# Arithmetic Questions And Answers :: Compound Interest: part1

Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part1 : 6 to 10

Following Compound Interest multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :

 6.The difference between the compound interest and the simple in interest on a certain sum at 5% per annum for 2 years is Rs. 1.50. The sum is: Rs. 600 Rs. 500 Rs. 400 Rs. 300 ANSWER : : Rs. 600
 7.The difference of compound interests on Rs. 800 for 1 year at 20% per annum when compounded half yearly and quarterly is: Nil 2.50 4.40 6.60 ANSWER : : Rs. 4.40
 8.A sum of money amounts to Rs.10648 in 3 years and Rs. 9680 in 2 years. The rate of interest is : 5% 10% 15% 20% ANSWER : : 10%
 9.A sum of money placed of C.T. doubles itself in 5 years. It will amount to eight times itself in: 15 years 20 years 12 years 10 years ANSWER : : 15 years
 10.The compound interest on Rs. 3000 at 7% per annum for a certain time is Rs. 4347. The time is: 2 year 2 year 3 years 4 years ANSWER : : 2 years

More Compound Interest QUESTIONS AND ANSWERS available in next pages

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