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 ₹3734.78 for 4 year(s) at ROI 6.00% p.a. computed half yearly, then what is the compound interest for the same principal at 3.00% p.a. ROI and duration 5 year(s)?
(i)
₹2245.57
(ii)
₹2248.57
(iii)
₹2246.57
(iv)
₹2249.57
(v)
₹2247.57
Question
2
2.
If principal is ₹18000.00, no of year(s) is 3 and accumulated compound interest computed half yearly is ₹1107.36, then amount is
(i)
₹19109.36
(ii)
₹19107.36
(iii)
₹19105.36
(iv)
₹19106.36
(v)
₹19108.36
Question
3
3.
If principal is ₹8000.00, ROI is 5.00% p.a., no of year(s) is 4 computed quarterly, then the difference of compound and simple interest =
(i)
₹158.12
(ii)
₹159.12
(iii)
₹157.12
(iv)
₹160.12
(v)
₹161.12
Question
4
4.
If the compound interest on a certain principal is ₹2028.60 for 2 year(s) at ROI 7.00% p.a. computed annually, then what is the compound interest for the same principal at 6.00% p.a. ROI and duration 3 year(s)?
(i)
₹2674.22
(ii)
₹2676.22
(iii)
₹2672.22
(iv)
₹2673.22
(v)
₹2675.22
Question
5
5.
Calculate the amount on
₹20000.00
for
3
years
8
months
at
6.00% p.a.
compounded
quarterly
(i)
₹24881.47
(ii)
₹24879.47
(iii)
₹24883.47
(iv)
₹24880.47
(v)
₹24882.47
Question
6
6.
If principal is ₹7000.00, ROI is 5.00% p.a., no of year(s) is 5 and interest type is compound interest computed half yearly, then amount is
(i)
₹8958.59
(ii)
₹8959.59
(iii)
₹8961.59
(iv)
₹8962.59
(v)
₹8960.59
Question
7
7.
If the compound interest amount for a certain principal is ₹9331.20 for 2 year(s) at an ROI of 8.00% p.a. computed annually, then principal is
(i)
₹8002.00
(ii)
₹8001.00
(iii)
₹8000.00
(iv)
₹7999.00
(v)
₹7998.00
Question
8
8.
If ROI is 9.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹2337.97 computed quarterly, then amount is
(i)
₹14337.97
(ii)
₹14339.97
(iii)
₹14338.97
(iv)
₹14336.97
(v)
₹14335.97
Question
9
9.
If the compound interest on a certain principal is ₹370.07 for 3 year(s) at ROI 2.00% p.a. computed quarterly, then what is the compound interest for the same principal and ROI for 5 year(s)?
(i)
₹628.37
(ii)
₹631.37
(iii)
₹630.37
(iv)
₹627.37
(v)
₹629.37
Question
10
10.
If the compound interest on a certain principal is ₹2052.99 for 5 year(s) at ROI 7.00% p.a. computed half yearly, then what is the compound interest for the same principal and ROI for 6 year(s)?
(i)
₹2553.34
(ii)
₹2556.34
(iii)
₹2555.34
(iv)
₹2557.34
(v)
₹2554.34
Question
11
11.
If the compound interest on a certain principal is ₹1048.52 for 3 year(s) at ROI 2.00% p.a. computed quarterly, then what is the compound interest for the same principal at 5.00% p.a. ROI and duration 5 year(s)?
(i)
₹4796.63
(ii)
₹4793.63
(iii)
₹4792.63
(iv)
₹4795.63
(v)
₹4794.63
Question
12
12.
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
−
R
100
]
n
(iii)
P
[
1
+
100
PR
]
n
(iv)
P
[
1
+
R
100
]
n
(v)
P
[
1
+
PR
100
]
n
Question
13
13.
A man borrows a ₹17000.00 at 2.00% p.a. compounded annually. If he repays ₹8670.00 at the end of year 1 ,₹2210.85 at the end of year 2 , how much loan is outstanding against him at the beginning of the year 3.
