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Get free access to 25 articles related to compound interest

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<html><body><h2 id="content-id-5681492370-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-8276390514-3"><b>Question On Compound Interest </b></h2>A certain sum when invested at 5% interest compounded annully for 3 years yields an interest of Rs. 2,522. Find the Prinicipal?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 32 Seconds </h3></div></div><h2 id="content-id-9635287410-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>Rs. 12,522</p>
</li><li><p>Rs. 15,200</p>
</li><li><p>Rs. 16,000</p>
</li><li><p>Rs. 17,200</p>
</li></ol> <h2 id="content-id-5286917304-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 3</strong> i.e. <strong>Rs. 16,000</strong></p>

<p>CI = P[(1 + r/100)<sup>t</sup> – 1]</p>

<p>2522 = P[(1 + 5/100)<sup>3</sup> – 1]</p>

<p>⇒ 2522 = P[9261/8000 – 1]</p>

<p>⇒ 2522 = 1261P/8000</p>

<p>⇒ P = 8000 × 2</p>

<p>⇒ P = 16000</p>
<h2 id="content-id-8307491562-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


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A certain sum when invest - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-0174895263-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-0218396457-3"><b>Question On Compound Interest </b></h2>A sum of â&#130;¹1,00,000 was taken from a bank at the rate of 7% p.a to be compounded annually for 5 years. Calculate the compound interest. (Closest to a â&#130;¹)
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-4123806795-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹40,000</p>
</li><li><p>â&#130;¹20,963</p>
</li><li><p>â&#130;¹40,567</p>
</li><li><p>â&#130;¹40,255</p>
</li></ol> <h2 id="content-id-0962574381-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 4</strong> i.e. <strong>â&#130;¹40,255</strong></p>

<p>CI = P(1 + R/100)<sup>T</sup> - P                ----- (1)</p>

<p>Where CI = Compound interest, P = principal, R = rate and T = Time</p>

<p>Using the above formula;</p>

<p>⇒ CI = 100000(1 + 7/100)<sup>5</sup> - 100000</p>

<p>⇒ 140255.17 - 100000</p>

<p>⇒ 40255.17 or 40255 (approx.)</p>
<h2 id="content-id-2718350496-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A sum of 1 00 000 was - Compound Interest Questions for Ssc Cgl

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-4218950367-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-3751894602-3"><b>Question On Compound Interest </b></h2>A certain amount of money becomes thrice in 5 years at compound interest. How many years it will take to become 9 times?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-5791608324-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>15 years</p>
</li><li><p>10 years</p>
</li><li><p>8 years</p>
</li><li><p>25 years</p>
</li></ol> <h2 id="content-id-0139648752-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>Option 2 </strong>i.e. <strong>10 years</strong>.</p>

<p><strong>Short Trick:</strong></p>

<p><img alt="" src="https://hranker.com/admin/assets/uploads/ckeditor/Urgent%20Diagram_31-01-2025_D342025_01_31_18_14_23.png" style="height:87px; width:276px"></p>

<p>Total time = 5 + 5 = 10 years</p>

<p><strong>Alternative Solution:</strong></p>

<p>Principal = P and Amount = 3P</p>

<p>Number of years (t) = 5</p>

<p>Amount (A) = 3P</p>

<p>Amount = P(1 + <span class="math-tex">\(r \over 100\)</span>)<sup>t</sup></p>

<p>⇒ 3P = P × (1 + <span class="math-tex">\(r \over 100\)</span>)<sup>5</sup></p>

<p>⇒ (1 + <span class="math-tex">\(r \over 100\)</span>)<sup>5</sup> = 3 ...(1)</p>

<p>Now,</p>

<p>Principal = P and Amount = 9P</p>

<p>According to the question -</p>

<p>⇒ 9P = P(1 + <span class="math-tex">\(r \over 100\)</span>)<sup>x</sup></p>

<p>⇒ (1 + <span class="math-tex">\(r \over 100\)</span>)<sup>x</sup> = 9 = 3<sup>2</sup></p>

<p>⇒ (1 + <span class="math-tex">\(r \over 100\)</span>)<sup>x</sup> = {(1 + <span class="math-tex">\(r \over 100\)</span>)<sup>5</sup>}<sup>2</sup>             {From equation (1)}</p>

