1) Find the compound interest on Rs 25000 for 3 years at 6% per annum, compounded annually. a) Rs 5000. b) Rs Rs 4700. c) Rs 4775.40 2) The compound interest on $5000 for 1 year at 8% per annum, compounded half-yearly is  a) Rs 409 b) Rs 408 c) Rs 410 3) Formula for calculate when interest is compounded annually but rate are different for different years a) A= { p x (1+ p/100) x (1+ q/100)} b) A= { (1+ p/100) x (1+ q/100)}n c) A= { p x (1+ p/100)}n 4) If the present population of a place is p and it increase at the rate of R% per annum, then population after n years is a) P x ( 1 - r/100)n b) P x ( 1 + r/100)n c) P x ( 1 + r/100)4n 5) The compound interest on Rs 40000 at 6% p.a for 6 months compounded quarterly a) Rs 1209 b) Rs 1200 c) Rs 1902

Class 8 Compound interest

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