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Commercial Mathematics

Each subtopic includes About section, revision page link, 10 preview questions, and practice CTAs.

Compound Interest (without using formula)

Subtopic

Compound Interest (without using formula) under Commercial Mathematics for Grade 9 ICSE.

About Topic & Revision

Preview questions (no answers)

  1. 1.

    The principal for the first year is 600₹600 and the rate is 10%10\% per annum. What is the interest for the second year?

    A.

    60₹60

    B.

    66₹66

    C.

    70₹70

    D.

    126₹126

  2. 2.

    If 4,000₹4,000 is lent at 5%5\% compound interest, what is the principal for the second year?

    A.

    4,050₹4,050

    B.

    4,200₹4,200

    C.

    4,100₹4,100

    D.

    4,400₹4,400

  3. 3.

    Amount after one year on a principal of 2,500₹2,500 at 6%6\% per annum interest compounded annually is:

    A.

    2,650₹2,650

    B.

    2,600₹2,600

    C.

    2,700₹2,700

    D.

    2,560₹2,560

Download the worksheet for Commercial Mathematics - Compound Interest (without using formula) to practice offline. It includes additional chapter-level practice questions.

Compound Interest (using formula)

Subtopic

Compound Interest (using formula) under Commercial Mathematics for Grade 9 ICSE.

About Topic & Revision

Preview questions (no answers)

  1. 1.

    Determine the compound interest on 4,500\text{₹}4,500 for 22 years at 2%2\% per annum compounded annually.

    A.

    180\text{₹}180

    B.

    181.80\text{₹}181.80

    C.

    185\text{₹}185

    D.

    190\text{₹}190

  2. 2.

    Calculate the compound interest on 2,000\text{₹}2,000 for 22 years at 4%4\% per annum compounded annually.

    A.

    160\text{₹}160

    B.

    163.20\text{₹}163.20

    C.

    165\text{₹}165

    D.

    170.50\text{₹}170.50

  3. 3.

    If interest is compounded half-yearly at 12%12\% per annum, find the amount on 5,000\text{₹}5,000 for 11 year.

    A.

    5,618\text{₹}5,618

    B.

    5,600\text{₹}5,600

    C.

    5,630\text{₹}5,630

    D.

    5,550\text{₹}5,550

Download the worksheet for Commercial Mathematics - Compound Interest (using formula) to practice offline. It includes additional chapter-level practice questions.

Commercial Mathematics - Class 9 Maths (ICSE) | Krit.club