ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade X - Compound Interest
Question 1
1.
If principal is ₹14000.00, ROI is 9.00% p.a., no of year(s) is 4 and interest type is compound interest computed annually, then amount is
  • ₹19761.14
  • ₹19764.14
  • ₹19760.14
  • ₹19763.14
  • ₹19762.14
Question 2
2.
    • If the compound interest on a certain principal is ₹6917.84 for 5 year(s) at ROI 10.00% p.a. computed half yearly, then what is the compound interest for the same principal and ROI for 6 year(s)?
  • ₹8754.42
  • ₹8752.42
  • ₹8756.42
  • ₹8753.42
  • ₹8755.42
Question 3
3.
    • If the compound interest on a certain principal is ₹243.62 for 2 year(s) at ROI 2.00% p.a. computed half yearly, then the simple interest for the same principal, terms and ROI =
  • ₹242.00
  • ₹239.00
  • ₹240.00
  • ₹241.00
  • ₹238.00
Question 4
4.
    • Calculate the amount on
    • ₹10000.00
    • for
    • 3
      11
      12
    • years
    • at
    • 3.00% p.a.
    • compounded
    • annually
  • ₹11227.77
  • ₹11226.77
  • ₹11228.77
  • ₹11229.77
  • ₹11225.77
Question 5
5.
The present value of a machine is ₹10000.00. Suppose it depreciates at the rate of 5.00% per annum, what is the value of the machine after 1 year(s)?
  • ₹9501.00
  • ₹9500.00
  • ₹9498.00
  • ₹9499.00
  • ₹9502.00
Question 6
6.
    • If the difference of compound and simple interest on a certain principal is ₹11.70 for ROI 3.00% p.a. and no of year(s) 2 computed annually, then the principal =
  • ₹12999.00
  • ₹12998.00
  • ₹13000.00
  • ₹13002.00
  • ₹13001.00
Question 7
7.
If principal is ₹7000.00 and compound interest amount is ₹8960.59 for 5 year(s) computed half yearly, then interest is
  • ₹1959.59
  • ₹1962.59
  • ₹1958.59
  • ₹1960.59
  • ₹1961.59
Question 8
8.
    • If the simple interest on a certain principal is ₹1120.00 for 2 year(s) at ROI 8.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =
  • ₹1166.80
  • ₹1163.80
  • ₹1164.80
  • ₹1162.80
  • ₹1165.80
Question 9
9.
If principal is ₹11000.00, no of year(s) is 5 and accumulated compound interest computed quarterly is ₹4562.56, then amount is
  • ₹15564.56
  • ₹15562.56
  • ₹15560.56
  • ₹15563.56
  • ₹15561.56
Question 10
10.
A man borrows a ₹12000.00 at 9.00% p.a. compounded annually. If he repays ₹6540.00 at the end of year 1 ,₹3564.30 at the end of year 2 , how much loan is outstanding against him at the beginning of the year 3.
  • ₹3563.30
  • ₹3565.30
  • ₹3562.30
  • ₹3566.30
  • ₹3564.30