ICSE Board Practice

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