**Q1.** After how many years will Rs. 1600 become Rs. 2025 at 12.5% per annum compound interest?

A. 2 years |
B. 2.5 years |

C. 3 years |
D. 4 years |

**Q2.** Ramesh borrowed some money from Suresh at 5% per annum compound interest and paid Rs. 882 each in two annual instalments. What was the sum borrowed?

A. Rs. 1620 |
B. Rs. 1680 |

C. Rs. 1650 |
D. Rs. 1640 |

**Q3.** What sum will become Rs. 9261 at 5% per annum compound interest after 3 years?

A. Rs. 9000 |
B. Rs. 8000 |

C. Rs. 6000 |
D. Rs. 7000 |

**Q4.** At what rate of compound interest will Rs. 20000 becomes Rs. 24200 after 2 years?

A. 8.5% |
B. 9% |

C. 9.5% |
D. 10% |

**Q5.** The difference between compound interest and simple interest for 2 years at 10% per annum is Rs. 50. Find the sum

A. Rs. 5300 |
B. Rs. 4900 |

C. Rs. 5000 |
D. Rs. 5200 |

**Q6.** The population of a town is 80000. If the population increases annually at the rate of 75 per 1000, find the population of this town after 2 years?

A. 92450 |
B. 90000 |

C. 91253 |
D. 93684 |

**Q7.** The value of a car depreciates by 10% annually. If the present value of the car is Rs. 1,00,000, what will be its value after 2 years?

A. Rs. 80000 |
B. Rs. 81000 |

C. Rs. 84300 |
D. Rs. 84000 |