<p>⇒ (1 + <span class="math-tex">\(r \over 100\)</span>)<sup>x</sup> = (1 + <span class="math-tex">\(r \over 100\)</span>)<sup>10</sup></p>

<p>⇒ x = 10 years</p>
<h2 id="content-id-0314756289-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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A certain amount of money - Compound Interest Questions for Ssc Cgl

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-9865473120-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-1402736589-3"><b>Question On Compound Interest </b></h2>A invested an amount of â&#130;¹12,000 in a fixed deposit scheme for 2 years at an interest rate of 5% per annum, compounded annually. How much amount will A get on maturity of the fixed deposit?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 36 Seconds </h3></div></div><h2 id="content-id-1206384795-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹13,230</p>
</li><li><p>â&#130;¹11,280</p>
</li><li><p>â&#130;¹12,450</p>
</li><li><p>â&#130;¹14,560</p>
</li></ol> <h2 id="content-id-0842961375-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>Option 1 </strong>i.e. <strong>â&#130;¹13,230</strong></p>

<p>Amount after 2 years = Principal × (1 + rate/100)<sup>2</sup></p>

<p>⇒ Amount after 2 years = 12000 × (1 + 5/100)<sup>2</sup></p>

<p>⇒ Amount after 2 years = 12000 × (21/20)<sup>2</sup></p>

<p>⇒ Amount after 2 years = 12000 × {441/400}</p>

<p>⇒ Amount after 2 years = 30 × 441 = 13,230</p>
<h2 id="content-id-9246170853-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A invested an amount of - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-1658079234-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-5420736198-3"><b>Question On Compound Interest </b></h2>What will be the amount payable on maturity on a principal of â&#130;¹12,000, invested for 3 years, at the rate of 10% per annum, compounded annually?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-1420639785-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹15,972</p>
</li><li><p>â&#130;¹16,826</p>
</li><li><p>â&#130;¹18,922</p>
</li><li><p>â&#130;¹14,928</p>
</li></ol> <h2 id="content-id-0278961543-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 1 </strong>i.e. <strong>â&#130;¹15,972.</strong></p>

<p><strong><span class="math-tex">\(Amount = P({1 +{R \over 100}})^T\)</span></strong></p>

<p>P = â&#130;¹12,000</p>

<p>R = 10%</p>

<p>T = 3 years</p>

<p> <span class="math-tex">\(Amount = 12,000({1+{10 \over 100}})^3\)</span></p>

<p>A = 12,000 × 11/10 × 11/10 × 11/10</p>

<p>A = 15,972</p>

<p>Hence the required amount is <strong>â&#130;¹15,972.</strong></p>


<h2 id="content-id-2697184035-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


What will be the amount p - Compound Interest Questions for Ssc Cgl

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-8902654317-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-1597306284-3"><b>Question On Compound Interest </b></h2>â&#130;¹15,000 is lent for one year at the rate of 20% per annum, the interest being compounded annually. If the compounding of the interest is done half-yearly, then how much more interest will be obtained at the end of the one-year period on the same initial sum?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 39 Seconds </h3></div></div><h2 id="content-id-4682390175-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹250</p>
</li><li><p> â&#130;¹200</p>
</li><li><p>â&#130;¹150</p>
</li><li><p>â&#130;¹180</p>
</li></ol> <h2 id="content-id-3809412567-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 3 </strong>i.e. <strong>â&#130;¹150.</strong></p>

<p><strong><span class="math-tex">\(Amount = P({1+ {R \over 100}})^T\)</span></strong></p>

<p>P = â&#130;¹15,000</p>

<p>R = 20%</p>

<p>T = 1 year</p>

<p>So, Amount = 15,000(1 + 20/100)</p>

<p>Amount = 18,000     ...(i)</p>

<p>Now if interest is compounded half-yearly </p>

<p>P = â&#130;¹15,000</p>

<p>R = 20/2 = 10%</p>

<p>T = 1 × 2 = 2 years</p>

<p>Now, A = 15,000(1 + 10/100)<sup>2</sup></p>

<p>A = 18,150    ....(ii)</p>

<p>Hence the required difference is (ii) - (i),</p>

<p>Difference = 18,150 - 18,000 = 150.</p>

<p>Hence the required difference is â&#130;¹150.</p>
<h2 id="content-id-5769230814-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


