Question types

Compound Interest question types

95 questions across 3 question groups — pick any mix to generate a Maths paper with step-by-step answer keys.

95
Questions
3
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 value of a refrigerator which was purchased $2$ years ago, depreciates at $12\%$ per annum. If its present value is $Rs. 9680,$ for how much was it purchased$?$
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The value of a machine depreciates at the rate of $10\%$ per annum. It was purchased $3$ years ago. If its present value is $Rs. 43740,$ find its purchase price.
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The population of a certain city was $72000$ on the last day of the year $1998.$ During next year it increased by $7\%$ but due to an epidemic it decreased by $10\%$ in the following year. What was its population at the end of the year $2000?$
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Ashish started the business with an initial investment of $Rs. 500000.$ In the first year he incurred a loss of $4\%$. However during the second year he earned a profit of $5\%$ which in third year rose to $10\%$. Calculate the net profit for the entire period of $3$ years.
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Mohan purchased a house for $Rs. 30000$ and its value is depreciating at the rate of $25\%$ per year. Find the value of the house after $3$ years.
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Roma borrowed Rs. $64000$ from a bank for $1\frac{1}{2}$ years at the rate of $10\%$ per annum. Compute the total compound interest payable by Roma after $1\frac{1}{2}$ years, if the interest is compounded half-yearly.
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Kamal borrowed $Rs. 57600$ from $LIC$ against her policy at $12\frac{1}{2}\%$ per annum to build a house. Find the amount that she pays to the $LIC$ after $1\frac{1}{2}$ years if the interest is calculated half-yearly.
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Mewa Lal borrowed Rs. $20000$ from his friend Rooplal at $18\%$ per annum simple interest. He lent it to Rampal at the same rate but compounded annually. Find his gain after $2$ years.
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Q 103 Marks Question3 Marks
Meera borrowed a sum of Rs. $1000$ from Sita for two years. if the rate of interest is $10\%$ compounded annually, find the amount that Meera has to pay back.
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The difference between the compound interest and simple interest on a certain sum at $15\%$ per annum for $3$ years is $Rs. 283.50$. Find the sum.
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Romesh borrowed a sum of $Rs. 245760$ at $12.5\%$ per annum, compounded annually. On the same day, he lent out his money to Ramu at the same rate of interest, but compounded semi-annually. Find his gain after $2$ years.
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Rakesh lent out $Rs. 10000$ for $2$ years at $20\%$ per annum, compounded annually. How much more he could earn if the interest be compounded half-yearly?
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A sum of money was lent for $2$ years at $20\%$ compounded annually. If the interest is payable half-yearly instead of yearly, then the interest is $Rs. 482$ more. Find the sum.
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