Compond Interest & Simple Interest

INSTALLMENT Based Questions By Rahul Deshwal

1. Rs. 848 4%

If payment of Rs. 848 after 4 years is to be paid in equal annual installments, if the rate of interest is 4% per
annum then each installment will be of _______________rupees.

(a) 200 (b) 300

(c) 400 (d) 500

2. Rs. 6450 5%

If payment of Rs. 6450 after 4 years is to be paid in equal annual installments, if the rate of interest is 5% per
annum then each installment will be of _______________rupees.

(a) 1500 (b) 1600

(c) 1700 (d) 1800

3. Rs. 4800 10%

If payment of Rs. 4800 after 5 years is to be paid in equal annual installments, if the rate of interest is 10% per
annum then each installment will be of _______________rupees.

(a)800 (b) 600

(c) 400 (d) 700

4. Rs. 1740 8%

If payment of Rs. 1740 after 5 years is to be paid in equal annual installments, if the rate of interest is 8% per
annum then each installment will be of _______________rupees.

(a) 800 (b) 300

(c) 400 (d) 200

 Compond Interest & Simple Interest
INSTALLMENT Based Questions By Rahul Deshwal

5. Rs. 21000
10%

Kamal lends a sum of Rs. 21000 whose interest is paid in 2 annual instalments. If the compound interest is 10% per
annum. Find the value of each instalment.

(a) 12100 (b) 12200

(c) 14400 (d) 14500

6. Rs. 5300
12%

Kamal lends a sum of Rs. 5300 from a bank and promise to pay the amount in 2 annual equal instalments at the
rate of 12% per annum. Find the value of each instalment.

(a) 3132 (b) 3136

(c) 3134 (d) 3135

7. Rs. 5150
6%

Kamal lends a sum of Rs. 5150 from a bank whose interest is paid in 2 annual equal instalments at the rate of 6%
per annum. Find the value of each instalment.

(a) 2806 (b) 2809

(c) 2807 (d) 2808

8. Rs. 13000
8%

A man borrowed a sum of Rs. 13000 from a bank and whose interest is paid in 2 annual equal instalments at the
rate of 8% per annum. Find the value of each instalment.

(a) 7280 (b) 7290

(c) 5120 (d) 5130

 Compond Interest & Simple Interest
INSTALLMENT Based Questions By Rahul Deshwal
9. 5% Rs. 882

A man lends some money at 5% compound interest and paid two equal instalments of 882. Find the principal
amount.

(a) 1240 (b) 1640

(c) 1440 (d) 1740

10. 10% Rs. 968

A man lends some money at 10% compound interest and paid two equal instalments of 968. Find the principal
amount.

(a) 1580 (b) 1780

(c) 1680 (d) 1880

11. Rs. 5000, 20% Rs. 2000

A man borrowed a sum of Rs. 5000 from bank at 20% per annum. He pays back Rs. 2000 at the end of each year.
Calculate how much amount he will pay at the end of 3rd year to clear all his dues.

(a) 1360 (b) 1460(c) 1560 (d) 1660