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Question 1
The compound amount after 3 years on a principal of Rs. x is same as that on a principal of Rs. (828 - x) after 4 years, then what is x if the rate of interest is 7% p.a. compounded yearly?
Question 2
What is the difference in compound interest and simple interest on an amount of Rs. 60000 for a period of 2 years if the rate is 2% p.a. compounded annually?
Question 3
The compound amount after 3 years on a principal of Rs. x is same as that on a principal of Rs. (816 - x) after 4 years, then what is x if the rate of interest is 4% p.a. compounded yearly?
Question 4
The compound amount after 2 years on a principal of Rs. P is same as that on a principal of Rs. (410 - P) after 3 years, then what is P if the rate of interest is 5% p.a. compounded yearly?
Question 5
What is the amount receivable on Rs. 80000 after 6 months, invested at a rate of 8% compounded quarterly?
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This Blog Post/Article "Compound Interest Quiz Set 003" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Updated on 2020-02-07. Published on: 2016-04-30