(i)
₹6633.55
(ii)
₹6632.55
(iii)
₹6634.55
(iv)
₹6630.55
(v)
₹6631.55
Question
14
14.
If the compound interest amount for a certain principal is ₹16473.43 for 4 year(s) at an ROI of 8.00% p.a. computed quarterly, then interest is
(i)
₹4472.43
(ii)
₹4474.43
(iii)
₹4471.43
(iv)
₹4473.43
(v)
₹4475.43
Question
15
15.
If principal is ₹18000.00 and compound interest amount is ₹20259.16 for 4 year(s) computed annually, then ROI per annum is
(i)
2.00%
(ii)
1.00%
(iii)
3.00%
(iv)
4.00%
(v)
5.00%
Question
16
16.
If the compound interest amount for a certain principal is ₹22686.99 for 3 year(s) at an ROI of 6.00% p.a. computed half yearly, then principal is
(i)
₹19000.00
(ii)
₹19002.00
(iii)
₹18999.00
(iv)
₹19001.00
(v)
₹18998.00
Question
17
17.
If principal is ₹18000.00, ROI is 9.00% p.a., no of year(s) is 5 and interest type is compound interest computed quarterly, then amount is
(i)
₹28089.17
(ii)
₹28087.17
(iii)
₹28091.17
(iv)
₹28090.17
(v)
₹28088.17
Question
18
18.
Calculate the amount on
₹6000.00
for
3
1
12
years
at
8.00% p.a.
compounded
quarterly
(i)
₹7659.18
(ii)
₹7661.18
(iii)
₹7660.18
(iv)
₹7662.18
(v)
₹7658.18
Question
19
19.
If ROI is 7.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹5594.33 computed annually, then principal is
(i)
₹17998.00
(ii)
₹18001.00
(iii)
₹18000.00
(iv)
₹18002.00
(v)
₹17999.00
Question
20
20.
If the compound interest on a certain principal is ₹646.40 for 2 year(s) at ROI 2.00% p.a. computed annually, then what is the compound interest for the same principal and ROI for 3 year(s)?
(i)
₹980.33
(ii)
₹977.33
(iii)
₹978.33
(iv)
₹981.33
(v)
₹979.33
Question
21
21.
If principal is ₹15000.00, ROI is 7.00% p.a., no of year(s) is 2 computed annually, then the difference of compound and simple interest =
(i)
₹74.50
(ii)
₹73.50
(iii)
₹71.50
(iv)
₹75.50
(v)
₹72.50
Question
22
22.
If ROI is 6.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹6088.06 computed annually, then amount is
(i)
₹24090.06
(ii)
₹24089.06
(iii)
₹24088.06
(iv)
₹24086.06
(v)
₹24087.06
Question
23
23.
If principal is ₹13000.00, ROI is 3.00% p.a., no of year(s) is 3 computed half yearly, then the difference of compound and simple interest =
(i)
₹45.76
(ii)
₹42.76
(iii)
₹44.76
(iv)
₹43.76
(v)
₹46.76
Question
24
24.
If principal is ₹15000.00, ROI is 5.00% p.a., no of year(s) is 5 and interest type is compound interest computed half yearly, then interest is
(i)
₹4200.27
(ii)
₹4201.27
(iii)
₹4203.27
(iv)
₹4199.27
(v)
₹4202.27
Question
25
25.
If the difference of compound and simple interest on a certain principal is ₹831.70 for ROI 10.00% p.a. and no of year(s) 5 computed quarterly, then the principal =
(i)
₹6001.00
(ii)
₹6000.00
(iii)
₹5998.00
(iv)
₹6002.00
(v)
₹5999.00
Assignment Key
1) (v)
2) (ii)
3) (ii)
4) (i)
5) (i)
6) (v)
7) (iii)
8) (i)
9) (v)
10) (iii)
11) (v)
12) (iv)
13) (ii)
14) (iv)
15) (iii)
16) (i)
17) (i)
18) (iii)
19) (iii)
20) (v)
21) (ii)
22) (iii)
23) (iii)
24) (ii)
25) (ii)