ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade X - Compound Interest
Question 1
1.
A man invests a ₹8000.00 for 2 years at 6.00% p.a. compounded annually. If 10% of the accrued interest at the end of each year is deducted as income tax, find the amount he receives at the end of 2 years.
  • ₹8889.33
  • ₹8886.33
  • ₹8888.33
  • ₹8887.33
  • ₹8885.33
Question 2
2.
If principal is ₹11000.00 and compound interest amount is ₹11911.42 for 2 year(s) computed quarterly, then ROI per annum is
  • 6.00%
  • 3.00%
  • 5.00%
  • 4.00%
  • 2.00%
Question 3
3.
If principal is ₹15000.00, ROI is 6.00% p.a. and accumulated compound interest computed quarterly is ₹4034.78, then no of years is
  • 5
  • 3
  • 2
  • 6
  • 4
Question 4
4.
If ROI is 8.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹4693.28 computed annually, then amount is
  • ₹14691.28
  • ₹14695.28
  • ₹14692.28
  • ₹14693.28
  • ₹14694.28
Question 5
5.
If principal is ₹6000.00, ROI is 4.00% p.a., no of year(s) is 2 and interest type is compound interest computed annually, then amount is
  • ₹6489.60
  • ₹6487.60
  • ₹6491.60
  • ₹6488.60
  • ₹6490.60
Question 6
6.
The population of a city is 50000. If the rate of decrease in population is 4.00% per annum, what is the popoulation after 5 year(s)?
  • 40769
  • 40779
  • 40749
  • 40789
  • 40759
Question 7
7.
If ROI is 4.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹3065.92 computed half yearly, then amount is
  • ₹17066.92
  • ₹17063.92
  • ₹17067.92
  • ₹17064.92
  • ₹17065.92
Question 8
8.
If the compound interest amount for a certain principal is ₹8662.85 for 4 year(s) at an ROI of 2.00% p.a. computed half yearly, then interest is
  • ₹663.85
  • ₹662.85
  • ₹661.85
  • ₹660.85
  • ₹664.85
Question 9
9.
If principal is ₹14000.00, no of year(s) is 5 and accumulated compound interest computed annually is ₹1457.13, then ROI per annum is
  • 2.00%
  • 4.00%
  • 1.00%
  • 3.00%
  • 0.00%
Question 10
10.
The present value of a machine is ₹5000.00. Suppose it depreciates at the rate of 9.00% per annum, what was the value of the machine 4 year(s) ago?
  • ₹7289.29
  • ₹7290.29
  • ₹7293.29
  • ₹7292.29
  • ₹7291.29