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ICSE Grade VIII - Compound Interest
Question
1
1.
If principal is ₹12000.00, ROI is 3.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then interest is
₹731.80
₹728.80
₹732.80
₹730.80
₹729.80
Question
2
2.
If principal is ₹6000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹1019.15, then amount is
₹7019.15
₹7018.15
₹7021.15
₹7017.15
₹7020.15
Question
3
3.
If principal is ₹6000.00 and compound interest amount is ₹7350.26 for 3 year(s) computed annually, then interest is
₹1348.26
₹1351.26
₹1352.26
₹1350.26
₹1349.26
Question
4
4.
If principal is ₹10000.00, ROI is 4.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then amount is
₹11246.64
₹11248.64
₹11250.64
₹11247.64
₹11249.64
Question
5
5.
If principal is ₹11000.00, no of year(s) is 2 and accumulated compound interest computed annually is ₹669.90, then ROI per annum is
3.00%
5.00%
4.00%
1.00%
2.00%
Question
6
6.
If ROI is 7.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹1593.90 computed annually, then amount is
₹12593.90
₹12592.90
₹12591.90
₹12594.90
₹12595.90
Question
7
7.
If principal is ₹5000.00, ROI is 6.00% p.a. and accumulated compound interest computed annually is ₹955.08, then no of years is
2
5
4
1
3
Question
8
8.
If principal is ₹7000.00, ROI is 2.00% p.a. and accumulated compound interest computed annually is ₹428.46, then amount is
₹7430.46
₹7429.46
₹7428.46
₹7426.46
₹7427.46
Question
9
9.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹10233.86 computed annually, then principal is
₹18999.00
₹19002.00
₹19000.00
₹19001.00
₹18998.00
Question
10
10.
If principal is ₹5000.00 and compound interest amount is ₹6655.00 for 3 year(s) computed annually, then ROI per annum is
8.00%
9.00%
10.00%
12.00%
11.00%
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