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    Adobe Scan 22-Sep-2022

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    Jassimran Kaur
    The document contains 15 practice questions related to calculating simple and compound interest on various principal amounts at given interest rates and time periods. The questions cover topics such as calculating principal amounts given interest rates and time periods, determining interest rates based on interest earned over time, and calculating the difference between simple and compound interest. Correct answers are provided for each multiple choice question.

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    Adobe Scan 22-Sep-2022

    Uploaded by

    Jassimran Kaur
    19 views19 pages
    The document contains 15 practice questions related to calculating simple and compound interest on various principal amounts at given interest rates and time periods. The questions cover topics such as calculating principal amounts given interest rates and time periods, determining interest rates based on interest earned over time, and calculating the difference between simple and compound interest. Correct answers are provided for each multiple choice question.

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    The document contains 15 practice questions related to calculating simple and compound interest on various principal amounts at given interest rates and time periods. The questions cover topics such as calculating principal amounts given interest rates and time periods, determining interest rates based on interest earned over time, and calculating the difference between simple and compound interest. Correct answers are provided for each multiple choice question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    19 views19 pages

    Adobe Scan 22-Sep-2022

    Uploaded by

    Jassimran Kaur
    The document contains 15 practice questions related to calculating simple and compound interest on various principal amounts at given interest rates and time periods. The questions cover topics such as calculating principal amounts given interest rates and time periods, determining interest rates based on interest earned over time, and calculating the difference between simple and compound interest. Correct answers are provided for each multiple choice question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 19

    The principal, which will amounts

    to Rs 270.40 in 2 years at the rate


    of 4% per annum compound
    interest, is

    a 2 Tf 270.40 T UT erRrRT
    RT?
    a) Rs 200 b) Rs 225
    c) Rs 2500 d) Rs 220
    In how many years will Rs 2000
    amountS to Rs 2420 at 10% per
    annum compound interest?
    fheATH b 7 4 2000, 10 TTYTT AITY5
    TqTE T Y ¥ 2420 T
    TY TT?
    a) 3 years b) 2 years
    c) 2 years d) 1;years years
    A sum of Rs 8000 will amount to Rs
    8820 in 2 years if the interest is
    calculated every year. The rate of
    Compound interest is

    a) 6% b) 7%
    c) 3% d) 5%
    At a rateof 10 percent per annum
    for a fixed period, the compound
    interest is Rs 378 at Rs 1800. Find
    the time in years

    a) 2.5 years b) 2.0 years


    c) 2.8 years d) 3.0 years
    The principal of Rs. 10000 at the
    rate of 10 per cent per annum in
    the first year, and 12 per cent per
    annum in the second year, by

    adding a compound interest of two


    years, how many rupees?
    10000 780 T 10

    a) 12000 b) 12320
    c) 12500 d 11320
    An amount at 8 percent per annum
    compound interest becomes Rs
    2916 in 2 years. Will the interest
    on the same amount be 9 percent

    per annum simple interest for 3


    years?

    9 TTT STTT HTETYUT


    3 a forÀ a E1?
    a) Rs 625 b) Rs 600
    c) Rs 675 d) Rs 650
    If difference beween the S.I and
    C.I on some principal amount at
    20% for 3 years is Rs 48, then
    the principal amount must be
    fp eRTfRT TN 3 q fer, 20 ufda

    AIT a 5q y 48 , TETT
    a) Rs 6500 b) Rs 600
    c) Rs 375 d) Rs 400
    e) None of these
    What is the difference between
    compound interest on Rs 5000
    for 1years at 4% per annum
    the interest is compounded
    yearly and half yearly?

    a) Rs 2.044 b) Rs 3.06
    c) Rs 8.300 d) Rs 4.80
    A certain amount becomes
    double in 6 years at the rate of
    compound interest, how much
    will it be in 30 years

    6 79 ai TiH BT TTI E, 30 79
    a) 32 b) 30
    c) 24 d) 27
    A sum of money becomes triple
    in 9 years at the rate of
    compound interest, how much
    will it be in 36 years?

    a) 80 b) 81
    c)85 d) 64
    10- A money becomes 3 times its
    interest in 3 years at compoundd
    interest. In how many years will
    that money be 9 times the same
    rate?

    a) 6 b) 3
    c)4 d) 5
    A money becomes 3 times its
    interest in 3 years at compound
    interest. In how many years will
    that money be 9 times the same
    rate?

    q9T 9 T I G}T?
    a) 6 b) 3
    C)4 d) 5
    If a sum becomes 3 times at
    some rate of interest in 3 years,
    then what is the annual rate of
    interest?

    f-8?
    a) 33% b) 25%
    c)50% d) 16 %
    At a certain rate per annum, the
    simple interest on a sum of money
    for one year is Rs 260 and the
    compound interest on the same
    sum for two years is Rs 540.80. Thhe
    rate of interest per annum is:

    a) 4% b) 6%
    c8% d) 10%
    What is the rate of interest (in 6) if
    simple interest earned on a certain
    sum for the 3 years is Rs 6000 and

    compound interest earned for 2


    years is Rs 4160?

    iT TR 3 HI f r 3ifuta FTHTNT AT
    6000 4 3R 2 HTA 3fta
    Ts5qE Y I 4160 74 8?
    a) 9 b) 8
    c)12 d) 6
    The compound interest on Rs
    16000 for 9 months at 20% per
    annum,
    interest being compounded
    quarterly is
    16000 eTRif4R 20 ufTG afe5

    a) Rs 2520 b) Rs 2524
    c) Rs 2522 d) Rs 2518
    If interest is added
    half-yearly, then
    in how much time the amount of Rs
    80000 will be Rs 92610 at 10
    percent annual compound interest
    rate?

    80000 TT 10 TT c 5 zqE&

    a) 2 years b) 2 years
    c) 3 years d) 1 years
    The compound interest on a
    certain sum of money at 5% per
    annum for 2 years is Rs 246. The
    simple interest on the same sum
    for 3 years at 6% per annum is

    a) Rs 435 b) Rs 450
    c) Rs 430 d) Rs 432
    (SSC CCI Tiom 200n)
    What is the difference between
    the simple and compound
    interest on Rs 7300 at the rate of
    6 p.a.p.a. in 2 years?
    7300 R 6 UTI, RÀ 2 q
    3CR8?
    a) Rs 29.37 b) Rs 26.28
    c) Rs 31.41
    d) Rs 23.222
    e) Rs 21.34
    (IRDC n

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