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Q1) At what percent per annum will 3000/- amounts to 3993/- in 3 years if the Q26)If the difference between the compound and simple interests on a certain
interest is compounded annually? (a) 9% (b) 10% (c) 11% (d) 13% Ans: (b) sum of money for 3 years at 5% per annum is 15.25, then the sum is (a)
Q2) If the difference between the simple and compound interests on a sum of 2,000 (b) 1,000 (c) 1,500 (d) 2,500 Ans: (a)
money for 2 years at 4% per annum is 80, the sum is : (a) 5000 (b) 50000 Q27)The time in which 80,000 amounts to 92,610 at 10% p.a. compound
(c) 10000 (d) 1000 Ans: (b) interest, interest being compounded semi annually is : (a) 1.5 Yr (b) 2 Yr (c)
Q3) A principal of 10,000, after 2 years compounded annually, the rate of 2.5 Yr (d) 3 Yr Ans: (a)
interest being 10% per annum during the first year and 12% per annum Q28)If the difference of the compound interest and the simple interest on a sum
during the second year (in rupees) will amount to : (a) 12,000 (b) 12,320 (c) of money for 3 years is Rs. 186. Find the sum of money, if the rate of
12,500 (d) 11,320 Ans: (b) interest in both cases be 10%. (a) Rs. 5500 (c) Rs. 6500 (b) Rs. 7200 (d)
Q4) The difference between C I and S I for 2 years at 10% rate of interest is Rs. Rs. 6000 Ans: (d)
4. Find the sum of money (Rs.) (a) 400 (b) 200 (c) 300 (d) 800 Ans: (a) Q29)If Rs. 10000 amounts to Rs. 11664 invested in compound interest
Q5) A sum of Rs. 2000 amounts to Rs. 4000 in two years at compound interest. (compounded annually) for two years then the annual rate of compound
In how many years will the same amount become Rs. 8000 ? (a) 2 (b) 4 (c) interest is (a) 10% (b) 9% (c) 8% (d) 6% Ans: (c)
6 (d) 8 Ans: (b) Q30)The compound interest on a certain sum for two successive years are 225
Q6) A certain sum of money amounts to 2,420 in 2 years and 2,662 in 3 years and 238.50. The rate of interest per annum is : (a)7.5% (b) 5% (c) 10% (d)
at some rate of compound interest, compounded annually. The rate of 6% Ans: (d)
interest per annum is (a) 6% (b) 8% (c) 9% (d) 10% Ans: (d) Q31)If the compound interest on a certain sum for 2 years at 4% p.a. is 102, the
Q7) The compound interest on a certain sum of money at 5% per annum for 2 simple interest at the same rate of interest for two years would be (a) 200
years is 246. The simple interest on the same sum for 3 years at 6% per (b) 50 (c) 150 (d) 100 Ans: (d)
annum is (a) 435 (b) 450 (c) 430 (d) 432 Ans: (d) Q32)Find the rate percent per annum, if Rs. 2000 amounts to Rs. 2,315.25 in a
Q8) Sita deposited 5,000 at 10% simple interest for 2 years. How much more year and a half, interest being compounded half yearly. (a) 11.5% (b) 10%
money will Sita have in her account at the end of two years, if it is (c) 5% (d) 20% Ans: (b)
compounded semiannually. (a) 50 (b) 40 (c) 77.50 (d) 85.50 Ans: (c) Q33)The principal, which will amount to 270.40 in 2 years at the rate of 4% per
Q9) The compound interest on 10,000 in 2 years at 4% per annum, the interest annum compound interest, is (a) 200 (b) 225 (c) 250 (d) 220 Ans: (c)
being compounded half yearly, is : (a) 636.80 (b) 824.32 82 (c) 912.86 (d) Q34)The difference between compound interest and simple interest of a sum for
828. Ans: (b) 2 years at 8 per cent is 768. The sum is (a) 1,00,000 (c) 1,20,000 (b)
Q10)The difference between simple and compound interest on a certain sum of 1,10,000 (d) 1,70,000 Ans: (c)
money for 2 years at 4 per cent per annum is 1. The sum of money is : (a) Q35)A man borrows 21000 at 10% compound interest. How much he has to pay
600 (b) 625 (c) 560 (d) 650 Ans: (b) annually at the end of each year, to settle his loan in two years ? (a) 12000
