EduSahara™ Assignment
Name : Compound Interest
Chapter : Compound Interest
Grade : ICSE Grade VIII
License : Non Commercial Use
Question
1
1.
If principal is ₹6000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is compound interest computed annually, then interest is
(i)
₹2815.97
(ii)
₹2816.97
(iii)
₹2814.97
(iv)
₹2813.97
(v)
₹2817.97
Question
2
2.
If principal is ₹16000.00, ROI is 4.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then amount is
(i)
₹17307.60
(ii)
₹17303.60
(iii)
₹17305.60
(iv)
₹17304.60
(v)
₹17306.60
Question
3
3.
If ROI is 10.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹3641.00 computed annually, then principal is
(i)
₹10998.00
(ii)
₹11001.00
(iii)
₹11002.00
(iv)
₹11000.00
(v)
₹10999.00
Question
4
4.
If ROI is 5.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹788.13 computed annually, then amount is
(i)
₹5790.13
(ii)
₹5787.13
(iii)
₹5786.13
(iv)
₹5789.13
(v)
₹5788.13
Question
5
5.
If principal is ₹11000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹2370.57, then ROI per annum is
(i)
6.00%
(ii)
5.00%
(iii)
4.00%
(iv)
7.00%
(v)
3.00%
Question
6
6.
If principal is ₹5000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹1475.15, then amount is
(i)
₹6475.15
(ii)
₹6473.15
(iii)
₹6474.15
(iv)
₹6476.15
(v)
₹6477.15
Question
7
7.
If principal is ₹17000.00, ROI is 5.00% p.a. and accumulated compound interest computed annually is ₹2679.63, then no of years is
(i)
5
(ii)
4
(iii)
1
(iv)
3
(v)
2
Question
8
8.
If principal is ₹5000.00, ROI is 6.00% p.a. and accumulated compound interest computed annually is ₹1312.38, then amount is
(i)
₹6310.38
(ii)
₹6314.38
(iii)
₹6311.38
(iv)
₹6312.38
(v)
₹6313.38
Question
9
9.
If principal is ₹20000.00 and compound interest amount is ₹24310.13 for 4 year(s) computed annually, then interest is
(i)
₹4311.13
(ii)
₹4308.13
(iii)
₹4309.13
(iv)
₹4310.13
(v)
₹4312.13
Question
10
10.
If principal is ₹19000.00 and compound interest amount is ₹25289.00 for 3 year(s) computed annually, then ROI per annum is
(i)
9.00%
(ii)
12.00%
(iii)
11.00%
(iv)
10.00%
(v)
8.00%
Assignment Key
1) (i)
2) (iii)
3) (iv)
4) (v)
5) (ii)
6) (i)
7) (iv)
8) (iv)
9) (iv)
10) (iv)
