Compound Interest Online Test
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1. What is the difference between the compound interest and simple interest on Rs.8000 at 15% p.a. for 2 years?
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2. Mohit borrowed Rs. 7,500 from Sohan at 8 % per annum compound interest. After 2 year Mohit gave Rs. 6,248 and an old T.V. set to clear his account. Find the cost of the T.V. set.
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3.  Find the amount and the compound interest on ₹ 8000 for 4 years at 10% per annum interest reckoned yearly.
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4. What sum of money will amount to ₹ 9261 in 3 years at 5% per annum compound interest?
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5. Calculate the compound interest accrued on Rs.6,000 in 3 years, compounded yearly, if the rates for the successive years are 5%, 8% and 10% respectively.
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6. At what rate per cent will a sum of Rs. 4,000 yield Rs. 1,324 as compound interest in 3 years?
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7.  What sum invested for 1.5 year amount to ₹ 1,32,651 in 1 ½ years compounded half yearly at the rate of 4% p.a.?
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8. A sum compounded annually becomes 25/16 time of itself in two years. Determine the rate of interest.
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9. In how many years will Rs.7,000 amount to Rs.9,317 at 10% per annum compound interest?
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10. A certain sum amounts to ₹ 798.60 after 3 years and ₹ 878.46 after 4 years. Find the interest rate and the sum.
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