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Compound Interest questions
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Question 1 of 13
1. Question
A bank offers 5% compound interest calculated on halfyearly basis. A customer deposits Rs.1600 each on 1^{st} January and 1^{st} July of a year. At the end of the year, the amount he would have gained by way of interest is:

Question 2 of 13
2. Question
Simple interest on a sum at 4 % per annum for 2 years is Rs. 80. The compound interest on the same sum for the same period is

Question 3 of 13
3. Question
Akash borrows Rs 65,000 at 10% per annum simple interest for 3 years and lends it at 10% per annum compound interest for 3 years. Find his gain after three year.

Question 4 of 13
4. Question
A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times?

Question 5 of 13
5. Question
Sanjay borrowed a certain sum from Anil at a certain rate of simple interest for 2 years. He lent this sum to Ram at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs.4200 as compound interest but paid Rs.4000 only as simple interest. Find the rate of interest

Question 6 of 13
6. Question
What is the difference between the compound interests on Rs.5000 for 1 and half years at 4% per annum compounded yearly and halfyearly?

Question 7 of 13
7. Question
The compound interest on Rs.30,000 at 7% per annum is Rs.4347. The period (in years) is:

Question 8 of 13
8. Question
The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is:

Question 9 of 13
9. Question
The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

Question 10 of 13
10. Question
What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 % .p.a.?

Question 11 of 13
11. Question
The 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:

Question 12 of 13
12. Question
The 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?

Question 13 of 13
13. Question
If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time