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 ₹5000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹1998.00
  • (ii)
    ₹1999.00
  • (iii)
    ₹2000.00
  • (iv)
    ₹2002.00
  • (v)
    ₹2001.00
Question 2
2.
If principal is ₹19000.00, ROI is 3.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹20711.00
  • (ii)
    ₹20710.00
  • (iii)
    ₹20708.00
  • (iv)
    ₹20712.00
  • (v)
    ₹20709.00
Question 3
3.
If principal is ₹8000.00, ROI is 2.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then interest is
  • (i)
    ₹322.20
  • (ii)
    ₹321.20
  • (iii)
    ₹325.20
  • (iv)
    ₹324.20
  • (v)
    ₹323.20
Question 4
4.
If principal is ₹6000.00, ROI is 9.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then amount is
  • (i)
    ₹7771.17
  • (ii)
    ₹7770.17
  • (iii)
    ₹7769.17
  • (iv)
    ₹7768.17
  • (v)
    ₹7772.17
Question 5
5.
If principal is ₹13000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹4680.00, then ROI per annum is
  • (i)
    8.00%
  • (ii)
    7.00%
  • (iii)
    11.00%
  • (iv)
    10.00%
  • (v)
    9.00%
Question 6
6.
If principal is ₹20000.00, no of year(s) is 5 and accumulated compound interest computed annually is ₹2081.62, then ROI per annum is
  • (i)
    2.00%
  • (ii)
    3.00%
  • (iii)
    4.00%
  • (iv)
    1.00%
  • (v)
    0.00%
Question 7
7.
    • If the simple interest on a certain principal is ₹2160.00 for 3 year(s) at ROI 6.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =
  • (i)
    ₹2290.19
  • (ii)
    ₹2294.19
  • (iii)
    ₹2291.19
  • (iv)
    ₹2293.19
  • (v)
    ₹2292.19
Question 8
8.
    • Calculate the amount on
    • ₹11000.00
    • for
    • 4
    • years
    • 3
    • months
    • at
    • 7.00% p.a.
    • compounded
    • annually
  • (i)
    ₹14671.08
  • (ii)
    ₹14670.08
  • (iii)
    ₹14672.08
  • (iv)
    ₹14673.08
  • (v)
    ₹14669.08
Question 9
9.
    • Calculate the amount on
    • ₹8000.00
    • for
    • 4
      2

      3
    • years
    • at
    • 6.00% p.a.
    • compounded
    • annually
  • (i)
    ₹10503.81
  • (ii)
    ₹10501.81
  • (iii)
    ₹10502.81
  • (iv)
    ₹10505.81
  • (v)
    ₹10504.81
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 R
  • (ii)
    100 x SI

    P x T
  • (iii)
    PTR

    100
  • (iv)
    100 x SI

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

    100
  • (iv)
    100 x SI

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

    P x T
  • (ii)
    100 x SI

    P x R
  • (iii)
    100 x SI

    R x T
  • (iv)
    PTR

    100
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
    R

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

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

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

    P
    ]
    n
Question 16
16.
If ROI is 6.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹2340.00 computed annually, then principal is
  • (i)
    ₹12998.00
  • (ii)
    ₹13001.00
  • (iii)
    ₹13002.00
  • (iv)
    ₹12999.00
  • (v)
    ₹13000.00
Question 17
17.
If ROI is 5.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹1750.00 computed annually, then amount is
  • (i)
    ₹8751.00
  • (ii)
    ₹8748.00
  • (iii)
    ₹8752.00
  • (iv)
    ₹8749.00
  • (v)
    ₹8750.00
Question 18
18.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹10233.86 computed annually, then principal is
  • (i)
    ₹18999.00
  • (ii)
    ₹19002.00
  • (iii)
    ₹19001.00
  • (iv)
    ₹18998.00
  • (v)
    ₹19000.00
Question 19
19.
If ROI is 4.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹2208.16 computed annually, then amount is
  • (i)
    ₹15210.16
  • (ii)
    ₹15207.16
  • (iii)
    ₹15206.16
  • (iv)
    ₹15209.16
  • (v)
    ₹15208.16
Question 20
20.
If principal is ₹13000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹6033.30, then amount is
  • (i)
    ₹19032.30
  • (ii)
    ₹19031.30
  • (iii)
    ₹19034.30
  • (iv)
    ₹19033.30
  • (v)
    ₹19035.30
Question 21
21.
If the compound interest amount for a certain principal is ₹13738.80 for 2 year(s) at an ROI of 7.00% p.a. computed annually, then principal is
  • (i)
    ₹12001.00
  • (ii)
    ₹12002.00
  • (iii)
    ₹11998.00
  • (iv)
    ₹12000.00
  • (v)
    ₹11999.00
Question 22
22.
If the compound interest amount for a certain principal is ₹7571.20 for 2 year(s) at an ROI of 4.00% p.a. computed annually, then interest is
  • (i)
    ₹573.20
  • (ii)
    ₹570.20
  • (iii)
    ₹571.20
  • (iv)
    ₹569.20
  • (v)
    ₹572.20
Question 23
23.
    • If the difference of compound and simple interest on a certain principal is ₹403.00 for ROI 10.00% p.a. and no of year(s) 3 computed annually, then the principal =
  • (i)
    ₹13000.00
  • (ii)
    ₹13002.00
  • (iii)
    ₹13001.00
  • (iv)
    ₹12999.00
  • (v)
    ₹12998.00
Question 24
24.
A man borrows a ₹17000.00 at 3.00% p.a. compounded annually. If he repays ₹8755.00 at the end of year 1 ,₹2254.41 at the end of year 2 , how much loan is outstanding against him at the beginning of the year 3.
  • (i)
    ₹6762.24
  • (ii)
    ₹6761.24
  • (iii)
    ₹6765.24
  • (iv)
    ₹6764.24
  • (v)
    ₹6763.24
    Assignment Key

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