EduSahara™ Assignment
Name : Compound Interest Computed Anually
Chapter : Comparing Quantities using Proportion
Grade : SSC Grade VIII
License : Non Commercial Use
Question 1
1.
If principal is ₹13000.00, ROI is 6.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹1560.00
  • (ii)
    ₹1559.00
  • (iii)
    ₹1562.00
  • (iv)
    ₹1558.00
  • (v)
    ₹1561.00
Question 2
2.
If principal is ₹6000.00, ROI is 8.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹7442.00
  • (ii)
    ₹7438.00
  • (iii)
    ₹7440.00
  • (iv)
    ₹7439.00
  • (v)
    ₹7441.00
Question 3
3.
If principal is ₹9000.00, ROI is 2.00% p.a., no of year(s) is 4 and interest type is compound interest computed annually, then interest is
  • (i)
    ₹742.89
  • (ii)
    ₹739.89
  • (iii)
    ₹743.89
  • (iv)
    ₹741.89
  • (v)
    ₹740.89
Question 4
4.
If principal is ₹10000.00, ROI is 6.00% p.a., no of year(s) is 5 and interest type is compound interest computed annually, then amount is
  • (i)
    ₹13383.26
  • (ii)
    ₹13384.26
  • (iii)
    ₹13382.26
  • (iv)
    ₹13380.26
  • (v)
    ₹13381.26
Question 5
5.
If principal is ₹6000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹2160.00, then ROI per annum is
  • (i)
    11.00%
  • (ii)
    7.00%
  • (iii)
    8.00%
  • (iv)
    10.00%
  • (v)
    9.00%
Question 6
6.
If principal is ₹20000.00, no of year(s) is 2 and accumulated compound interest computed annually is ₹808.00, then ROI per annum is
  • (i)
    3.00%
  • (ii)
    2.00%
  • (iii)
    1.00%
  • (iv)
    0.00%
  • (v)
    4.00%
Question 7
7.
    • If the simple interest on a certain principal is ₹7650.00 for 5 year(s) at ROI 9.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =
  • (i)
    ₹9157.61
  • (ii)
    ₹9158.61
  • (iii)
    ₹9156.61
  • (iv)
    ₹9155.61
  • (v)
    ₹9154.61
Question 8
8.
    • Calculate the amount on
    • ₹10000.00
    • for
    • 3
    • years
    • 4
    • months
    • at
    • 2.00% p.a.
    • compounded
    • annually
  • (i)
    ₹10683.83
  • (ii)
    ₹10684.83
  • (iii)
    ₹10682.83
  • (iv)
    ₹10681.83
  • (v)
    ₹10680.83
Question 9
9.
    • Calculate the amount on
    • ₹20000.00
    • for
    • 4
      7

      12
    • years
    • at
    • 2.00% p.a.
    • compounded
    • annually
  • (i)
    ₹21901.21
  • (ii)
    ₹21900.21
  • (iii)
    ₹21902.21
  • (iv)
    ₹21903.21
  • (v)
    ₹21899.21
Question 10
10.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • (i)
    PTR

    100
  • (ii)
    P + T + R

    100
  • (iii)
    PT

    100 + R
  • (iv)
    100

    PTR
Question 11
11.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest
  • (i)
    100 x SI

    R x T
  • (ii)
    PTR

    100
  • (iii)
    100 x SI

    P x R
  • (iv)
    100 x SI

    P x T
Question 12
12.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • (i)
    100 x SI

    P x R
  • (ii)
    PTR

    100
  • (iii)
    100 x SI

    R x T
  • (iv)
    100 x SI

    P x T
Question 13
13.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
  • (i)
    100 x SI

    R x T
  • (ii)
    100 x SI

    P x T
  • (iii)
    100 x SI

    P x R
  • (iv)
    PTR

    100
Question 14
14.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
  • (i)
    PTR

    100
  • (ii)
    100 x SI

    P x T
  • (iii)
    100 x SI

    P x R
  • (iv)
    100 x SI

    R x T
Question 15
15.
    • If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is
  • (i)
    P
    [
    1
    R

