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      Home > Quizzes and Fun Tests > GMAT Practice Tests > Free GMAT Practice Test - Math - Compound Interest Quiz

 
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 Free GMAT Practice Test - Math - Compound Interest Quiz

Welcome to the QuizMoz Free GMAT Practice Test - Math - Compound Interest Quiz. QuizMoz offers one of the Internet's largest collection of quizzes for you to tease your brain and pit your wits against the experienced QuizMoz quiz masters. Go ahead and find out what you know about yourself and the world around you. Best of luck!!

 Free GMAT Practice Test - Math - Compound Interest Quiz Facts
 Average Score for this quiz: 22%
 No of times this quiz has been taken: 17
 No of people passing this quiz: 4
 No of people failing this quiz: 13
 Maximum score for this quiz: 67%

Coverage
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The GMAT Practice Test - Math - Compound Interest has been designed to test the important concepts related to compound interest. The test covers important topics like determining compound interest annually or half-yearly on certain amount, computing simple interest, etc.
 Free GMAT Practice Test - Math - Compound Interest Discussion Forum
1. What will be the compound interest on Rs. 2500 at 16% per annum for 2 years 3 monthts, compounded annually?
a.568
b.162.13
c.469.27
d.998.56
2. What will be the compound interest on Rs. 3600 at 4% per annum for 2 year 6 months, compounded annually?
a.326
b.115.8
c.371.64
d.816
3. What will be the compound interest on Rs. 6500 at 4% per annum for 1 year, the interest being compounded half-yearly?
a.109.5
b.102
c.262.6
d.108
4. What will be the compound interest on Rs. 4400 at 16% per annum for 9 months, compounded quarterly?
a.549.40
b.563.6
c.164.67
d.546.12
5. What will be the compound interest on Rs. 7800 at 20% per annum for 6 months, compounded quarterly?
a.799.5
b.165.6
c.568.3
d.289.3
6. Find out the compound interest on the same sum for the same period at the same rate, if the simple interest on a sum of money at 5% p.a. for 2 years is Rs. 1000.
a.4855
b.1025
c.1564
d.1916
7. Find out in what time, will Rs. 32 become Rs. 243 at 50% p.a. compounded annually.
a.2
b.5
c.9
d.3
8. Find out in what time, will Rs. 1000 become Rs. 1331 at 10% p.a. compounded annually.
a.4
b.6
c.3
d.10
9. Find the sum, if the difference between the compound interest and simple interest on a certain sum at 50 % p.a. for 4 years is Rs. 2344.
a.652
b.640
c.500
d.684
10. Find out the principal that amounts to Rs. 4800 in 2 years at 25/6% p.a. compound interest compounded annually.
a.4556324
b.9885.53
c.4685.06
d.4423.68
11. Find out the present worth of Rs. 550 due in 2 years at 2% p.a. compound interest.
a.214.002
b.416.86
c.572.22
d.440.69
12. Find out the effective annual rate of interest corresponding to a nominal rate of 2% p.a. payable half yearly.
a.4.67%
b.9.88%
c.2.51%
d.2.01%
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