EduSahara™ Assignment
Name : Compound Interest Computed Anually
Chapter : Comparing Quantities
Grade : CBSE Grade VIII
License : Non Commercial Use
Question
1
1.
If principal is ₹19000.00, ROI is 6.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then interest is
(i)
₹3422.00
(ii)
₹3421.00
(iii)
₹3419.00
(iv)
₹3418.00
(v)
₹3420.00
Question
2
2.
If principal is ₹12000.00, ROI is 5.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then interest is
(i)
₹1892.50
(ii)
₹1889.50
(iii)
₹1891.50
(iv)
₹1893.50
(v)
₹1890.50
Question
3
3.
If principal is ₹16000.00, ROI is 3.00% p.a., no of year(s) is 4 and interest type is compound interest computed annually, then amount is
(i)
₹18008.14
(ii)
₹18007.14
(iii)
₹18009.14
(iv)
₹18010.14
(v)
₹18006.14
Question
4
4.
If ROI is 4.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹849.29 computed annually, then principal is
(i)
₹5000.00
(ii)
₹4999.00
(iii)
₹5001.00
(iv)
₹4998.00
(v)
₹5002.00
Question
5
5.
If ROI is 9.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹3292.65 computed annually, then amount is
(i)
₹11292.65
(ii)
₹11293.65
(iii)
₹11290.65
(iv)
₹11294.65
(v)
₹11291.65
Question
6
6.
If principal is ₹6000.00, no of year(s) is 2 and accumulated compound interest computed annually is ₹869.40, then ROI per annum is
(i)
8.00%
(ii)
6.00%
(iii)
7.00%
(iv)
9.00%
(v)
5.00%
Question
7
7.
If principal is ₹11000.00, no of year(s) is 2 and accumulated compound interest computed annually is ₹1593.90, then amount is
(i)
₹12593.90
(ii)
₹12591.90
(iii)
₹12595.90
(iv)
₹12592.90
(v)
₹12594.90
Question
8
8.
If principal is ₹18000.00, ROI is 5.00% p.a. and accumulated compound interest computed annually is ₹4973.07, then no of years is
(i)
5
(ii)
6
(iii)
3
(iv)
4
(v)
7
Question
9
9.
If principal is ₹19000.00, ROI is 4.00% p.a. and accumulated compound interest computed annually is ₹2372.42, then amount is
(i)
₹21372.42
(ii)
₹21370.42
(iii)
₹21371.42
(iv)
₹21373.42
(v)
₹21374.42
Question
10
10.
If principal is ₹5000.00 and compound interest amount is ₹6691.13 for 5 year(s) computed annually, then ROI per annum is
(i)
6.00%
(ii)
4.00%
(iii)
8.00%
(iv)
7.00%
(v)
5.00%
Question
11
11.
If the compound interest amount for a certain principal is ₹27917.23 for 5 year(s) at an ROI of 8.00% p.a. computed annually, then principal is
(i)
₹19000.00
(ii)
₹19001.00
(iii)
₹19002.00
(iv)
₹18999.00
(v)
₹18998.00
Question
12
12.
If the compound interest amount for a certain principal is ₹10927.27 for 3 year(s) at an ROI of 3.00% p.a. computed annually, then interest is
(i)
₹929.27
(ii)
₹927.27
(iii)
₹925.27
(iv)
₹926.27
(v)
₹928.27
Question
13
13.
If the simple interest on a certain principal is ₹1200.00 for 2 year(s) at ROI 5.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =
(i)
₹1228.00
(ii)
₹1232.00
(iii)
₹1229.00
(iv)
₹1230.00
(v)
₹1231.00
Question
14
14.
If the compound interest on a certain principal is ₹1483.63 for 3 year(s) at ROI 3.00% p.a. computed annually, then the simple interest for the same principal, terms and ROI =
(i)
₹1438.00
(ii)
₹1442.00
(iii)
₹1440.00
(iv)
₹1441.00
(v)
₹1439.00
Question
15
15.
Calculate the amount on
₹19000.00
for
5
years
11
months
at
6.00% p.a.
compounded
annually
(i)
₹26824.73
(ii)
₹26826.73
(iii)
₹26825.73
(iv)
₹26823.73
(v)
₹26822.73
Question
16
16.
Calculate the amount on
₹12000.00
for
2
5
6
years
at
2.00% p.a.
compounded
annually
(i)
₹12693.88
(ii)
₹12692.88
(iii)
₹12694.88
(iv)
₹12690.88
(v)
₹12691.88
Question
17
17.
A man borrows a ₹6000.00 at 4.00% p.a. compounded annually. If he repays ₹3120.00 at the end of year 1 ,₹1622.40 at the end of year 2 , how much loan is outstanding against him at the beginning of the year 3.
(i)
₹1623.40
(ii)
₹1624.40
(iii)
₹1620.40
(iv)
₹1621.40
(v)
₹1622.40
Question
18
18.
Find simple interest, if P = principal, T = time, R = rate percent per annum
(i)
PT
100 + R
(ii)
P + T + R
100
(iii)
100
PTR
(iv)
PTR
100
Question
19
19.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest
(i)
100 x SI
R x T
(ii)
PTR
100
(iii)
100 x SI
P x R
(iv)
100 x SI
P x T
Question
20
20.
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
+
100
PR
]
n
(iii)
P
[
1
+
100
P
]
n
(iv)
P
[
1
−
R
100
]
n
(v)
P
[
1
+
PR
100
]
n
Assignment Key
1) (v)
2) (iii)
3) (i)
4) (i)
5) (i)
6) (iii)
7) (i)
8) (i)
9) (i)
10) (i)
11) (i)
12) (ii)
13) (iv)
14) (iii)
15) (i)
16) (ii)
17) (v)
18) (iv)
19) (ii)
20) (i)