Q11)The sum of money that yields a compound interest of 420 during the (b) 12100 (c) 12200 (d) 12300 Ans: (b)
second year at 5% p.a is (a) 4,000 (b) 42,000 (c) 8,000 (d) 21,000 Ans: (c) Q36)The difference between the simple interest and compound interest
Q12)The difference between simple and compound interest (compounded (compounded annually) on Rs. 40,000 for 3 years at 8% per annum is : (a)
annually) on a sum of money for 3 years at 10% per annum is Rs. 93. The Rs. 684.32 (b) Rs. 788.48 (c) Rs. 784.58 (d) Rs. 4000 Ans: (b)
sum (in Rs.) is : (a) 30000 (b) 30300 (c) 3000 (d) 3030 Ans: (a) Q37)The compound interest on Rs. 4000 for 4 years at 10% per annum will be
Q13)The compound interest on Rs. 64,000 for 3 years, compounded annually at (a) Rs. 1856.40 (c) Rs. 1856 (b) Rs. 1600 (d) Rs. 1756.60 Ans: (a)
7.5% p.a. is (a) Rs.14400 (b) Rs.15705 (c) Rs.15507 (d) Rs.15075 Ans: (c) Q38)An amount of money appreciates to 7,000 after 4 years and to 10,000 after
Q14)An amount of money at compound interest grows up to 3,840 in 4 years 8 years at a certain compound interest compounded annually. The initial
and up to 3,936 in 5 years. Find the rate of interest. (a) 2.5% (b) 2% (c) amount of money was (a) 4,700 (b) 4,900 (c) 4,100 (d) 4,300 Ans: (b)
3.5% (d) 2.05% Ans: (a) Q39)There is 100% increase to an amount in 8 years, at simple interest. Find
Q15)The simple interest and compound interest (compounded annually) on a the compound interest of 8000 after 2 years at the same rate of interest. (a)
certain sum of money with a given rate for a period of 2 years are 900 and 2500 (b) 2000 (c) 2250 (d) 2125 Ans: (d))
954 respectively. The sum of money is (a) 3700 (b) 3650 (c) 3850 (d) 3750 Q40)A sum of money placed at compound interest doubles itself in 5 years. It
Ans: (d) will amount to eight times of itself at the same rate of interest in (a) 20
Q16)What does 250 amounts to in 2 years with compound interest at the rate of years(b) 10 years (c) 12 years (d) 15 years Ans: (d)
4% in the 1st year and 8% in the second year ? (a) 280 (b) 280.80 (c) 468 Q41)A sum of money on compound interest amounts to 10648 in 3 years and
(d) 290.80 Ans: (b) 9680 in 2 years. The rate of interest per annum is : (a) 5% (b) 10% (c) 15%
Q17)In how many years will 2,000 amounts to 2,420 at 10% per annum (d) 20% Ans: (b)
compound interest? (a)3 years (b)2.5 years (c)2 years (d)1.5 Years Ans: (c) Q42)The difference between the compound and the simple interest on a sum for
Q18)The difference between the simple and compound interest on a certain sum 2 years at 10% per annum, when the interest is compounded annually, is
of money for 2 years at 4% per annum is 4. The sum is (a) 2500 (b) 2,400 28. If the interest were compounded half yearly, the difference in the two
(c) 2,600 (d) 2,000 Ans: (a) interests will be (a) 44 (b) 28.35 (c) 43.41 (d) 43.29 Ans: (c)
Q19)A man saves 2000 at the end of each year and invests the money at 5% Q43)800 at 5% per annum compounded annually will amount to 882 in (a) 1
compound interest. At the end of 3 years he will have : (a) 4305 (b) 6305 year (b) 2 years years (c) 3 years (d) 4 Ans: (b)
(c) 4205 (d) 2205 Ans: (b) Q44)The difference between compound interest and simple interest on an
Q20)The difference between compound interest and simple interest on a certain amount of Rs. 15,000 for 2 years is Rs. 96. The rate of interest per annum
sum of money for 2 years at 5% per annum is Rs. 41. What is the sum of is (a) 6% (b) 7% (c) 8% (d) 9% Ans: (c)
money ? (a) Rs. 7200 (b) Rs. 9600 (c) Rs. 16400 (d) Rs. 8400 Ans: (c) Q45)A man invested a sum of money at compound interest. It amounted to Rs.
