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Simple and Compound Interest: Compound Interest Annually

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Practice Questions

Concept Explanation

Compound Interest (CI) is interest on principal plus accumulated interest. When compounded annually, interest is added once per year.

Key Formulas

A = P(1 + R/100)^T
CI = A − P

Example

P = Rs. 10,000, R = 10%, T = 2 years. A = 10000 × 1.1^2 = Rs. 12,100. CI = Rs. 2,100.

Q1 Easy

CI on Rs. 10,000 at 10% for 2 years (annually) is:
Q2 Easy

Amount on Rs. 8,000 at 5% for 2 years compounded annually is:
Q3 Medium

CI on Rs. 5,000 at 20% for 2 years is:
Q4 Medium

Amount on Rs. 12,000 at 10% for 3 years is:
Q5 Easy

CI on Rs. 16,000 at 5% for 2 years is:
Q6 Medium

CI on Rs. 20,000 at 10% for 2 years is:
Q7 Hard

Amount on Rs. 15,000 at 8% for 2 years is:

Q8 Easy

CI on Rs. 10,000 at 20% for 1 year is:
Q9 Medium

Amount on Rs. 25,000 at 4% for 2 years is:
Q10 Medium

Amount on Rs. 6,000 at 10% for 3 years is:
Q11 Easy

Amount on Rs. 18,000 at 10% for 2 years is:
Q12 Hard

Amount on Rs. 4,000 at 25% for 2 years is:
Q13 Medium

CI on Rs. 10,000 at 8% for 2 years is:
Q14 Hard

Amount on Rs. 10,000 at 5% for 3 years is: