Compound Interest

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Compound Interest: Overview

This topic covers concepts, such as Compound Interest as Per Cent, Compound Interest on Loan, Deducing a Formula for Compound Interest, Types of Growth Rate & Growth Rate as Percentage etc.

Important Questions on Compound Interest

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Find the compound interest on  6250 at 12% per annum for 1 year compounded quarterly is -

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In what time will 500 give 50 as interest at the rate of 5% per annum simple interest?

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If the difference of compound interest and simple interest for 3 years at the rate of 5% per annum is 11.40 rupees, then the principal amount is _____?

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The rate of depreciation of a car is 10% per annum. Its present worth is81000. What was its worth 2 years ago?

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In what time will 1,000 amount to 1,331 at 20% per annum, compounded half -yearly?

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The simple interest accrued on an amount of  22,500 at the end of four years is  10800. What would be the compound interest accrued on the same amount at the same rate at the end of two years?

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A money lender finds that due to a fall in the annual rate of interest from 8% to 314%, his yearly income diminishes by  61.50. His capital is _____

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The difference between compound interest and simple interest on a sum of money for 3 years at 5% per annum is Rs. 61. Find the sum.

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Find the difference between compound interest and simple interest on 2500 for 2 years at 4% per annum.

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A sum at simple interest of 6146\frac { 1 }{ 4 } % per annum amounts to ₹ 25,000 after 4 years. Find the sum ?

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Find the difference between compound and Simple interest for principal 10,000 at the rate of 3% per annum for 3 years?

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The compound interest on a certain sum for 2 years is 105 and simple interest is100. The rate of interest per annum and the sum are:

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What is the present worth of  132 due in 2 years at 5% simple interest per annum?

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The difference between compound interest and simple interest on 2500 for 2 years at 4% per annum is:

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A sum of 400 amounts to 441 in 2 years .What will be its amount, if the rate of interest is increased by 5%?

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Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs.4000 for 2 years at 10% per annum. The sum placed on simple interest is:

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If the simple interest for 6 years be equal to 30% of the principal amount, it will be equal to the principal after how many years?

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What will be the compound interest on Rs. 15625 for 3 years at 8% per annum, if the interest is compounded annually?

EASY
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The compound interest on a certain sum for 2 years at 20% per annum is  880. The simple interest on the same sum for double time at half the rate percent per annum is:

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What is the difference between the compound interest on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?