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ICSE Grade IX - Compound Interest
Question
1
1.
Calculate the amount on
₹16000.00
for
3
years
7
months
at
5.00% p.a.
compounded
half yearly
₹19098.22
₹19096.22
₹19100.22
₹19097.22
₹19099.22
Question
2
2.
If the compound interest on a certain principal is ₹2143.14 for 2 year(s) at ROI 9.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 10.00% p.a. ROI?
₹2400.43
₹2401.43
₹2403.43
₹2404.43
₹2402.43
Question
3
3.
If principal is ₹15000.00 and compound interest amount is ₹23294.54 for 5 year(s) computed half yearly, then interest is
₹8295.54
₹8296.54
₹8292.54
₹8294.54
₹8293.54
Question
4
4.
If principal is ₹6000.00 and compound interest amount is ₹6741.60 for 2 year(s) computed annually, then ROI per annum is
7.00%
8.00%
6.00%
4.00%
5.00%
Question
5
5.
If principal is ₹19000.00 and compound interest amount is ₹25426.29 for 5 year(s) computed annually, then interest is
₹6425.29
₹6428.29
₹6424.29
₹6427.29
₹6426.29
Question
6
6.
Calculate the amount on
₹9000.00
for
4
3
4
years
at
3.00% p.a.
compounded
half yearly
₹10366.69
₹10367.69
₹10365.69
₹10369.69
₹10368.69
Question
7
7.
If principal is ₹5000.00, no of year(s) is 5 and accumulated compound interest computed annually is ₹2346.64, then ROI per annum is
7.00%
10.00%
8.00%
9.00%
6.00%
Question
8
8.
If principal is ₹6000.00, ROI is 7.00% p.a., no of year(s) is 5 and interest type is compound interest computed quarterly, then amount is
₹8490.67
₹8488.67
₹8489.67
₹8487.67
₹8486.67
Question
9
9.
Calculate the amount on
₹11000.00
for
4
7
12
years
at
2.00% p.a.
compounded
quarterly
₹12054.27
₹12053.27
₹12055.27
₹12051.27
₹12052.27
Question
10
10.
If principal is ₹10000.00 and compound interest amount is ₹14276.21 for 4 year(s) computed quarterly, then ROI per annum is
8.00%
11.00%
7.00%
9.00%
10.00%
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