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15. A fort had provision for 300men for 90days. After 20days, 50men left the fort. How
long would the food last at the same rate?
. Calculate the amount and compound interest on
(a) Rs 10,800 for 3 years at 12.5% per annum compounded annually (b) Rs 18,000 for 2.5 years at
10% per annum compounded annually(c) Rs 62,500 for 1.5 years at 8% per annum compounded
half yearly.(d) Rs 8,000 for 1 year at 9% per annum compounded half yearly(e) Rs 10,000 for 1 year
at 8% per annum compounded half yearly.
2. Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15% p.a. compounded
yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?
3. Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows
the same amount for the same time period at 10% per annum, compounded annually. Who pays
more interest and by how much?
4. I borrowed Rs 12,000 from Jamshed at 6% per annum simple interest for 2 years. Had I borrowed
this sum at 6% per annum compound interest, what extra amount would I have to pay?
5. Vasudevan invested Rs 60,000 at an interest rate of 12% per annum compounded half yearly.
What amount would he get (i) after 6 months? (ii) after 1 year?
6. Arif took a loan of Rs 80,000 from a bank. If the rate of interest is 10% per annum, find the
difference in amounts he would be paying after 1.5 years if the interest is (i) compounded annually.
(ii) compounded half yearly.
7. Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded
annually. Find (i) The amount credited against her name at the end of the second year. (ii) The
interest for the 3rd year.
Class 8th maths Test paper chapter COMPOUND INTEREST: 1. Calculate the amount
and compound interest on (a) Rs 10,800 for 3 years at 12.5% per annum
compounded annually (b) Rs 18,000 for 2.5 ye...
one year it amounts to Rs 5600. Calculate (i) the rate of interest per annum,
(ii) the interest accrued in the
second year, (iii) the amount at the end of the third year.
4. A sum of Rs 9600 is invested for 3 years at 10% per annum at compound
interest. (i) What is the sum
due at the end of the first year? (ii) What is the sum due at the end of the
second year? (iii) Find the
compound interest earned in two years. (iv) Find the difference between the
answers (ii) and (i) and find the
interest on this sum for one year. (v) Hence write down the compound
interest for the third year.
5. Find the difference between the S.I. and C.I. on Rs 2500 for 2 years at 4%
p.a., compound interest
reckoned semi-annually.
6. Find the amount and the compound interest on Rs 8000 in 2 years if the
rate is 10% for the first year and
12% for the second year.
7. A man invests Rs 6500 for 3 years at 45% p.a. compound interest
reckoned yearly. Income tax at the
rate of 20% is deducted at the end of each year. Find the amount at the end
of the third year.
8. Calculate the compound interest for the second year on Rs 8000 invested
for 3 years at 10% p.a.
Find the sum which amounts to Rs 9261 at 10% p.a. compound interest for
18 months, interest payable halfyearly.
9. On what sum will the compound interest for 2 years at 5% p.a. be Rs 246?
10. On what sum will the compound interest (reckoned yearly) for 3 years at
6% per annum be Rs
40850?
11. A man invests Rs 1200 for two years at compound interest. After one
year his money amounts to Rs 1275. Find the rate of compound interest. Also
find the amount which the man will get after 2 years correct
to the nearest paise.
12. At what rate percent per annum compound interest will Rs 2000 amount
to Rs 231525 in 3 years?
annum are Rs 410 and Rs 400 respectively. Find the rate of interest and the
sum of money.
24. The compound interest calculated yearly on a certain sum of money for
the second year is Rs 880 and
for the third year it is Rs 968. Find the rate of interest and the original money.
25. The simple interest on a certain sum for 3 years is Rs 150 and the
compound interest on the same sum at the same rate for 2 years is Rs 110.
Find the rate of interest and the principal.
26. A sum of money lent at C.I. on 1st April 96 amounts to Rs 2420 on 1st
April 98 and to Rs 2662 on 1st
April 99. Find the rate of interest and the sum.
27. The simple interest in 3 years and the compound interest in 2 years on a
certain sum at the same rate are
Rs 1200 and Rs 832 respectively. Find (i) the rate of interest, (ii) the principal,
(iii) the difference between
C.I. and S.I. for three years.
28. The value of a machine depreciates every year at the rate of 10% of its
value. The machine was
purchased for Rs 40000 when new and it was sold for Rs 29160. Find the
number of years that the machine was used.
29. A man borrowed a sum of money and agrees to pay off by paying Rs
3150 at the end of the first year
and Rs 4410 at the end of the second year. If the rate of compound interest
is 5% p.a., find the sum
borrowed.
30. A man borrowed a certain sum of money and paid it back in 2 years in
two equal instalments. If the rate
of compound interest was 4% p.a. and if he paid Rs 676 annually, what sum
did he borrow?
31. A sum of Rs 16400 is borrowed to be paid back in 2 years by two equal
annual instalments allowing 5% compound interest. Find the annual
payment.
32. A loan of Rs 4641 is to be paid back by 4 equal annual instalments. The
interest is compounded yearly
at 10%. Find the value of each instalment.
33. A man borrows Rs 6000 at 5% p.a. compound interest. If he repays Rs
1200 at the end of each year,