EduSahara™ Worksheet

EduSahara™ Assignment

Name : Compound Interest Computed Half-yearly

Chapter : Comparing Quantities using Proportion

Grade : SSC Grade VIII

License : Non Commercial Use

Question 1

If principal is ₹8000.00, ROI is 7.00% p.a., no of year(s) is 5 and interest type is simple interest computed half yearly, then interest is

(i)

₹2801.00
(ii)

₹2799.00
(iii)

₹2798.00
(iv)

₹2802.00
(v)

₹2800.00

Question 2

If principal is ₹15000.00, ROI is 7.00% p.a., no of year(s) is 3 and interest type is simple interest computed half yearly, then amount is

(i)

₹18148.00
(ii)

₹18152.00
(iii)

₹18149.00
(iv)

₹18150.00
(v)

₹18151.00

Question 3

If principal is ₹15000.00, ROI is 2.00% p.a., no of year(s) is 2 and interest type is compound interest computed half yearly, then interest is

(i)

₹608.06
(ii)

₹611.06
(iii)

₹610.06
(iv)

₹609.06
(v)

₹607.06

Question 4

If principal is ₹20000.00, ROI is 9.00% p.a., no of year(s) is 5 and interest type is compound interest computed half yearly, then amount is

(i)

₹31057.39
(ii)

₹31059.39
(iii)

₹31061.39
(iv)

₹31058.39
(v)

₹31060.39

Question 5

If the simple interest on a certain principal is ₹1600.00 for 5 year(s) at ROI 4.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹1752.96
(ii)

₹1751.96
(iii)

₹1750.96
(iv)

₹1753.96
(v)

₹1749.96

Question 6

at
6.00% p.a.
compounded
half yearly

(i)

₹10185.83
(ii)

₹10184.83
(iii)

₹10182.83
(iv)

₹10183.83
(v)

₹10186.83

Question 7

Calculate the amount on
₹17000.00
for
5

1
6
years

at
10.00% p.a.
compounded
half yearly

(i)

₹28154.73
(ii)

₹28153.73
(iii)

₹28151.73
(iv)

₹28150.73
(v)

₹28152.73

Question 8

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

+

100

PR

]

n
(iii)

P

[

1

+

R

100

]

n
(iv)

P

[

1

+

PR

100

]

n
(v)

P

[

1

+

100

P

]

n

Question 9

If ROI is 10.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹1700.48 computed half yearly, then principal is

(i)

₹4999.00
(ii)

₹5002.00
(iii)

₹4998.00
(iv)

₹5001.00
(v)

₹5000.00

Question 10

10.

If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹9953.45 computed half yearly, then amount is

(i)

₹27953.45
(ii)

₹27955.45
(iii)

₹27952.45
(iv)

₹27954.45
(v)

₹27951.45

Question 11

11.

If principal is ₹13000.00, no of year(s) is 4 and accumulated compound interest computed half yearly is ₹5487.31, then ROI per annum is

(i)

11.00%
(ii)

9.00%
(iii)

8.00%
(iv)

7.00%
(v)

10.00%

Question 12

12.

If principal is ₹15000.00, no of year(s) is 5 and accumulated compound interest computed half yearly is ₹9433.42, then amount is

(i)

₹24434.42
(ii)

₹24431.42
(iii)

₹24432.42
(iv)

₹24435.42
(v)

₹24433.42

Question 13

13.

If the difference of compound and simple interest on a certain principal is ₹761.82 for ROI 10.00% p.a. and no of year(s) 3 computed half yearly, then the principal =

(i)

₹19002.00
(ii)

₹18998.00
(iii)

₹19000.00
(iv)

₹19001.00
(v)

₹18999.00

Assignment Key