CI for a part year (years and months), compounded annually: interest or principal
This type of question, asked 4 times: 12 Sep 2025 S2, 13 Sep 2025 S2, 14 Sep 2025 S1, 15 Sep 2025 S3. All 4 questions below, oldest first.
Try each one first, then open its answer.
Question 1
12 Sep 2025 S2
59Find the compound interest on ₹8,000 at per annum for 3 years 4 months, compounded annually.Tap an option to check your answer.
Question 2
13 Sep 2025 S2
60The compound interest on a sum at p.a. for years, compounded yearly, is ₹2 862. Find the principal.Tap an option to check your answer.
Question 3
14 Sep 2025 S1
59Find the compound interest on ₹10,000 at per annum for 2 years 6 months, compounded annually.Tap an option to check your answer.
Question 4
15 Sep 2025 S3
59Find the compound interest on ₹7,000 at 9% p.a. for 1 year 8 months, compounded annually.Tap an option to check your answer.