| 1. | What will be the compound interest on Rs. 8000 at 6% per annum for 3 years, compounded annually? |
| a. | | 1080.19 |
| b. | | 1088 |
| c. | | 1528.13 |
| d. | | 4686
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| 2. | What will be the compound interest on Rs. 6400 at 4% per annum for 1 year, compounded annually? |
| a. | | 256 |
| b. | | 385 |
| c. | | 1056 |
| d. | | 463
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| 3. | What will be the compound interest on Rs. 7500 at 6% per annum for 2 years, compounded annually? |
| a. | | 120 |
| b. | | 230 |
| c. | | 927 |
| d. | | 358
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| 4. | What will be the compound interest on Rs. 2000 at 12% per annum for 1 year 4 months, compounded annually? |
| a. | | 329.6 |
| b. | | 239.8 |
| c. | | 227 |
| d. | | 118
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| 5. | 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
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| 6. | What will be the compound interest on Rs. 6000 at 8% per annum for 3 months, compounded quarterly? |
| a. | | 235 |
| b. | | 350 |
| c. | | 120 |
| d. | | 665
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| 7. | 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
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| 8. | Find out in what time, will Rs. 15625 become Rs. 21952 at 12% p.a. compounded annually. |
| a. | | 5 |
| b. | | 6 |
| c. | | 3 |
| d. | | 1
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| 9. | Find the sum, if the difference between the compound interest and simple interest on a certain sum at 20 % p.a. for 2 years is Rs. 500. |
| a. | | 65000 |
| b. | | 51000 |
| c. | | 84000 |
| d. | | 12500
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| 10. | Find out the principal that amounts to Rs. 2466 in 2 years at 50% p.a. compound interest compounded annually. |
| a. | | 1024 |
| b. | | 1096 |
| c. | | 32606 |
| d. | | 55668
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| 11. | 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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| 12. | Find out the rate of interest per annum if a sum of money invested at compound interest, amounts to Rs. 500 in 2 years and to Rs. 520 in 3 years. |
| a. | | 5% |
| b. | | 1% |
| c. | | 4% |
| d. | | 6%
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