 15 000 is lent for one - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-7063124985-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-4837506129-3"><b>Question On Compound Interest </b></h2>The compound interest earned by Sunil on a certain sum at the end of two years at the rate of 16% p.a., when interest is compounded annually, was â&#130;¹864. What was the sum invested by Sunil?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 36 Seconds </h3></div></div><h2 id="content-id-9402685371-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹2,500</p>
</li><li><p>â&#130;¹2,750</p>
</li><li><p>â&#130;¹1,500</p>
</li><li><p>â&#130;¹2,000</p>
</li></ol> <h2 id="content-id-0685432971-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 1</strong> i.e. <strong>â&#130;¹2,500</strong></p>

<p>compound interest = principal [(1 + Rate / 100) <sup>time</sup> -1]</p>

<p>⇒ 864 = principal [(1 + 16/100)<sup>2</sup> -1</p>

<p>⇒ 864 = principal [(116/100)<sup>2</sup> - 1]</p>

<p>⇒ 864 = principal [(13456/10000 − 1)] </p>

<p>⇒ 864 = principal [3456/10000]</p>

<p>⇒ 864 × 10000/3456 = principal</p>

<p>⇒ 10000/4 = principal</p>

<p>⇒ Principal = 2500</p>

<p>So the sum invested by Sunil is 2500.</p>
<h2 id="content-id-1347590682-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


The compound interest ear - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-2186794053-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-4315682709-3"><b>Question On Compound Interest </b></h2>A sum invested at a certain rate of interest per annum, compounded annually, amounts to â&#130;¹14,400 in 2 years and to â&#130;¹25,920 in 4 years. What is the sum invested?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-0381297465-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹8,200</p>
</li><li><p>â&#130;¹7,500</p>
</li><li><p>â&#130;¹8,500</p>
</li><li><p>â&#130;¹8,000</p>
</li></ol> <h2 id="content-id-4159368720-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 4</strong> i.e  <strong>â&#130;¹8,000.</strong></p>

<p>Let the principal and rate of interest be P and R respectively.</p>

<p>⇒ 14400 = P(1 + R/100)<sup>2</sup> .............(i)</p>

<p>⇒ 25920 = P(1 + R/100)<sup>4</sup> .............(ii)</p>

<p>Eq.(i) divided by Eq.(ii).</p>

<p>⇒ 14400/25920 = P(1 + R/100)<sup>2</sup>/P(1 + R/100)<sup>4</sup></p>

<p>⇒ 5/9 = (1 + R/100)<sup>2</sup>/(1 + R/100)<sup>4</sup></p>

<p>⇒ 5/9 =1/(1 + R/100)<sup>2</sup></p>

<p>⇒ (1 + R/100)<sup>2</sup> = 9/5    ...........(iii)</p>

<p>Put Eq. (iii) in Eq.(i).</p>

<p>⇒ 14400 = P × 9/5</p>

<p>⇒ 1600 = P × 1/5</p>

<p>Sum invested initially, P = 8000</p>
<h2 id="content-id-2840659371-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A sum invested at a certa - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-1947258603-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-2153467809-3"><b>Question On Compound Interest </b></h2>What is the rate of compound interest, if the interest on â&#130;¹ 10,000 for 2 years is â&#130;¹ 609, when interest is compounded annually?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 32 Seconds </h3></div></div><h2 id="content-id-8975643102-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>3% per annum</p>
</li><li><p>4% per annum</p>
</li><li><p>2% per annum</p>
</li><li><p>5% per annum</p>
</li></ol> <h2 id="content-id-5961024387-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 1</strong> i.e. <strong>3% per annum</strong>.</p>

<p>Principal = 10000</p>

<p>Rate = R</p>

<p>Time = 2 years</p>

<p>CI = 609</p>

<p>Amount = P(1 + R/100)<sup>T</sup>            ----- (1)</p>

<p>Where, P = principal, R = rate and T = time</p>

<p>Using equation (1), we get</p>

<p>Amount = 10000 + 609 = 10609</p>

<p>⇒ 10609/10000 = (1 + R/100)<sup>2</sup></p>

<p>⇒ 103/100 = 1 + R/100</p>

<p>⇒ 3/100 = R/100</p>

<p>⇒ R = 3%</p>
<h2 id="content-id-3208156479-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


