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 ₹17000.00, ROI is 7.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹2382.00
  • (ii)
    ₹2379.00
  • (iii)
    ₹2380.00
  • (iv)
    ₹2378.00
  • (v)
    ₹2381.00
Question 2
2.
If principal is ₹7000.00, ROI is 7.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹8959.00
  • (ii)
    ₹8961.00
  • (iii)
    ₹8958.00
  • (iv)
    ₹8960.00
  • (v)
    ₹8962.00
Question 3
3.
If principal is ₹17000.00, ROI is 5.00% p.a., no of year(s) is 4 and interest type is compound interest computed annually, then interest is
  • (i)
    ₹3663.61
  • (ii)
    ₹3662.61
  • (iii)
    ₹3661.61
  • (iv)
    ₹3665.61
  • (v)
    ₹3664.61
Question 4
4.
If principal is ₹9000.00, ROI is 4.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then amount is
  • (i)
    ₹10121.78
  • (ii)
    ₹10123.78
  • (iii)
    ₹10124.78
  • (iv)
    ₹10125.78
  • (v)
    ₹10122.78
Question 5
5.
If principal is ₹12000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹3600.00, then ROI per annum is
  • (i)
    6.00%
  • (ii)
    5.00%
  • (iii)
    4.00%
  • (iv)
    7.00%
  • (v)
    8.00%
Question 6
6.
If principal is ₹5000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹1298.56, then ROI per annum is
  • (i)
    10.00%
  • (ii)
    7.00%
  • (iii)
    6.00%
  • (iv)
    8.00%
  • (v)
    9.00%
Question 7
7.
    • If the simple interest on a certain principal is ₹3600.00 for 2 year(s) at ROI 10.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =
  • (i)
    ₹3782.00
  • (ii)
    ₹3781.00
  • (iii)
    ₹3778.00
  • (iv)
    ₹3780.00
  • (v)
    ₹3779.00
Question 8
8.
    • Calculate the amount on
    • ₹12000.00
    • for
    • 5
    • years
    • 1
    • months
    • at
    • 9.00% p.a.
    • compounded
    • annually
  • (i)
    ₹18603.96
  • (ii)
    ₹18602.96
  • (iii)
    ₹18599.96
  • (iv)
    ₹18601.96
  • (v)
    ₹18600.96
Question 9
9.
    • Calculate the amount on
    • ₹20000.00
    • for
    • 2
      1

      2
    • years
    • at
    • 7.00% p.a.
    • compounded
    • annually
  • (i)
    ₹23701.43
  • (ii)
    ₹23697.43
  • (iii)
    ₹23699.43
  • (iv)
    ₹23698.43
  • (v)
    ₹23700.43
Question 10
10.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • (i)
    P + T + R

    100
  • (ii)
    PTR

    100
  • (iii)
    100

    PTR
  • (iv)
    PT

    100 + R
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 T
  • (iv)
    100 x SI

    P x R
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)
    PTR

    100
  • (ii)
    100 x SI

    R x T
  • (iii)
    100 x SI

    P x T
  • (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)
    PTR

    100
  • (ii)
    100 x SI

    P x R
  • (iii)
    100 x SI

    R x T
  • (iv)
    100 x SI

    P 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
    +
    100

    P
    ]
    n
  • (ii)
    P
    [
    1
    R

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

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

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

    100
    ]
    n
Question 16
16.
If ROI is 9.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹6480.00 computed annually, then principal is
  • (i)
    ₹18002.00
  • (ii)
    ₹18001.00
  • (iii)
    ₹17998.00
  • (iv)
    ₹18000.00
  • (v)
    ₹17999.00
Question 17
17.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹5400.00 computed annually, then amount is
  • (i)
    ₹17400.00
  • (ii)
    ₹17401.00
  • (iii)
    ₹17399.00
  • (iv)
    ₹17402.00
  • (v)
    ₹17398.00
Question 18
18.
If ROI is 7.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹5233.17 computed annually, then principal is
  • (i)
    ₹13001.00
  • (ii)
    ₹13000.00
  • (iii)
    ₹12998.00
  • (iv)
    ₹13002.00
  • (v)
    ₹12999.00
Question 19
19.
If ROI is 4.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹1698.59 computed annually, then amount is
  • (i)
    ₹11696.59
  • (ii)
    ₹11697.59
  • (iii)
    ₹11699.59
  • (iv)
    ₹11698.59
  • (v)
    ₹11700.59
Question 20
20.
If principal is ₹15000.00, no of year(s) is 5 and accumulated compound interest computed annually is ₹8079.36, then amount is
  • (i)
    ₹23077.36
  • (ii)
    ₹23081.36
  • (iii)
    ₹23078.36
  • (iv)
    ₹23080.36
  • (v)
    ₹23079.36
Question 21
21.
If the compound interest amount for a certain principal is ₹17318.91 for 4 year(s) at an ROI of 2.00% p.a. computed annually, then principal is
  • (i)
    ₹16001.00
  • (ii)
    ₹16000.00
  • (iii)
    ₹15998.00
  • (iv)
    ₹15999.00
  • (v)
    ₹16002.00
Question 22
22.
If the compound interest amount for a certain principal is ₹13856.83 for 3 year(s) at an ROI of 8.00% p.a. computed annually, then interest is
  • (i)
    ₹2855.83
  • (ii)
    ₹2857.83
  • (iii)
    ₹2854.83
  • (iv)
    ₹2858.83
  • (v)
    ₹2856.83
Question 23
23.
    • If the difference of compound and simple interest on a certain principal is ₹425.49 for ROI 9.00% p.a. and no of year(s) 3 computed annually, then the principal =
  • (i)
    ₹16998.00
  • (ii)
    ₹17001.00
  • (iii)
    ₹16999.00
  • (iv)
    ₹17000.00
  • (v)
    ₹17002.00
Question 24
24.
A man borrows a ₹8000.00 at 10.00% p.a. compounded annually. If he repays ₹4400.00 at the end of year 1 ,₹2420.00 at the end of year 2 , how much loan is outstanding against him at the beginning of the year 3.
  • (i)
    ₹2419.00
  • (ii)
    ₹2418.00
  • (iii)
    ₹2422.00
  • (iv)
    ₹2420.00
  • (v)
    ₹2421.00
    Assignment Key

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