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Q.No.1

In compound interest, what happens if time increases?

Q.No.2

What is the amount after 3 years on a principal of Rs. 2000 at a 15% annual interest rate?

Q.No.3

If the principal is Rs. 5000, the interest rate is 6%, and the time period is 5 years, what will be the compound interest?

Q.No.4

What does the 'r' represent in the compound interest formula?

Q.No.5

The formula for compound interest is used when interest is calculated?

Q.No.6

The compound interest on a sum of Rs. 1200 for 2 years at 10% per annum is Rs. 240. What is the total amount?

Q.No.7

What is the principal in the formula for compound interest?

Q.No.8

What is the formula for calculating compound amount?

Q.No.9

If Rs. 3000 is invested at 8% compound interest annually, what will be the total amount after 3 years?

Q.No.10

What is the effect of increasing the time period on compound interest?


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Compound Interest is the interest calculated on both the initial principal and the accumulated interest from previous period.

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