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 ₹8000.00, ROI is 7.00% p.a., no of year(s) is 4 and interest type is simple interest computed half yearly, then interest is

(i)

₹2239.00
(ii)

₹2240.00
(iii)

₹2241.00
(iv)

₹2238.00
(v)

₹2242.00

Question 2

If principal is ₹14000.00, 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)

₹15962.00
(ii)

₹15959.00
(iii)

₹15958.00
(iv)

₹15961.00
(v)

₹15960.00

Question 3

If principal is ₹18000.00, ROI is 3.00% p.a., no of year(s) is 2 and interest type is compound interest computed half yearly, then interest is

(i)

₹1106.54
(ii)

₹1103.54
(iii)

₹1102.54
(iv)

₹1104.54
(v)

₹1105.54

Question 4

If principal is ₹5000.00, 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)

₹6582.05
(ii)

₹6585.05
(iii)

₹6583.05
(iv)

₹6584.05
(v)

₹6586.05

Question 5

If the simple interest on a certain principal is ₹600.00 for 3 year(s) at ROI 2.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹613.20
(ii)

₹614.20
(iii)

₹616.20
(iv)

₹617.20
(v)

₹615.20

Question 6

at
8.00% p.a.
compounded
half yearly

(i)

₹6122.82
(ii)

₹6125.82
(iii)

₹6121.82
(iv)

₹6123.82
(v)

₹6124.82

Question 7

Calculate the amount on
₹7000.00
for
4

1
12
years

at
5.00% p.a.
compounded
half yearly

(i)

₹8565.36
(ii)

₹8566.36
(iii)

₹8564.36
(iv)

₹8563.36
(v)

₹8562.36

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

+

PR

100

]

n
(iii)

P

[

1

−

R

100

]

n
(iv)

P

[

1

+

100

PR

]

n
(v)

P

[

1

+

R

100

]

n

Question 9

If ROI is 2.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹911.42 computed half yearly, then principal is

(i)

₹11002.00
(ii)

₹10999.00
(iii)

₹11001.00
(iv)

₹11000.00
(v)

₹10998.00

Question 10

10.

If ROI is 5.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹2520.76 computed half yearly, then amount is

(i)

₹11522.76
(ii)

₹11520.76
(iii)

₹11518.76
(iv)

₹11521.76
(v)

₹11519.76

Question 11

11.

If principal is ₹20000.00, no of year(s) is 2 and accumulated compound interest computed half yearly is ₹2510.18, then ROI per annum is

(i)

7.00%
(ii)

8.00%
(iii)

6.00%
(iv)

4.00%
(v)

5.00%

Question 12

12.

If principal is ₹10000.00, no of year(s) is 2 and accumulated compound interest computed half yearly is ₹1925.19, then amount is

(i)

₹11925.19
(ii)

₹11924.19
(iii)

₹11926.19
(iv)

₹11923.19
(v)

₹11927.19

Question 13

13.

If the difference of compound and simple interest on a certain principal is ₹140.52 for ROI 6.00% p.a. and no of year(s) 3 computed half yearly, then the principal =

(i)

₹9998.00
(ii)

₹10000.00
(iii)

₹9999.00
(iv)

₹10001.00
(v)

₹10002.00

Assignment Key