EduSahara™ Assignment
Name : Compound Interest Computed Half-yearly
Chapter : Comparing Quantities using Proportion
Grade : SSC Grade VIII
License : Non Commercial Use
Question
1
1.
If principal is ₹16000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is simple interest computed half yearly, then interest is
(i)
₹6402.00
(ii)
₹6398.00
(iii)
₹6401.00
(iv)
₹6399.00
(v)
₹6400.00
Question
2
2.
If principal is ₹5000.00, ROI is 3.00% p.a., no of year(s) is 3 and interest type is simple interest computed half yearly, then amount is
(i)
₹5452.00
(ii)
₹5448.00
(iii)
₹5450.00
(iv)
₹5449.00
(v)
₹5451.00
Question
3
3.
If principal is ₹5000.00, 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)
₹1699.48
(ii)
₹1702.48
(iii)
₹1701.48
(iv)
₹1700.48
(v)
₹1698.48
Question
4
4.
If principal is ₹7000.00, ROI is 7.00% p.a., no of year(s) is 4 and interest type is compound interest computed half yearly, then amount is
(i)
₹9219.66
(ii)
₹9215.66
(iii)
₹9217.66
(iv)
₹9218.66
(v)
₹9216.66
Question
5
5.
If the simple interest on a certain principal is ₹3900.00 for 5 year(s) at ROI 6.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =
(i)
₹4470.91
(ii)
₹4471.91
(iii)
₹4469.91
(iv)
₹4468.91
(v)
₹4472.91
Question
6
6.
Calculate the amount on
₹16000.00
for
5
years
11
months
at
6.00% p.a.
compounded
half yearly
(i)
₹22703.44
(ii)
₹22700.44
(iii)
₹22702.44
(iv)
₹22699.44
(v)
₹22701.44
Question
7
7.
Calculate the amount on
₹11000.00
for
2
2
3
years
at
10.00% p.a.
compounded
half yearly
(i)
₹14271.08
(ii)
₹14274.08
(iii)
₹14273.08
(iv)
₹14272.08
(v)
₹14275.08
Question
8
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
+
100
P
]
n
(iv)
P
[
1
−
R
100
]
n
(v)
P
[
1
+
R
100
]
n
Question
9
9.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹8294.54 computed half yearly, then principal is
(i)
₹14999.00
(ii)
₹15000.00
(iii)
₹15001.00
(iv)
₹15002.00
(v)
₹14998.00
Question
10
10.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹8294.54 computed half yearly, then amount is
(i)
₹23292.54
(ii)
₹23296.54
(iii)
₹23294.54
(iv)
₹23295.54
(v)
₹23293.54
Question
11
11.
If principal is ₹13000.00, no of year(s) is 5 and accumulated compound interest computed half yearly is ₹1360.09, then ROI per annum is
(i)
2.00%
(ii)
3.00%
(iii)
4.00%
(iv)
1.00%
(v)
0.00%
Question
12
12.
If principal is ₹15000.00, no of year(s) is 2 and accumulated compound interest computed half yearly is ₹1236.48, then amount is
(i)
₹16236.48
(ii)
₹16237.48
(iii)
₹16235.48
(iv)
₹16238.48
(v)
₹16234.48
Question
13
13.
If the difference of compound and simple interest on a certain principal is ₹128.25 for ROI 4.00% p.a. and no of year(s) 4 computed half yearly, then the principal =
(i)
₹10998.00
(ii)
₹10999.00
(iii)
₹11001.00
(iv)
₹11000.00
(v)
₹11002.00
Assignment Key
1) (v)
2) (iii)
3) (iv)
4) (iii)
5) (i)
6) (v)
7) (iii)
8) (v)
9) (ii)
10) (iii)
11) (i)
12) (i)
13) (iv)