Practice Compound Interest Questions and Answers
- The compound interest on a sum of ₹ 5,500 at 15% p.a. for 2 years, when the interest is compounded 8 monthly, is:
- An article is marked 35% above its cost. If a profit of 20% is earned by selling the article, then the discount per cent offered on the marked price of the...
- What is the difference between the compound interest, when interest is compounded 5-monthly, and the simple interest on a sum of ₹12,000 for 1(1/4) years...
- The compound interest on Rs. 30,000 at 7%per annum for n years is Rs. 4347. The value of n is
- A invest Rs. X at 10% compound interest for 3 years. If difference between the interest of 3rd year and 2nd year is Rs. 1210, find the value of X.
- At what percentage rate, compound interest compounded annually for a sum of ₹40,000, will amount to ₹44,100 in two years?
- Compound interest on a certain sum of money for 2 years is Rs.2660 while the simple interest on the same sum for the same time period is Rs.2500. Find the ...
- The difference between simple and compound interest on a sum of Rs.1000 at the end of two years is Rs10. Find the total CI on a sum after 3 years is?
- Sara deposited Rs. 18,000 into an investment that offers a compound interest rate of 20% per annum, with semi-annual compounding. Calculate the interest ac...
- Amit deposited Rs. 15,000 into an investment with a 12% annual compound interest rate for a duration of two years. Calculate the total interest earned by A...
- Determine the compound interest earned on a principal amount of Rs. 10,000, which is invested at an annual interest rate of 42%, with interest being compou...
- The compound interest on a certain sum in 2.5 years at 10% p.a., interest compounded yearly, is 1,623. The sum is:
- What is the rate of compound interest annually? I. An amount doubles itself in 5 years on simple interest II. Difference between the compound interest and ...
- The difference of compound interest on Rs. 800 for 1 year at 20% per annum when interest is being compounded. Half-yearly and quarterly
- A certain sum invested at compound interest of 10% p. a compounded annually, returns Rs. 6292 after 2 years. If a 20% greater sum is invested at a simple i...
- The compound interest received on investing Rs. 4000 for 2 years at a compound interest of 20% p. a compounded annually is how much percentage more than th...
- What is the compound interest in a sum of 7500 for 12/5 years at 20% p.a., interest compounded yearly (nearest to an integer)?
- A property dealer bought a rectangular plot in Noida five years ago at the rate of Rs. 1000 thousand per square meter, the cost of plot increases by 5% eve...
- A sum of ₹ 2,400 compounded annually at a certain rate of compound interest in 2 years amounts to ₹ 2,904. What will be the simple interest (in ₹) on...
- A sum of ₹33,100 was divided between Timir and Monali in such a way that if both invested their shares at 10% compound interest per annum, the amount pay...
- What will be the amount payable on Maturity of ₹2,250 invested for three years 20% p.a. interest compounded yearly?
- A sum of money invested at a certain rate of compound interest per annum amounts to ₹86,800 in 2 years and to ₹95,4800 in 3 years. Find the rate of com...
- A sum of money at a certain rate of interest when compounded annually becomes ₹625 in 4 years and ₹675 in 5 years. What is the rate of Interest per ann...
- Raj and Simran each invested a sum of ₹10,000 for three years at 25% compound interest per annum. However, while for Raj the interest was compounded annu...
- Krishna lends ₹48000 to Neelam for a year at 25% interest per annum, compounded half yearly. Find the interest that must be paid by Neelam.
- Rs. (3y + 600) is invested at 40% p.a. compound interest, compounded annually for 2 years, and earns an interest of Rs. (4y - 1200). Determine the value of...
- Investing Rs. (4z + 400) at 20% p.a. compound interest for 3 years yields an interest of Rs. (5z - 800). Find the value of ‘z’.(Can calculate approxima...
- Mr. Kalra borrowed ₹1,55,000 to meet the expenses of his son's education. If the rate of interest is 12% per annum compounded annually, then how much amo...
- If Rs. 5,000 is compounded at an annual interest rate of 8%, what will be the amount after 3 years?
- A sum of money triples itself in 6 years when invested at a certain rate of compound interest. In how many years will it amount to twenty-seven times itsel...
- A sum of money was invested at 10% p.a. compound interest (compounded annually), and it amounted to Rs. 6050 at the end of 2 years. Find the original sum....
- A principal amount is invested at an annual compound interest rate of y%. After 2 years, the investment grows to Rs. 7200, and after 4 years, it reaches Rs...
- A person invested ₹15000 in a scheme for 3 years at 8% compound interest, compounded annually. After 3 years, the person decided to withdraw the amount a...
- A sum of rupees 5,000 is invested at 15% per annum compound interest for 1.5 years, compounded half-yearly. What will be the final amount?
- A person invested 6,000 in a bank at compound interest compounded annually. After 3 years, the sum became 7,986. What was the rate of interest?
- The difference between the compound interest and simple interest on a certain sum for 2 years at 12% per annum is 144. Find the principal amount.
- A certain sum of money amounts to ₹12,600 in 2 years and ₹14,490 in 3 years at compound interest. Find the rate of interest per annum.
- Rahul invested ₹4,000 in a scheme offering a compound interest rate of 16% per annum, compounded semi-annually. Calculate the total interest earned by hi...
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