Compound Interest (Railway Maths) (Part – I)

Total Questions: 50

41. What will be the total amount payable on a sum of ₹12,500 after two years at the rate of 10% per annum if the interest is compounded annually? [Group D 16/09/2022 (Morning)]

Correct Answer: (c) ₹15,125
Solution:

42. Manish deposited a certain sum of money at 5% rate of interest per annum, compounded annually. At the end of 3 years, Manish received a total amount of ₹92,610. What was the sum of money deposited by Manish? [Group D 16/09/2022 (Afternoon)]

Correct Answer: (b) ₹80,000
Solution:

43. ₹3,903 is divided between A and B, so that A's share at the end of 7 years will be equal to B's share at the end of 9 years, with interest being compounded annually at the rate of 4% per annum. The share of A is: [Group D 20/09/2022 (Morning)]

Correct Answer: (c) ₹2,028
Solution:

44. A sum is borrowed for two years at the rate of 5% compound interest per annum, compounded annually. If it is paid back in two equal annual instalments of ₹882, then the sum borrowed is: [Group D 20/09/2022 (Afternoon)]

Correct Answer: (c) ₹1,640
Solution:

45. What will ₹80,000 amount to in one year at 12% per annum, if the interest is compounded half - yearly ? [Group D 22/09/2022 (Evening) ]

Correct Answer: (d) ₹89,888
Solution:

46. If a sum of ₹80,000 is invested for a year at 4% per annum compounded half yearly, then find the compound interest. [Group D 26/09/2022 (Afternoon)]

Correct Answer: (a) ₹3,232
Solution:

47. A sum of ₹10,000 amounts to ₹11,025 in 2 years at a certain rate of interest per annum, compounded annually. The rate of interest per annum is: [Group D 26/09/2022 (Evening)]

Correct Answer: (c) 5%
Solution:

48. What annual equal payment (in ₹) will discharge a debt of ₹28,700 due in 2 years at 5% p.a. interest compounded annually? [Group D 29/09/2022 (Morning)]

Correct Answer: (b) 15,435
Solution:

49. Find the answer of given question? [Group D 30/09/2022 (Evening) ]

Correct Answer: (a) 7,800
Solution:

50. A sum of money triples itself at a certain rate of compound interest in 10 years. In how many years will it amount to 9 times of itself ? [Group D 06/10/2022 (Morning) ]

Correct Answer: (b) 20 years
Solution: