ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade VIII - Compound Interest
Question 1
1.
If principal is ₹11000.00, ROI is 2.00% p.a., no of year(s) is 5 and interest type is compound interest computed annually, then amount is
  • ₹12144.89
  • ₹12142.89
  • ₹12145.89
  • ₹12143.89
  • ₹12146.89
Question 2
2.
If principal is ₹20000.00 and compound interest amount is ₹26215.92 for 4 year(s) computed annually, then ROI per annum is
  • 5.00%
  • 8.00%
  • 7.00%
  • 6.00%
  • 9.00%
Question 3
3.
If principal is ₹18000.00, ROI is 6.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then interest is
  • ₹2225.80
  • ₹2224.80
  • ₹2223.80
  • ₹2222.80
  • ₹2226.80
Question 4
4.
If principal is ₹15000.00 and compound interest amount is ₹18375.65 for 3 year(s) computed annually, then interest is
  • ₹3374.65
  • ₹3377.65
  • ₹3376.65
  • ₹3375.65
  • ₹3373.65
Question 5
5.
    • 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
    −
    R
    100
    ]
    n
  • P
    [
    1
    +
    100
    PR
    ]
    n
  • P
    [
    1
    +
    100
    P
    ]
    n
  • P
    [
    1
    +
    PR
    100
    ]
    n
Question 6
6.
If ROI is 7.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹4050.77 computed annually, then amount is
  • ₹22048.77
  • ₹22050.77
  • ₹22051.77
  • ₹22052.77
  • ₹22049.77
Question 7
7.
If principal is ₹8000.00, ROI is 2.00% p.a. and accumulated compound interest computed annually is ₹659.46, then amount is
  • ₹8661.46
  • ₹8660.46
  • ₹8657.46
  • ₹8659.46
  • ₹8658.46
Question 8
8.
If principal is ₹20000.00, no of year(s) is 5 and accumulated compound interest computed annually is ₹2081.62, then ROI per annum is
  • 4.00%
  • 0.00%
  • 1.00%
  • 2.00%
  • 3.00%
Question 9
9.
If principal is ₹17000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹4462.11, then amount is
  • ₹21460.11
  • ₹21463.11
  • ₹21462.11
  • ₹21461.11
  • ₹21464.11
Question 10
10.
If principal is ₹7000.00, ROI is 4.00% p.a. and accumulated compound interest computed annually is ₹874.05, then no of years is
  • 4
  • 5
  • 3
  • 1
  • 2