SIMPLE AND COMPOUND INTREST CLASS-8

SIMPLE AND COMPOUND INTREST CLASS-8

8th Grade

10 Qs

quiz-placeholder

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SIMPLE AND COMPOUND INTREST CLASS-8

SIMPLE AND COMPOUND INTREST CLASS-8

Assessment

Quiz

Mathematics

8th Grade

Hard

Created by

vardaan khanna

Used 110+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

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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