# Compound Interest Solved Question Answer

We will be covering Quantitative Aptitude Compound Interest Multiple choice Question and Answer on this page. All questions will have one correct answer. These MCQ have appeared in recent competitive exams.

Regular practice of Aptitude or Numerical ability questions based on Compound Interest will help you in achieving good test score.

Q 1 – Find the compound interest on Rs 800 for 2 years at 5 % ?
• 82
• 92
• 100
• 108

Q 2 – What will be the difference between S.I. and C.I on Rs 2000 for 3 Years at 5 % ?
• 15.25
• 16
• 16.75
• 17.25

Q 3 – On what sum will the compound interest for 3 years at 5 % amount to Rs 1261 ?
• 4000
• 6000
• 8000
• 10000

Q 4 – The rate per cent , if the compound interest on Rs 15625 for 3 years is Rs 1951 is ?
• 2 %
• 4 %6
• 6 %
• 8 %

Q 5 – The time in which Rs 1200 will amount to Rs 1323 at 5 % compound interest is ?
• 2 Years
• 5 Years
• 7 Years
• 10 Years

Q 6 – A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times itself ?
• 12 Years
• 16 Years
• 24 Years
• 32 Years

Q 7 – The least number of complete years in which a sum of money put out at 20 % compound interest will be more then doubled is ?
• 3 Years
• 4 Years
• 5 Years
• 9 Years

Q 8 – The compound Interest on a certain sum of money for 2 Years is Rs 52 and the Simple Interest for 2 Years at same rate is 50. What will be the rate per cent ?
• 2 %
• 4 %
• 6 %
• 8 %

Q 9 – The difference between S.I. and C.I. on a certain sum of money for 3 years at 5 % per annum is Rs 122. Find the sum ?
• 12000
• 16000
• 20000
• 24000

Q 10 – Hulk invested a sum of money at Compound Interest. It amounted to Rs 2420 in 2 Years and to 2662 in 3 Years. The rate per cent is … ?
• 5 %
• 8 %
• 10 %
• 12 %

Q 11- A sum of money at C.I. doubles itself in 15 years. In how many years it will become 8 times of initial amount ?
• 45 Years
• 48 Years
• 54 Years
• 60 Years

Q 12 – A person lent out a certain sum on Simple Interest and the same sum on Compound Interest at a certain rate of interest per annum. He noticed that the ratio between the difference of compound interest and simple interest of 3 years and that of 2 years is 25:8. Calculate rate of interest per annum ?
• 10 %
• 11 %
• 12 %
• 12.5 %

Q 13 – The difference between C.I. and S.I on a certain sum of money for 3 years at 5% per annum is 122 Rs. Find the sum invested.. ?
• 5 %
• 8 %
• 10 %
• 12 %

Q 14 – The least number of completed years in which a sum of money put out at 20% C.I. will be more than doubled is .. ?
• 3 Years
• 4 Years
• 5 Years
• 6 Years

Q 15 – If the C.I. on a sum for 2 years at 12 1/2% per annum is Rs 510 , the simple interest on the same sum at the same rate for the same period of time is …?
• 400
• 450
• 460
• 480

For more Aptitude Questions on Numerical ability, please refer here.