What is the rate of compo - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-3489506721-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-5890346271-3"><b>Question On Compound Interest </b></h2>A sum of â&#130;¹7,000 deposited at compound interest becomes triple of itself after 4 years. How much will the amount be after 12 years?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-3298165407-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹49,000</p>
</li><li><p>â&#130;¹63,000</p>
</li><li><p>â&#130;¹1,89,000</p>
</li><li><p>â&#130;¹84,000</p>
</li></ol> <h2 id="content-id-0941683527-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 3</strong> i.e. <strong>â&#130;¹1,89,000.</strong></p>

<p>A sum of 27,000 deposited at compound interest becomes triple of itself after 4 years.</p>

<p>So money after 4 years = 7000 × 3 = 21000</p>

<p>interest + principal = principal (1+ rate/100)<sup>time</sup></p>

<p>⇒ 21000 = 7000  × (1 + rate/100)<sup>4</sup></p>

<p>⇒ 3 = (1 + (rate/100)<sup>4</sup></p>

<p>Now cubing both sides,</p>

<p>⇒ 3<sup>3 </sup>= [1 + (rate/100)<sup>4</sup>]<sup>3</sup></p>

<p>⇒ 27 = (1 + rate/100) <sup>(4 × 3)</sup></p>

<p>⇒ 27 = (1 + rate/100)<sup>12</sup></p>

<p>So from the above equation, we can say that after 12 years money will be 27 times itself.</p>

<p>Hence money after 12 years = 27 × 7000 = 189000</p>
<h2 id="content-id-3624081579-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A sum of 7 000 deposit - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-3974126805-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-8203146975-3"><b>Question On Compound Interest </b></h2>A person invests â&#130;¹55,000 for two years on compound interest such that the rate of interest for the first year is 8% per annum and that for the second year is 12% per annum, and the interest is compounded annually. What is the total interest earned by the person?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 39 Seconds </h3></div></div><h2 id="content-id-2819563470-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹ 11,645</p>
</li><li><p>â&#130;¹ 11,528</p>
</li><li><p>â&#130;¹ 12,386</p>
</li><li><p>â&#130;¹ 10,847</p>
</li></ol> <h2 id="content-id-5746132980-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 2</strong> i.e.<strong> â&#130;¹ 11,528</strong></p>

<p>Rate of interest for the first year is 8% per annum and that for the second year is 12% per annum</p>

<p>According to the question;</p>

<p>⇒ Compound interest = 55000 × 108/100 × 112/100 - 55000</p>

<p>⇒ 66528 - 55000 = â&#130;¹<strong> </strong>11528</p>
<h2 id="content-id-7815409632-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A person invests 55 00 - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-8461205937-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-1854279603-3"><b>Question On Compound Interest </b></h2>A sum of money amounts to â&#130;¹14,112 at the rate of 20% per annum compounded annually for 3 years. Find the sum of money.
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-8695342071-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹8,099.60</p>
</li><li><p> â&#130;¹7,167.70</p>
</li><li><p>â&#130;¹9,166.87</p>
</li><li><p>â&#130;¹8,166.67</p>
</li></ol> <h2 id="content-id-4067235189-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 4</strong> i.e. <strong>â&#130;¹8,166.67.</strong></p>

<p>Amount A = â&#130;¹14,112</p>

<p>Rate = r = 20% per annum compounded annually</p>

<p>Time = n = 3 years</p>

<p>Principal = P = ?</p>

<p>A = P(1 + r/100)<sup>n</sup></p>

<p>⇒ 14112 = P(1 + 20/100)<sup>3</sup></p>

<p>⇒ 14112 = 216P/125</p>

<p>⇒ P = 49000/6 = Rs 8,166.67</p>
<h2 id="content-id-7352806194-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A sum of money amounts to - Compound Interest Questions for Ssc Cgl