    100
    ]
    n
  • (ii)
    P
    [
    1
    +
    PR

    100
    ]
    n
  • (iii)
    P
    [
    1
    +
    R

    100
    ]
    n
  • (iv)
    P
    [
    1
    +
    100

    PR
    ]
    n
  • (v)
    P
    [
    1
    +
    100

    P
    ]
    n
Question 16
16.
If ROI is 7.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹2520.00 computed annually, then principal is
  • (i)
    ₹9000.00
  • (ii)
    ₹8999.00
  • (iii)
    ₹8998.00
  • (iv)
    ₹9001.00
  • (v)
    ₹9002.00
Question 17
17.
If ROI is 3.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹1500.00 computed annually, then amount is
  • (i)
    ₹11498.00
  • (ii)
    ₹11501.00
  • (iii)
    ₹11499.00
  • (iv)
    ₹11500.00
  • (v)
    ₹11502.00
Question 18
18.
If ROI is 9.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹6585.31 computed annually, then principal is
  • (i)
    ₹15999.00
  • (ii)
    ₹16002.00
  • (iii)
    ₹16001.00
  • (iv)
    ₹15998.00
  • (v)
    ₹16000.00
Question 19
19.
If ROI is 9.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹6173.72 computed annually, then amount is
  • (i)
    ₹21175.72
  • (ii)
    ₹21172.72
  • (iii)
    ₹21171.72
  • (iv)
    ₹21173.72
  • (v)
    ₹21174.72
Question 20
20.
If principal is ₹14000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹3674.68, then amount is
  • (i)
    ₹17676.68
  • (ii)
    ₹17675.68
  • (iii)
    ₹17673.68
  • (iv)
    ₹17674.68
  • (v)
    ₹17672.68
Question 21
21.
If the compound interest amount for a certain principal is ₹15142.40 for 2 year(s) at an ROI of 4.00% p.a. computed annually, then principal is
  • (i)
    ₹13998.00
  • (ii)
    ₹14001.00
  • (iii)
    ₹14000.00
  • (iv)
    ₹14002.00
  • (v)
    ₹13999.00
Question 22
22.
If the compound interest amount for a certain principal is ₹12830.40 for 2 year(s) at an ROI of 8.00% p.a. computed annually, then interest is
  • (i)
    ₹1831.40
  • (ii)
    ₹1832.40
  • (iii)
    ₹1829.40
  • (iv)
    ₹1830.40
  • (v)
    ₹1828.40
Question 23
23.
    • If the difference of compound and simple interest on a certain principal is ₹105.30 for ROI 9.00% p.a. and no of year(s) 2 computed annually, then the principal =
  • (i)
    ₹13000.00
  • (ii)
    ₹12999.00
  • (iii)
    ₹12998.00
  • (iv)
    ₹13002.00
  • (v)
    ₹13001.00
Question 24
24.
A man borrows a ₹18000.00 at 10.00% p.a. compounded annually. If he repays ₹9900.00 at the end of year 1 ,₹2722.50 at the end of year 2 , how much loan is outstanding against him at the beginning of the year 3.
  • (i)
    ₹8166.50
  • (ii)
    ₹8169.50
  • (iii)
    ₹8167.50
  • (iv)
    ₹8165.50
  • (v)
    ₹8168.50
    Assignment Key

  •  1) (i)
  •  2) (iii)
  •  3) (iv)
  •  4) (iii)
  •  5) (v)
  •  6) (ii)
  •  7) (iii)
  •  8) (iii)
  •  9) (i)
  •  10) (i)
  •  11) (ii)
  •  12) (iii)
  •  13) (ii)
  •  14) (iii)
  •  15) (iii)
  •  16) (i)
  •  17) (iv)
  •  18) (v)
  •  19) (iv)
  •  20) (iv)
  •  21) (iii)
  •  22) (iv)
  •  23) (i)
  •  24) (iii)