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 ₹16000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹6399.00
  • (ii)
    ₹6400.00
  • (iii)
    ₹6398.00
  • (iv)
    ₹6401.00
  • (v)
    ₹6402.00
Question 2
2.
If principal is ₹12000.00, ROI is 3.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹13078.00
  • (ii)
    ₹13081.00
  • (iii)
    ₹13080.00
  • (iv)
    ₹13079.00
  • (v)
    ₹13082.00
Question 3
3.
If principal is ₹20000.00, ROI is 2.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then interest is
  • (i)
    ₹1222.16
  • (ii)
    ₹1225.16
  • (iii)
    ₹1226.16
  • (iv)
    ₹1224.16
  • (v)
    ₹1223.16
Question 4
4.
If principal is ₹18000.00, ROI is 5.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then amount is
  • (i)
    ₹19843.00
  • (ii)
    ₹19845.00
  • (iii)
    ₹19847.00
  • (iv)
    ₹19844.00
  • (v)
    ₹19846.00
Question 5
5.
If principal is ₹7000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1680.00, then ROI per annum is
  • (i)
    8.00%
  • (ii)
    7.00%
  • (iii)
    6.00%
  • (iv)
    10.00%
  • (v)
    9.00%
Question 6
6.
If principal is ₹15000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹1236.48, then ROI per annum is
  • (i)
    4.00%
  • (ii)
    3.00%
  • (iii)
    0.00%
  • (iv)
    1.00%
  • (v)
    2.00%
Question 7
7.
    • If the simple interest on a certain principal is ₹4800.00 for 4 year(s) at ROI 10.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =
  • (i)
    ₹5571.20
  • (ii)
    ₹5568.20
  • (iii)
    ₹5567.20
  • (iv)
    ₹5570.20
  • (v)
    ₹5569.20
Question 8
8.
    • Calculate the amount on
    • ₹18000.00
    • for
    • 2
    • years
    • 8
    • months
    • at
    • 7.00% p.a.
    • compounded
    • annually
  • (i)
    ₹21570.92
  • (ii)
    ₹21569.92
  • (iii)
    ₹21567.92
  • (iv)
    ₹21571.92
  • (v)
    ₹21568.92
Question 9
9.
    • Calculate the amount on
    • ₹18000.00
    • for
    • 5
      1

      2
    • years
    • at
    • 9.00% p.a.
    • compounded
    • annually
  • (i)
    ₹28941.52
  • (ii)
    ₹28940.52
  • (iii)
    ₹28939.52
  • (iv)
    ₹28942.52
  • (v)
    ₹28943.52
Question 10
10.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • (i)
    100

    PTR
  • (ii)
    P + T + R

    100
  • (iii)
    PT

    100 + R
  • (iv)
    PTR

    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)
    100 x SI

    R x T
  • (iv)
    PTR

    100
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)
    100 x SI

    P x T
  • (iii)
    PTR

    100
  • (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)
    100 x SI

    P x R
  • (iii)
    100 x SI

    R x T
  • (iv)
    PTR

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

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

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

    P
    ]
    n
Question 16
16.
If ROI is 7.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹3570.00 computed annually, then principal is
  • (i)
    ₹17000.00
  • (ii)
    ₹16998.00
  • (iii)
    ₹16999.00
  • (iv)
    ₹17001.00
  • (v)
    ₹17002.00
Question 17
17.
If ROI is 10.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹2500.00 computed annually, then amount is
  • (i)
    ₹7501.00
  • (ii)
    ₹7498.00
  • (iii)
    ₹7499.00
  • (iv)
    ₹7500.00
  • (v)
    ₹7502.00
Question 18
18.
If ROI is 4.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹2599.83 computed annually, then principal is
  • (i)
    ₹11999.00
  • (ii)
    ₹11998.00
  • (iii)
    ₹12001.00
  • (iv)
    ₹12002.00
  • (v)
    ₹12000.00
Question 19
19.
If ROI is 8.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹5631.94 computed annually, then amount is
  • (i)
    ₹17630.94
  • (ii)
    ₹17629.94
  • (iii)
    ₹17633.94
  • (iv)
    ₹17631.94
  • (v)
    ₹17632.94
Question 20
20.
If principal is ₹13000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹1205.45, then amount is
  • (i)
    ₹14203.45
  • (ii)
    ₹14206.45
  • (iii)
    ₹14207.45
  • (iv)
    ₹14205.45
  • (v)
    ₹14204.45
Question 21
21.
If the compound interest amount for a certain principal is ₹10486.37 for 4 year(s) at an ROI of 7.00% p.a. computed annually, then principal is
  • (i)
    ₹8000.00
  • (ii)
    ₹8001.00
  • (iii)
    ₹7998.00
  • (iv)
    ₹7999.00
  • (v)
    ₹8002.00
Question 22
22.
If the compound interest amount for a certain principal is ₹14641.00 for 3 year(s) at an ROI of 10.00% p.a. computed annually, then interest is
  • (i)
    ₹3642.00
  • (ii)
    ₹3640.00
  • (iii)
    ₹3643.00
  • (iv)
    ₹3641.00
  • (v)
    ₹3639.00
Question 23
23.
    • If the difference of compound and simple interest on a certain principal is ₹1772.48 for ROI 9.00% p.a. and no of year(s) 5 computed annually, then the principal =
  • (i)
    ₹20000.00
  • (ii)
    ₹19999.00
  • (iii)
    ₹20002.00
  • (iv)
    ₹19998.00
  • (v)
    ₹20001.00
Question 24
24.
A man borrows a ₹13000.00 at 6.00% p.a. compounded annually. If he repays ₹6890.00 at the end of year 1 ,₹1825.85 at the end of year 2 , how much loan is outstanding against him at the beginning of the year 3.
  • (i)
    ₹5476.55
  • (ii)
    ₹5477.55
  • (iii)
    ₹5478.55
  • (iv)
    ₹5479.55
  • (v)
    ₹5475.55
    Assignment Key

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