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-0486137529-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-5390476218-3"><b>Question On Compound Interest </b></h2>A sum of Rs. 2,100 is invested for 1 year at 20% per annum, interest compounded half-yearly. Find the compound interest.
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 32 Seconds </h3></div></div><h2 id="content-id-5819264073-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>Rs. 451</p>
</li><li><p>Rs. 441</p>
</li><li><p>Rs. 431</p>
</li><li><p>Rs. 421</p>
</li></ol> <h2 id="content-id-2467508931-5"><b> Compound Interest Questions Solution</b></h2><p>The Correct answer is<strong> option 2</strong> i.e.<strong> Rs. 441.</strong></p>

<p>Principal P = Rs 2100</p>

<p>Time n =  1 year = 2 (Half yearly)</p>

<p>Rate of interest r = 20% = 20/2 = 10% (Half yearly)</p>

<p>Compound interest = P{(1 + r/100)<sup>n</sup> - 1}</p>

<p>= 2100{(1 + 10/100)<sup>2</sup> - 1} = 2100{121/100 - 1}</p>

<p>= 2100 × 21/100 = Rs 441</p>
<h2 id="content-id-0329145687-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A sum of Rs 2 100 is inv - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-8037169254-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-1475082369-3"><b>Question On Compound Interest </b></h2>Jonathan had borrowed a sum of money 3 years ago at 10% interest per annum compounded annually for a 5-year period, with the amount to be paid at the end of the period being â&#130;¹1,61,051. However, there is no pre-payment penalty and Jonathan has received some bonus payment now, with which he has decided to clear his debt. How much does Jonathan have to pay now to clear his debt?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 45 Seconds </h3></div></div><h2 id="content-id-7651083942-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹1,33,000</p>
</li><li><p>â&#130;¹1,32,900</p>
</li><li><p>â&#130;¹1,21,000</p>
</li><li><p>â&#130;¹1,33,200</p>
</li></ol> <h2 id="content-id-7253169804-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is<strong> option 3</strong> i.e <strong>â&#130;¹1,21,000â&#128;&#139;â&#128;&#139;â&#128;&#139;â&#128;&#139;.</strong></p>

<p>A = P × (1 + R/100)<sup>T</sup></p>

<p>here, A = Amount, P = Principal, R = Rate, and T = Time</p>

<p>Total interest to be paid after 5 years = â&#130;¹161051</p>

<p>⇒ 161051 = P × (1 + 10/100)<sup>5</sup></p>

<p>⇒ 161051 = P × 1.61051</p>

<p>⇒ P = â&#130;¹1,00,000</p>

<p>Now interest left to be paid i.e. of the last two years</p>

<p>⇒ 100000 × (1 + 0.10)<sup>2</sup></p>

<p>⇒ 100000 × (1.10)<sup>2</sup></p>

<p>⇒ â&#130;¹1,21,000</p>
<h2 id="content-id-8147325069-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


Jonathan had borrowed a s - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-5710269384-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-8607539412-3"><b>Question On Compound Interest </b></h2>Find the compound interest on Rs 50,000 for one year at 8% per annum when compounded half yearly.
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 31 Seconds </h3></div></div><h2 id="content-id-9784023156-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>Rs 3900</p>
</li><li><p>Rs 3880</p>
</li><li><p>Rs 4080</p>
</li><li><p>Rs 3950</p>
</li></ol> <h2 id="content-id-2930651487-5"><b> Compound Interest Questions Solution</b></h2><p>Correct answer is <strong>option 3 </strong>i.e.<strong> Rs 4080.</strong></p>

<p>When the interest is compounded half yealy,</p>

<p>T = 2T and R = R/2</p>

<p>CI = P(1 + R/200)<sup>2T</sup> - P</p>

<p>Interest is compounded half yealy,</p>

<p>T = 2 and R = 8/2 = 4%</p>

<p>According to the question,</p>

<p>⇒ CI = 50000(1 + 4/100)<sup>2</sup> - 50000</p>

<p>⇒ CI = 54080 - 50000</p>

<p>⇒ CI = 4080</p>
<h2 id="content-id-2130564978-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


Find the compound interes - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-6820395471-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-1528674039-3"><b>Question On Compound Interest </b></h2>A certain amount of money was lent for a period of 1 year 9 months at a rate of 10% per annum compounded annually. If the compound interest is 1,460, find the amount of money lent.
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 35 Seconds </h3></div></div><h2 id="content-id-8345702961-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹ 8,200</p>
</li><li><p>â&#130;¹ 7,500</p>
</li><li><p>â&#130;¹ 6,000</p>
</li><li><p>â&#130;¹ 8,000</p>
</li></ol> <h2 id="content-id-2397180564-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 4 i.e. â&#130;¹8,000.</strong></p>

