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Class X
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
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