Q21)Find the amount which Shyam will get on Rs. 4096, if he gives it for 18 2420 in 2 years and to Rs. 2662 in 3 years. Find the sum. (a) Rs. 1000 (b)
1 Rs. 2000 (c) Rs. 5082 (d) Rs. 3000 Ans: (b)
months at 12 % per annum, interest being compounded half yearly. (a) Q46)A sum of money invested at compound interest amounts to 650 at the end
2 of first year and 676 at the end of second year. The sum of money is : (a)
Rs. 5,813 (b) Rs. 4,515 (c) Rs. 4,913 (d) Rs. 5,713 Ans: (c) 600 (b) 540 (c) 625 (d) 560 Ans: (c)
Q22)A certain amount of money at r%, compounded annually after two and Q47)If the compound interest on a certain sum for two years at 12% per annum
three years becomes 1440 and 1728 respectively. r is (a) 5 (b) 10 (c) 15 (d) is 2,544, the simple interest on it at the same rate for 2 years will be (a)
20 Ans: (d) 2,400 (b) 2,500 (c) 2,480 (d) 2,440 Ans: (a)
Q23)The compound interest on a certain sum of money for 2 years at 10% per Q48)The sum of money which when given on compound interest at 18% per
annum is 420. The simple interest on the same sum at the same rate and annum would fetch Rs. 960 more when the interest is payable half yearly
for the same time will be (a) 350 (b) 375 (c) 380 (d) 400 Ans: (d) than when it was payable annually for 2 years is : (a) Rs.60,000 (b) Rs.
Q24)A man gave 50% of his savings of 84,100 to his wife and divided the 30,000 (c) Rs. 40,000 (d) Rs. 50,000 Ans: (d)
remaining sum among his two sons A and B of 15 and 13 years of age Q49)At what rate per cent per annum will 2304 amount to 2500 in 2 years at
respectively. He divided it in such a way that each of his sons, when they 1 1
attain the age of 18 years, would receive (a) 20,000 (b) 20,050 22,050 (c) compound interest ? (a) 4.5% (b) 4.2% (c) 4 % (d) 4 % Ans: (c)
22,000 (d) Ans: (a) 6 3
Q25)In what time will 1000 becomes 1331 at 10% per annum compounded Q50)A sum of 6,000 is deposited for 3 years at 5% per annum compound
annually ? (a) 3 years (b) 2.5Years (c) 2 years (d) 3.5Years Ans: (a) interest (compounded annually). The difference of interests for 3 and 2
years will be (a) 75.00 (b) 30.75 (c) 330.75 (d) 375.00 Ans: (c)

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Q51)The compound interest on 5,000 for 3 years at 10% p. a. will amount to (a) Q76)A sum of money doubles itself in 4 years at compound interest. It will
1,654 (b) 1,655 (c) 1,600 (d) 1,565 Ans: (b) amount to 8 times itself at the same rate of interest in : (a) 18 years(b) 12
Q52)The difference between compound interest and simple interest on Rs. 5000 years (c) 16 years (d) 24 years Ans: (b)
for 2 years at 8% per annum payable yearly is (a) Rs. 30 (b) Rs. 31 (c) Rs. Q77)In what time (in years) will Rs. 8000 amount to Rs. 9261 at 5% per annum,
33 (d) Rs. 32 Ans: (d) compounded annually? (a) 3 (b) 3.5 (c) 4 (d) 4.5 Ans: (a)
Q53)A sum of Rs. 3000 amounts to Rs. 6000 in two years at compound interest. Q78)On a certain sum of money, the simple interest for 2 years is Rs. 350 at the
The interest for four years is : (a) Rs. 9000 (b) Rs. 12000 (c) Rs. 6000 (d) rate of 4% per annum. It was invested at compound interest at the same
Rs. 3000 Ans: (a) rate for the same duration as before, how much more interest would be
Q54)A sum of money invested at compound interest amounts in 3 years to 2,400 earned? (a) Rs. 3.50(b) Rs. 7 (c) Rs. 14 (d) Rs. 35 Ans: (b)
and in 4 years to 2,520. The interest rate per annum is : (a) 5% (b) 6% (c) 1
10% (d) 12% Ans: (a)) Q79)If the compound interest on a sum for 2 years at 12 p.a is 510, the simple
Q55)A sum becomes 2,916 in 2 years at 8% per annum compound interest. The 2
simple interest at 9% per annum for 3 years on the same amount will be (a) interest on the same sum at the same rate for the same period of time is (a)
600 (b) 675 (c) 650 (d) 625 Ans: (b) 400 (b) 450 (c) 460 (d) 480 Ans: (d))
Q56)The amount on Rs. 25,000 in 2 years at annual compound interest, if the Q80)A man borrowed some money and agreed to pay off by paying Rs. 3150 at
rates for the successive years be 4% and 5% per annum respectively is :(a) the end of the 1st year and Rs. 4410 at the end of the 2nd year. If the rate
Rs. 30,000 (c) Rs. 27,300 (b) Rs. 26,800 (d) Rs. 28,500 Ans: (c) of compound interest is 5% per annum, then the sum is (a) Rs. 5000 (c) Rs.
