TNPSC Compound Interest Questions and Answers PDF:

Aptitude and Mental Ability questions are more important for the TNPSC Group 1, 2, 2a, and 4 Examination. You will get 25 marks from that Aptitude and Mental Ability portion. Students who are preparing for the TNPSC Group 1, 2, 2a, and 4 exams concentrate more on the Maths – Compound Interest Questions and Answers part. you will easily score more marks in the Mental Ability part.

For students’ benefit, we upload aptitude and mental ability English and Tamil questions and answers in PDF for download. Go through TNPSC Aptitude Shortcuts in order to save time in the prelim exam. kindly download TNPSC Maths PDF given below:

The TNPSC Maths – Compound Interest sums questions and answers are provided along with the PDF on this page. TNPSC Group 1, 2, 2a, and 4 aptitude study material in English and Tamil PDF available with question answers. Also, see Aptitude Shortcuts so that you will clear/solve question answers easily. TNPSC maths questions and answers in Tamil and English PDF have given below:

For the TNPSC Compound Interest Questions and Answers PDF, check the link – TNPSC Maths Compound Interest PDF

To see the complete TNPSC Maths Syllabus and Study Materials, check the link – TNPSC Maths Syllabus and Study Materials

For Compound Interest (CI) MCQ answers see below,

TNPSC Maths Compound Interest Problem Question with Solutions

1.) Find the difference between simple interest and compound interest on Rs.6,400 for 2 years at 6 ¼% p. a. compounded annually. (in Rs)

a) 25  b) 15  c) 45  d) 35

2.) Find the rate percent per annum, if Rs.2,000 amount to Rs.2,315.25 in a year and a half, with interest being compounded half-yearly.

a) 10%  b) 15%  c) 20%  d) 8%

3.) Arun deposited Rs.4,000 in a bank for 3 years at an interest of 15% per annum. What is the compound interest that Arun will get after 3 years?

a) `1083.50  b) `2083.50  c) `2183.50  d) `2483.50

4.) A sum of money placed at compound interest doubles itself in 5 years. It__ will amount to eight times itself at the same rate of interest in (in years)

a) 7  b) 10  c) 15  d) 20

5.) Find the difference between Simple Interest and Compound Interest for a sum of Rs.8,000 lent at 10% p. a. in 2 years. (in Rs)

a) 70  b) 60  c) 80  d) 50

6.) At what rate per annum will Rs.640 amount to Rs.774.40 in 2 years, when interest is being compounded annually?

a) 15%  b) 10%  c) 20%  d) 25%

7. Find the compound interest (reckoned yearly) on Rs. 2000 at 12% per annum for 1 ¼ year.

a) `307  b) `307.20 c) `320.7  d) `300




8.) The difference between C. I. and S. I. for 2 years on a sum of money lent at 5% p.a. is Rs.5. Find the sum of money lent. (in Rs)

a) 1500  b) 2000 c) 2500  d) 3000

9.) A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself? (In years)

a) 10  b) 11  c) 12  d) 9

10.) The difference between simple interest and compound interest on Rs.1200 for one year at 10% per annum reckoned half-yearly is :

a)`2.50  b) `3   c) ` 3.75 d) ` 4  e) None of these

Answers:

1. A
2. A
3. B
4. C
5. C
6. B
7. B
8. B
9. C
10. B

For TNPSC Group Exam Simple Interest Questions with solutions check the link – TNPSC Simple Interest Question and Answers.