1. Find the Compound Interest on Rs. 17825 at 10% per annum for 2 years, compounded annually.
- A3392.83
- B3743.25
- C3738.25
- D3366.15
Show answer
Answer: B
CI = P(1+R/100)^T - P = 17825(1+10/100)^2 - 17825 = Rs. 3743.25.
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Compound Interest — Railway Questions & Practice
Practise 149 Compound Interest questions from Railway for competitive exams such as UPSC, Banking, SSC and Railway. Read the worked questions below, check every answer with an explanation, and track what you get wrong.
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Practice questions on Compound Interest — with answers
Try each question first, then open the answer. Explanations are included.
2. Find the Compound Interest on Rs. 7128 at 12% per annum for 1 years, compounded annually.
- A855.36
- B818
- C856.36
- D845.36
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Answer: A
CI = P(1+R/100)^T - P = 7128(1+12/100)^1 - 7128 = Rs. 855.36.
3. Find the Compound Interest on Rs. 9932 at 12% per annum for 1 years, compounded annually.
- A1080.8
- B1191.84
- C1344.88
- D1030.63
Show answer
Answer: B
CI = P(1+R/100)^T - P = 9932(1+12/100)^1 - 9932 = Rs. 1191.84.
4. Find the Compound Interest on Rs. 9157 at 5% per annum for 1 years, compounded annually.
- A425.73
- B403.05
- C477.85
- D457.85
Show answer
Answer: D
CI = P(1+R/100)^T - P = 9157(1+5/100)^1 - 9157 = Rs. 457.85.
5. Find the Compound Interest on Rs. 17225 at 10% per annum for 1 years, compounded annually.
- A1747.5
- B1870.15
- C1465.73
- D1722.5
Show answer
Answer: D
CI = P(1+R/100)^T - P = 17225(1+10/100)^1 - 17225 = Rs. 1722.5.
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