ICSE Board Practice

ICSE Grade IX - Compound Interest
Question 1
1.
If ROI is 5.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹4512.60 computed quarterly, then principal is
  • ₹15998.00
  • ₹15999.00
  • ₹16000.00
  • ₹16002.00
  • ₹16001.00
Question 2
2.
If the compound interest amount for a certain principal is ₹18360.37 for 2 year(s) at an ROI of 7.00% p.a. computed half yearly, then interest is
  • ₹2358.37
  • ₹2360.37
  • ₹2362.37
  • ₹2359.37
  • ₹2361.37
Question 3
3.
    • If principal is ₹7000.00, ROI is 9.00% p.a., no of year(s) is 4 computed annually, then the difference of compound and simple interest =
  • ₹359.07
  • ₹360.07
  • ₹363.07
  • ₹361.07
  • ₹362.07
Question 4
4.
If principal is ₹12000.00, no of year(s) is 4 and accumulated compound interest computed quarterly is ₹5131.46, then ROI per annum is
  • 10.00%
  • 9.00%
  • 7.00%
  • 11.00%
  • 8.00%
Question 5
5.
If principal is ₹10000.00, ROI is 7.00% p.a., no of year(s) is 2 and interest type is compound interest computed half yearly, then amount is
  • ₹11475.23
  • ₹11477.23
  • ₹11476.23
  • ₹11473.23
  • ₹11474.23
Question 6
6.
If principal is ₹11000.00, no of year(s) is 4 and accumulated compound interest computed half yearly is ₹4054.26, then amount is
  • ₹15054.26
  • ₹15056.26
  • ₹15052.26
  • ₹15055.26
  • ₹15053.26
Question 7
7.
If principal is ₹17000.00, ROI is 9.00% p.a. and accumulated compound interest computed quarterly is ₹9528.66, then amount is
  • ₹26526.66
  • ₹26530.66
  • ₹26528.66
  • ₹26527.66
  • ₹26529.66
Question 8
8.
    • If the compound interest on a certain principal is ₹678.46 for 3 year(s) at ROI 2.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 3.00% p.a. ROI?
  • ₹1031.88
  • ₹1032.88
  • ₹1029.88
  • ₹1033.88
  • ₹1030.88
Question 9
9.
    • If the compound interest on a certain principal is ₹325.66 for 2 year(s) at ROI 2.00% p.a. computed quarterly, then what is the compound interest for the same principal at 7.00% p.a. ROI and duration 5 year(s)?
  • ₹3320.23
  • ₹3317.23
  • ₹3319.23
  • ₹3316.23
  • ₹3318.23
Question 10
10.
If the compound interest amount for a certain principal is ₹28071.65 for 4 year(s) at an ROI of 10.00% p.a. computed half yearly, then principal is
  • ₹18998.00
  • ₹19001.00
  • ₹18999.00
  • ₹19002.00
  • ₹19000.00