ICSE Board Practice

ICSE Grade X - Compound Interest
Question 1
1.
    • If the compound interest on a certain principal is ₹3185.48 for 5 year(s) at ROI 3.00% p.a. computed annually, then what is the compound interest for the same principal and ROI for 2 year(s)?
  • ₹1216.00
  • ₹1219.00
  • ₹1218.00
  • ₹1220.00
  • ₹1217.00
Question 2
2.
The population of a city is 80000. If the rate of increase in population is 6.00% per annum, what is the population after 3 year(s)?
  • 95281
  • 95261
  • 95291
  • 95271
  • 95301
Question 3
3.
If principal is ₹19000.00, ROI is 8.00% p.a. and accumulated compound interest computed quarterly is ₹3261.53, then no of years is
  • 5
  • 4
  • 3
  • 1
  • 2
Question 4
4.
    • Calculate the amount on
    • ₹18000.00
    • for
    • 4
      5

      6
    • years
    • at
    • 7.00% p.a.
    • compounded
    • half yearly
  • ₹25104.57
  • ₹25106.57
  • ₹25105.57
  • ₹25103.57
  • ₹25102.57
Question 5
5.
    • If the compound interest on a certain principal is ₹1149.35 for 2 year(s) at ROI 5.00% p.a. computed quarterly, then the simple interest for the same principal, terms and ROI =
  • ₹1098.00
  • ₹1099.00
  • ₹1102.00
  • ₹1101.00
  • ₹1100.00
Question 6
6.
The population of a city is 90000. If the rate of decrease in population is 7.00% per annum, what is the popoulation after 5 year(s)?
  • 62622
  • 62612
  • 62592
  • 62632
  • 62602
Question 7
7.
    • Calculate the amount on
    • ₹12000.00
    • for
    • 3
      3

      4
    • years
    • at
    • 2.00% p.a.
    • compounded
    • quarterly
  • ₹12930.19
  • ₹12934.19
  • ₹12931.19
  • ₹12933.19
  • ₹12932.19
Question 8
8.
If ROI is 3.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹669.90 computed annually, then amount is
  • ₹11669.90
  • ₹11668.90
  • ₹11671.90
  • ₹11670.90
  • ₹11667.90
Question 9
9.
    • Calculate the amount on
    • ₹17000.00
    • for
    • 5
    • years
    • 1
    • months
    • at
    • 4.00% p.a.
    • compounded
    • quarterly
  • ₹20814.37
  • ₹20811.37
  • ₹20812.37
  • ₹20810.37
  • ₹20813.37
Question 10
10.
If ROI is 4.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹1142.40 computed annually, then principal is
  • ₹13998.00
  • ₹14001.00
  • ₹14002.00
  • ₹13999.00
  • ₹14000.00