Actual CHSL questions on this topic from past papers, newest first. Each links back to its paper.
A sum of money is invested at a rate of compounded interest that is paid out yearly. In the first two years, the interest was ₹400 and ₹420 respectively.The sum is:
Answer: C
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If the compound interest on a principal for one year is ₹350 and the compound interest for the second year is ₹420, find the rate of interest.
Answer: B
We know, compound interest for each year increases by r%.
∴ 420 is r% more than 350
⇒ r = (420 - 350)/350 × 100% = 70/350 × 100% = 20%
Hence, option (b).
Find the compound interest on ₹35,000 in 2 years at 6% per annum, the interest being compounded half-yearly (nearest to a ₹):
Answer: C
Amount due after 2 years = 35000 = Rs. 39,393.
∴ Interest = 39,393 - 35,000 = Rs. 4,393.
Hence, option (c).
Ramesh bought a house for ₹2,00,000. At the end of the first year, he sold it at a loss of 10% on his investment. He invested the money thus obtained at a rate of 20% p.a. interest compounded aunually for 2 years. The value of this investment would amount to ___________.
Answer: A
A written solution for this question isn't available yet.
On a certain sum, the difference between the compound interest, compounded annually, and the simple interest at 10% per annum for 3 years is ₹93. The sum is:
Answer: B
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A sum of money amounts to ₹4,624 in 2 years and to ₹4,913 in 3 years at a certain rate of interest, when interest is compounded per annum. The sum is _______.
Answer: D
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The value of a residential flat constructed at a cost of ₹10,00,000 is depreciating at a rate of 10% per annum. What will be its value 3 years after the construction
Answer: B
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What will be the present value of ₹90,774 due 2 years hence, when the interest is compounded at 23% per annum?
Answer: A
A written solution for this question isn't available yet.
A certain sum is invested at 26% p.a, interest compounded annually. In how many years (approx) will it double?
Answer: B
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A loan of ₹8,925 is to be paid back in two equal half-yearly installments. How much is each installment if the interest is compounded half-yearly at 8% per annum?
Answer: B
A written solution for this question isn't available yet.
The population of a city increases 5% annually in compounded manner (yearly compounding). The present population of this city is 93051. The population of this city 2 years ago was:
Answer: A
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Find the compound interest on ₹40,000 after 2 years 6 months at 20% per annum, if the interest is compounded half-yearly.
Answer: C
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The value of a machine depreciates every year by 10%. If its present value is ₹35,000, then the value of the machine after 2 years will be:
Answer: A
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A loan is to be repaid in two equal yearly installments. If the rate of interest is 10% per annum, compounded annually, and each installment is ₹6,897, then find the total interest charged.
Answer: B
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The difference between the compound interest and the simple interest on a given principal is ₹1,725 in 2 years and the rate of interest in both cases is 25% per annum, and in the case when interest is compunded, it is compounded annually. Find the principal.
Answer: D
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The population of a town is 80,000. It decreases by 8% in the first year and increases by 5% in the second year. What will be the population of the town at the end of 2 years?
Answer: C
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The difference between the simple interest and compound interest on ₹1,000 for 1 year at 20% per annum, compounded half yearly, is:
Answer: C
A written solution for this question isn't available yet.
Find the compound interest on ₹5,50,000 at 7% per annum for 2 years, compounded annually.
Answer: A
Interest for 1st year = 7% of 5,50,000 = 38,500
Interest for 2nd year = 7% more than 38,500 = 41,195
∴ Total interest for 2 years = 41,195 + 38,500 = 79,695
Hence, option (a).
A sum of ₹5,000 was deposited for 3 years at 10% per annum, compounded annually. The difference between the interest for 2 years and that for 3 years is:
Answer: B
Interest for 2 years = 5,000 - 5000 = 6050 - 5000 = Rs. 1,050
Interest for 3 years = 5,000 - 5000 = 6655 - 5000 = Rs. 1,655
Difference in interest for 3 years and 2 years = 1655 - 1050 = Rs. 605
Hence, option (b).
On a sum of money, when invested for 2 years, compound interest and simple interest are ₹300 and ₹250, respectively. For both simple and compound interests the rate of interest per annum is the same, and for compound interest, interest is compounded annually. Find the rate of interest per annum.
Answer: C
Let the rate of interest be r% p.a.
Simple interest for 2 years = Rs. 250, hence simple interest every year = Rs. 125
Compound interset for 1st year will be same as Simple intrest for 1st year = Rs. 125
Compound interset for 2nd year = 300 - 125 = Rs. 175.
We know, compound interest for each year increases by r%.
∴ r% = (175 - 125)/125 × 100% = 40% p.a.
Hence, option (c).
In what time will ₹3,90,625 amount to ₹4,56,976 at 8 % per annum, interest being compounded half-yearly?
Answer: A
A written solution for this question isn't available yet.
Find the compound interest on ₹1,60,000 at 10% per annum for 2 years if the interest is compounded half-yearly.
Answer: B
A written solution for this question isn't available yet.
Find the principal amount if the interest compounded annually at the rate of 10% for two years is ₹4,200.
Answer: B
A written solution for this question isn't available yet.
"The difference between the CI and the SI on a sum of money lent for 2 years at 20% interest per annum is ₹ 80. The sum is:"
Answer: B
A written solution for this question isn't available yet.
What will be the present value of ₹ 484 due in 2 years at 10% per annum compound interest?
Answer: B
A written solution for this question isn't available yet.