ₹7000.00, no of year(s) is 5 and accumulated compound interest computed quarterly is ₹1974.26, then ROI per annum is
  • (i)
    7.00%
  • (ii)
    3.00%
  • (iii)
    6.00%
  • (iv)
    5.00%
  • (v)
    4.00%
Question 6
6.
If principal is ₹12000.00, no of year(s) is 2 and accumulated compound interest computed quarterly is ₹2337.97, then amount is
  • (i)
    ₹14336.97
  • (ii)
    ₹14337.97
  • (iii)
    ₹14338.97
  • (iv)
    ₹14335.97
  • (v)
    ₹14339.97
Question 7
7.
If principal is ₹5000.00, ROI is 2.00% p.a. and accumulated compound interest computed quarterly is ₹308.39, then no of years is
  • (i)
    5
  • (ii)
    1
  • (iii)
    4
  • (iv)
    2
  • (v)
    3
Question 8
8.
If principal is ₹12000.00, ROI is 6.00% p.a. and accumulated compound interest computed quarterly is ₹4162.26, then amount is
  • (i)
    ₹16163.26
  • (ii)
    ₹16162.26
  • (iii)
    ₹16160.26
  • (iv)
    ₹16164.26
  • (v)
    ₹16161.26
Question 9
9.
If principal is ₹5000.00 and compound interest amount is ₹5803.77 for 3 year(s) computed quarterly, then interest is
  • (i)
    ₹803.77
  • (ii)
    ₹801.77
  • (iii)
    ₹802.77
  • (iv)
    ₹804.77
  • (v)
    ₹805.77
Question 10
10.
If principal is ₹6000.00 and compound interest amount is ₹8236.71 for 4 year(s) computed quarterly, then ROI per annum is
  • (i)
    7.00%
  • (ii)
    10.00%
  • (iii)
    9.00%
  • (iv)
    8.00%
  • (v)
    6.00%
Question 11
11.
If the compound interest amount for a certain principal is ₹16416.10 for 4 year(s) at an ROI of 4.00% p.a. computed quarterly, then principal is
  • (i)
    ₹13998.00
  • (ii)
    ₹14001.00
  • (iii)
    ₹14002.00
  • (iv)
    ₹13999.00
  • (v)
    ₹14000.00
Question 12
12.
If the compound interest amount for a certain principal is ₹5634.96 for 4 year(s) at an ROI of 3.00% p.a. computed quarterly, then interest is
  • (i)
    ₹634.96
  • (ii)
    ₹636.96
  • (iii)
    ₹633.96
  • (iv)
    ₹635.96
  • (v)
    ₹632.96
Question 13
13.
    • If the compound interest on a certain principal is ₹4470.32 for 5 year(s) at ROI 10.00% p.a. computed quarterly, then what is the compound interest for the same principal and ROI for 3 year(s)?
  • (i)
    ₹2414.22
  • (ii)
    ₹2415.22
  • (iii)
    ₹2412.22
  • (iv)
    ₹2413.22
  • (v)
    ₹2416.22
Question 14
14.
    • If the compound interest on a certain principal is ₹839.16 for 5 year(s) at ROI 2.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 5.00% p.a. ROI?
  • (i)
    ₹2255.30
  • (ii)
    ₹2254.30
  • (iii)
    ₹2257.30
  • (iv)
    ₹2258.30
  • (v)
    ₹2256.30
Question 15
15.
    • If the compound interest on a certain principal is ₹2198.90 for 4 year(s) at ROI 5.00% p.a. computed quarterly, then what is the compound interest for the same principal at 6.00% p.a. ROI and duration 5 year(s)?
  • (i)
    ₹3469.55
  • (ii)
    ₹3468.55
  • (iii)
    ₹3466.55
  • (iv)
    ₹3470.55
  • (v)
    ₹3467.55
Question 16
16.
    • Calculate the amount on
    • ₹19000.00
    • for
    • 2
    • years
    • 2
    • months
    • at
    • 3.00% p.a.
    • compounded
    • quarterly
  • (i)
    ₹20272.23
  • (ii)
    ₹20269.23
  • (iii)
    ₹20273.23
  • (iv)
    ₹20271.23
  • (v)
    ₹20270.23
Question 17
17.
    • Calculate the amount on
    • ₹15000.00
    • for
    • 2
      1
      12
    • years
    • at
    • 3.00% p.a.
    • compounded
    • quarterly
  • (i)
    ₹15962.79
  • (ii)
    ₹15964.79
  • (iii)
    ₹15961.79
  • (iv)
    ₹15965.79
  • (v)
    ₹15963.79
Question 18
18.
    • If principal is ₹14000.00, ROI is 5.00% p.a., no of year(s) is 5 computed quarterly, then the difference of compound and simple interest =
  • (i)
    ₹446.52
  • (ii)
    ₹449.52
  • (iii)
    ₹448.52
  • (iv)
    ₹447.52
  • (v)
    ₹450.52
Question 19
19.
    • If the difference of compound and simple interest on a certain principal is ₹9.59 for ROI 3.00% p.a. and no of year(s) 2 computed quarterly, then the principal =
  • (i)
    ₹5999.00
  • (ii)
    ₹6002.00
  • (iii)
    ₹5998.00
  • (iv)
    ₹6001.00
  • (v)
    ₹6000.00
    Assignment Key
  •  1) (iv)
  •  2) (iii)
  •  3) (v)
  •  4) (iv)
  •  5) (iv)
  •  6) (ii)
  •  7) (v)
  •  8) (ii)
  •  9) (i)
  •  10) (iv)
  •  11) (v)
  •  12) (i)
  •  13) (i)
  •  14) (v)
  •  15) (ii)
  •  16) (iv)
  •  17) (v)
  •  18) (iii)
  •  19) (v)