ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade VIII - Compound Interest
Question 1
1.
If principal is ₹8000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹1800.34, then amount is
  • ₹9799.34
  • ₹9800.34
  • ₹9802.34
  • ₹9798.34
  • ₹9801.34
Question 2
2.
If principal is ₹9000.00, ROI is 3.00% p.a., no of year(s) is 5 and interest type is compound interest computed annually, then amount is
  • ₹10435.47
  • ₹10432.47
  • ₹10434.47
  • ₹10431.47
  • ₹10433.47
Question 3
3.
    • If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is
  • P
    [
    1
    +
    100
    P
    ]
    n
  • P
    [
    1
    +
    100
    PR
    ]
    n
  • P
    [
    1
    −
    R
    100
    ]
    n
  • P
    [
    1
    +
    PR
    100
    ]
    n
  • P
    [
    1
    +
    R
    100
    ]
    n
Question 4
4.
If ROI is 3.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹1129.58 computed annually, then principal is
  • ₹8999.00
  • ₹9002.00
  • ₹9001.00
  • ₹9000.00
  • ₹8998.00
Question 5
5.
If principal is ₹9000.00 and compound interest amount is ₹9834.54 for 3 year(s) computed annually, then interest is
  • ₹836.54
  • ₹832.54
  • ₹834.54
  • ₹833.54
  • ₹835.54
Question 6
6.
If principal is ₹11000.00, ROI is 9.00% p.a. and accumulated compound interest computed annually is ₹2069.10, then no of years is
  • 1
  • 3
  • 4
  • 5
  • 2
Question 7
7.
If principal is ₹15000.00, no of year(s) is 3 and accumulated compound interest computed annually is ₹2364.38, then ROI per annum is
  • 4.00%
  • 3.00%
  • 6.00%
  • 7.00%
  • 5.00%
Question 8
8.
If principal is ₹12000.00, ROI is 9.00% p.a. and accumulated compound interest computed annually is ₹6463.49, then amount is
  • ₹18465.49
  • ₹18463.49
  • ₹18461.49
  • ₹18464.49
  • ₹18462.49
Question 9
9.
If principal is ₹11000.00, ROI is 3.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then interest is
  • ₹1021.00
  • ₹1020.00
  • ₹1022.00
  • ₹1019.00
  • ₹1018.00
Question 10
10.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹6463.49 computed annually, then amount is
  • ₹18465.49
  • ₹18464.49
  • ₹18461.49
  • ₹18463.49
  • ₹18462.49