# Arithmetic Questions And Answers :: Compound Interest: part3

Compound Interest QUESTIONS AND ANSWERS :: Arithmetic : part3 : 1 to 5

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

 1.RS.1600 at 10% per annum compound interest compounded half yearly amount to Rs. 1944.81 in 2 years 3 years 1 years 2 years ANSWER : : 2 years
 2.The compound interest on a sum for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs.800. The difference between the compound and simple interests for 3 years will be: Rs.48 Rs.66.56 Rs.98.56 none of these ANSWER : : Rs.98.56
 3.A tree increases annually by 1/8 th of its height, By how much will at increase after 2 years, it stand-today 64cm high? 72 cm 74 cm 75 cm 81 cm ANSWER : : 81 cm
 4.The difference between simple interest and compound interest on a sum for 2 years at 8% when the interest is compounded annually is Rs.16. If the interest were compounded half yearly, the difference in two interests would be nearly: Rs.16 Rs.16.80 Rs. 21.85 RS.24.64 ANSWER : : RS.24.64
 5.A sum of Rs.550 was taken as a loan. This is to be repaid in two equal annual instalments. If the rate of interest be 20% compounded annual by then he value of each instalment is: RS.421 Rs.396 Rs.360 Rs.350 ANSWER : : Rs.360

More Compound Interest QUESTIONS AND ANSWERS available in next pages

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