Compound Interest Mcqs

Compound Interest Mcqs for all competitive exams

Q: Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year??

A. Rs.460
B. Rs.5640
C. Rs.5460
D. Rs.5604


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Q: What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually??

A. Rs.9630
B. Rs.9680
C. Rs.9610
D. Rs.9650


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Q: What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually??

A. None of these
B. Rs.18,828.80
C. Rs.19,828.80
D. Rs.18,028.80


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Q: The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.?

A. Rs.17,828.80
B. None of these
C. Rs.4273
D. Rs.4613


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Q: Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years. (Round off your answer to nearest integer)?

A. Rs.4064
B. Rs.4266
C. None of these
D. 8% p.a.


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Q: Jameel invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years??

A. 6% p.a.
B. 4% p.a.
C. 5% p.a.
D. None of these


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Q: Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest??

A. 18% p.a.
B. 22% p.a.
C. 20% p.a.
D. 24% p.a.


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Q: Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest??

A. None of these.
B. Rs.2520
C. Rs.3120
D. Rs.3320


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Q: A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.?

A. Rs.2760
B. None of these
C. Rs.500
D. Rs.250


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Q: A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.?

A. Rs.5012.50
B. Rs.5062.50
C. None of these.
D. Rs.20043.94


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