<p>Let the amount of money lent be 1000 units</p>

<p>Rate of interest = 10% p.a.</p>

<p>Time period (T) =  1 year 9 months</p>

<p>The compound interest = â&#130;¹1,460</p>

<p>Formula used</p>

<p>Compound interest = Principal (1 + R/100)<sup>T</sup> - Principal</p>

<p>According to the question</p>

<p>For the 1 year, rate of interest = 10%</p>

<p>So, Interest for 1 year = 1000 (1 + 10/100)<sup>1</sup> - 1000 = 1100 -1000 = 100 units</p>

<p>Now, for next 9 months, rate of interest = 9 × 10/12 = 30/4 = 7.5% p.a.</p>

<p>So, Interest for next 9 months = 1000 × 7.5/100 + 100 × 7.5/100 = 82.5 units</p>

<p>Thus, the total compound interest = 100 + 82.5 = 182.5 units</p>

<p>⇒ 182. 5 = 1460</p>

<p>⇒ 1 units = 1460/182.5 = 8</p>

<p>⇒ 1000 units = 8 × 1000 = â&#130;¹8000</p>

<p>Hence, the amount of money lent is  â&#130;¹8000</p>
<h2 id="content-id-6382940157-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-9253716048-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-2748931605-3"><b>Question On Compound Interest </b></h2>A sum of money was invested at 10% interest per year, compounded half-yearly, for 18 months. If the amount payable on maturity was â&#130;¹64,827, what was the sum invested?  
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-4567812309-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>Rs. 55,600</p>
</li><li><p>Rs. 56,000</p>
</li><li><p>Rs. 56,800</p>
</li><li><p>Rs. 56,500</p>
</li></ol> <h2 id="content-id-1523409867-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 2</strong> i.e. <strong>Rs. 56,000.</strong></p>

<p>Rate of compound interest R = 10% p.a.</p>

<p>Time = 18 months = 1.5 years</p>

<p>If the amount payable on maturity was â&#130;¹64,827</p>

<p>If compounded half-yearly,</p>

<p>The rate (R) = 10/2 = 5%</p>

<p>Time = 1.5 × 2 = 3 years</p>

<p>Formula used</p>

<p>Amount = Principal (1+ R/100)<sup>time</sup></p>

<p>⇒ 64827 = Principal (1 + 5/100)<sup>3</sup></p>

<p>⇒ 64827 = Principal (21/20)<sup>3</sup></p>

<p>⇒ Principal = 64827 × 8000/9261 = â&#130;¹56,000</p>
<h2 id="content-id-6584921073-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A sum of money was invest - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-7624851309-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-0268751943-3"><b>Question On Compound Interest </b></h2>In how many years will â&#130;¹ 40000 amounts to â&#130;¹ 46656 at the rate of 8% compound interest per annum?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 31 Seconds </h3></div></div><h2 id="content-id-1497058362-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>5</p>
</li><li><p>2</p>
</li><li><p>4</p>
</li><li><p>3</p>
</li></ol> <h2 id="content-id-5683107492-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 2 </strong>i.e. <strong>2</strong></p>

<p>Given that</p>

<p>Principal =  â&#130;¹ 40000 </p>

<p>Amount = â&#130;¹ 46656</p>

<p>The rate of 8% compound interest</p>

<p>Amount = Principal (1 + Rate/100)<sup>Time</sup></p>

<p>⇒ 46656 = 40000 (1 + 8/100)<sup>Time</sup></p>

<p>⇒ (1 + 8/100)<sup>Time</sup> = 46656/40000 = 1.1664</p>

<p>⇒ (1.08)<sup>Time </sup>= 1.1664 = 1.08<sup>2</sup></p>

<p>⇒ Time = 2 years</p>
<h2 id="content-id-6810259374-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


