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ICSE Grade VIII - Compound Interest
Question
1
1.
If principal is ₹17000.00, ROI is 7.00% p.a. and accumulated compound interest computed annually is ₹3825.73, then no of years is
2
5
4
1
3
Question
2
2.
If principal is ₹7000.00 and compound interest amount is ₹7717.50 for 2 year(s) computed annually, then ROI per annum is
7.00%
5.00%
4.00%
6.00%
3.00%
Question
3
3.
If principal is ₹5000.00, ROI is 10.00% p.a., no of year(s) is 4 and interest type is compound interest computed annually, then interest is
₹2321.50
₹2319.50
₹2322.50
₹2318.50
₹2320.50
Question
4
4.
If principal is ₹19000.00, ROI is 2.00% p.a., no of year(s) is 4 and interest type is compound interest computed annually, then amount is
₹20566.21
₹20565.21
₹20564.21
₹20568.21
₹20567.21
Question
5
5.
If ROI is 3.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹2070.56 computed annually, then amount is
₹15072.56
₹15068.56
₹15071.56
₹15070.56
₹15069.56
Question
6
6.
If principal is ₹5000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹1077.53, then amount is
₹6079.53
₹6077.53
₹6075.53
₹6078.53
₹6076.53
Question
7
7.
If principal is ₹9000.00 and compound interest amount is ₹9834.54 for 3 year(s) computed annually, then interest is
₹833.54
₹832.54
₹834.54
₹835.54
₹836.54
Question
8
8.
If ROI is 2.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹2081.62 computed annually, then principal is
₹19999.00
₹20001.00
₹20002.00
₹19998.00
₹20000.00
Question
9
9.
If principal is ₹14000.00, no of year(s) is 5 and accumulated compound interest computed annually is ₹1457.13, then ROI per annum is
2.00%
0.00%
1.00%
3.00%
4.00%
Question
10
10.
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
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