Compound Interest Quiz 1 February 4, 2012 by kumar Two friends krishna and ravi jointly lent Rs.1,682 at 5% per annum at compound interest,payable annually.3 years after krishna gets the same amount as ravi gets after 5 years.The investment of krishna and ravi are(in rupees)982,800820,882882,800900,982 A sum of money placed at compound interest doubles itself in 4 years.It will amount to 8 times of itself in6 years16 years12 years8 years The difference between simple and compound interest on a certain sum of money for 3 years at 10% per annum is Rs.15.50.the sum isRs.550Rs.500Rs.5000Rs.5500 What is the compound interest on Rs.4,000 for 2 years at the rate of 10% per annum?Rs.840Rs.550Rs.850Rs.480 A sum of money deposited at compound interest amounts to Rs.6,690 after 3 years and Rs.10,035 after 6 years.The sum isRs.4,450Rs.4,460Rs.4,550Rs.4,400 The compound interest on a certain sum for 2 years is Rs.41 and the simple interest is Rs.40.What is the rate percent?10%5%4%6% The difference between simple and compound interest s compounded annually on a certain amount of money for 2 years at 4% per annum is re.1.The sum is(in rupees)630640625610 Radha borrows rs.12,500 at 20% compound interest.At the end of every year she pays Rs.2,000 as part of repayment.How much does she still owe after three such instalments?Rs.14,320Rs.13,320Rs.14,420Rs.14,330 The compound interest on Rs.200 for 3 years at 105 per annum,the total amount isRs.663Rs.660Rs.600Rs.662 A sum of money is borrowed and paid back in 2 instalments of rs.882 each allowing 5% compound interest.The sum borrowed was:Rs.1620Rs.1640Rs.16001500 An article is bought for Rs.200 and sold the same day for Rs.242 at a credit of 2 years.If the rate of interest is 10% compounded annually then there isA gain 1%A gain of 2%a loss of 1%no gain and no loss If the compound interest on a certain sum for 2 years at 4% per annum is Rs.9,792,the simple interest on the same sum for same time and at the same rate of interest isRs.96Rs.90Rs.8084 The difference between simple interest of 12% p.a and compound interest of 12% p.a. compounded half-yearly on a sum of Rs.3,000 in one year isRs.10.80Rs.18.80Rs.12Rs.24 A sum of money is invested at compound interest annually.The interest in two successive years is Rs.250 and Rs.263.50.The rate of interest charged is4%5%6%6 1/4% What sum of money at compound interest will amount to Rs.2,249.52 in 3 years.If the rate of interest is 3% for the first year,14% for the 2nd year and 5% for the third year,then calculate sum?Rs.2,000Rs.1,000Rs.2,500Rs.2,200 Related posts: Simple Interest Quiz 1