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Compound Interest - Class 8 - R S Aggarwal

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Mathematics

8th Grade

Used 1+ times

Compound Interest - Class 8 - R S Aggarwal
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The compound interest on Rs 5000 at 8% per annum for 2 years, compounded annually, is

Rs 800

Rs 825

Rs 832

Rs 850

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The compound interest on Rs 10000 at 10% per annum for 3 years, compounded annually is

Rs 1331

Rs 3310

Rs 3130

Rs 13310

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rs 1872

Rs 1720

Rs 1910.16

Rs 1782

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The compound interest on Rs 4000 at 10% per annum for 2 years 3 months, compounded annually is

Rs 916

Rs 900

Rs 961

Rs 896

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sum of Rs 25000 was given as loan on compound interest for 3 years compounded annually at 5% per annum during the first year, 6% per annum during the second year and 8% per annum during the third year. The compound interest is

Rs 5035

Rs 5051

Rs 5072

Rs 5150

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The compound interest on Rs 6250 at 8% per annum for 1 year, compounded half yearly, is

Rs 500

Rs 510

Rs 550

Rs 512.50

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The compound interest on Rs 40000 at 6% per annum for 6 months, compounded quarterly is

Rs 1209

Rs 1902

Rs 1200

Rs 1306

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