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Best of luck!!  GMAT Practice Test - Math - Compound Interest Facts  Average Score for this quiz: 9%  No of times this quiz has been taken: 20  No of people passing this quiz: 0  No of people failing this quiz: 20  Maximum score for this quiz: 34% Coverage : The GMAT Practice Test - Math - Compound Interest has been designed to test the important concepts related to compound interest. The test covers important topics like determining compound interest annually or half-yearly on certain amount, computing simple interest, etc. 1.  What will be the compound interest on Rs. 8000 at 6% per annum for 3 years, compounded annually? a. 1080.19 b. 1088 c. 1528.13 d. 4686   2.  What will be the compound interest on Rs. 5000 at 2% per annum for 2 years, compounded annually? a. 12.03 b. 202 c. 898 d. 135   3.  What will be the compound interest on Rs. 6400 at 4% per annum for 1 year, compounded annually? a. 256 b. 385 c. 1056 d. 463   4.  What will be the compound interest on Rs. 7500 at 6% per annum for 2 years, compounded annually? a. 120 b. 230 c. 927 d. 358   5.  What will be the compound interest on Rs. 2500 at 16% per annum for 2 years 3 monthts, compounded annually? a. 568 b. 162.13 c. 469.27 d. 998.56   6.  What will be the compound interest on Rs. 2000 at 12% per annum for 1 year 4 months, compounded annually? a. 329.6 b. 239.8 c. 227 d. 118   7.  What will be the compound interest on Rs. 3600 at 4% per annum for 2 year 6 months, compounded annually? a. 326 b. 115.8 c. 371.64 d. 816   8.  What will be the compound interest on Rs. 7500 at 12% per annum for 1 year 4 months, compounded annually? a. 1236 b. 1198 c. 1133 d. 4677   9.  What will be the compound interest on Rs. 8000 at 6% per annum for 2 year, the interest being compounded half-yearly? a. 1329.6 b. 1005 c. 1004.07 d. 1008   10.  What will be the compound interest on Rs. 6500 at 4% per annum for 1 year, the interest being compounded half-yearly? a. 109.5 b. 102 c. 262.6 d. 108   11.  What will be the compound interest on Rs. 7500 at 8% per annum for 1 year, the interest being compounded half-yearly? a. 296 b. 136 c. 147 d. 612   12.  What will be the compound interest on Rs. 5000 at 4% per annum for 2 year, the interest being compounded half-yearly? a. 1296.5 b. 412.16 c. 2531 d. 9407   13.  What will be the compound interest on Rs. 2500 at 12% per annum for 6 months, compounded quarterly? a. 1529.6 b. 468.5 c. 681.02 d. 152.25   14.  What will be the compound interest on Rs. 4400 at 16% per annum for 9 months, compounded quarterly? a. 549.40 b. 563.6 c. 164.67 d. 546.12   15.  What will be the compound interest on Rs. 6000 at 8% per annum for 3 months, compounded quarterly? a. 235 b. 350 c. 120 d. 665   16.  What will be the compound interest on Rs. 7800 at 20% per annum for 6 months, compounded quarterly? a. 799.5 b. 165.6 c. 568.3 d. 289.3   17.  Find out the compound interest on the same sum for the same period at the same rate, if the simple interest on a sum of money at 3% p.a. for 2 years is Rs. 1500. a. 785.5 b. 967.6 c. 1522.5 d. 1199.6   18.  Find out the compound interest on the same sum for the same period at the same rate, if the simple interest on a sum of money at 4% p.a. for 3 years is Rs. 600. a. 785.5 b. 967.6 c. 4564.5 d. 624.32   19.  Find out the compound interest on the same sum for the same period at the same rate, if the simple interest on a sum of money at 2% p.a. for 1 year is Rs. 875. a. 515 b. 676 c. 875 d. 741   20.  Find out the compound interest on the same sum for the same period at the same rate, if the simple interest on a sum of money at 5% p.a. for 2 years is Rs. 1000. a. 4855 b. 1025 c. 1564 d. 1916   21.  Find out in what time, will Rs. 15625 become Rs. 21952 at 12% p.a. compounded annually. a. 5 b. 6 c. 3 d. 1   22.  Find out in what time, will Rs. 32 become Rs. 243 at 50% p.a. compounded annually. a. 2 b. 5 c. 9 d. 3   23.  Find out in what time, will Rs. 1000 become Rs. 1331 at 10% p.a. compounded annually. a. 4 b. 6 c. 3 d. 10   24.  Find out in what time, will Rs. 625 become Rs. 729 at 8% p.a. compounded annually. a. 10 b. 3 c. 5 d. 2   25.  Find out in what time, will Rs. 256 become Rs. 625 at 25% p.a. compounded annually. a. 4 b. 6 c. 7 d. 3   26.  