The Following Section consists of Maths MCQ on Compound Interest (CI).
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Maths Aptitude Test on Compound Interest
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Question 1 of 20
1. Question
1 pointsA bank offers 5% compound interest calculated on halfyearly 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:
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Question 2 of 20
2. Question
1 pointsThe difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:
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Question 3 of 20
3. Question
1 pointsThere is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
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Question 4 of 20
4. Question
1 pointsWhat is the difference between the compound interests on Rs. 5000 for 1.5 years at 4% per annum compounded yearly and halfyearly?
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Question 5 of 20
5. Question
1 pointsWhat will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?
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Question 6 of 20
6. Question
1 pointsAt what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?
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Question 7 of 20
7. Question
1 pointsThe least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:
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Question 8 of 20
8. Question
1 pointsAlbert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?
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Question 9 of 20
9. Question
1 pointsThe effective annual rate of interest corresponding to a nominal rate of 6% per annum payable halfyearly is:
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Question 10 of 20
10. Question
1 pointsSimple 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:
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Question 11 of 20
11. Question
1 pointsSimple 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:
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Question 12 of 20
12. Question
1 pointsThe difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned halfyearly is:
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Question 13 of 20
13. Question
1 pointsThe 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?
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Question 14 of 20
14. Question
1 pointsThe 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:
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Question 15 of 20
15. Question
1 pointsFind the compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.
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Question 16 of 20
16. Question
1 pointsAlbert 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.
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Question 17 of 20
17. Question
1 pointsWhat will be the compound interest on Rs. 25000 after 3 years at the rate of 12 % per annum
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Question 18 of 20
18. Question
1 pointsA 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.
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Question 19 of 20
19. Question
1 pointsFind compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually
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Question 20 of 20
20. Question
1 pointsFind the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly
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Maths Aptitude Test on Compound Interest 2
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Question 1 of 20
1. Question
1 pointsThe present worth of Rs.169 due in 2 years at 4% per annum compound interest is
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Question 2 of 20
2. Question
1 pointsIn what time will Rs.1000 become Rs.1331 at 10% per annum compounded annually
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Question 3 of 20
3. Question
1 pointsIf 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
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Question 4 of 20
4. Question
1 pointsWhat will be the difference between simple and compound interest @ 10% per annum on the sum of Rs 1000 after 4 years
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Question 5 of 20
5. Question
1 pointsThe 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
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Question 6 of 20
6. Question
1 pointsOn 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.
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Question 7 of 20
7. Question
1 pointsEffective annual rate of interest corresponding to nominal rate of 6% per annum compounded half yearly will be
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Question 8 of 20
8. Question
1 pointsA 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.
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Question 9 of 20
9. Question
1 pointsIf $10,000 is invested at 9% compounded annually, what is the amount after 8 years?
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Question 10 of 20
10. Question
1 pointsIf $2500 is invested at 7.2% compounded quarterly, what is the amount after 3 years?
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Question 11 of 20
11. Question
1 pointsIf an investment pays 9% compounded monthly, how much should you deposit now in order to have $5000 4 years from now?
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Question 12 of 20
12. Question
1 pointsHow much interest will be earned on an investment of $6500 at 12% compounded semiannually for 5 years?
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Question 13 of 20
13. Question
1 pointsSuppose you have just been given a bonus of $5000 and you have the opportunity to invest it at 9% compounded monthly. How many years will it take at this rate for the investment to grow to $8000?
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Question 14 of 20
14. Question
1 pointsFind the effective rate of 9.6% compounded monthly.
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Question 15 of 20
15. Question
1 pointsIf the difference between the compound interest, compounded half yearly and.the simple interest on a sum at 10% per annum for one year is Rs. 25, the sum is :
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Question 16 of 20
16. Question
1 pointsA man borrowed Rs. 800 at 10% per annum simple interest and immediately lent the whole sum at 10% per annum compound interest. What does he gain at the end of 2 years?
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Question 17 of 20
17. Question
1 pointsOn what sum of money’ will the simple interest for 3 years at 8% perannum be half of the compound interest on Rs. 400 for 2 years at 10%per annum ?
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Question 18 of 20
18. Question
1 pointsA sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself.
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Question 19 of 20
19. Question
1 pointsIf the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, the compound interest on the same sum for the same period at the same rate, is :
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Question 20 of 20
20. Question
1 pointsThe compound interest on a certain sum at 5% per annum for 2 years is Rs. 328. The simple interest for that sum at the same rate and for the same period will be :
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Maths Aptitude Test on Compound Interest 3
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Question 1 of 20
1. Question
1 pointsThe difference in compound interest and simple interest on a certain amount at 10% per annum at the end of the third year is Rs. 620. What is the principal amount?
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Question 2 of 20
2. Question
1 pointsIf the amount is 2 and 1/4 times the sum after 2 years at compound interest, the rate of interest per annum,.
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Question 3 of 20
3. Question
1 pointsWhat is the principal amount which earns Rs. 132 as compound interest for the .second year at 10% per annum?.
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Question 4 of 20
4. Question
1 pointsThe difference between the compoUnd interest and the simple interest on a sum of money for 2 years at 12 % per annum is Rs. 150. The sum is :
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Question 5 of 20
5. Question
1 pointsThe amount of Rs. 7500 at compound interest at 4% per annum for 2 years, is:
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Question 6 of 20
6. Question
1 pointsA sum of money is to be distributed among A, B, C, D in the proportion of 5:2:4:3. If C gets Rs. 1000 more than D, what is B’s share?
