ICSE Board Practice

ICSE Grade IX - Compound Interest
Question 1
1.
If ROI is 10.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹3060.86 computed half yearly, then amount is
  • ₹12060.86
  • ₹12059.86
  • ₹12061.86
  • ₹12062.86
  • ₹12058.86
Question 2
2.
If the compound interest amount for a certain principal is ₹17065.92 for 5 year(s) at an ROI of 4.00% p.a. computed half yearly, then interest is
  • ₹3065.92
  • ₹3066.92
  • ₹3067.92
  • ₹3063.92
  • ₹3064.92
Question 3
3.
If principal is ₹16000.00, ROI is 7.00% p.a. and accumulated compound interest computed half yearly is ₹5068.94, then amount is
  • ₹21066.94
  • ₹21070.94
  • ₹21067.94
  • ₹21068.94
  • ₹21069.94
Question 4
4.
If principal is ₹6000.00 and compound interest amount is ₹7319.34 for 4 year(s) computed quarterly, then interest is
  • ₹1321.34
  • ₹1320.34
  • ₹1318.34
  • ₹1317.34
  • ₹1319.34
Question 5
5.
    • If the compound interest on a certain principal is ₹571.20 for 2 year(s) at ROI 4.00% p.a. computed annually, then what is the compound interest for the same principal and duration at 5.00% p.a. ROI?
  • ₹715.50
  • ₹719.50
  • ₹717.50
  • ₹718.50
  • ₹716.50
Question 6
6.
    • Calculate the amount on
    • ₹8000.00
    • for
    • 4
      1

      4
    • years
    • at
    • 10.00% p.a.
    • compounded
    • annually
  • ₹12006.62
  • ₹12007.62
  • ₹12003.62
  • ₹12005.62
  • ₹12004.62
Question 7
7.
    • Calculate the amount on
    • ₹7000.00
    • for
    • 4
    • years
    • 2
    • months
    • at
    • 8.00% p.a.
    • compounded
    • half yearly
  • ₹9706.72
  • ₹9705.72
  • ₹9707.72
  • ₹9708.72
  • ₹9709.72
Question 8
8.
If principal is ₹5000.00, ROI is 7.00% p.a., no of year(s) is 3 and interest type is compound interest computed half yearly, then amount is
  • ₹6147.28
  • ₹6145.28
  • ₹6146.28
  • ₹6144.28
  • ₹6148.28
Question 9
9.
    • Calculate the amount on
    • ₹9000.00
    • for
    • 5
      1

      2
    • years
    • at
    • 10.00% p.a.
    • compounded
    • quarterly
  • ₹15496.14
  • ₹15493.14
  • ₹15495.14
  • ₹15494.14
  • ₹15492.14
Question 10
10.
A man invests a ₹7000.00 for 5 years at 7.00% p.a. compounded annually. If 5% of the accrued interest at the end of each year is deducted as income tax, find the amount he receives at the end of 5 years.
  • ₹9660.34
  • ₹9657.34
  • ₹9659.34
  • ₹9656.34
  • ₹9658.34