Find out in what time, will Rs. 125 become Rs. 216 at 20% p.a. compounded annually. a. 6 b. 3 c. 1 d. 2   27.  Find the sum, if the difference between the compound interest and simple interest on a certain sum at 5 % p.a. for 2 years is Rs. 240. a. 1000 b. 65000 c. 10000 d. 96000   28.  Find the sum, if the difference between the compound interest and simple interest on a certain sum at 10 % p.a. for 3 years is Rs. 186. a. 3000 b. 6000 c. 8000 d. 7600   29.  Find the sum, if the difference between the compound interest and simple interest on a certain sum at 20 % p.a. for 2 years is Rs. 500. a. 65000 b. 51000 c. 84000 d. 12500   30.  Find the sum, if the difference between the compound interest and simple interest on a certain sum at 50 % p.a. for 4 years is Rs. 2344. a. 652 b. 640 c. 500 d. 684   31.  Find out the principal that amounts to Rs. 4800 in 2 years at 25/6% p.a. compound interest compounded annually. a. 4556324 b. 9885.53 c. 4685.06 d. 4423.68   32.  Find out the principal that amounts to Rs. 2386 in 3 years at 25/4% p.a. compound interest compounded annually. a. 1984.22 b. 2656.35 c. 8545.36 d. 2316.80   33.  Find out the principal that amounts to Rs. 5500 in 4 years at 20% p.a. compound interest compounded annually. a. 145.424 b. 16546.53 c. 1465.06 d. 2652.40   34.  Find out the principal that amounts to Rs. 2466 in 2 years at 50% p.a. compound interest compounded annually. a. 1024 b. 1096 c. 32606 d. 55668   35.  Find out the present worth of Rs. 550 due in 2 years at 2% p.a. compound interest. a. 214.002 b. 416.86 c. 572.22 d. 440.69   36.  Find out the present worth of Rs. 720 due in 3 years at 4% p.a. compound interest. a. 640.08 b. 1096 c. 32606 d. 55668   37.  Find out the present worth of Rs. 475 due in 2 years at 5% p.a. compound interest. a. 430.84 b. 146.26 c. 6868.3 d. 1686.5   38.  Find out the present worth of Rs. 1331 due in 3 years at 10% p.a. compound interest. a. 1013 b. 1000 c. 1565 d. 356.68   39.  Find out the effective annual rate of interest corresponding to a nominal rate of 2% p.a. payable half yearly. a. 4.67% b. 9.88% c. 2.51% d. 2.01%   40.  Find out the effective annual rate of interest corresponding to a nominal rate of 20% p.a. payable half yearly. a. 10% b. 21% c. 15% d. 6%   41.  Find out the effective annual rate of interest corresponding to a nominal rate of 4% p.a. payable half yearly. a. 4.04% b. 0.31% c. 36.8% d. 25.6%   42.  Find out the effective annual rate of interest corresponding to a nominal rate of 6% p.a. payable half yearly. a. 4.01% b. 0.9% c. 6.09% d. 56.6%   43.  Find out the effective annual rate of interest corresponding to a nominal rate of 8% p.a. payable half yearly. a. 21.01% b. 8.16% c. 25.5% d. 9.86%   44.  Find out the effective annual rate of interest corresponding to a nominal rate of 12% p.a. payable half yearly. a. 25.44% b. 25.21% c. 96.51% d. 3.66%   45.  Find out the rate of interest per annum if a sum of money invested at compound interest, amounts to Rs. 500 in 2 years and to Rs. 520 in 3 years. a. 5% b. 1% c. 4% d. 6%   46.  Find out the rate of interest per annum if a sum of money invested at compound interest, amounts to Rs. 240 in 3 years and to Rs. 258 in 4 years. a. 8% b. 7.5% c. 6% d. 1.4%   47.  Find out the rate of interest per annum if a sum of money invested at compound interest, amounts to Rs. 375 in 4 years and to Rs. 390 in 5 years. a. 1% b. 10% c. 9% d. 4%   48.  Find out the rate of interest per annum if a sum of money invested at compound interest, amounts to Rs. 440 in 2 years and to Rs. 460 in 3 years. a. 4.6% b. 4.9% c. 1.65% d. 1.56%   49.  Find out the rate of interest per annum if a sum of money invested at compound interest, amounts to Rs. 600 in 4 years and to Rs. 618 in 5 years. a. 78% b. 45% c. 9% d. 3%   50.  Find out the rate of interest per annum if a sum of money invested at compound interest, amounts to Rs. 800 in 2 years and to Rs. 840 in 3 years. a. 15% b. 7% c. 5% d. 3%   Think you know more about this quiz!   Please enter your Name and what you would like to tell everyone about GMAT Practice Test - Math - Compound Interest  Name: Think you know more 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