EduSahara™ Assignment
Name : Compound Interest
Chapter : Compound Interest
Grade : ICSE Grade VIII
License : Non Commercial Use
Question
1
1.
If principal is ₹19000.00, ROI is 4.00% p.a., no of year(s) is 4 and interest type is compound interest computed annually, then interest is
(i)
₹3228.31
(ii)
₹3229.31
(iii)
₹3227.31
(iv)
₹3225.31
(v)
₹3226.31
Question
2
2.
If principal is ₹7000.00, ROI is 10.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then amount is
(i)
₹9319.00
(ii)
₹9315.00
(iii)
₹9316.00
(iv)
₹9318.00
(v)
₹9317.00
Question
3
3.
If ROI is 9.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹3009.60 computed annually, then principal is
(i)
₹16001.00
(ii)
₹15999.00
(iii)
₹16000.00
(iv)
₹15998.00
(v)
₹16002.00
Question
4
4.
If ROI is 4.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹1142.40 computed annually, then amount is
(i)
₹15144.40
(ii)
₹15141.40
(iii)
₹15140.40
(iv)
₹15142.40
(v)
₹15143.40
Question
5
5.
If principal is ₹11000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹4527.40, then ROI per annum is
(i)
8.00%
(ii)
10.00%
(iii)
7.00%
(iv)
11.00%
(v)
9.00%
Question
6
6.
If principal is ₹5000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹788.13, then amount is
(i)
₹5786.13
(ii)
₹5790.13
(iii)
₹5789.13
(iv)
₹5787.13
(v)
₹5788.13
Question
7
7.
If principal is ₹15000.00, ROI is 8.00% p.a. and accumulated compound interest computed annually is ₹3895.68, then no of years is
(i)
4
(ii)
5
(iii)
2
(iv)
1
(v)
3
Question
8
8.
If principal is ₹5000.00, ROI is 10.00% p.a. and accumulated compound interest computed annually is ₹2320.50, then amount is
(i)
₹7319.50
(ii)
₹7320.50
(iii)
₹7321.50
(iv)
₹7318.50
(v)
₹7322.50
Question
9
9.
If principal is ₹16000.00 and compound interest amount is ₹19056.26 for 3 year(s) computed annually, then interest is
(i)
₹3055.26
(ii)
₹3054.26
(iii)
₹3058.26
(iv)
₹3056.26
(v)
₹3057.26
Question
10
10.
If principal is ₹12000.00 and compound interest amount is ₹15729.55 for 4 year(s) computed annually, then ROI per annum is
(i)
7.00%
(ii)
9.00%
(iii)
8.00%
(iv)
5.00%
(v)
6.00%
Assignment Key
1) (iii)
2) (v)
3) (iii)
4) (iv)
5) (v)
6) (v)
7) (v)
8) (ii)
9) (iv)
10) (i)
