EduSahara™ Assignment
Name : Compound Interest
Chapter : Compound Interest
Grade : ICSE Grade VIII
License : Non Commercial Use
Question
1
1.
If principal is ₹5000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is compound interest computed annually, then interest is
(i)
₹2347.64
(ii)
₹2348.64
(iii)
₹2344.64
(iv)
₹2345.64
(v)
₹2346.64
Question
2
2.
If principal is ₹13000.00, ROI is 6.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then amount is
(i)
₹14605.80
(ii)
₹14606.80
(iii)
₹14607.80
(iv)
₹14608.80
(v)
₹14604.80
Question
3
3.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹2693.12 computed annually, then principal is
(i)
₹5001.00
(ii)
₹4998.00
(iii)
₹5002.00
(iv)
₹5000.00
(v)
₹4999.00
Question
4
4.
If ROI is 8.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹1996.80 computed annually, then amount is
(i)
₹13995.80
(ii)
₹13997.80
(iii)
₹13994.80
(iv)
₹13996.80
(v)
₹13998.80
Question
5
5.
If principal is ₹11000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹2887.25, then ROI per annum is
(i)
4.00%
(ii)
7.00%
(iii)
8.00%
(iv)
5.00%
(v)
6.00%
Question
6
6.
If principal is ₹8000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹1261.00, then amount is
(i)
₹9259.00
(ii)
₹9261.00
(iii)
₹9260.00
(iv)
₹9262.00
(v)
₹9263.00
Question
7
7.
If principal is ₹8000.00, ROI is 2.00% p.a. and accumulated compound interest computed annually is ₹659.46, then no of years is
(i)
2
(ii)
6
(iii)
5
(iv)
4
(v)
3
Question
8
8.
If principal is ₹18000.00, ROI is 7.00% p.a. and accumulated compound interest computed annually is ₹4050.77, then amount is
(i)
₹22050.77
(ii)
₹22051.77
(iii)
₹22048.77
(iv)
₹22052.77
(v)
₹22049.77
Question
9
9.
If principal is ₹8000.00 and compound interest amount is ₹8323.20 for 2 year(s) computed annually, then interest is
(i)
₹323.20
(ii)
₹325.20
(iii)
₹322.20
(iv)
₹321.20
(v)
₹324.20
Question
10
10.
If principal is ₹17000.00 and compound interest amount is ₹18387.20 for 2 year(s) computed annually, then ROI per annum is
(i)
3.00%
(ii)
6.00%
(iii)
2.00%
(iv)
4.00%
(v)
5.00%
Assignment Key
1) (v)
2) (ii)
3) (iv)
4) (iv)
5) (v)
6) (ii)
7) (iv)
8) (i)
9) (i)
10) (iv)
