Join Telegram- Maths by Aditya Ranjan Compound interest

1. A certain sum is invested on compound 5. The compound interest on a certain sum of

interest at 18% per annum for 1 year 4 money for 3 years, compounded annually, at
months, the interest being compounded 8 a rate of interest of 10% per annum is Rs
monthly. If the compound interest is Rs 3816, 1,324. The sum is:
then find the sum (in Rs.).

(a) Rs 4,000 (b) Rs 5,000

(c) Rs 5,500 (d) Rs 4,500
(a) 15,000 (b) 14,800 6. What will be the compound interest on a sum
(c) 14,580 (d) 15,500 of 31,250 for 2 years at 12% p.a., if the
2. The compound interest on a certain sum of interest is compounded 8-monthly?
money at 21% p.a. for 2 years is Rs 11,138.40
(interest compounded yearly). The total
amount received (in Rs) after 2 years is:

(a) 8106 (b) 8116

(c) 8016 (d) 8156
7. What is the compound interest (in ) on a sum
(a) 35,138.40 (b) 28,315.40 1
(c) 31,538.40 (d) 24,000.50 of 8,192 for 1 years at 15% per annum, if
4
3. The annual intererst compounded on any interest is compounded 5-monthly?
amount is 1,320 for the second year and
1,452 for the third year. What will be the 1
1
original amount at the beginning of the first 4
year?

(a) 1740 (b) 1640

(c) 1735 (d) 1634
(a) 12,650 (b) 13,200
8. 2,40,000 is taken as loan for three years
(c) 12,970 (d) 12,000
compounded anually at 12.5% p.a. At the end
4. The simple interest on a certain sum of P at a of first year the interest is revised to 12% p.a.
rate of r% per annum for 3 years is Rs 11,250 The total amount to be repaid at the end of
and the compound interest on the same sum for third year is :
2 years at the same rate percent p.a. is Rs 7,650.
What is the value of P and r, respectively?
P r%

(a) 3,26,400
P r (b) 3,34,800
(a) Rs 92500 and 6% (b) Rs 92500 and 7% (c) 3,38,688
(c) Rs 93750 and 4% (d) Rs 93750 and 5% (d) 3,42,648

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Join Telegram- Maths by Aditya Ranjan Compound interest

9. A certain sum invested on compound interest

(compounded annually) grows to 5040 in 1
14. The simple interest on a certain sum for 3
three years. If the rate of interest is 20% for 2
the first year, 40% for the second years and years at 10% per annum is 2,940. What will
50% for the third years, then what is the sum?
1
be the CI on the same sum for 2 years at
2
the same rate when interest is compounded
yearly. (nearest in )

(a) 1210 (b) 2566 1

(c) 1800 (d) 2000 3
2
10. How much money becomes 2811.9 in 3 years
if the rate of interest for 1st year is 3% for 1
2
2nd year is 4% and for 3rd year is 5% per 2
annum.
3 2811.9 (a) 2,242 (b) 2,252
3% (c) 2,272 (d) 2,292
4%
1
5% 15. The simple interest on a certain sum for 3
(a) 2500 (b) 2100 2
(c) 2150 (d) 1900 years at the rate of 10% per annum is
11. What is the compound interest on a sum of Rs. 2,940. What will be the compound interest

2 1
7200 for 2 years at 20% p.a., interest (in Rs.) on the same sum for 1 years at the
5 2
compounded yearly (nearest to an integer)? same rate when interest is compounded half-
yearly (nearest to a rupee)?
2
2
5 1
3
2

(a) 4,290 (b) 3,960

(c) 4,205 (d) 3,997
12. What is the compound interest on a sum of 1
1
2
1
4,096 at 15% p.a. for 2years, if the interest
2
is compounded 10-monthly? (a) 1,564 (b) 1,125
1 (c) 1,470 (d) 1,324
2 16. A sum of Rs 7800 amounts to Rs 10381.80 at
2
x% p.a. in 2 years when the interest is
compounded 8-monthly. What will be the
(a) 1,726 (b) 1,736 compound interest on the same sum at (x +
(c) 1,636 (d) 1,763 5)% p.a. in one year, if the interest is
13. What is the compound interest (in Rs) on a sum compounded half yearly?
2
of Rs 25,000 for 3 years at 10% p.a., if the
5
x%
interest is compounded annually?
2
3
5
(x + 5)

(a) 9,606 (b) 8,275 (a) Rs 1654 (b) Rs 1638

(c) 9,516 (d) 8,425 (c) Rs 1660 (d) Rs 1560

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17. The amount of a certain sum in 2 years at 21. What is the difference between the compound
20% p.a. is Rs. 7776, interest compounded interest (in Rs) compounded yearly and
yearly. What will be the amount of the same compounded half yearly for 18 months at 20%
1 per annum on a sum Rs 12,000?
sum in 1 years at the same rate of interest,
2
compounded half yearly? (Nearest to a Rs.)

