EduSahara™ Assignment
Name : Compound Interest
Chapter : Compound Interest
Grade : ICSE Grade VIII
License : Non Commercial Use
Question
1
1.
If principal is ₹18000.00, ROI is 2.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then interest is
(i)
₹1102.74
(ii)
₹1099.74
(iii)
₹1103.74
(iv)
₹1100.74
(v)
₹1101.74
Question
2
2.
If principal is ₹6000.00, ROI is 7.00% p.a., no of year(s) is 5 and interest type is compound interest computed annually, then amount is
(i)
₹8415.31
(ii)
₹8414.31
(iii)
₹8413.31
(iv)
₹8417.31
(v)
₹8416.31
Question
3
3.
If ROI is 3.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹2548.39 computed annually, then principal is
(i)
₹16000.00
(ii)
₹15999.00
(iii)
₹16001.00
(iv)
₹16002.00
(v)
₹15998.00
Question
4
4.
If ROI is 9.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹5350.56 computed annually, then amount is
(i)
₹18349.56
(ii)
₹18351.56
(iii)
₹18352.56
(iv)
₹18348.56
(v)
₹18350.56
Question
5
5.
If principal is ₹18000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹2259.16, then ROI per annum is
(i)
4.00%
(ii)
3.00%
(iii)
2.00%
(iv)
5.00%
(v)
1.00%
Question
6
6.
If principal is ₹11000.00, no of year(s) is 5 and accumulated compound interest computed annually is ₹2383.18, then amount is
(i)
₹13382.18
(ii)
₹13384.18
(iii)
₹13385.18
(iv)
₹13381.18
(v)
₹13383.18
Question
7
7.
If principal is ₹12000.00, ROI is 10.00% p.a. and accumulated compound interest computed annually is ₹7326.12, then no of years is
(i)
6
(ii)
3
(iii)
5
(iv)
7
(v)
4
Question
8
8.
If principal is ₹15000.00, ROI is 2.00% p.a. and accumulated compound interest computed annually is ₹606.00, then amount is
(i)
₹15608.00
(ii)
₹15605.00
(iii)
₹15604.00
(iv)
₹15606.00
(v)
₹15607.00
Question
9
9.
If principal is ₹13000.00 and compound interest amount is ₹15208.16 for 4 year(s) computed annually, then interest is
(i)
₹2206.16
(ii)
₹2208.16
(iii)
₹2209.16
(iv)
₹2210.16
(v)
₹2207.16
Question
10
10.
If principal is ₹18000.00 and compound interest amount is ₹22674.82 for 3 year(s) computed annually, then ROI per annum is
(i)
8.00%
(ii)
9.00%
(iii)
7.00%
(iv)
6.00%
(v)
10.00%
Assignment Key
1) (v)
2) (i)
3) (i)
4) (v)
5) (ii)
6) (v)
7) (iii)
8) (iv)
9) (ii)
10) (i)
