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 ₹14000.00, ROI is 3.00% p.a., no of year(s) is 4 and interest type is simple interest computed half yearly, then interest is

(i)

₹1679.00
(ii)

₹1680.00
(iii)

₹1678.00
(iv)

₹1682.00
(v)

₹1681.00

Question 2

If principal is ₹7000.00, ROI is 5.00% p.a., no of year(s) is 3 and interest type is simple interest computed half yearly, then amount is

(i)

₹8050.00
(ii)

₹8051.00
(iii)

₹8049.00
(iv)

₹8048.00
(v)

₹8052.00

Question 3

If principal is ₹6000.00, ROI is 9.00% p.a., no of year(s) is 3 and interest type is compound interest computed half yearly, then interest is

(i)

₹1812.56
(ii)

₹1811.56
(iii)

₹1814.56
(iv)

₹1813.56
(v)

₹1815.56

Question 4

If principal is ₹6000.00, ROI is 10.00% p.a., no of year(s) is 2 and interest type is compound interest computed half yearly, then amount is

(i)

₹7292.04
(ii)

₹7294.04
(iii)

₹7293.04
(iv)

₹7295.04
(v)

₹7291.04

Question 5

If the simple interest on a certain principal is ₹840.00 for 2 year(s) at ROI 3.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹857.09
(ii)

₹858.09
(iii)

₹859.09
(iv)

₹861.09
(v)

₹860.09

Question 6

at
3.00% p.a.
compounded
half yearly

(i)

₹7826.18
(ii)

₹7829.18
(iii)

₹7827.18
(iv)

₹7825.18
(v)

₹7828.18

Question 7

Calculate the amount on
₹7000.00
for
3

1
6
years

at
7.00% p.a.
compounded
half yearly

(i)

₹8707.18
(ii)

₹8704.18
(iii)

₹8705.18
(iv)

₹8703.18
(v)

₹8706.18

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

+

100

PR

]

n
(iii)

P

[

1

+

R

100

]

n
(iv)

P

[

1

−

R

100

]

n
(v)

P

[

1

+

PR

100

]

n

Question 9

If ROI is 5.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹2076.01 computed half yearly, then principal is

(i)

₹13002.00
(ii)

₹12999.00
(iii)

₹13000.00
(iv)

₹12998.00
(v)

₹13001.00

Question 10

10.

If ROI is 10.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹6121.72 computed half yearly, then amount is

(i)

₹24121.72
(ii)

₹24123.72
(iii)

₹24122.72
(iv)

₹24119.72
(v)

₹24120.72

Question 11

11.

If principal is ₹7000.00, no of year(s) is 5 and accumulated compound interest computed half yearly is ₹2874.19, then ROI per annum is

(i)

7.00%
(ii)

6.00%
(iii)

9.00%
(iv)

8.00%
(v)

5.00%

Question 12

12.

If principal is ₹20000.00, no of year(s) is 2 and accumulated compound interest computed half yearly is ₹1648.64, then amount is

(i)

₹21646.64
(ii)

₹21648.64
(iii)

₹21647.64
(iv)

₹21649.64
(v)

₹21650.64

Question 13

13.

If the difference of compound and simple interest on a certain principal is ₹38.56 for ROI 6.00% p.a. and no of year(s) 2 computed half yearly, then the principal =

(i)

₹7000.00
(ii)

₹6999.00
(iii)

₹7002.00
(iv)

₹7001.00
(v)

₹6998.00

Assignment Key