5 Questions
If the principal amount is Rs. 10,000, the annual interest rate is 8%, and interest is compounded annually, what will be the total amount after 3 years?
Rs. 12,544
If the compound interest on a certain amount for 2 years at 10% per annum is Rs. 2,000, what is the principal amount?
Rs. 9,000
Rajesh invested Rs. 5,000 in a fixed deposit at an annual interest rate of 6%, compounded quarterly. What will be the total amount after 1 year?
Rs. 5,400
If the compound interest on a certain sum of money at 12% per annum for 2 years is Rs. 1,440, what is the principal amount?
Rs. 7,000
A loan of Rs. 20,000 is taken for 4 years with an interest rate of 8%, compounded semi-annually. What is the compound interest accrued over the period?
Rs. 6,800
Test your knowledge of compound interest with these quiz questions. Calculate the total amount after a specified period, determine the annual interest rate, and sharpen your financial math skills.
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