ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade IX - Compound Interest
Question 1
1.
If principal is ₹10000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹3107.96, then amount is
  • ₹13109.96
  • ₹13106.96
  • ₹13107.96
  • ₹13108.96
  • ₹13105.96
Question 2
2.
    • If the compound interest on a certain principal is ₹12772.33 for 5 year(s) at ROI 10.00% p.a. computed quarterly, then what is the compound interest for the same principal at 9.00% p.a. ROI and duration 3 year(s)?
  • ₹6122.00
  • ₹6123.00
  • ₹6120.00
  • ₹6119.00
  • ₹6121.00
Question 3
3.
A man invests a ₹7000.00 for 5 years at 8.00% 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.
  • ₹10098.23
  • ₹10097.23
  • ₹10095.23
  • ₹10094.23
  • ₹10096.23
Question 4
4.
    • If the compound interest on a certain principal is ₹8261.11 for 5 year(s) at ROI 8.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 6.00% p.a. ROI?
  • ₹5894.54
  • ₹5895.54
  • ₹5896.54
  • ₹5898.54
  • ₹5897.54
Question 5
5.
If principal is ₹8000.00, ROI is 10.00% p.a., no of year(s) is 5 and interest type is compound interest computed quarterly, then interest is
  • ₹5110.93
  • ₹5109.93
  • ₹5108.93
  • ₹5106.93
  • ₹5107.93
Question 6
6.
    • Calculate the amount on
    • ₹12000.00
    • for
    • 2
    • years
    • 6
    • months
    • at
    • 6.00% p.a.
    • compounded
    • quarterly
  • ₹13927.49
  • ₹13926.49
  • ₹13928.49
  • ₹13924.49
  • ₹13925.49
Question 7
7.
If ROI is 5.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹3666.48 computed quarterly, then amount is
  • ₹16665.48
  • ₹16667.48
  • ₹16664.48
  • ₹16666.48
  • ₹16668.48
Question 8
8.
If ROI is 7.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹4355.85 computed half yearly, then principal is
  • ₹19000.00
  • ₹19001.00
  • ₹18998.00
  • ₹19002.00
  • ₹18999.00
Question 9
9.
    • Calculate the amount on
    • ₹5000.00
    • for
    • 4
      11
      12
    • years
    • at
    • 5.00% p.a.
    • compounded
    • annually
  • ₹6357.08
  • ₹6355.08
  • ₹6358.08
  • ₹6356.08
  • ₹6354.08
Question 10
10.
    • If the compound interest on a certain principal is ₹7203.66 for 5 year(s) at ROI 8.00% p.a. computed half yearly, then what is the compound interest for the same principal at 9.00% p.a. ROI and duration 6 year(s)?
  • ₹10436.22
  • ₹10440.22
  • ₹10437.22
  • ₹10438.22
  • ₹10439.22