ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade VIII - Compound Interest
Question 1
1.
If principal is ₹19000.00, ROI is 3.00% p.a. and accumulated compound interest computed annually is ₹1157.10, then amount is
  • ₹20155.10
  • ₹20158.10
  • ₹20156.10
  • ₹20157.10
  • ₹20159.10
Question 2
2.
If principal is ₹18000.00 and compound interest amount is ₹25245.93 for 5 year(s) computed annually, then ROI per annum is
  • 5.00%
  • 8.00%
  • 7.00%
  • 9.00%
  • 6.00%
Question 3
3.
If ROI is 10.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹3150.00 computed annually, then amount is
  • ₹18148.00
  • ₹18152.00
  • ₹18149.00
  • ₹18151.00
  • ₹18150.00
Question 4
4.
If ROI is 4.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹897.60 computed annually, then principal is
  • ₹11002.00
  • ₹11001.00
  • ₹10998.00
  • ₹10999.00
  • ₹11000.00
Question 5
5.
    • If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is
  • P
    [
    1
    +
    PR
    100
    ]
    n
  • P
    [
    1
    +
    R
    100
    ]
    n
  • P
    [
    1
    −
    R
    100
    ]
    n
  • P
    [
    1
    +
    100
    P
    ]
    n
  • P
    [
    1
    +
    100
    PR
    ]
    n
Question 6
6.
If principal is ₹19000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹5905.12, then ROI per annum is
  • 9.00%
  • 7.00%
  • 8.00%
  • 5.00%
  • 6.00%
Question 7
7.
If principal is ₹13000.00, ROI is 3.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then amount is
  • ₹13789.70
  • ₹13790.70
  • ₹13791.70
  • ₹13792.70
  • ₹13793.70
Question 8
8.
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
  • ₹2318.50
  • ₹2320.50
  • ₹2322.50
Question 9
9.
If principal is ₹16000.00, ROI is 6.00% p.a. and accumulated compound interest computed annually is ₹3056.26, then no of years is
  • 2
  • 3
  • 1
  • 5
  • 4
Question 10
10.
If principal is ₹6000.00 and compound interest amount is ₹7574.86 for 4 year(s) computed annually, then interest is
  • ₹1574.86
  • ₹1576.86
  • ₹1575.86
  • ₹1572.86
  • ₹1573.86