EduSahara™ Worksheet
Name : Chapter Based Worksheet
Chapter : Compound Interest
Grade : ICSE Grade IX
License : Non Commercial Use
Question
1
1.
If the compound interest on a certain principal is ₹1842.85 for 4 year(s) at ROI 8.00% p.a. computed half yearly, then what is the compound interest for the same principal and ROI for 2 year(s)?
(i)
₹849.29
(ii)
₹850.29
(iii)
₹847.29
(iv)
₹848.29
(v)
₹851.29
Question
2
2.
If the compound interest on a certain principal is ₹1114.92 for 5 year(s) at ROI 3.00% p.a. computed annually, then what is the compound interest for the same principal and ROI for 2 year(s)?
(i)
₹425.30
(ii)
₹424.30
(iii)
₹428.30
(iv)
₹427.30
(v)
₹426.30
Question
3
3.
Calculate the amount on
₹20000.00
for
2
years
11
months
at
9.00% p.a.
compounded
annually
(i)
₹25723.37
(ii)
₹25721.37
(iii)
₹25722.37
(iv)
₹25720.37
(v)
₹25724.37
Question
4
4.
If principal is ₹20000.00, ROI is 9.00% p.a., no of year(s) is 3 and interest type is compound interest computed quarterly, then interest is
(i)
₹6123.00
(ii)
₹6119.00
(iii)
₹6121.00
(iv)
₹6120.00
(v)
₹6122.00
Question
5
5.
If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is
(i)
P
[
1
+
100
P
]
n
(ii)
P
[
1
+
100
PR
]
n
(iii)
P
[
1
−
R
100
]
n
(iv)
P
[
1
+
PR
100
]
n
(v)
P
[
1
+
R
100
]
n
Question
6
6.
Calculate the amount on
₹19000.00
for
3
5
6
years
at
2.00% p.a.
compounded
half yearly
(i)
₹20506.38
(ii)
₹20508.38
(iii)
₹20504.38
(iv)
₹20505.38
(v)
₹20507.38
Question
7
7.
If principal is ₹5000.00, ROI is 10.00% p.a., no of year(s) is 2 computed half yearly, then the difference of compound and simple interest =
(i)
₹77.53
(ii)
₹79.53
(iii)
₹76.53
(iv)
₹75.53
(v)
₹78.53
Question
8
8.
If the difference of compound and simple interest on a certain principal is ₹496.00 for ROI 10.00% p.a. and no of year(s) 3 computed annually, then the principal =
(i)
₹15999.00
(ii)
₹16001.00
(iii)
₹16002.00
(iv)
₹16000.00
(v)
₹15998.00
Question
9
9.
If the compound interest amount for a certain principal is ₹7164.31 for 3 year(s) at an ROI of 6.00% p.a. computed half yearly, then principal is
(i)
₹5998.00
(ii)
₹6000.00
(iii)
₹5999.00
(iv)
₹6001.00
(v)
₹6002.00
Question
10
10.
If ROI is 10.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹3879.11 computed half yearly, then amount is
(i)
₹21880.11
(ii)
₹21881.11
(iii)
₹21877.11
(iv)
₹21879.11
(v)
₹21878.11
Question
11
11.
If the compound interest amount for a certain principal is ₹14793.78 for 3 year(s) at an ROI of 10.00% p.a. computed quarterly, then principal is
(i)
₹10999.00
(ii)
₹11002.00
(iii)
₹10998.00
(iv)
₹11000.00
(v)
₹11001.00
Question
12
12.
If principal is ₹6000.00, no of year(s) is 5 and accumulated compound interest computed quarterly is ₹2915.68, then amount is
(i)
₹8914.68
(ii)
₹8917.68
(iii)
₹8915.68
(iv)
₹8913.68
(v)
₹8916.68
Question
13
13.
If ROI is 7.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹4159.08 computed quarterly, then principal is
(i)
₹13001.00
(ii)
₹12999.00
(iii)
₹13000.00
(iv)
₹12998.00
(v)
₹13002.00
Question
14
14.
