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 ₹13000.00, ROI is 9.00% p.a., no of year(s) is 2 and interest type is simple interest computed half yearly, then interest is

(i)

₹2342.00
(ii)

₹2339.00
(iii)

₹2340.00
(iv)

₹2338.00
(v)

₹2341.00

Question 2

If principal is ₹8000.00, ROI is 3.00% p.a., no of year(s) is 2 and interest type is simple interest computed half yearly, then amount is

(i)

₹8481.00
(ii)

₹8480.00
(iii)

₹8479.00
(iv)

₹8478.00
(v)

₹8482.00

Question 3

If principal is ₹11000.00, ROI is 10.00% p.a., no of year(s) is 3 and interest type is compound interest computed half yearly, then interest is

(i)

₹3741.05
(ii)

₹3739.05
(iii)

₹3743.05
(iv)

₹3740.05
(v)

₹3742.05

Question 4

If principal is ₹5000.00, ROI is 8.00% p.a., no of year(s) is 2 and interest type is compound interest computed half yearly, then amount is

(i)

₹5847.29
(ii)

₹5849.29
(iii)

₹5850.29
(iv)

₹5851.29
(v)

₹5848.29

Question 5

If the simple interest on a certain principal is ₹5950.00 for 5 year(s) at ROI 7.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹6980.18
(ii)

₹6982.18
(iii)

₹6978.18
(iv)

₹6981.18
(v)

₹6979.18

Question 6

at
5.00% p.a.
compounded
half yearly

(i)

₹21498.05
(ii)

₹21496.05
(iii)

₹21494.05
(iv)

₹21495.05
(v)

₹21497.05

Question 7

Calculate the amount on
₹7000.00
for
3

1
3
years

at
5.00% p.a.
compounded
half yearly

(i)

₹8254.15
(ii)

₹8255.15
(iii)

₹8251.15
(iv)

₹8252.15
(v)

₹8253.15

Question 8

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

(i)

P

[

1

+

100

PR

]

n
(ii)

P

[

1

+

PR

100

]

n
(iii)

P

[

1

+

R

100

]

n
(iv)

P

[

1

+

100

P

]

n
(v)

P

[

1

−

R

100

]

n

Question 9

If ROI is 2.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹1883.20 computed half yearly, then principal is

(i)

₹17999.00
(ii)

₹18000.00
(iii)

₹18001.00
(iv)

₹17998.00
(v)

₹18002.00

Question 10

10.

If ROI is 3.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹885.45 computed half yearly, then amount is

(i)

₹7886.45
(ii)

₹7885.45
(iii)

₹7883.45
(iv)

₹7884.45
(v)

₹7887.45

Question 11

11.

If principal is ₹15000.00, no of year(s) is 5 and accumulated compound interest computed half yearly is ₹3284.92, then ROI per annum is

(i)

5.00%
(ii)

4.00%
(iii)

2.00%
(iv)

6.00%
(v)

3.00%

Question 12

12.

If principal is ₹10000.00, no of year(s) is 5 and accumulated compound interest computed half yearly is ₹3439.16, then amount is

(i)

₹13438.16
(ii)

₹13437.16
(iii)

₹13440.16
(iv)

₹13441.16
(v)

₹13439.16

Question 13

13.

If the difference of compound and simple interest on a certain principal is ₹1549.11 for ROI 10.00% p.a. and no of year(s) 4 computed half yearly, then the principal =

(i)

₹19998.00
(ii)

₹20001.00
(iii)

₹19999.00
(iv)

₹20000.00
(v)

₹20002.00

Assignment Key