ICSE Board Practice

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