If the compound interest amount for a certain principal is ₹22089.72 for 2 year(s) at an ROI of 5.00% p.a. computed quarterly, then interest is
(i)
₹2090.72
(ii)
₹2091.72
(iii)
₹2089.72
(iv)
₹2087.72
(v)
₹2088.72
Question
15
15.
Calculate the amount on
₹16000.00
for
4
years
6
months
at
4.00% p.a.
compounded
half yearly
(i)
₹19120.48
(ii)
₹19119.48
(iii)
₹19122.48
(iv)
₹19121.48
(v)
₹19123.48
Question
16
16.
If principal is ₹20000.00, ROI is 4.00% p.a., no of year(s) is 3 and interest type is compound interest computed half yearly, then amount is
(i)
₹22521.25
(ii)
₹22523.25
(iii)
₹22524.25
(iv)
₹22525.25
(v)
₹22522.25
Question
17
17.
If principal is ₹15000.00 and compound interest amount is ₹17212.85 for 2 year(s) computed half yearly, then ROI per annum is
(i)
7.00%
(ii)
8.00%
(iii)
6.00%
(iv)
5.00%
(v)
9.00%
Question
18
18.
If the compound interest on a certain principal is ₹1071.62 for 2 year(s) at ROI 4.00% p.a. computed half yearly, then what is the compound interest for the same principal at 2.00% p.a. ROI and duration 3 year(s)?
(i)
₹799.76
(ii)
₹800.76
(iii)
₹798.76
(iv)
₹801.76
(v)
₹797.76
Question
19
19.
If principal is ₹17000.00 and compound interest amount is ₹19507.89 for 2 year(s) computed half yearly, then interest is
(i)
₹2508.89
(ii)
₹2506.89
(iii)
₹2507.89
(iv)
₹2505.89
(v)
₹2509.89
Question
20
20.
If ROI is 2.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹911.42 computed half yearly, then principal is
(i)
₹11000.00
(ii)
₹11001.00
(iii)
₹11002.00
(iv)
₹10998.00
(v)
₹10999.00
Question
21
21.
If the compound interest on a certain principal is ₹1599.65 for 4 year(s) at ROI 7.00% p.a. computed quarterly, then what is the compound interest for the same principal and ROI for 3 year(s)?
(i)
₹1159.20
(ii)
₹1155.20
(iii)
₹1156.20
(iv)
₹1158.20
(v)
₹1157.20
Question
22
22.
If the compound interest on a certain principal is ₹6783.08 for 4 year(s) at ROI 10.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 4.00% p.a. ROI?
(i)
₹2414.10
(ii)
₹2417.10
(iii)
₹2415.10
(iv)
₹2418.10
(v)
₹2416.10
Question
23
23.
If principal is ₹10000.00, ROI is 6.00% p.a., no of year(s) is 2 computed quarterly, then the difference of compound and simple interest =
(i)
₹66.93
(ii)
₹62.93
(iii)
₹65.93
(iv)
₹64.93
(v)
₹63.93
Question
24
24.
Calculate the amount on
₹15000.00
for
4
years
9
months
at
9.00% p.a.
compounded
quarterly
(i)
₹22893.56
(ii)
₹22891.56
(iii)
₹22890.56
(iv)
₹22894.56
(v)
₹22892.56
Question
25
25.
If principal is ₹18000.00, no of year(s) is 3 and accumulated compound interest computed half yearly is ₹1681.98, then amount is
(i)
₹19681.98
(ii)
₹19683.98
(iii)
₹19679.98
(iv)
₹19680.98
(v)
₹19682.98
Assignment Key
1) (i)
2) (v)
3) (iii)
4) (iii)
5) (v)
6) (i)
7) (i)
8) (iv)
9) (ii)
10) (iv)
11) (iv)
12) (iii)
13) (iii)
14) (iii)
15) (iv)
16) (ii)
17) (i)
18) (i)
19) (iii)
20) (i)
21) (v)
22) (v)
23) (iv)
24) (v)
25) (i)