In how many years will - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-4602158739-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-7180429653-3"><b>Question On Compound Interest </b></h2>A sum of â&#130;¹6,500 is borrowed at 10% per annum for 2 years at compound interest. If interest is compounded half-yearly then the amount (integer values â&#128;&#139;â&#128;&#139;only).
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-0825917364-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹8,250</p>
</li><li><p>â&#130;¹7,650</p>
</li><li><p>â&#130;¹8,150</p>
</li><li><p>â&#130;¹7,900</p>
</li></ol> <h2 id="content-id-8264095731-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 4</strong> i.e. <strong>â&#130;¹7,900.</strong></p>

<p>For compounded half-yearly,</p>

<p>Rate = <span class="math-tex">\(10\over2\)</span> = 5%</p>

<p>Time = 2 × 2 = 4 years</p>

<p>Amount = P (1 + <span class="math-tex">\(R\over100\)</span>)<sup>T</sup> = 6500 (1 + <span class="math-tex">\(5\over100\)</span>)<sup>4</sup> = 6500 × (<span class="math-tex">\(21\over20\)</span>)<sup>4</sup> = â&#130;¹7900</p>
<h2 id="content-id-1937046258-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A sum of 6 500 is borr - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-5934172806-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-7104956283-3"><b>Question On Compound Interest </b></h2>What is the compound interest on Rs. 62,500 for 2 years at 8% per annum compounded yearly?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 31 Seconds </h3></div></div><h2 id="content-id-2734601598-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>Rs. 10,500</p>
</li><li><p>Rs. 10,300</p>
</li><li><p>Rs. 10,400</p>
</li><li><p>Rs. 10,600</p>
</li></ol> <h2 id="content-id-8156704329-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 3 </strong>i.e.  <strong>Rs. 10,400</strong></p>

<p>Given that</p>

<p>Principal = Rs. 62,500</p>

<p>Rate of interest = 8% per annum compounded yearly</p>

<p>Time = 2 years</p>

<p>Formula used</p>

<p>Compound interest = Principal (1 + Rate/100)<sup>Time </sup>- Principal</p>

<p>Calculation</p>

<p>C.I. = 62500 (1 + 8/100)<sup>2</sup> - 62500</p>

<p>C.I. = 62500 (27/25)<sup>2</sup> - 62500</p>

<p>C.I. = Rs. 10400</p>
<h2 id="content-id-6428715093-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


What is the compound inte - Compound Interest Questions for Ssc Cgl

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-5260437918-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-6192475803-3"><b>Question On Compound Interest </b></h2>What is the compound interest on a sum of â&#130;¹25,000 after three years at a rate of 12 percent per annum interest compounded yearly?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-6931502748-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹9,824.00</p>
</li><li><p>â&#130;¹10,520.00</p>
</li><li><p>â&#130;¹9,956.86</p>
</li><li><p>â&#130;¹10,123.20</p>
</li></ol> <h2 id="content-id-6509723841-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 4</strong> i.e. <strong>â&#130;¹10,123.20</strong>.</p>

<p>Compound interest = [25000 × 1.12 × 1.12 × 1.12] - 25000</p>

<p>= 35123.2 - 25000 = â&#130;¹10123.20</p>
<h2 id="content-id-5670249381-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


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<html><body><h2 id="content-id-3187960452-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-7569182043-3"><b>Question On Compound Interest </b></h2>A principal of Rs. 20000 is borrowed at compound interest (compounding annually) at the rate of 9 percent per annum. What will be the amount after 2 years?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-0621397548-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>Rs. 23789</p>
</li><li><p>Rs. 23762</p>
</li><li><p>Rs. 24840</p>
</li><li><p>Rs. 25500</p>
</li></ol> <h2 id="content-id-3694052871-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>Option 2</strong> i.e. <strong>Rs. 23762.</strong></p>

<p>A = P(1 + R/100)<sup>T</sup> </p>

<p>here, A = Amount, P = Principal, R = rate, and T = Time</p>

<p>⇒ A = 20000(1 + 9/100)<sup>2</sup></p>

<p>⇒ A = 20000(1 + 0.09)<sup>2</sup></p>

<p>⇒ A = 20000 × 1.1881</p>

<p>⇒ A = Rs. 23762</p>
<h2 id="content-id-8490613527-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


