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 ₹9000.00, ROI is 4.00% p.a., no of year(s) is 3 and interest type is simple interest computed half yearly, then interest is

(i)

₹1079.00
(ii)

₹1078.00
(iii)

₹1081.00
(iv)

₹1082.00
(v)

₹1080.00

Question 2

If principal is ₹13000.00, ROI is 7.00% p.a., no of year(s) is 2 and interest type is simple interest computed half yearly, then amount is

(i)

₹14820.00
(ii)

₹14822.00
(iii)

₹14819.00
(iv)

₹14821.00
(v)

₹14818.00

Question 3

If principal is ₹20000.00, ROI is 9.00% p.a., no of year(s) is 2 and interest type is compound interest computed half yearly, then interest is

(i)

₹3848.37
(ii)

₹3849.37
(iii)

₹3850.37
(iv)

₹3851.37
(v)

₹3852.37

Question 4

If principal is ₹19000.00, ROI is 8.00% p.a., no of year(s) is 4 and interest type is compound interest computed half yearly, then amount is

(i)

₹26002.81
(ii)

₹26001.81
(iii)

₹26004.81
(iv)

₹26000.81
(v)

₹26003.81

Question 5

If the simple interest on a certain principal is ₹1400.00 for 2 year(s) at ROI 10.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹1510.54
(ii)

₹1508.54
(iii)

₹1506.54
(iv)

₹1509.54
(v)

₹1507.54

Question 6

at
7.00% p.a.
compounded
half yearly

(i)

₹18123.62
(ii)

₹18125.62
(iii)

₹18122.62
(iv)

₹18121.62
(v)

₹18124.62

Question 7

Calculate the amount on
₹13000.00
for
4

3
4
years

at
2.00% p.a.
compounded
half yearly

(i)

₹14289.00
(ii)

₹14287.00
(iii)

₹14291.00
(iv)

₹14290.00
(v)

₹14288.00

Question 8

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

(i)

P

[

1

+

PR

100

]

n
(ii)

P

[

1

+

R

100

]

n
(iii)

P

[

1

−

R

100

]

n
(iv)

P

[

1

+

100

PR

]

n
(v)

P

[

1

+

100

P

]

n

Question 9

If ROI is 2.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹676.72 computed half yearly, then principal is

(i)

₹11001.00
(ii)

₹11000.00
(iii)

₹10999.00
(iv)

₹11002.00
(v)

₹10998.00

Question 10

10.

If ROI is 4.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹412.16 computed half yearly, then amount is

(i)

₹5413.16
(ii)

₹5410.16
(iii)

₹5411.16
(iv)

₹5412.16
(v)

₹5414.16

Question 11

11.

If principal is ₹16000.00, no of year(s) is 2 and accumulated compound interest computed half yearly is ₹2008.14, then ROI per annum is

(i)

6.00%
(ii)

5.00%
(iii)

8.00%
(iv)

7.00%
(v)

4.00%

Question 12

12.

If principal is ₹17000.00, no of year(s) is 4 and accumulated compound interest computed half yearly is ₹8116.74, then amount is

(i)

₹25116.74
(ii)

₹25118.74
(iii)

₹25115.74
(iv)

₹25114.74
(v)

₹25117.74

Question 13

13.

If the difference of compound and simple interest on a certain principal is ₹266.99 for ROI 6.00% p.a. and no of year(s) 3 computed half yearly, then the principal =

(i)

₹18999.00
(ii)

₹19001.00
(iii)

₹19000.00
(iv)

₹18998.00
(v)

₹19002.00

Assignment Key