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Question 7 of 20
7. Question
1 pointsIn how many years will a sum of Rs. 800 at 10% per annum compounded. semiannually become Rs. 926.10?
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Question 8 of 20
8. Question
1 pointsA sum of Rs.312 was divided among 100 boys and girls in such a way that the boy gets Rs.3.60 and each girl Rs.2.40 the number of girls is
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Question 9 of 20
9. Question
1 pointsIn a mixture 60 litres, the ratio of milk and water 2:1. If the this ratio is to be 1:2, then the quantity of water to be further added is:
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Question 10 of 20
10. Question
1 pointsTwo numbers are respectively 20% and 50% more than a third number. The ratio of the two numbers is:
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Question 11 of 20
11. Question
1 pointsThe 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?
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Question 12 of 20
12. Question
1 pointsThe difference between simple and compound interests and compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:
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Question 13 of 20
13. Question
1 pointsThe compound interest on a sum of money for 2 years is Rs.832 and the simple interest on the same sum for the same period is Rs.800. The difference between the compound interest and the simple interest for 3 years will be:
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Question 14 of 20
14. Question
1 pointsThe difference between the simple interest on a certain sum at the rate of 10% per annum for 2 years and compound interest which is compounded every 6 months is Rs.124.05. What is the principal sum?
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Question 15 of 20
15. Question
1 pointsCalculate the total amount of money that we need to pay back for a $2500 loan with a compounding interest rate of 20%. The duration of the loan is 2 years.
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Question 16 of 20
16. Question
1 pointsThe total amount of money that we need to pay back after 3 years for a $3000 loan is $3993 . Find the compound interest rate of the loan.
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Question 17 of 20
17. Question
1 pointsWhat is the difference between the compound interests on Rs. 5000 for 11⁄2 years at 4% per annum compounded yearly and halfyearly?
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Question 18 of 20
18. Question
1 pointsThere is 80% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 14,000 after 3 years at the same rate?
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Question 19 of 20
19. Question
1 pointsThe compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:
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Question 20 of 20
20. Question
1 pointsThe difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum is:
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Maths Aptitude Test on Compound Interest 4
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Question 1 of 20
1. Question
1 pointsIf the simple interest on a sum of money for 2 years at 5% per annum is Rs. 60, what is the compound interest on the same at the same rate and for the same time?
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Question 2 of 20
2. Question
1 pointsThe difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned halfyearly is:
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Question 3 of 20
3. Question
1 pointsWhat will be the compound interest on a sum of Rs. 40,000 after 3 years at the rate of 11 p.c.p.a.?
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Question 4 of 20
4. Question
1 pointsAt what rate of compound interest per annum will a sum of Rs. 1400 become Rs. 1573.04 in 2 years?
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Question 5 of 20
5. Question
1 pointsThe Compound interest on Rs. 20,480 at 6 1⁄4 % per annum for 2 years 73 days, is :
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Question 6 of 20
6. Question
1 pointsA sum amounts to Rs. 882 in 2 years at 5% compound interest. The sum is
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Question 7 of 20
7. Question
1 pointsA sum put out at 4% compound interest payable halfyearly amounts to Rs. 13265.10 in 11⁄2 years. The sum is
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Question 8 of 20
8. Question
1 pointsA sum of money is borrowed and paid back in two annual instalments of Rs. 882 each allowing 5% compound interest. The sum borrowed was:
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Question 9 of 20
9. Question
1 pointsWhat sum invested for 2 years at 14% compounded annually will grow to Rs. 5458.32?
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Question 10 of 20
10. Question
1 pointsIf the difference between the simple interest and compound interests on some principal amount at 20% for 3 years is Rs. 48, then the principal amount is
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Question 11 of 20
11. Question
1 pointsAndrews earns an interest of Rs. 1596 for the third year and Rs. 1400 for the second year on the same sum. Find the rate of interest if it is lent at compound interest.
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Question 12 of 20
12. Question
1 pointsIf the compound interest on a certain sum for 2 years in Rs. 80.80 and the simple interest Rs. 80; then the rate of interest per annum is
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Question 13 of 20
13. Question
1 pointsThe compound interest on a sum for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs. 800. The difference between the compound and simple interest for 3 years will be
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Question 14 of 20
14. Question
1 pointsOn a certain sum of money, the simple interest for 2 years is Rs. 200 at the rate of 7% per annum. Find the difference in C.I. and S.I.
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Question 15 of 20
15. Question
1 pointsJohn invested money in two schemes A and B offering compound interest @ 5 p.c.p.a. and 10 p.c.p.a. respectively. If the total amount of interest accrued through two schemes together in two years was Rs. 2075 and the total amount invested was Rs. 15,000, find out the amount invested in Scheme A?
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Question 16 of 20
16. Question
1 pointsA sum of money on compound interest amounts to Rs. 8240 in 2 years and Rs. 9888 in 3 years. The rate of interest is
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Question 17 of 20
17. Question
1 pointsOn a sum of money, the simple interest for 2 years is Rs. 320, while the compound interest is Rs. 340, the rate of interest being the same in both the cases. The rate of interest is:
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Question 18 of 20
18. Question
1 pointsA bank offers 10% interest rate compounded annually. A person deposits Rs. 20,000 every year in his account. If he does not withdraw any amount, then how much balance will his account show after four years?
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Question 19 of 20
19. Question
1 pointsA sum of money becomes Rs. 2200 after three years and Rs. 4400 after six years on compound interest. The sum is
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Question 20 of 20
20. Question
1 pointsWhat annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?
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