Compound Interest Practice Test Set 2 ⋆ CSE Study247

Compound Interest Practice Test Set 2

Questions 41-45 of 50

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Question 41

MCQ · Single Correct 1 mark

Previous Year Question RRB NTPC GRADUATE LEVEL 2026 PYQ

What is the compound interest on Rs 20,000 for 9 months at 4% per annum when interest is compounded quarterly?

A A) Rs 610.00 B B) Rs 606.02 C C) Rs 609.05 D D) Rs 605.00

MCQ · Single Correct 1 mark

Previous Year Question SSC CGL PRE 2025 PYQ

How much will the compound interest on Rs 16,000 at 20% per annum for 9 months be if it is compounded quarterly?

A A) Rs 2,222 B B) Rs 2,422 C C) Rs 1,522 D D) Rs 2,522

MCQ · Single Correct 1 mark

Previous Year Question RRB NTPC GRADUATE LEVEL 2026 PYQ

An amount of Rs 50,000 is invested at an annual interest rate of 4%, compounded half-yearly. What will be the total amount after 2 years?

A A) Rs 52,121.61 B B) Rs 55,000.00 C C) Rs 54,121.61 D D) Rs 53,120.00

MCQ · Single Correct 1 mark

Previous Year Question SSC MTS 2023 PYQ

Find the amount of Rs 75,000 for 1 year at 16% per annum, if interest is compounded quarterly.

A A) Rs 87,379.40 B B) Rs 89,773.40 C C) Rs 87,937.40 D D) Rs 87,739.40

MCQ · Single Correct 1 mark

Previous Year Question DSSSB HEAD CLERK 2022 PYQ

What is the compound interest on Rs 3,90,625 at 16% per annum for 1 year, compounded quarterly?

A A) Rs 65,313 B B) Rs 61,366 C C) Rs 63,651 D D) Rs 66,351