Compound Interest Questions for SSC | SBI | IBPS

Compound Interest Questions for SSC | SBI | IBPS :

1. A man saves Rs 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.

1. Rs 662


2. Rs 662.01


3. Rs 662.02


4. Rs 662.03

2. In what time will Rs.1000 become Rs.1331 at 10% per annum compounded annually

1. 2 Years


2. 3 Years


3. 4 Years


4. 5 Years

3. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 1. Find the sum

1. Rs 600


2. Rs 625


3. Rs 650


4. Rs 675

4. Find the compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.

1. Rs. 610


2. Rs. 612


3. Rs. 614


4. Rs. 616

5. What will be the compound interest on Rs. 25000 after 3 years at the rate of 12 % per annum

1. Rs 10123.20


2. Rs 10123.30


3. Rs 10123.40


4. Rs 10123.50

6. Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.

1. Rs. 8510


2. Rs. 8620


3. Rs. 8730


4. Rs. 8820

7. Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

1. Rs 312


2. Rs 412


3. Rs 512


4. Rs 612

8. 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

1. Rs 1650


2. Rs 1750


3. Rs 1850


4. Rs 1950

9. Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly

1. Rs 2520


2. Rs 2521


3. Rs 2522


4. Rs 2523

10. The present worth of Rs.169 due in 2 years at 4% per annum compound interest is

1. Rs 155.25


2. Rs 156.25


3. Rs 157.25


4. Rs 158.25

11. On a sum of money, simple interest for 2 years is Rs 660 and compound interest is Rs 696.30, the rate of interest being the same in both cases.

1. 8%


2. 9%


3. 10%


4. 11%

12. A sum of money invested at compound interest to Rs. 800 in 3 years and to Rs 840 in 4 years. The rate on interest per annum is.

1. 4%


2. 5%


3. 6%


4. 7%

13. What will be the difference between simple and compound interest @ 10% per annum on the sum of Rs 1000 after 4 years

1. Rs 62.10


2. Rs 63.10


3. Rs 64.10


4. Rs 65.10

14. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

1. 4 years


2. 5 years


3. 6 years


4. 7 years

15. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years

1. 3%


2. 4%


3. 5%


4. 6%

16. If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what will be the compound interest on same values

1. Rs.51.75


2. Rs 51.50


3. Rs 51.25


4. Rs 51

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Answers:

01. C	02. B	03. B	04. B
05. A	06. D	07. D	08. B
09. C	10. B	11. D	12. B
13. C	14. A	15. D	16. C

 

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