**Q1. Find the amount of Rs. 8000 in 3/2 years at 5% per annum compound interest payable half-yearly.**

(a) 8615.13

(b) 8715.23

(c) 9615.43

(d) 7615.13

**Q2. Find the compound interest on Rs. 4000 at 24% per annum for 3 months, compounded monthly. **

(a) 248.23

(b) 244.83

(c) 245.13

(d) 344.32

**Q3. Annu invests Rs. 5000 in a bond which gives interest at 4% per annum during the first year, 5% during the second year and 10% during the third year. How much does she get at the end of the third year? **

(a) 6006

(b) 5075

(c) 5785

(d) 4587

**Q4. What will be the compound interest on Rs 15625 for 5/2 years at 4% per annum? **

(a) 1713

(b) 1142

(c) 1213

(d) 1613

**Q5. What will be the difference between simple and compound interest on a sum of Rs. 4500 put for 2 years at 5% per annum? **

(a) 12.25

(b) 11.25

(c) 10.5

(d) 11.75

**Q6. If the difference between the compound interest and simple interest on a certain sum of money for 3 years at 5% per annum is Rs. 61, find the sum. **

(a) 8000

(b) 7000

(c) 4578

(d) 8952

**Q7. A sum of money placed at compound interest doubles in 3 years. In how many years will it become four times? **

(a) 5

(b) 6

(c) 4

(d) 7

**Q8. A sum of money at compound interest amounts to Rs. 4050 in one year and to Rs. 4723.92 in 3 years. Find the rate of interest per annum. **

(a) 7%

(b) 6%

(c) 5%

(d) 8%

**Q9. If a sum of Rs. 13040 is to be paid back in two equal annual installments at 15/4% per annum, what is the amount of each installment?**

(a) 6889

(b) 7854

(c) 6254

(d)6052

**Q10. In how many years will a sum of Rs. 800 at 10% per annum compound interest, compounded semiannually becomes 926.10? **

(a) 3/2

(b) 1 2/2

(c) 2 1/3

(d) 2 1/2

**Q11. Kruti took a loan at simple interest rate of 6% in the first year with a increase of 0.5% in each subsequent year. She paid interest of Rs. 3375 after four years. How much loan did she take?**

(a) Rs. 12500

(b) Rs. 33250

(c) Rs. 15800

(d) Cannot be determined

**Q12. A person takes Rs. 10,000 loan at the rate of 10% interest compounding yearly for the period of 4 years. How much interest he has to pay? **

(a) Rs. 4,371

(b) Rs. 4,581

(c) Rs. 14,641

(d) Rs. 4,641

**Q13.A man borrows money at 3% per annum interest payable yearly and lend it immediately at 5% interest (compound) payable half-yearly and thereby gains Rs. 330 at the end of the year. The sum borrowed is: **

(a) Rs. 17,000

(b) Rs. 16,500

(c) Rs. 15,000

(d) Rs. 16,000

**Q14. If a sum of money compound annually becomes 1.44 times of itself in 2 years, then the rate of interest per annum is:**

(a) 25%

(b) 22%

(c) 21%

(d) 20%

**Q15. A sum of money lent at compound interest amounts to Rs. 1460 in 2 years and to Rs. 1606 in 3 years. The rate of interest per annum is: **

(a) 12%

(b) 11%

(c) 10.5%

(d) 10%