(a) 145 (b) 165

1
1 (c) 121 (d) 132
2
22. The difference between the compound

(a) Rs. 7,187 (b) Rs. 7,178 1

interests on a certain sum for 1 years at a
(c) Rs. 7,285 (d) Rs. 7,085 2
18. A sum invested at 10% compound interest per rate of 20% p.a. is Rs.1,716 when the interest
annum becomes 19,965 in 3 years. The same is compounded half yearly and compounded
2 annually. The sum (in Rs.) is:
sum will become x in 2 years. If the
5
interest is compounded annually in both the
cases, then find the value of x?
1
1
2

2
2 x
5
(a) 1,32,000 (b) 1,43,000
x
(c) 2,14,500 (d) 1,56,000
23. The difference in the compound interest on a
(a) 18,855 (b) 18,768
certain sum at 10% p.a. for one year, when the
(c) 18,867 (d) 18,876
interest is compounded half yearly and yearly,
19. A sum of 15,000 is lent at 16% p.a. compound is 88.80. What is the simple interest on this
interest. What is the difference between the
compound interest for the second year and the 2
same sum for 1 years at the same rate?
third year? 3

(a) 544 (b) 445.44

(c) 454.88 (d) 548 2
1
20. A certain sum of money is lent out for three 3
years at the rate of 5% per annum compound (a) 5,916 (b) 5,986
interest. The interest for third years is 26.25 (c) 5,980 (d) 5,920
more than that of second year. Find total
interest of three years and sum? 24. Ram and Dipti each invested a sum of Rs 8000
for a period of two years at 30% compound
interest per annum. However, while for Ram
the interest was compounded annually, for
Dipti it was compounded every eight month.
How much more will Dipti receive as interest
(a) 1560.25, 20,000 (b) 1576.25, 10000 compared to Ram at the end of the two year
(c) 1540.25, 10500 (d) 1575.35, 15000 period?

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(a) Rs. 199.12 (b) Rs. 197.12

(c) Rs. 191.32 (d) Rs. 195.76
29. The difference between compound interest
compounded annually and simple interest on
a certain sum at a rate of 15% per annum for
(a) Rs.312 (b) Rs.320 2 years is Rs 1,944. Find the compound
(c) Rs.304 (d) Rs.296 interest compounded annually (in Rs) on the
25. If the difference between the compound same sum for the same period at a rate of 10%
interest and simple interest at 17% on a sum per annum.
of money for 2 years (compounded annually is
433.50 then the compound interest (in ) is
:

(a) 27,216 (b) 18,060

(a) 5,533.50 (b) 2,735.50 (c) 18,144 (d) 20,500
(c) 5,100 (d) 2,500 30. Sudha invested her savings in schemes A and
26. What is the difference between the compound
interest, when interest is compounded 5- B in the ratio 3 : 5, each for 1 1 years.
2
monthly and the simple interest on a sum of
Scheme A offers interest at a rate of 20%
1 p.a., compounded 6-monthly, whereas
12,000 for 1 years at 12% per annum?
4 Scheme B offers interest at arate of 10% p.a.,
compounded annually. If the difference
between the interests received from A and
1
1 B is Rs. 152.60, then the money invested
4 in Scheme B is:
3 : 5 A
B 2
(a) 90 (b) 91.50
A 20%
(c) 93 (d) 92.50
B
27. What is the difference (in Rs) between the simple
interest and the compound interest on a sum 10%
A B
2
of Rs 8000 for 2 years at the rate of 10% p.a., 152.60 B
5
when the interest is compounded yearly?
(a) Rs. 4,000 (b) Rs. 4,500
2 (c) Rs. 3,000 (d) Rs. 3,500
2
5
31. A sum amounts to 18,600 after 3 years and
to 27,900 after 6 years, at a certain rate
percent p.a., when the interest is compounded
annually. The sum is :
(a) 152.80 (b) 150
(c) 155 (d) 147.20
28. What is the difference between the compound
interest and the simple interest on a sum of Rs.
10,000 at the rate of 8% p.a. for a period of 3 (a) 11,800 (b) 12,400
years? (c) 14,400 (d) 14,600

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32. A sum of money becomes Rs 11,880 after 4 37. If a certain sum of money amounts to Rs.2800
years and Rs 17,820 after 6 years on in 10 years and Rs.3500 in 165 years at a
compound interest, the interest is certain rate of interest, compounded annually.
compounded annually. What is the half of the Find the principal.
sum (in Rs) ?

