Question types

Compound Interest question types

19 questions across 5 question groups — pick any mix to generate a Mathematics paper with step-by-step answer keys.

19
Questions
5
Question groups
5
Question types
Sample Questions

Compound Interest questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

The total number of industries in a particular portion of the country is approximately 1,600. If the government has decided to increase the number of industries in the area by 20% every year; find the approximate number of industries after 2 years.
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6000 workers were employed to construct a river bridge in four years. At the end of first year, 20% workers were retrenched; At the end of second year 5% of the workers at that time were retrenched. However, to complete the project in time, the number of workers was increased by 15% at the end of third year. How many workers were working during the fourth year?
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Q 9[3 marks sum]3 Marks
Mr. Kumar borrowed $Rs. 15,000$ for two years. The rate of interest for the two successive years are $8\%$ and $10\%$ respectively. If he repays $Rs. 6,200$ at the end of the first year, find the outstanding amount at the end of the second year.
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Q 10[3 marks sum]3 Marks
The $S.I$. and $C.I$. on a sum of money for $2$ years is Rs. $200$ and $210$ respectively. If the rate of interest is the same. Find the sum and rate.
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Q 11[5 marks sum]5 Marks
The compound interest, calculated yearly, on a certain sum of money for the second year is Rs. 1320 and for the third year is Rs. 1452. Calculate the rate of interest and the original sum of money.
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Q 12[5 marks sum]5 Marks
A sum of money amounts to ₹ 2,240 at 4 % p.a., simple interest in 3 years. Find the interest on the same sum for 6 months at $3 \frac{1}{2} \%$ p.a.
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Q 13[5 marks sum]5 Marks
A sum of money is lent out at compound interest for two years at 20% p.a., being reckoned yearly. If the same sum of the money was lent Gut at compound interest of the same rate of percent per annum C.I., being reckoned half yearly would have fetched Rs. 482 more by way of interest. Calculate the sum of money lent out.
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Q 14[5 marks sum]5 Marks
Find the difference between the simple interest and compound interest on 2,500 for 2 years at 4% p.a., compound interest being reckoned semi-annualy.
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Q 15[4 marks sum]4 Marks
The compound interest, calculated yearly, on a certain sum of money for the second year is Rs. 1320 and for the third year is Rs. 1452. Calculate the rate of interest and the original sum of money.
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Q 16[4 marks sum]4 Marks
A sum of money amounts to $₹ 2,240 $ at $4 \%\ \ p.a$., simple interest in $3$ years. Find the interest on the same sum for $6$ months at $3 \frac{1}{2} \% \ \ p.a.$
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Q 17[4 marks sum]4 Marks
A sum of money is lent out at compound interest for two years at 20% p.a., being reckoned yearly. If the same sum of the money was lent Gut at compound interest of the same rate of percent per annum C.I., being reckoned half yearly would have fetched Rs. 482 more by way of interest. Calculate the sum of money lent out.
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Q 18[4 marks sum]4 Marks
Find the difference between the simple interest and compound interest on 2,500 for 2 years at 4% p.a., compound interest being reckoned semi-annualy.
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