ICSE Board Practice

ICSE Grade VIII - Compound Interest
Question 1
1.
If principal is ₹12000.00, no of year(s) is 2 and accumulated compound interest computed annually is ₹1483.20, then amount is
  • ₹13483.20
  • ₹13482.20
  • ₹13481.20
  • ₹13485.20
  • ₹13484.20
Question 2
2.
    • If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is
  • P
    [
    1
    +
    PR

    100
    ]
    n
  • P
    [
    1
    +
    R

    100
    ]
    n
  • P
    [
    1
    R

    100
    ]
    n
  • P
    [
    1
    +
    100

    P
    ]
    n
  • P
    [
    1
    +
    100

    PR
    ]
    n
Question 3
3.
If principal is ₹17000.00, ROI is 8.00% p.a. and accumulated compound interest computed annually is ₹2828.80, then amount is
  • ₹19829.80
  • ₹19830.80
  • ₹19826.80
  • ₹19828.80
  • ₹19827.80
Question 4
4.
If ROI is 5.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹3591.66 computed annually, then principal is
  • ₹13000.00
  • ₹13001.00
  • ₹12998.00
  • ₹12999.00
  • ₹13002.00
Question 5
5.
If ROI is 7.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹5283.53 computed annually, then amount is
  • ₹22281.53
  • ₹22282.53
  • ₹22285.53
  • ₹22283.53
  • ₹22284.53
Question 6
6.
If principal is ₹20000.00 and compound interest amount is ₹22898.00 for 2 year(s) computed annually, then interest is
  • ₹2896.00
  • ₹2900.00
  • ₹2898.00
  • ₹2897.00
  • ₹2899.00
Question 7
7.
If principal is ₹11000.00, ROI is 6.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then amount is
  • ₹13101.18
  • ₹13103.18
  • ₹13099.18
  • ₹13102.18
  • ₹13100.18
Question 8
8.
If principal is ₹18000.00, ROI is 5.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then interest is
  • ₹1846.00
  • ₹1847.00
  • ₹1845.00
  • ₹1844.00
  • ₹1843.00
Question 9
9.
If principal is ₹15000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹3232.59, then ROI per annum is
  • 3.00%
  • 6.00%
  • 7.00%
  • 5.00%
  • 4.00%
Question 10
10.
If principal is ₹18000.00, ROI is 4.00% p.a. and accumulated compound interest computed annually is ₹2247.55, then no of years is
  • 3
  • 1
  • 2
  • 5
  • 4