Question types

Compound Interest question types

95 questions across 4 question groups — pick any mix to generate a Maths paper with step-by-step answer keys.

95
Questions
4
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.

Q 12 Mark Question2 Marks
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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Q 22 Mark Question2 Marks
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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Q 32 Mark Question2 Marks
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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Q 42 Mark Question2 Marks
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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Q 52 Mark Question2 Marks
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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Q 63 Mark Question3 Marks
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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Q 73 Mark Question3 Marks
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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Q 83 Mark Question3 Marks
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 Mark 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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Q 125 Mark Question5 Marks
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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Q 135 Mark Question5 Marks
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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Q 145 Mark Question5 Marks
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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Q 155 Mark Question5 Marks
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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Q 164 Mark Question4 Marks
Find the compound interest at the rate of 5% per annum for 3 years on that principal which in 3 years at the rate of 5% per annum gives Rs. 1200 as simple interest.
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Q 174 Mark Question4 Marks
Abha purchased a house from Avas Parishad on credit. If the cost of the house is Rs. 64000 and the rate of interest is 5% per annum compounded half-yearly, find the interest paid by Abha after one year and a half.
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Q 184 Mark Question4 Marks
Amit borrowed Rs. 16000 at $17\frac{1}{2}\%$ per annum simple interest on the same day, he lent it to Ashu at the same rate but compounded annually what dose he gain at the end of 2 years
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