Compound Interest

IMPORTANT

Compound Interest: Overview

This topic covers concepts, such as Compound Interest as Per Cent, Compound Interest on Loan, Deducing a Formula for Compound Interest, Compound Interest Analog to Compound Annual Growth Rate & Depreciation of Value etc.

Important Questions on Compound Interest

EASY
IMPORTANT

Find compound interest on Rs. 225,00 at 4% per annum for 2 years, compounded annually ?

HARD
IMPORTANT

Mr. Maitray invested money in two schemes A and B offering C.I. at the rate of 8% p.a.9% p.a. respectively. If the total amount of interest incurred through the two schemes together in two years was 4818.30 and the total amount invested was 27,000. What was the amount invested in scheme A?

EASY
IMPORTANT

An amount of Rs. 50440 borrowed at 5% per annum compounded yearly, is to be repaid in 3 equal annual installments. Find the amount of each installment ?

EASY
IMPORTANT

If + means ÷, - means +, × means -, and ÷ means ×, then what will be the value of

8 ÷ 4 - 6 + 3 × 4 ?

EASY
IMPORTANT

Find the compound interest on  10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.

EASY
IMPORTANT

Find out the sum, for which the difference, between the compound and simple interest, for 3 years at the rate of 10% per annum, would be ‘31'?

MEDIUM
IMPORTANT

The effective rate of interest corresponding to a nominal rate 7% per annual convertible quarterly is

EASY
IMPORTANT

Find the compound interest if an amount of Rs. 50,000 is deposited in a bank for one year at the rate of 8% per annum compounded semi annually

EASY
IMPORTANT

Find the present value of Rs. 1,00,000 be required after 5 years if the rate of interest is 9% given that 1.095=1.5386

EASY
IMPORTANT

The present population of a town is 25,000. If it grows at the rate of 4%,5%,8% during 1st year, 2nd year, 3rd year respectively. Then find the population after3  years.

EASY
IMPORTANT

Find the effective rate of interest if an amount of 30,000 deposited in a bank. For 1 year at the rate of 10% p.a. compounded semi annually.

EASY
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The useful life of a machine whose cost is  10,000 is 10 years. If it depreciates at 10% p.a. then the scrap value of the machine is.

EASY
IMPORTANT

If the compound interest on a certain sum for 2 years at 3% p.a. is  1015. What would be the simple interest on the sum at the same rate and same time is

EASY
IMPORTANT

In what time will a sum Rs. 800 at 5% p.a. CI amounts to Rs. 882?

EASY
IMPORTANT

What is the difference between the compound interest (in ) compound yearly and compound half yearly for 18 months at 20% per annum on a sum of 12000?

EASY
IMPORTANT

Krishan invested a sum of 25000 in two parts. he earned 11% p.a. simple interest on part 1 and 10% p.a. compound interest compounded annually on part 2. If the total interest received by him after 2 years is 5370, then find the sum invested on simple interest.

MEDIUM
IMPORTANT

In what time will a sum of 1,25, 000 amount to 1,48,877 at 12% per annum, if interest is being compounded half-yearly?

EASY
IMPORTANT

Mr. Sathya invested money in FD. How much will he get on maturity, if Rs. 14,500 is invested at 20% per annum compound interest for 6 months, compounded quarterly?

EASY
IMPORTANT

A woman invests Rs. 200 at the start of each year at 5% compound interest per annum. How much will her investment be at the end of the 2nd  year?

EASY
IMPORTANT

Find the compound interest on Rs. 6400 at 25% p.a. for 3 years.