ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade VIII - Compound Interest
Question 1
1.
If principal is ₹16000.00 and compound interest amount is ₹18008.14 for 4 year(s) computed annually, then interest is
  • ₹2007.14
  • ₹2006.14
  • ₹2009.14
  • ₹2010.14
  • ₹2008.14
Question 2
2.
    • If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is
  • P
    [
    1
    −
    R
    100
    ]
    n
  • P
    [
    1
    +
    100
    PR
    ]
    n
  • P
    [
    1
    +
    PR
    100
    ]
    n
  • P
    [
    1
    +
    100
    P
    ]
    n
  • P
    [
    1
    +
    R
    100
    ]
    n
Question 3
3.
If principal is ₹11000.00, ROI is 2.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then interest is
  • ₹673.29
  • ₹672.29
  • ₹674.29
  • ₹675.29
  • ₹671.29
Question 4
4.
If principal is ₹9000.00 and compound interest amount is ₹10528.73 for 4 year(s) computed annually, then ROI per annum is
  • 3.00%
  • 5.00%
  • 2.00%
  • 6.00%
  • 4.00%
Question 5
5.
If ROI is 4.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹2497.28 computed annually, then amount is
  • ₹22497.28
  • ₹22495.28
  • ₹22499.28
  • ₹22498.28
  • ₹22496.28
Question 6
6.
If ROI is 2.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹404.00 computed annually, then principal is
  • ₹10000.00
  • ₹10001.00
  • ₹9999.00
  • ₹10002.00
  • ₹9998.00
Question 7
7.
If principal is ₹5000.00, ROI is 10.00% p.a. and accumulated compound interest computed annually is ₹2320.50, then no of years is
  • 3
  • 4
  • 5
  • 6
  • 2
Question 8
8.
If principal is ₹13000.00, ROI is 9.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then amount is
  • ₹16837.38
  • ₹16835.38
  • ₹16834.38
  • ₹16836.38
  • ₹16833.38
Question 9
9.
If principal is ₹17000.00, ROI is 8.00% p.a. and accumulated compound interest computed annually is ₹7978.58, then amount is
  • ₹24980.58
  • ₹24978.58
  • ₹24979.58
  • ₹24977.58
  • ₹24976.58
Question 10
10.
If principal is ₹8000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹1528.13, then amount is
  • ₹9527.13
  • ₹9526.13
  • ₹9529.13
  • ₹9528.13
  • ₹9530.13