ICSE Class 9 Compound Interest MCQ New Pattern
ICSE Class 9 Compound Interest MCQ By Clarify Knowledge
ICSE Class 9 Compound Interest MCQ Table
Table of Contents
- ICSE Class 9 Compound Interest MCQ New Pattern
- ICSE Class 9 Compound Interest MCQ Table
- OUR EBOOKS CAN HELP YOU In ICSE Class 9,10
- CODE IS EASY CAN HELP YOU
- ICSE Class 10 All Subject MCQ
- ICSE Class 9 Compound Interest MCQ HERE
- The compound interest on $ 50000 at 8 % per annum for 2 years, compounded annually, is ………….
- 2. At what rate per cent per annum will a sum of $ 7500 amount to Rs 8427 in 2 years, compounded annually?
- 3. Ben deposits $ 30000 in a bank at 7% per annum compound interest for a certain time is $ 4347. The time is …………….
- 4. The principal that amounts to $ 4913 in 3 years at 6¹/₄ % per annum compound interest, compounded annually, is ……………….
- 5. If the simple interest on a sum of money at 5% per annum for 3 years is $ 1200, then the compound interest on the same sum for the same period at the same rate will be ……………..
- 6. A certain sum of money gives $ 510 as compound interest 12¹/₂ % per annum for 2 years. Find the simple interest on the same sum of money at the same rate for the same period of time.
- 7. On a sum of $ 15000 for 2 years, if the difference between compound interest and simple interest is $ 96. Find the rate of interest per cent per annum.
OUR EBOOKS CAN HELP YOU In ICSE Class 9,10
CODE IS EASY CAN HELP YOU
ICSE Class 10 All Subject MCQ
ICSE Class 9 Compound Interest MCQ HERE
The compound interest on $ 50000 at 8 % per annum for 2 years, compounded annually, is ………….
(a) $ 8000
(b) $ 8250
(c) $ 8350
(d) $ 8640
2. At what rate per cent per annum will a sum of $ 7500 amount to Rs 8427 in 2 years, compounded annually?
(a) 4 %
(b) 5 %
(c) 6 %
(d) 8 %
3. Ben deposits $ 30000 in a bank at 7% per annum compound interest for a certain time is $ 4347. The time is …………….
(a) 2 years
(b) 2¹/₂ years
(c) 3 years
(d) 4 years
4. The principal that amounts to $ 4913 in 3 years at 6¹/₄ % per annum compound interest, compounded annually, is ……………….
(a) $ 3096
(b) $ 4076
(c) $ 4085
(d) $ 4096
5. If the simple interest on a sum of money at 5% per annum for 3 years is $ 1200, then the compound interest on the same sum for the same period at the same rate will be ……………..
(a) $ 1225
(b) $ 1236
(c) $ 1248
(d) $ 1261
6. A certain sum of money gives $ 510 as compound interest 12¹/₂ % per annum for 2 years. Find the simple interest on the same sum of money at the same rate for the same period of time.
(a) $ 400
(b) $ 450
(c) $ 460
(d) $ 480
7. On a sum of $ 15000 for 2 years, if the difference between compound interest and simple interest is $ 96. Find the rate of interest per cent per annum.
(a) 6
(b) 8
(c) 10
(d) 12