# Compound Interest MCQ Question with Answer

## Compound Interest MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 8

If the compound interest on a certain sum at 16 (2/3)% to 3 years is Rs.1270, find the simple interest on the same sum at the same rate and f or the same period.

1080
1089
2345
1908

Question No : 9

The difference between the compound interest and simple interest on a certain sum at 10% per annum for 2 years is Rs. 631. Find the sum.

53,100
52,900
63,100
64,500

Question No : 10
10. The difference between the compound interest and the simple interest accrued on an amount of Rs. 18,000 in 2 years was Rs. 405. What was the rate of interest p.c.p.a. ?

10%
12%
13%
15%

Question No : 11
a certain sum amounts to rs.7350 in 2 years and to rs.8575 in 3 years.find the sum and rate ercent.

5400
6400
7400
8767

Question No : 12

A sum of money amounts to rs.6690 after 3 years and to rs.10,035 after 6 years on compound interest. Find the sum.

3467
4560
4460
7890

Question No : 13
A sum of money doubles itself at compound interest in 15 years.in how many years will it become eight times?

34 years
37 years
45 years
47 years

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