ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade X - Compound Interest
Question 1
1.
If principal is ₹7000.00 and compound interest amount is ₹7865.20 for 2 year(s) computed annually, then ROI per annum is
  • 4.00%
  • 8.00%
  • 7.00%
  • 5.00%
  • 6.00%
Question 2
2.
    • If the compound interest on a certain principal is ₹9071.65 for 4 year(s) at ROI 10.00% p.a. computed half yearly, then what is the compound interest for the same principal and duration at 9.00% p.a. ROI?
  • ₹8019.91
  • ₹8021.91
  • ₹8020.91
  • ₹8017.91
  • ₹8018.91
Question 3
3.
    • If the compound interest on a certain principal is ₹1308.21 for 3 year(s) at ROI 3.00% p.a. computed half yearly, then the simple interest for the same principal, terms and ROI =
  • ₹1259.00
  • ₹1261.00
  • ₹1262.00
  • ₹1260.00
  • ₹1258.00
Question 4
4.
    • If the compound interest on a certain principal is ₹2400.93 for 4 year(s) at ROI 6.00% p.a. computed half yearly, then what is the compound interest for the same principal and ROI for 2 year(s)?
  • ₹1130.58
  • ₹1128.58
  • ₹1129.58
  • ₹1127.58
  • ₹1131.58
Question 5
5.
Calculate the amount due on ₹12000.00 in 3 years when the rates of interest during successive years are 6.00% p.a., 8.00% p.a., 2.00% p.a. respectively.
  • ₹14012.35
  • ₹14011.35
  • ₹14010.35
  • ₹14014.35
  • ₹14013.35
Question 6
6.
    • Calculate the amount on
    • ₹16000.00
    • for
    • 3
      11
      12
    • years
    • at
    • 7.00% p.a.
    • compounded
    • annually
  • ₹20860.40
  • ₹20856.40
  • ₹20859.40
  • ₹20858.40
  • ₹20857.40
Question 7
7.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹3317.82 computed half yearly, then amount is
  • ₹9317.82
  • ₹9318.82
  • ₹9319.82
  • ₹9316.82
  • ₹9315.82
Question 8
8.
If principal is ₹20000.00, ROI is 8.00% p.a., no of year(s) is 2 and interest type is compound interest computed quarterly, then interest is
  • ₹3433.19
  • ₹3432.19
  • ₹3431.19
  • ₹3434.19
  • ₹3435.19
Question 9
9.
The present value of a machine is ₹13000.00. Suppose it depreciates at the rate of 13.00% per annum, what was the value of the machine 2 year(s) ago?
  • ₹17176.32
  • ₹17175.32
  • ₹17177.32
  • ₹17173.32
  • ₹17174.32
Question 10
10.
If principal is ₹12000.00, no of year(s) is 5 and accumulated compound interest computed annually is ₹5631.94, then amount is
  • ₹17630.94
  • ₹17633.94
  • ₹17629.94
  • ₹17632.94
  • ₹17631.94