## 1. Rs. 10,000 is being compounded at 20% per annum. Calculate the amount after 2 years if the rate of interest is charged half yearly.

• A. 14600
• B. 12500
• C. 14642
• D. 14641 _Ans

• A. 1500
• B. 1600
• C. 1568 -Ans
• D. 1750

## 3. The simple interest on a certain sum of money invested at a certain rate for 2 years amounts to Rs. 1200. The compound interest on the same sum of money invested at the same rate of interest for 2 years amounts to Rs. 1290. What was the principal?

• A. Rs. 12000
• B. Rs. 16000
• C. Rs. 6000
• D. Rs. 4000 -Ans

• A. 2284 -Ans
• B. 2176
• C. 2097
• D. 2235

## 5. Find the interest on Rs.25000 at 12% p.a. Compound anualy for 3 years.

• A. 9,000
• B. 9,833.40
• C. 10,123.20 -Ans
• D. 10,678.90

## 6. What is the difference between the maturity value of two deposits of Rs.5,000 each invested for 2 years (1) at 5% simple interest and (ii) at the same interest compounded annually?

• A. Rs. 11.00
• B. Rs. 11.50
• C. Rs. 12.00
• D. Rs. 12.50 -Ans

## 7. Mr. Yudish borrowed Rs.3500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is:

• A. 285.6
• B. 3785.6 -Ans
• C. 3758.6
• D. 258.6

## 8. What is the compound interest on Rs. 48,000 for 2 years at 20 % p.a., if interest is compounded annually

• A. Rs. 69,120
• B. Rs. 21,120 -Ans
• C. Rs. 76,800
• D. Rs. 72,000

## 9. Mr. Devesh borrowed Rs. 4,500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is:

• A. Rs. 367.2 -Ans
• B. Rs. 4,867.2
• C. Rs. 4,876.2
• D. Rs. 376.2

## 10. What will Rs. 40,000 amount to in 2 years at the rate of 20% p.a., if interest is compounded yearly?

• A. Rs. 48,620
• B. Rs. 58,564
• C. Rs. 57,600 -Ans
• D. Rs. 60,000

## 11. A man deposits Rs.500 at the beginning of each year for 2 years at 10% p.a. compound annually. Find the maturity value at the end of the 2nd year.

• A. Rs. 1,050 -Ans
• B. Rs. 1,150
• C. Rs. 1,155
• D. Rs. 1,200