Q57)A sum becomes 1,352 in 2 years at 4% per annum compound interest. The 7000 (b) Rs. 6500 (d) Rs. 9200 Ans: (c)
sum is (a) 1,225 (b) 1,270 (c) 1,245 (d) 1,250 Ans: (d) Q81)The compound interest on 2000 in 2 years if the rate of interest is 4% per
Q58)The difference between compound interest (compounded annually) and annum for the first year and 3% per annum for the second year, will be (a)
simple interest on a certain sum of money at 10% per annum for 2 years is 142.40 (b) 140.40 (c) 141.40 (d) 143.40 Ans: (a)
40. The sum is : (a) 4000 (b) 3600 (c) 4200 (d) 3200 Ans: (a) Q82)The difference between the compound interest and simple interest on
Q59)A sum of 3,200 invested at 10% p.a. compounded quarterly amounts to 10,000 for 2 years is 25. The rate of interest per annum is (a) 5% (b) 7% (c)
1 3 10% (d) 12% Ans: (a)
3,362. Compute the time period. (a) Yr (b) 1 Yr (c) 2 Yr (d) Yr Ans: Q83)The compound interest on a sum of money for 2 years is 615 and the
2 4 simple interest for the same period is 600. Find the principal. (a) 6,500 (b)
(a) 6,000 (c) 8,000 (d) 9,500 Ans: (b)
Q60)If the difference between the compound interest and the simple interest on Q84)A sum borrowed under compound interest doubles itself in 10 years. When
a certain sum at the rate of 5% per annum for 2 years is Rs. 20, then the will it become fourfold of itself at the same rate of interest ? (a) 15 years(b)
sum is : (a) Rs. 2000 (b) Rs. 4000 (c) Rs. 6000 (d) Rs. 8000 Ans: (d) 20 years (c) 24 years years (d) 40 Ans: (b)
Q61)If a sum of Rs.12500 is invested for 1 year at 12% per annum interest being Q85)The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.)
compounded semiannually, then interest earned is : (a) Rs.1505(b) is : (a) Rs. 1331 (b) Rs. 331 (c) Rs. 300 (d) Rs. 1300 Ans: (b)
Rs.1535 (c) Rs.1545 (d) Rs.1550 Ans: (c) Q86)A certain amount grows at an annual interest rate of 12%, compounded
Q62)A sum becomes 4500 after two years and 6750 after four years at monthly. Which of the following equations can be solved to find the number
compound interest. The sum is (a) 4000 (b) 2500 (c) 3000 (d) 3050 Ans: (c) of years, y, that it would take for the investment to increase by a factor of
Q63)The compound interest on a certain sum of money at a certain rate per 1
annum for two years is 2,050, and the simple interest on the same amount 64 ?(a) 64=(1.01)12y (b) =(1.04)12y (c) 64=(1.04)12y (d)8
of money at the same rate for 3 years is 3,000. Then the sum of money is 64
(a) 20,000 (b) 18,000 (c) 21,000 (d) 25, 000 Ans: (a)) =(1.01)6y Ans: (a)
Q64)The amount of Rs. 10,000 after 2 years, compounded annually with the rate Q87)A man borrowed some money from a private organisation at 5% simple
of interest being 10% per annum during the first year and 12% per annum interest per annum. He lended 50% of this money to another person at 10%
during the second year, would be (in rupees) (a) 11,320 (b) 12,000 12,500 compound interest per annum and thereby the man made a profit of Rs.
(c) 12,320 (d) Ans: (c) 3,205 in 4 years. The man borrowed. (a) Rs. 80,000 (c) Rs. 1,20,000 (b)
Q65)The compound interest on 16,000 for 9 months at 20% per annum, interest Rs. 1,00,000 (d) Rs. 1,50,000 Ans: (b)
being compounded quarterly, is (a) 2520 (b) 2524 (c) 2522 (d) 2518 Ans:(c) Q88)Rs. 260200 is divided between Ram and Shyam so that the amount that
Q66)The difference between compound and simple interest on a certain sum for Ram receives in 4 years is the same as that Shyam receives in 6 years. If
3 years at 5% per annum is Rs. 122. The sum is (a) 16,000 (b) 15,000 (c) the interest is compounded annually at the rate of 4% per annum then
12,000 (d) 10,000 Ans: (a) Ram‘s share is (a) Rs. 125000 (b) Rs. 135200 (c) Rs. 152000 (d) Rs.
