ICSE Board Practice

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%