Compound Interest Question Trick

Compound Interest Question

Sainik School Entrance Exam For Class VI & Class IX

Student
Can Download Entrance Exam paper From Our Website

Student
Can Download Entrance Exam paper From Our Website

1.   
Difference between the compound
interest and simple interest for 2 years is Rs. 20. Find the sum if rate of
interest is 20% per annum.

A.    Rs. 400

B.    Rs. 200

C.    Rs. 300

D.    More than one of the above

E.     None of the above

2.   
The difference between compound and
simple interest on a certain sum at the rate of 8% per annum for 2
years is Rs. 470. Find the sum.

A.    Rs. 75234.4 

B.    Rs. 72566.5

C.    Rs. 81257.3 

D.    Rs. 73437.5 

3.   
A sum increases by 40% in 4 years at
simple interest. What will be the compound interest of Rs 14000 at the same
rate after 3 years?

A.    Rs 1820 

B.    Rs 4634 

C.    Rs 1700 

D.    Rs 6450

4.   
The difference between the CI and the
SI on a sum of money lent for 2 years at 20% interest per annum is ₹ 80. The
sum is

A.    ₹ 1,200

B.    ₹ 2,000

C.    ₹ 1,500

D.    More than one of the above

E.     None of the above

5.   
The difference between the CI and the
SI on a sum of money lent for 2 years at 20% interest per annum is ₹ 80.

6.   
The difference between compound
interest and simple interest earned on Rs 15,000 in 2 years is Rs 384, find the
interest rate per annum.

A.    16%

B.    14%

C.    18%

D.    20%

7.   
On a certain sum of money, the
compound interest for 2 years is Rs. 304.5 and the simple interest for the same
period of time is Rs. 290. The rate of interest per annum:

A.    9%

B.    8%

C.    11%

D.    10%

8.   
If the simple interest for 2 years is
Rs. 500 at 10% rate of interest. Find the compound interest for the same time.

A.    Rs. 525

B.    Rs. 500

C.    Rs. 200

D.    Rs. 210

9.    The simple interest on a sum of Rs. 8,000 at a certain rate per cent per
annum for 3 years is Rs. 3,600. What will be the amount (in Rs.) of the same
sum after 2 years at the same rate, if the interest is compounded 8-monthly?

A.    10,580

B.    10,648

C.    11,239

D.    10,450

10.The simple interest on a sum of Rs.
8,000 at a certain rate percent per annum for 3 years is Rs. 3,600.

11.What is the difference between the
compound interest and the simple interest on a sum of Rs. 4500 for 3 years at
the rate of 8% per annum?

A.    Rs. 87.70

B.    Rs. 87.50

C.    Rs. 85.70

D.    Rs. 88.70

12.Difference between compound interest
and simple interest is Rs. 3375 in 2 years and the rate of interest is 15%.
Find the principal amount.

A.    Rs. 100,000

B.    Rs. 150,000

C.    Rs. 160,000

D.    Rs. 200,000

13.The simple interest accrued on an
amount of Rs. P at the end of 4 years is Rs. 1200. What would be the compound
interest accrued on the same amount for the same period if amount on compound
interest is Rs. 60 more than the amount on S.I.?

A.    Rs. 1260

B.    Rs. 1500

C.    Rs. 1200

D.    Rs. 1300

14.The difference between the Compound
Interest and Simple Interest on a certain sum at 5% per annum for 2 years is
Rs. 981 , find the sum.

A.    322400

B.    392400

C.    592400

D.    398400

15.What is the difference between the
compound interest and simple interest on a sum of Rs.12000 for 2  mso-ascii-theme-font:minor-latin;mso-fareast-font-family:"Times New Roman";
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compounded yearly? 

A.    Rs. 563

B.    Rs. 657

C.    Rs. 586

D.    Rs. 724

16.The simple interest and compound
interest of a certain sum compounded annually for 2 years
are ₹900 and ₹954 respectively. What is the principal
amount ?

A.    ₹3,700

B.    ₹3,650

C.    ₹3,850

D.    ₹3,750