A principal of Rs 20000 - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-7235486091-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-0453617892-3"><b>Question On Compound Interest </b></h2>The compound interest on â&#130;¹10,000 at 20% per annum is â&#130;¹4,641. If the compounding is done half-yearly, then for how many years was the sum invested?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-9865307142-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>4</p>
</li><li><p>6</p>
</li><li><p>3</p>
</li><li><p>2</p>
</li></ol> <h2 id="content-id-4068721935-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 4</strong> i.e. <strong>2.</strong></p>

<p>C.I on 10000 at 20% per annum compounded half yearly = 4641</p>

<p>Hence the total amount = 14641</p>

<p>Amount = P (1 + <span class="math-tex">\(\frac{R/2}{100}\)</span>)<sup>2n</sup></p>

<p>⇒ 14641 = 10000(1 + 10/100)<sup>2n</sup></p>

<p>⇒ <span class="math-tex">\(\frac{121}{100}\)</span> =(<span class="math-tex">\(\frac{11}{10}\)</span>)<sup>n</sup></p>

<p>Hence n = 2</p>

<p>Hence, the sum was invested for 2 years.</p>
<h2 id="content-id-9417026583-6"><b> Compound Interest Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Compound_Interest_Questions_Tips_and_Tricks.png" alt="Compound Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Compound Interest Questions without taking any help from the solutions.</li><li>Compound Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Compound Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


The compound interest on - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-5462801397-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-0574132869-3"><b>Question On Compound Interest </b></h2>A sum of money at compound interest doubles itself in 4 years. In how many years does the sum become 8 times of itself at the same rate of interest?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-9715084236-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>10</p>
</li><li><p>15</p>
</li><li><p>12</p>
</li><li><p>8</p>
</li></ol> <h2 id="content-id-9865034271-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is<strong> Option 3</strong> i.e <strong>12</strong></p>

<p>A = P × [1 + (r/100)]<sup>T  </sup>[Where A = Amount, P = Principal, r = rate of interest, T = time period]</p>

<p>According to the question -</p>

<p>A = 2 × Principal, T = 4 years</p>

<p>⇒ A = P × [1 + (r/100)]<sup>T</sup></p>

<p>⇒ 2P = P × [1 + (r/100)]<sup>4</sup></p>

<p>⇒ 2 = [1 + (r/100)]<sup>4</sup> ...(1</p>

<p>If sum becomes 8 times in T years -</p>

<p>Then, A = 8P</p>

<p>⇒ 8P = P × [1 + (r/100)]<sup>T</sup></p>

<p>⇒ 8 = [1 + (r/100)]<sup>T</sup></p>

<p>⇒ 2<sup>3</sup> = [1 + (r/100)]<sup>T</sup> ...(2</p>

<p>From equation (1 and (2, we get -</p>

<p>⇒ {[1 + (r/100)]<sup>4</sup>}<sup>3</sup> = [1 + (r/100)]<sup>T</sup></p>

<p>⇒ [1 + (r/100)]<sup>12</sup> = [1 + (r/100)]<sup>T</sup></p>

<p>⇒ T = 12 years</p>
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A sum of money at compoun - Compound Interest Questions for Ssc Cgl

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<html><body><h2 id="content-id-1074659832-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-3519420786-3"><b>Question On Compound Interest </b></h2>Compound Interest and Simple Interest on a certain sum of money for 2 years are â&#130;¹282.15 and â&#130;¹270, respectively. The rate of interest is:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-6375084219-4"><b> Compound Interest Questions Options</b></h2><ol><li><p><span class="math-tex">\(6\frac{2}{3}\)</span>%</p>
</li><li><p><span class="math-tex">\(8\frac{1}{3}\)</span>%</p>
</li><li><p>9%</p>
</li><li><p>11%</p>
</li></ol> <h2 id="content-id-2358710964-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>Option</strong> <strong>3</strong> i.e. <strong>9%</strong>.</p>

<p>Let the rate of interest = R</p>

<p>SI for 2 years = 270</p>

<p>CI for 2 years = 282.15</p>

<p>1st year = 135</p>

<p>2nd year = 282.15 - 135 = 147.15</p>

<p>Difference = 147.15 - 135 = 12.15</p>

<p>So,</p>

<p>⇒ 135 × <span class="math-tex">\(R\over100\)</span> = 12.15</p>

<p>⇒ R = 9%</p>
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