Compound Interest – Set 2

1) Rs.2000 amounts to Rs. 2226.05 in 2 years at compound interest. What will be the rate of interest ?

2) A loan of Rs. 12300 at 5% per annum compound interest, is to be repaid in two equal annual installments at the end of every year. Find the amount of each installment ?

3) A man borrow Rs. 4000 at 15%, compound rate of interest. At the end of each year he pays back Rs. 1500. How much amount should be pay at the end of the third year to clear all his dues ?

4) What will be the compound interest accrued on an amount of Rs.10000 @ 20 p.c.p.a in 2 years if the interest is compounded half – yearly?

5) What will be the difference between the simple interest and compound interest accrued on an amount of Rs. 19200 of 3 years @ 12 p.c.p.a. ?

6) A sum becomes Rs.1352 in 2 years at 4% per annum compound interest. The sum is = ?

7) There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12000 after 3 years at the same rate ?

8) In how many years will Rs. 2000 amounts to Rs. 2420 at 10% per annum compound interest?

9) The principal which will amounts to Rs. 270.40 in 2 years at the rate of 4% per annum compound interest, is = ?

10) A certain sum of amounts to Rs. 5832 in 2 years at 8% per annum compound interest, the sum is = ?

11) The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

12) Mr. Duggal invested Rs. 20000 with rate of interest @ 20 p.c.p.a. The interest was compounded half – yearly for first one year ans in the next year it was compounded yearly. What will be the total interest earned at the end of 2 year ?

13) If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?

14) The compound interest on Rs 16000 for 9 months at 20% per annum, interest being compounded quarterly, is = ?

15) At a certain rate per annum, the simple interest on a sum of money for one year is Rs. 260 and the compound interest on the same sum for two years is Rs. 540.80. The rate of interest per annum is = ?

16) The compound interest on a certain sum of money at 5% per annum for 2 years is Rs 246. The simple interest on the same sum for 3 years at 6% per annum is = ?

17) An amount of Rs 6000 lent at 5% per annum compounded interest for 2 years will become = ?

18) The compound interest on a certain sum of money at a certain rate for 2 years is Rs. 40.80 and the simple interest on the same sum is Rs. 40 at the same rate and for the same time. The rate of interest is = ?

19) A certain sum of money yields Rs. 1261 as compound interest for three years at 5% per annum. The sum is ?

20) A man invests Rs 4000 for 3 years at compound interest. After one year the money amounts to Rs. 4320. What will be the amount (to the nearest rupee) due at the end of 3 years ?

21) If the compound interest on a sum of money for 3 years at the rate of 5% per annum is Rs. 252.20, the simple interest on the same sum at the same rate and for the same time is ?

22) What will be the difference between S.I. and C.I. on a sum of Rs. 15000 for 2 years at the same rate of interest of 1212“>12.5 % per annum ?

23) A sum of Rs. 13360 was borrowed at 834“>8.75 % per annum compound interest and paid back in two years in two equal annual installments. What was the amount of each installment ?

24) The simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is ?

25) The compound interest on Rs.2800 for 18 months at 10% p.a is = ?

26) Kamal took Rs. 6800 as a loan which along with interest is to be repaid in two equal annual installment. If the rate of interest is 1212“>12.5 % compounded annually, then the value of each installment is = ?

27) In how many years will a sum of Rs. 800 at 10% per annum compounded semi annually become Rs. 926.10?

28) A sum of money invested at compound interest amounts to Rs. 650 at the end of first year and Rs. 676 at the end of second year. The sum of money is = ?

29) The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is:

30) On a certain sum of money the compound interest for 2 years is Rs. 282.15 and the simple interest for the same period of time is Rs. 270. The rate of interest per annum is = ?

31) Compound interest on a sum of money for 2 years at 4% per annum is Rs. 2448. simple interest on the same sum of money at the same rate of interest for 2 years will be = ?

33) On a certain sum of money, the difference between the compound interest for a year payable half yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is = ?

34) A certain sum, invested at 4% per annum compound interest, compounded half yearly, amounts to Rs. 7803 at the end of one year. The sum is ?

35) The compound interest on Rs. 6000 at 10% per annum for 112“>1.5 years, when the interest being compounded annually, is = ?

36) A bank offers 5% compound interest calculated on half yearly basis. A customer deposits Rs.1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is = ?

37) On a certain sum of money, the difference between the compound interest for a year, payable half yearly, and the simple interest for a year is Rs. 56. If the rate of interest in both the cases is 16%, then the sum is ?

38) What would be the compound interest accrued on an amount of Rs. 8400 @ 12.5 p.c.p.a at the end of 3 years ?

39) If the difference between the compound interest and simple interest on a sum of 5% rate of interest per annum for three years is Rs. 36.60, then the sum is = ?

41) A sum of money doubles itself in 4 years compound interest. It will amount to 8 times itself at the same rate of interest in = ?

42) A person deposited a sum of of Rs 6000 in a bank at 5% per annum simple interest. Another person deposited Rs 5000 at 8% per annum compound interest. After two years, the difference of their interest will be = ?

43) A certain some of money and Rs. 2420 in 2 years and Rs. 2662 in 3 years at same rate of compound interest, compounded annually. The rate of interest per annum is = ?

44) An amount of Rs. 10000 becomes Rs. 14641 in 2 years if the interest is compounded half yearly. What is the rate of compound interest p.c.p.a. ?

46) A sum of money on compound interest amounts to Rs. 10648 in 3 years and Rs. 9680 in 2 years. The rate of interest per annum is = ?

47) At what rate percent per annum of compound interest, will a sum of money become four times of itself in two years ?

48) The compound interest on Rs. 30000 at 7% per annum is Rs. 4347. The period (in years) is = ?

49) A man gets a simple interest on Rs. 1000 on a certain principal at the rate of 5 p.c.p.a. in 4 years. What compound interest will the man get on twice the principal in 2 years at the same rate ?

50) The difference between compound and simple interest on a certain sum for 3 years at 5% per annum is Rs. 122. The sum is = ?