Compound Interest Practice Test Set 2

If the difference between the compound interest, compounding annually and the simple interest on a certain sum of money at 5% per annum for 3 years is Rs 183, then what is the sum of money invested?

Difference between Compound interest and simple interest on a certain sum at a certain rate for 3 years is Rs 2,541 and for 2 years it is Rs 840. Find the rate of interest per annum.

A sum of money is accumulating at compound interest at a certain rate. If simple interest instead of compound were reckoned, the interest for the first two years would be diminished by Rs 70 and for the first three years by Rs 213.50. Find the sum.

The compound interest on a sum of money 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 interest and simple interest for 3 years at the same rate will be:

The ratio of compound interest earned over 2 years (compounded annually) to simple interest earned for the same principal and rate for 2 years is 25:24. Find the ratio of compound interest earned over 3 years to simple interest earned over 3 years.