Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually
SIMPLE AND COMPOUND INTREST CLASS-8

Quiz
•
Mathematics
•
8th Grade
•
Hard
vardaan khanna
Used 110+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Rs 312
Rs 412
Rs 512
Rs 612
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly
Rs 2520
Rs 2521
Rs 2522
Rs 2523
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A man took a loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 as interest. Find the principal amount borrowed by him.
Rs 12000
Rs 20000
Rs 15000
Rs 10500
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Vani deposited Rs. 10000 in a savings bank account. The bank paid simple interest at the rate of 11% p.a. How much interest did her money earn in 9 months?
Rs 750
Rs 675
Rs 825
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
At what rate of simple interest will Rs. 7800 earn Rs. 260 in 8 months
2%
5%
4%
3%
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Mohan borrowed Rs. 30000 for 3 years. He paid simple interest at the rate of 12 % p.a. How much interest did he pay?
A) Rs. 10800
B) Rs. 16200
C) Rs. 12400
D) Rs. 13326
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Murali borrowed Rs. 6750 for a period of 219 days. He was charge simple interest at the rate of 4.5% p.a. How much interest did he pay?
Rs. 195.75
Rs. 140.50
Rs. 182.25
Rs.200.25
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