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 ₹5000.00, ROI is 9.00% p.a., no of year(s) is 5 and interest type is simple interest computed half yearly, then interest is

(i)

₹2252.00
(ii)

₹2251.00
(iii)

₹2248.00
(iv)

₹2250.00
(v)

₹2249.00

Question 2

If principal is ₹15000.00, 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)

₹15898.00
(ii)

₹15900.00
(iii)

₹15902.00
(iv)

₹15899.00
(v)

₹15901.00

Question 3

If principal is ₹7000.00, ROI is 4.00% p.a., no of year(s) is 2 and interest type is compound interest computed half yearly, then interest is

(i)

₹577.03
(ii)

₹579.03
(iii)

₹576.03
(iv)

₹578.03
(v)

₹575.03

Question 4

If principal is ₹18000.00, ROI is 2.00% p.a., no of year(s) is 3 and interest type is compound interest computed half yearly, then amount is

(i)

₹19107.36
(ii)

₹19106.36
(iii)

₹19105.36
(iv)

₹19108.36
(v)

₹19109.36

Question 5

If the simple interest on a certain principal is ₹900.00 for 3 year(s) at ROI 5.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹956.16
(ii)

₹960.16
(iii)

₹957.16
(iv)

₹958.16
(v)

₹959.16

Question 6

at
9.00% p.a.
compounded
half yearly

(i)

₹31526.28
(ii)

₹31527.28
(iii)

₹31525.28
(iv)

₹31523.28
(v)

₹31524.28

Question 7

Calculate the amount on
₹14000.00
for
5

5
12
years

at
5.00% p.a.
compounded
half yearly

(i)

₹18296.54
(ii)

₹18294.54
(iii)

₹18293.54
(iv)

₹18292.54
(v)

₹18295.54

Question 8

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

+

100

PR

]

n
(iv)

P

[

1

+

PR

100

]

n
(v)

P

[

1

−

R

100

]

n

Question 9

If ROI is 5.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹3641.10 computed half yearly, then principal is

(i)

₹13000.00
(ii)

₹12998.00
(iii)

₹13002.00
(iv)

₹12999.00
(v)

₹13001.00

Question 10

10.

If ROI is 5.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹2402.43 computed half yearly, then amount is

(i)

₹13403.43
(ii)

₹13400.43
(iii)

₹13404.43
(iv)

₹13401.43
(v)

₹13402.43

Question 11

11.

If principal is ₹19000.00, no of year(s) is 2 and accumulated compound interest computed half yearly is ₹2384.67, then ROI per annum is

(i)

6.00%
(ii)

8.00%
(iii)

7.00%
(iv)

5.00%
(v)

4.00%

Question 12

12.

If principal is ₹16000.00, no of year(s) is 4 and accumulated compound interest computed half yearly is ₹5897.10, then amount is

(i)

₹21897.10
(ii)

₹21895.10
(iii)

₹21899.10
(iv)

₹21896.10
(v)

₹21898.10

Question 13

13.

If the difference of compound and simple interest on a certain principal is ₹170.95 for ROI 4.00% p.a. and no of year(s) 5 computed half yearly, then the principal =

(i)

₹9001.00
(ii)

₹8998.00
(iii)

₹9000.00
(iv)

₹8999.00
(v)

₹9002.00

Assignment Key