Home » Compound Interest – Questions and Answers – Quiz 2Compound Interest – Questions and Answers – Quiz 2by adminMay 3, 2016 1. What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?Rs. 9000.30 Rs. 9720 Rs. 10123.20 10483.202. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?6% 6.5% 7% 7.5%3. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:3 4 5 64. Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?Rs. 8600 Rs. 8620 Rs. 8820 None of these5. The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:6.06% 6.07% 6.08% 6.09% Score = Correct answers: Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment.