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Compound Intetrest Practice Questions - Page 4

Questions 31–40 of 45 · Page 4 of 5

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Q31Find the amount of ₹10,000 at 10% p.a. for 1 year 6 months when interest is compounded annually.DifficultSolve →Q32A sum of ₹15,000 is invested at 10% in the first year and 12% in the second year (CI annually). Find the amount after 2 years.ModerateSolve →Q33The town has a population 1,20,000. It increases at 2.5% per annum. Find the population after 3 years.PYQSolve →Q34₹8000 amounts to ₹9261 in 1.5 years at a rate compounded half‑yearly. Find the annual rate.DifficultSolve →Q35Find the compound interest on ₹6000 at 15% p.a. for 3 years (annual compounding).DifficultSolve →Q36For ₹10,000 at 8% p.a. for 3 years, find the difference between CI (annual) and SI.ModerateSolve →Q37Find the amount of $2000 at 6% p.a. compound interest for 2 years (annual).EasySolve →Q38₹20,000 is invested at 10% in 1st year, 8% in 2nd year, 12% in 3rd year (CI annually). Find the amount after 3 years.DifficultSolve →Q39Find the amount of ₹5000 at 9% p.a., compounded continuously for 2 years.DifficultSolve →Q40₹16,000 becomes ₹18,522.24 in 1 year when compounded quarterly. Find the annual nominal rate.ModerateSolve →
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