In this Post you will Get **Compound Interest Question Bank** for Class 12 and **B.COM 2nd and 4th SEM CBCS Pattern.Â **This Question Bank is prepared keeping in view various exams and universities especially all those universities which follow **CBCS Pattern.** Our main focus on

– Dibrugarh University

– Gauhati University

– Assam University

– AHSEC Class 12 BMST

– Kolkata University

– IGNOU

This **Compound Interest Question Bank** also includes Questions asked in above mentioned universities exams.

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**Compound Interest Question Bank**

**For B.Com 2**^{nd }and 4^{th} Sem CBCS Pattern (Hons and Non Hons)

^{nd }and 4

^{th}Sem CBCS Pattern (Hons and Non Hons)

1. Write down the formula for finding the amount (A) on a principal (P) at r% p.a. compound interest, interest being compounded monthly, quarterly and half yearly for a period of n years.

2. At what rate percent of compound interest will Rs. 4,000 amount to Rs. 5,200 in 3 years?

3. A sum of money is put out at compound interest of 2 years at 20% p.a. It would earn Rs. 482 more if the interest were payable half-yearly than it was payable yearly. Find the sum.

4. The difference between simple and compound interest on a certain sum of money for 3 years at 5% p.a. is Rs. 213.50. Find the principal, simple interest and compound interest.

5. The difference between simple and compound interests on a certain sum of money @ 6% p.a. for 2 years is Rs. 13.50. Find the principal, simple interest and the compound interest.

6. The difference between simple and compound interest on a certain sum of money for 3 years @ 5% p.a. is Rs. 76.25. Find the sum, simple interest and the compound interest.

7. Compound interest on a certain sum for 2 years at a certain rate is Rs. 920.25 and S.I. on the same sum for the same time and at the same rate is Rs. 900. Find sum and the rate of interest.

9. Compound Interest and Simple Interest on a certain sum of money for 2 years are respectively Rs. 920.25 and Rs. 900. Find the sum and the rate of interest.

10. A machine depreciates @ 10% p.a. of its value at the beginning of the year. If the original value of the machine Rs. 5,810 and scrap value is Rs. 2,250, find for how many years the machine was used.

11. The value of machine at the end of year becomes 90% of its value at the beginning of that year. The machine was bought at Rs. 4,800 and after using it for some years it was sold at Rs. 1,800. For how many years the machine was in use?

12. A washing machine was purchased 3 years ago for Rs. 31,250 and now its depreciated value is Rs. 16,000. Find the rate percent of depreciation.

13. A machine depreciates at the rate of 10% p.a. If the original value of the machine is Rs. 5810 and its scrap value is Rs. 2250, for how many years was the machine in use.

14 The value of a machine at the end of a year becomes 90% of its value at the beginning of that year. The machine was bought at Rs. 4800 and after using it for some years it was sold at Rs. 1800. How many years was the machine in use?

15. Compound Interest for 2^{nd} year on a certain sum at 4% pa is Rs. 25. Find the C.I. for 3^{rd} year.

16. A sum when placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times itself?

17. A man took a loan of Rs. 450 @ 4% p.a. CI. He paid Rs. 148 at the end of first year and Rs. 156 at the end of second year. How much should he pay with interest at the end of the third year?

18. A certain sum of money amounts to Rs. 8,820 after 2 years and Rs. 9,261 after 3 years at a certain rate of compound interest. Find the rate of interest and the sum. (Do not use log method)

19. A certain sum of money is deposited in a bank @ 4% p.a. C.I. The CI for 2^{nd} year is Rs. 25, final CI for 3^{rd} year.

20. A sum of money double itself in 12 Â½ years at certain rate of S.I. How long will it take to double itself at the same rate of C.I?

21. A man borrows money at 4% p.a. and pays the interest at the end of the year. He lends it at 6% p.a. compounded half-yearly and receives the interest at the end of the year. In this way if he gains Rs. 1,045, how much money does he borrow?

**ALSO READ: BUSINESS MATHEMATICS QUESTION BANK**

**UNIT 1: MATRIX AND DETERMINANTS**

**UNIT 2: FUNCTIONS, LIMIT AND CONTINUITY QUESTION BANK**

**UNIT 4: SIMPLE INTEREST, COMPOUND INTEREST AND ANNUITIES**

**UNIT 5: LINEAR PROGRAMMING**

– LINEAR PROGRAMMING QUESTION BANK

**Compound Interest Question Bank**

**Dibrugarh University Past Exam Questions**

**2022**

1. At what time an amount of money will double itself at 5% p.a. rate of compound interest?

2. What is the nominal rate of interest p.a. payable quarterly which is equivalent to the effective rate of 4% p.a.?

3. A machine is depreciated at 10% per year. A machine was purchased at Rs. 50,000 and after some years its depreciated value become Rs. 5,750. Find the life period of the machine.

4. Write the difference between nominal rate of interest and effective rate of interest.

**2019**

1. A machine is depreciated every year at 10% p.a. The original price of the machine was Rs. 50,000 and after some years of use it was sold for Rs. 5,750. For what time was the machine being use?

2. A certain sum lent out at compound interest amounted to Rs. 2,420 in 2 years and to Rs. 2,662 in 3 years. Find the sum and the rate of interest.

**2018**

1. An amount of money with compound interest turned to be Rs. 4,840 in 2 years and Rs. 5,324 in 3 years. What is the rate of interest?

2. Write the difference between simple interest and compound interest.

3. A certain sum of money lent out at compound interest amounted to Rs. 2,420 in 2 years and to Rs. 2,662 in 3 years. Find the rate of interest and the sum of money.

**2017**

1. What is compound interest?

2. What is the difference between 2 yearsâ€™ simple interest and compound interest on Rs. 5,000 at 6% p.a.?

3. A man borrows Rs. 4,800 at 6% simple interest and invested the sum at 7 and half % compound interest. What will be his gain after 3 years?

4. A certain sum of money lent out at compound interest amounted to Rs. 2,420 in 2 years and Rs. 2,662 in 3 years. Find the sum and the rate of interest.

**2016**

1. The difference between compound interest and simple interest on a certain sum of money at 5% p.a. in 3 years is Rs. 213.50. Find the sum.

2. A person borrowed Rs. 4,500 @ 4% p.a. in compound interest. He paid back Rs. 1,480 at the end of first year and Rs. 1,560 at the end of second year. How much money should he pay at the end of the third year to make good his loan?

**2015**

1. A certain sum of money lent out at compound interest amounted to Rs. 2,420 in 2 years and Rs. 2,662 in 3 years. Find the sum and the rate of interest.

2. The value of a machine depreciates every year @ 10% CI. If the value of the machine after 4 years becomes Rs. 1,31,220, what was its original value?

**2014**

1. If the population of a town increases every year by 2%, in how many years will that increase in population be 40%?

2. A machine is depreciated every year at 10% p.a. The original price of the machine was Rs. 50,000 and after some years of use was sold for Rs. 5,750. For what time was the machine used?

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