Free Test Compound Interest – General...

Q1: If ₹5000 is invested at 10% compounded annually for 2 years, what is the compound interest?

A. ₹1000 B. ₹1050 C. ₹1100 D. ₹1155

Q2: What will be the compound interest on ₹8000 at 5% per annum for 3 years compounded annually?

A. ₹1261 B. ₹1262 C. ₹1260 D. ₹1258

Q3: At what rate will ₹10000 amount to ₹12100 in 2 years compounded annually?

A. 10% B. 9% C. 11% D. 12%

Q4: If compound interest for 2 years is ₹512 and principal is ₹8000, what is the rate?

A. 4% B. 5% C. 6% D. 3%

Q5: The compound interest on ₹2000 at 10% for 1 year compounded half-yearly is?

A. ₹200 B. ₹205 C. ₹210 D. ₹220

Q6: ₹10000 compounded annually at 8% will become how much in 2 years?

A. ₹11640 B. ₹11600 C. ₹11560 D. ₹11700

Q7: What is the compound interest on ₹1500 at 4% per annum for 2 years?

A. ₹122.40 B. ₹120 C. ₹121.60 D. ₹118.50

Q8: The difference between compound and simple interest on ₹2500 for 2 years at 10% is?

A. ₹25 B. ₹20 C. ₹30 D. ₹22.5

Q9: ₹6400 becomes ₹7290 in 2 years at compound interest. What is the rate?

A. 6% B. 7% C. 8% D. 9%

Q10: The amount after 2 years at 5% compound interest on ₹10000 is?

A. ₹11025 B. ₹10500 C. ₹10250 D. ₹11200

Q11: Find CI on ₹5000 at 4% for 3 years, compounded annually.

A. ₹624.32 B. ₹625.62 C. ₹626.00 D. ₹627.20

Q12: A sum of ₹1000 becomes ₹1210 in 2 years at compound interest. What is the rate?

A. 10% B. 9% C. 8% D. 12%

Q13: CI on ₹4000 at 10% per annum for 2 years compounded annually is?

A. ₹800 B. ₹840 C. ₹820 D. ₹880

Q14: ₹5000 amounts to ₹6050 in 2 years. What is the annual compound interest rate?

A. 10% B. 9% C. 8% D. 11%

Q15: If CI for 2 years is ₹102.5 on ₹1000, find the rate.

A. 5% B. 6% C. 10% D. 7%

Q16: The difference between CI and SI for 2 years at 10% on ₹5000 is?

A. ₹50 B. ₹55 C. ₹52.5 D. ₹60

Q17: What is the CI on ₹1200 for 2 years at 5% p.a. compounded annually?

A. ₹123 B. ₹125 C. ₹126 D. ₹127

Q18: In how many years will ₹1000 amount to ₹1331 at 10% CI?

A. 2 years B. 3 years C. 4 years D. 5 years

Q19: What will be the amount on ₹2000 at 6% for 2 years compounded annually?

A. ₹2123.20 B. ₹2124.40 C. ₹2125.60 D. ₹2126.80

Q20: CI on ₹10000 at 5% p.a. for 2 years compounded annually?

A. ₹1025 B. ₹1000 C. ₹1050 D. ₹1075

Quiz for Compound Interest