(a) Rs.1792 (b) Rs.2016

(c) Rs.1344 (d) Rs.1680
38. If a certain sum of money amounts to Rs.4900
(a) 2,750 (b) 2,530
in 4 years and Rs.7350 in 8 years compounded
(c) 2,640 (d) 2,410 annually. Then in 12 years it will become how
33. A certain sum of money amounts 2420 in 2 much?
years and 2662 in 3 years at same rate of
compound interest, compounded annually. The
rate of interest per annum is:

(a) Rs.11025 (b) Rs.10500

(c) Rs.9800 (d) Rs.12550
(a) 9% (b) 8% 39. A certain amount invested at a certain rate
(c) 10% (d) 6% compounded annually, grows to an amount
in five years, which is a factor of 1.1881 more
34. A sum invested at compound interest amounts
tha what it would have grown in three years.
to Rs 7,800 in 3 years and Rs 11,232 in 5
What is the rate percentage?
years. What is the rate per cent?

(a) 26% (b) 20% (a) 9 (b) 8.1

(c) 15% (d) 18% (c) 8 (d) 9.2
35. The compound interest (compounded annually) 40. A certain amount invested at a rate,
on a sum of money invested for three years compounded annually, grows to amount in five
yields Rs.800 and Rs.840 in four years. The years, which is a factor of 1.191016 more than
annual percentage rate of interest is: to what it would have grown in two years.
What is the rate percentage?

(a) 4.5% (b) 5.5%

(a) 5 (b) 4
(c) 5% (d) 6%
(c) 6 (d) 8
36. If a certain sum of money amounts to Rs.6400
41. At what rate% per annum will Rs.4704
in 7.5 years and Rs.8000 in 15 years at a amounts to Rs.5766 in two years compounded
certain rate of interest compounded annually. annually.
Find the principal.

4 3
(a) 8 % (b) 11 %
4 7
(a) Rs.4320 (b) Rs.4800
1 5
(c) Rs.5120 (d) Rs.4000 (c) 12 % (d) 10 %
7 7

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42. At what rate per annum will Rs.48000 yield 47. The compound interest on 4,000 at the rate
a compound interest of Rs.7566 in 9 months, of 5% p.a. is 630.50, then the time period
compounded quarterely. is :

1
(a) 5% (b) 16% (a) 2 years (b) 3 years
2
(c) 20% (d) 15%
1
43. The compound interest and the amount (c) 3 years (d) 1 years
obtained, on a certain sum of money are 2
820 and 8820 respectively after 2 years. If 48. In how many years will a sum of 320
the rate of interest compounded yearly, then amount to 405 if interest is compounded
the rate of interest is : at 12.5% per annum?

(a) 2 years (b) 1 year

(a) 8% (b) 6% 1 1
(c) 5% (d) 7% (c) 2 years (d) 1 years
2 2
44. A sum of Rs 9500 amounts to Rs 11495 in 2 49. Joseph deposited a total of Rs.52,500 in a
years at a certain rate percent per annum, bank in the names of his two daughters aged
interest compounded yearly. What is the 15 years and 16 years in such a way that they
simple interest (in Rs) on the same sum for would get equal amounts when they become
the same time and double the rate? 18 years old. If the bank gives 10% compound
interest compounded annually, then what is
the amount (in Rs.) that Joseph had deposited
in the name of his younger daughter ?

(a) 3420 (b) 3990

(c) 3800 (d) 4560
45. A sum of money placed at compound interest
triples itself in 8 years. In how many years (a) 25,500 (b) 26,000
will it amount to 243 times itself?
(c) 24,500 (d) 25,000
50. A man invests an amount of 1,05,750 at
simple interest in the name of his son,
daughter and his wife in such a way that they
(a) 15 years (b) 40 years get the same interest after 3, 4 and 5 years
respectively. If the rate of interest is 5% per
(c) 27 years (d) 80 years
annum, then the amount invested for the wife
46. A sum of money placed at compounded is :
interest becomes 27 times of itself in 15 years.
In 25 years, it will become how many times?

(a) 729 times (b) 243 times

(a) 27,000 (b) 28,000
(c) 135 times (d) 81 times
(c) 25,000 (d) 30,000

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Answer Key (Compound Interest)

1.(a) 2.(a) 3.(d) 4.(c) 5.(a) 6.(b) 7.(d) 8.(c) 9.(d) 10.(a)

11.(d) 12.(b) 13.(a) 14.(c) 15.(d) 16.(b) 17.(a) 18.(d) 19.(b) 20.(b)

21.(d) 22.(d) 23.(d) 24.(c) 25.(a) 26.(b) 27.(d) 28.(b) 29.(c) 30.(d)

31.(b) 32.(c) 33.(c) 34.(b) 35.(c) 36.(c) 37.(a) 38.(a) 39.(a) 40.(c)

41.(d) 42.(c) 43. (c) 44. (c) 45.(b) 46.(b) 47.(c) 48.(a) 49.(d) 50.(a)

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