ICSE Board Practice

ICSE Grade X - Compound Interest
Question 1
1.
If principal is ₹13000.00, ROI is 8.00% p.a. and accumulated compound interest computed half yearly is ₹6243.18, then no of years is
  • 7
  • 6
  • 3
  • 4
  • 5
Question 2
2.
    • Calculate the amount on
    • ₹16000.00
    • for
    • 4
    • years
    • 4
    • months
    • at
    • 2.00% p.a.
    • compounded
    • quarterly
  • ₹17446.81
  • ₹17445.81
  • ₹17443.81
  • ₹17442.81
  • ₹17444.81
Question 3
3.
    • If the compound interest on a certain principal is ₹4428.07 for 5 year(s) at ROI 7.00% p.a. computed annually, then the simple interest for the same principal, terms and ROI =
  • ₹3851.00
  • ₹3852.00
  • ₹3849.00
  • ₹3848.00
  • ₹3850.00
Question 4
4.
The present value of a machine is ₹3000.00. Suppose it depreciates at the rate of 6.00% per annum, what is the value of the machine after 1 year(s)?
  • ₹2818.00
  • ₹2819.00
  • ₹2822.00
  • ₹2821.00
  • ₹2820.00
Question 5
5.
The population of a city is 30000. If the rate of decrease in population is 6.00% per annum, what is the popoulation after 5 year(s)?
  • 22037
  • 22007
  • 22017
  • 22027
  • 21997
Question 6
6.
    • If the compound interest on a certain principal is ₹2559.43 for 4 year(s) at ROI 7.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 9.00% p.a. ROI?
  • ₹3418.97
  • ₹3420.97
  • ₹3422.97
  • ₹3421.97
  • ₹3419.97
Question 7
7.
If ROI is 10.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹3931.25 computed quarterly, then amount is
  • ₹21932.25
  • ₹21933.25
  • ₹21930.25
  • ₹21929.25
  • ₹21931.25
Question 8
8.
If principal is ₹14000.00, ROI is 8.00% p.a., no of year(s) is 2 and interest type is compound interest computed quarterly, then amount is
  • ₹16403.23
  • ₹16401.23
  • ₹16402.23
  • ₹16404.23
  • ₹16405.23
Question 9
9.
If principal is ₹8000.00 and compound interest amount is ₹10559.43 for 4 year(s) computed quarterly, then interest is
  • ₹2561.43
  • ₹2557.43
  • ₹2558.43
  • ₹2559.43
  • ₹2560.43
Question 10
10.
If principal is ₹14000.00, ROI is 2.00% p.a. and accumulated compound interest computed half yearly is ₹568.46, then amount is
  • ₹14566.46
  • ₹14569.46
  • ₹14570.46
  • ₹14568.46
  • ₹14567.46