ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade IX - Compound Interest
Question 1
1.
If principal is ₹5000.00, ROI is 10.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then interest is
  • ₹1048.00
  • ₹1049.00
  • ₹1051.00
  • ₹1050.00
  • ₹1052.00
Question 2
2.
If principal is ₹10000.00, ROI is 7.00% p.a. and accumulated compound interest computed half yearly is ₹3168.09, then no of years is
  • 5
  • 4
  • 6
  • 3
  • 2
Question 3
3.
    • If the compound interest on a certain principal is ₹1390.90 for 3 year(s) at ROI 3.00% p.a. computed annually, then what is the compound interest for the same principal at 9.00% p.a. ROI and duration 2 year(s)?
  • ₹2822.50
  • ₹2821.50
  • ₹2820.50
  • ₹2823.50
  • ₹2819.50
Question 4
4.
    • Calculate the amount on
    • ₹12000.00
    • for
    • 3
    • years
    • 9
    • months
    • at
    • 9.00% p.a.
    • compounded
    • quarterly
  • ₹16753.48
  • ₹16752.48
  • ₹16755.48
  • ₹16756.48
  • ₹16754.48
Question 5
5.
A man invests a ₹15000.00 for 3 years at 6.00% p.a. compounded annually. If 6% of the accrued interest at the end of each year is deducted as income tax, find the amount he receives at the end of 3 years.
  • ₹17684.83
  • ₹17681.83
  • ₹17685.83
  • ₹17683.83
  • ₹17682.83
Question 6
6.
If principal is ₹16000.00 and compound interest amount is ₹18548.39 for 5 year(s) computed annually, then interest is
  • ₹2548.39
  • ₹2549.39
  • ₹2550.39
  • ₹2546.39
  • ₹2547.39
Question 7
7.
If principal is ₹13000.00, ROI is 2.00% p.a. and accumulated compound interest computed quarterly is ₹529.19, then amount is
  • ₹13529.19
  • ₹13527.19
  • ₹13530.19
  • ₹13531.19
  • ₹13528.19
Question 8
8.
    • If the compound interest on a certain principal is ₹3272.82 for 2 year(s) at ROI 9.00% p.a. computed half yearly, then what is the compound interest for the same principal at 4.00% p.a. ROI and duration 5 year(s)?
  • ₹3723.91
  • ₹3721.91
  • ₹3724.91
  • ₹3722.91
  • ₹3720.91
Question 9
9.
If principal is ₹8000.00 and compound interest amount is ₹8839.16 for 5 year(s) computed quarterly, then ROI per annum is
  • 3.00%
  • 1.00%
  • 0.00%
  • 2.00%
  • 4.00%
Question 10
10.
If principal is ₹8000.00 and compound interest amount is ₹10134.16 for 4 year(s) computed half yearly, then ROI per annum is
  • 4.00%
  • 6.00%
  • 5.00%
  • 7.00%
  • 8.00%