EduSahara™ Worksheet

Question 1

1.

If principal is ₹15000.00, ROI is 3.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then interest is

(i)

₹900.00
(ii)

₹902.00
(iii)

₹899.00
(iv)

₹898.00
(v)

₹901.00

Question 2

2.

If principal is ₹19000.00, ROI is 5.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then amount is

(i)

₹22798.00
(ii)

₹22802.00
(iii)

₹22800.00
(iv)

₹22799.00
(v)

₹22801.00

Question 3

3.

If principal is ₹5000.00, ROI is 2.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then interest is

(i)

₹305.04
(ii)

₹304.04
(iii)

₹307.04
(iv)

₹308.04
(v)

₹306.04

Question 4

4.

If principal is ₹19000.00, ROI is 5.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then amount is

(i)

₹20945.50
(ii)

₹20946.50
(iii)

₹20947.50
(iv)

₹20948.50
(v)

₹20949.50

Question 5

5.

If principal is ₹16000.00, no of year(s) is 2 and accumulated simple interest computed annually is ₹640.00, then ROI per annum is

(i)

0.00%
(ii)

2.00%
(iii)

1.00%
(iv)

4.00%
(v)

3.00%

Question 6

6.

If principal is ₹8000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹741.82, then ROI per annum is

(i)

4.00%
(ii)

1.00%
(iii)

5.00%
(iv)

3.00%
(v)

2.00%

Question 7

7.

If the simple interest on a certain principal is ₹7600.00 for 4 year(s) at ROI 10.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =

(i)

₹8817.90
(ii)

₹8816.90
(iii)

₹8819.90
(iv)

₹8818.90
(v)

₹8815.90

Question 8

8.

at
4.00% p.a.
compounded
annually

(i)

₹11312.87
(ii)

₹11313.87
(iii)

₹11314.87
(iv)

₹11315.87
(v)

₹11316.87

Question 9

9.

Calculate the amount on
₹13000.00
for
5

1
6
years

at
8.00% p.a.
compounded
annually

(i)

₹19356.95
(ii)

₹19355.95
(iii)

₹19353.95
(iv)

₹19354.95
(v)

₹19357.95

Question 10

10.

Find simple interest, if P = principal, T = time, R = rate percent per annum

(i)

PTR

100
(ii)

PT

100 + R
(iii)

100

PTR
(iv)

P + T + R

100

Question 11

11.

Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest

(i)

100 x SI

P x T
(ii)

100 x SI

R x T
(iii)

100 x SI

P x R
(iv)

PTR

100

Question 12

12.

Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal

(i)

PTR

100
(ii)

100 x SI

R x T
(iii)

100 x SI

P x T
(iv)

100 x SI

P x R

Question 13

13.

Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate

(i)

100 x SI

P x T
(ii)

PTR

100
(iii)

100 x SI

P x R
(iv)

100 x SI

R x T

Question 14

14.

Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms

(i)

100 x SI

R x T
(ii)

PTR

100
(iii)

100 x SI

P x T
(iv)

100 x SI

P x R

Question 15

15.

If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is

(i)

P

[

1

+

PR

100

]

n
(ii)

P

[

1

+

R

100

]

n
(iii)

P

[

1

−

R

100

]

n
(iv)

P

[

1

+

100

P

]

n
(v)

P

[

1

+

100

PR

]

n

Question 16

16.

If ROI is 10.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹5700.00 computed annually, then principal is

(i)

₹19001.00
(ii)

₹18998.00
(iii)

₹19000.00
(iv)

₹18999.00
(v)

₹19002.00

Question 17

17.

If ROI is 4.00% p.a., no of year(s) is 2 and accumulated simple interest is ₹1040.00 computed annually, then amount is

(i)

₹14039.00
(ii)

₹14040.00
(iii)

₹14041.00
(iv)

₹14038.00
(v)

₹14042.00

Question 18

18.

If ROI is 5.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹2370.57 computed annually, then principal is

(i)

₹11002.00
(ii)

₹10999.00
(iii)

₹10998.00
(iv)

₹11000.00
(v)

₹11001.00

Question 19

19.

If ROI is 5.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹3663.61 computed annually, then amount is

(i)

₹20663.61
(ii)

₹20662.61
(iii)

₹20661.61
(iv)

₹20665.61
(v)

₹20664.61

Question 20

20.

If principal is ₹7000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹1103.38, then amount is

(i)

₹8101.38
(ii)

₹8105.38
(iii)

₹8102.38
(iv)

₹8104.38
(v)

₹8103.38

Question 21

21.

If the compound interest amount for a certain principal is ₹11486.53 for 5 year(s) at an ROI of 5.00% p.a. computed annually, then principal is

(i)

₹9002.00
(ii)

₹8999.00
(iii)

₹9000.00
(iv)

₹8998.00
(v)

₹9001.00

Question 22

22.

If the compound interest amount for a certain principal is ₹9004.07 for 4 year(s) at an ROI of 3.00% p.a. computed annually, then interest is

(i)

₹1005.07
(ii)

₹1004.07
(iii)

₹1002.07
(iv)

₹1003.07
(v)

₹1006.07

Question 23

23.

If the difference of compound and simple interest on a certain principal is ₹620.00 for ROI 10.00% p.a. and no of year(s) 3 computed annually, then the principal =

(i)

₹20001.00
(ii)

₹20000.00
(iii)

₹19998.00
(iv)

₹19999.00
(v)

₹20002.00

Question 24

24.

A man borrows a ₹10000.00 at 2.00% p.a. compounded annually. If he repays ₹5100.00 at the end of year 1 ,₹1300.50 at the end of year 2 , how much loan is outstanding against him at the beginning of the year 3.

(i)

₹3903.50
(ii)

₹3899.50
(iii)

₹3900.50
(iv)

₹3902.50
(v)

₹3901.50

Assignment Key