Some question related to compound interest
- Find the amount compounded annually on Rs 9,000 for 2 years if the rates of
interest for two years are 8 %b and 10 % respectively.
- Find the compound interest compounded annually on Rs 1,00,000 for 3 years if
the rates of interest in the lirst, second and the third years are 4 %, 5 % and 7 %
respectively.
- Mr. Tharu borrowed a sum of Rs 1,00,000 from an Agricultural Bank for 3 years to
upgrade his poultry farming. The bank charged 5% interest compounded annually
for the first year and the rate of interest was gradually increased by 1% every year.
How much interest did he pay at the end of third year?
- Simple interest on a sum of money for 2 years at 5% p.a. is Rs 960. Find the
compound interest on the same sum and at the same rate for 1 year, if the interest
is reckoned half-yearly.
- A person paid Rs 6,200 compound interest on a certain sum of money that he
borrowed from a bank at 10% p.a. compounded annually for 1 years. Find the
compound interest on the same sum and at the same rate for the same period of
time, if the interest had to be paid semi-annually.
-The compound interest on the sum of money at 8 % p.a. for 2 years is more
than the simple interest on the same sum at the same rate for the same time by
Rs 76.80. Find the sum.
- Harka Tamang borrowed a certain sum of money from Roshan Shrestha at the rate
of 9 % p.a. simple interest for 2 years. He immediately lent this money to Raju Jha
at the same rate of compound interest for the same period of time. If the interest
paid by Harka is Rs 243 less than the interest paid by Raju, calculate the sum.
- If the compound interest on a sum of money compounded semi-annually in one
year at 5 % per annum is Rs 20 more than the compound interest on the same sum
compounded annually in the same time and at the same rate, find the sum.
- The difference between the annual and semi-annual compound interest on a sum
of money is Rs 63 at the rate of 10 % per annum for 1 years. Find the sum.
- If the sum of simple interest and compound interest at the rate of 8% p.a. for 2 years
is Rs 816, find the principal.
- The compound interest of a certain sum for 2 years is Rs 738 and the simple interest
of the same sum for the same interval of time al the same rate of interest is Rs 720.
Find the sum and the rate of interest.
Hope you found questions interesting
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