Q67)The compound interest on a certain sum of money for 2 years at 5% is 328, 108200 Ans: (b)
then the sum is (a) 3000 (b) 3600 (c) 3200 (d) 3400 Ans: (c) Q89)At what rate per annum will 32000 yield a compound interest of 5044 in 9
Q68)If the amount is 2.25 times of the sum after 2 years at compound interest months interest being compounded quarterly ? (a) 20% (b) 32% (c) 50% (d)
(compound annually), the rate of interest per annum is : (a) 25% (b) 30% 80% Ans: (a)
(c) 45% (d) 50% Ans: (d) Q90)If the difference between S.I. and C.I. for 2 years on a sum of money lent at
Q69)A sum of money amounts to Rs. 6655 at the rate of 10% compounded 5% is 6, then the sum is (a) 2200 (b) 2400 (c) 2600 (d) 2000 Ans: (b))
annually for 3 years. The sum of money is (a) Rs. 5000 (b) Rs. 5500 (c) Rs. Q91)Rekha invested a sum of 12000 at 5% per annum compound interest. She
6000 (d) Rs. 6100 Ans: (a) received an amount of 13230 after n years. Find n. (a) 2.8 years (b) 3.0
Q70)A sum of money at compound interest will amount to 650 at the end of the years (c) 2.5 years (d) 2.0 years Ans: (d)
first year and 676 at the end of the second year. The amount of money is Q92)A sum of money becomes eight times of itself in 3 years at compound
(a) 1,300 (b) 650 (c) 1,250 (d) 625 Ans: (d) interest. The rate of interest per annum is 100% (b) 80% (c) 20% (d) 10%
Q71)The compound interest on a certain sum of money for 2 years at 5% per Ans: (a)
annum is 410. The simple interest on the same sum at the same rate and Q93)What would be the compound interest of Rs. 25000 for 2 years at the rate
for the same time is (a) 400 (b) 300 (c) 350 (d) 405 Ans: (a) of 5% per annum ? (a) Rs. 2500 (b) Rs. 2562.5 (c) Rs. 2425.25 (d) Rs.
Q72)On a certain principal if the simple interest for two years is Rs. 1400 and 5512.5 Ans: (b)
compound interest for the two years is Rs. 1449, what is the rate of Q94)The compound interest on a certain sum for 2 years at 10% per annum is
interest? (a) 7 % (b) 3.5 % (c) 14 % (d) 10.5 % Ans: (a) Rs. 525. The simple interest on the same sum for double the time at half
Q73)If the rate of interest be 4% per annum for first year, 5% per annum for the rate per cent per annum is : (a) Rs. 520 (b) Rs. 550 515 (c) Rs. 500 (d)
second year and 6% per annum for third year, then the compound interest Rs. Ans: (c)
of 10,000 for 3Yrs will be (a) 1600 (b) 1625.80 (c) 1575.20 (d) 2000 Ans: (c) Q95)A certain amount of money earns Rs. 540 as Simple Interest in 3 years. If it
Q74)The difference between simple interest and compound interest of a certain earns a Compound Interest of Rs. 376.20 at the same rate of interest in 2
sum of money at 20% per annum for 2 years is 48. Then the sum is (a) years, find the amount (in Rs.) (a) 1600 (b) 1800 (c) 2000 (d) 2100 Ans: (c)
1,000 (b) 1, 200 (c) 1,500 (d) 2,000 Ans: (b) Q96)B borrows 5,000 from A at 6% p.a. simple interest and lends it to C at
Q75)Two years ago, the value of my motorbike was 62500. If the value compound interest of 10% p.a. If B collects the money back from C after 2
depreciates by 4% every year, now its value is (a) 56700 (b) 57600 (c) years and repays A, the profit made by B in the transaction is (a) 1,050 (b)
57500 (d) 55700 Ans: (b) 500 (c) 450 (d) 600 Ans: (c)
Q97)The compound interest on 8,000 at 15% per annum for 2 years 4 months,
compounded annually is: (a) 2980 (b) 3091 (c) 3109 (d) 3100 Ans: (c)

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Q98)On a certain sum of money lent out at 16% p.a. the difference between the
compound interest for 1 year, payable half yearly, and the simple interest
for 1 year is 56. The sum is (a) 1080 (b) 7805 (c) 8750 (d) 5780 Ans: (c)
Q99)When principal = S, rate of interest = 2r % p.a, then a person will get after 3
6 Sr r 3
years at compound interest (a) (b) S(1+ ) (c) S
100 100
r 3 r 3
(1+ ) (d) 3 S(1+ ) Ans: (c)
50 100
Q100) A sum of money invested at compound interest doubles itself in 6
years. At the same rate of interest it will amount to eight times of itself in :
(a) 15 years(b) 12 years (c) 18 years (d) 10 years Ans: (c)

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