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 ₹12000.00, ROI is 5.00% p.a., no of year(s) is 3 and interest type is simple interest computed half yearly, then interest is

(i)

₹1800.00
(ii)

₹1799.00
(iii)

₹1801.00
(iv)

₹1798.00
(v)

₹1802.00

Question 2

If principal is ₹18000.00, ROI is 9.00% p.a., no of year(s) is 2 and interest type is simple interest computed half yearly, then amount is

(i)

₹21239.00
(ii)

₹21238.00
(iii)

₹21242.00
(iv)

₹21240.00
(v)

₹21241.00

Question 3

If principal is ₹7000.00, ROI is 7.00% p.a., no of year(s) is 5 and interest type is compound interest computed half yearly, then interest is

(i)

₹2873.19
(ii)

₹2872.19
(iii)

₹2875.19
(iv)

₹2876.19
(v)

₹2874.19

Question 4

If principal is ₹15000.00, 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)

₹15921.80
(ii)

₹15923.80
(iii)

₹15920.80
(iv)

₹15924.80
(v)

₹15922.80

Question 5

If the simple interest on a certain principal is ₹5130.00 for 3 year(s) at ROI 9.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹5742.94
(ii)

₹5744.94
(iii)

₹5740.94
(iv)

₹5741.94
(v)

₹5743.94

Question 6

at
5.00% p.a.
compounded
half yearly

(i)

₹6372.40
(ii)

₹6375.40
(iii)

₹6374.40
(iv)

₹6376.40
(v)

₹6373.40

Question 7

Calculate the amount on
₹15000.00
for
3

1
6
years

at
6.00% p.a.
compounded
half yearly

(i)

₹18091.89
(ii)

₹18087.89
(iii)

₹18090.89
(iv)

₹18089.89
(v)

₹18088.89

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

+

PR

100

]

n
(iii)

P

[

1

+

100

P

]

n
(iv)

P

[

1

+

R

100

]

n
(v)

P

[

1

+

100

PR

]

n

Question 9

If ROI is 3.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹1123.79 computed half yearly, then principal is

(i)

₹6999.00
(ii)

₹7001.00
(iii)

₹7000.00
(iv)

₹6998.00
(v)

₹7002.00

Question 10

10.

If ROI is 2.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹580.00 computed half yearly, then amount is

(i)

₹7579.00
(ii)

₹7581.00
(iii)

₹7580.00
(iv)

₹7582.00
(v)

₹7578.00

Question 11

11.

If principal is ₹10000.00, no of year(s) is 2 and accumulated compound interest computed half yearly is ₹406.04, then ROI per annum is

(i)

2.00%
(ii)

1.00%
(iii)

0.00%
(iv)

3.00%
(v)

4.00%

Question 12

12.

If principal is ₹16000.00, no of year(s) is 5 and accumulated compound interest computed half yearly is ₹2568.65, then amount is

(i)

₹18568.65
(ii)

₹18567.65
(iii)

₹18569.65
(iv)

₹18570.65
(v)

₹18566.65

Question 13

13.

If the difference of compound and simple interest on a certain principal is ₹20.66 for ROI 3.00% p.a. and no of year(s) 3 computed half yearly, then the principal =

(i)

₹5999.00
(ii)

₹5998.00
(iii)

₹6000.00
(iv)

₹6001.00
(v)

₹6002.00

Assignment Key