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ICSE Grade IX - Compound Interest
Question
1
1.
If the compound interest amount for a certain principal is ₹9817.86 for 5 year(s) at an ROI of 7.00% p.a. computed annually, then interest is
₹2818.86
₹2815.86
₹2816.86
₹2817.86
₹2819.86
Question
2
2.
If the compound interest amount for a certain principal is ₹20188.60 for 5 year(s) at an ROI of 9.00% p.a. computed half yearly, then principal is
₹13001.00
₹12999.00
₹13000.00
₹13002.00
₹12998.00
Question
3
3.
If ROI is 2.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹994.28 computed half yearly, then principal is
₹12000.00
₹12002.00
₹12001.00
₹11999.00
₹11998.00
Question
4
4.
If principal is ₹11000.00, ROI is 4.00% p.a., no of year(s) is 5 and interest type is compound interest computed annually, then interest is
₹2383.18
₹2384.18
₹2382.18
₹2385.18
₹2381.18
Question
5
5.
If principal is ₹16000.00, ROI is 9.00% p.a., no of year(s) is 3 and interest type is compound interest computed quarterly, then interest is
₹4897.80
₹4894.80
₹4895.80
₹4896.80
₹4898.80
Question
6
6.
If principal is ₹13000.00, ROI is 4.00% p.a., no of year(s) is 4 and interest type is compound interest computed half yearly, then interest is
₹2230.57
₹2232.57
₹2229.57
₹2233.57
₹2231.57
Question
7
7.
If principal is ₹10000.00, ROI is 9.00% p.a. and accumulated compound interest computed half yearly is ₹1925.19, then no of years is
5
2
4
1
3
Question
8
8.
If principal is ₹5000.00, ROI is 8.00% p.a., no of year(s) is 4 computed half yearly, then the difference of compound and simple interest =
₹244.85
₹242.85
₹241.85
₹240.85
₹243.85
Question
9
9.
Calculate the amount on
₹17000.00
for
2
2
3
years
at
5.00% p.a.
compounded
quarterly
₹19407.01
₹19409.01
₹19408.01
₹19410.01
₹19411.01
Question
10
10.
Calculate the amount on
₹5000.00
for
3
years
5
months
at
4.00% p.a.
compounded
annually
₹5720.06
₹5719.06
₹5718.06
₹5717.06
₹5716.06
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