Compound Interest Questions

• The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 5% per annum is Rs 45. The sum is
• In what time(in years) will Rs. 8000 amount to Rs. 9261 at 5% per annum, compounded annually?
• The difference between simple and compound interest (compounded annually) on a sum of money for 3 years at 10% per annum is Rs. 93. The sum (in Rs.) is:
• A sum of money is invested at 20% compound interest (compounded annually). It would fetch Rs. 723 more if interest is compounded half-yearly. The sum
• What is the compound interest earned on Rs 80,000 at 40% per annum in 1 year compounded quarterly?
• The amount received at 10% per annum compound interest after 3 yrs is Rs 10,648. What was the principal (in Rs)?
• A bank offers 15% compound interest per half year. A customer deposits Rs 7200 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by means of interest is
• If the amount received at the end of 2nd and 3rd year at compound Interest on a certain Principal is Rs 9,600 and Rs 10,272 respectively, what is the rate of interest (in %)?
• Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quartely.
• What is the difference between the compound interests on Rs. 5000 for 112 years at 4% per annum compounded yearly and half-yearly?
• The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:
• What is the rate of compound interest? I. The principal was invested for 4 years. II. The earned interest was Rs. 1491.
• 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
• The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is
• 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?
• An amount of money was lent for 3 years. What will be the difference between the simple and the compound interest earned on it at the same rate? I. The rate of interest was 8 p.c.p.a. II. The total amount of simple interest was Rs. 1200
• If you deposit $6500 into an account paying 8% annual interest compounded monthly, how much money will be in the account after 7 years?
• How much money would you need to deposit today at 9% annual interest compounded monthly to have $12000 in the account after 6 years?
• You deposit $300 in a savings account that pays 4% simple annual interest. Find your account balance after 9 months.
• Simon deposits $400 in an account that pays 3% interest compounded annually. What is the balance of Simon’s account at the end of 2 years?