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Class X
ICSE Grade X - Compound Interest
Question
1
1.
If the simple interest on a certain principal is ₹500.00 for 5 year(s) at ROI 2.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =
₹521.40
₹522.40
₹520.40
₹518.40
₹519.40
Question
2
2.
If principal is ₹14000.00, no of year(s) is 2 and accumulated compound interest computed half yearly is ₹859.09, then ROI per annum is
4.00%
2.00%
1.00%
3.00%
5.00%
Question
3
3.
If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is
P
[
1
+
PR
100
]
n
P
[
1
+
100
PR
]
n
P
[
1
−
R
100
]
n
P
[
1
+
100
P
]
n
P
[
1
+
R
100
]
n
Question
4
4.
If ROI is 5.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹3298.34 computed quarterly, then principal is
₹14999.00
₹15002.00
₹14998.00
₹15001.00
₹15000.00
Question
5
5.
If the compound interest on a certain principal is ₹4149.66 for 4 year(s) at ROI 5.00% p.a. computed half yearly, then the simple interest for the same principal, terms and ROI =
₹3801.00
₹3798.00
₹3799.00
₹3802.00
₹3800.00
Question
6
6.
If the compound interest amount for a certain principal is ₹14620.83 for 4 year(s) at an ROI of 5.00% p.a. computed half yearly, then interest is
₹2621.83
₹2620.83
₹2622.83
₹2619.83
₹2618.83
Question
7
7.
If the compound interest on a certain principal is ₹3466.45 for 5 year(s) at ROI 4.00% p.a. computed annually, then what is the compound interest for the same principal at 10.00% p.a. ROI and duration 3 year(s)?
₹5294.00
₹5296.00
₹5297.00
₹5298.00
₹5295.00
Question
8
8.
If principal is ₹18000.00, no of year(s) is 2 and accumulated compound interest computed quarterly is ₹3089.87, then ROI per annum is
10.00%
7.00%
6.00%
9.00%
8.00%
Question
9
9.
If principal is ₹11000.00, ROI is 7.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then interest is
₹2473.47
₹2477.47
₹2475.47
₹2474.47
₹2476.47
Question
10
10.
If ROI is 3.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹934.43 computed half yearly, then principal is
₹9998.00
₹10001.00
₹10002.00
₹10000.00
₹9999.00
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