Compound Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)

This is a Practice/Aptitude questions and answers section on Compound interest with various interviews, competitive examinations, and entrance tests. Compound interest Aptitude Multiple Choice Questions are often asked in the Quantitative Aptitude. By practicing the Compound interest Quiz Online Test Question and Answers, aspirants can easily attempt the various competitive exams like -

• SBI Clerk, 
• SSC CGL, 
• IBPS PO, 
• Railways RRB NTPC, 
• CAT, etc. 

So, let’s try Compound interest MCQ to test our performance and capability on this particular topic. Here is the latest Compound interest Practice/Aptitude Online Test which is useful for upcoming exams. This Compound interest MCQ quiz contains essential questions which match the pattern of various exams, so make sure to attempt the Compound interest Practice/Aptitude Online Test and check your preparation level.

Compound interest Aptitude Questions

The topics that are covered in Compound interest Practice/Aptitude Questions –

• Principal. 
• Rate of Interest
• Number of Years
• Interest Compounded Yearly
• Interest Compounded Half-Yearly
• Interest Compounded Quarterly

This Compound interest Quiz Questions will test you on all the provided topics. Moreover, read the question carefully and then mark the correct answer. Along with the listed topics need to practice more and more mock test papers to enhance the better result.

Some important Compound interest Formulae

Compound Interest basic terms A = Amount

• P = Principal
• R = Rate of Interest
• N = Number of Years

1. Interest Compounded Yearly

Amount (A) = Principal (P) X ( 1 + Rate of Interest (R) / 100 )Number of Years (N)

2. Interest Compounded Half-Yearly

Amount (A) = Principal (P) X [ 1 + Rate of Interest (R) / 2 / 100 ]2 X Number of Years (N)

(or) Principal (P) = [ 1 + Rate of Interest (R) / 200 ] 2 X Number of Years (N)

3. Interest Compounded Quarterly

Amount (A) = Principal (P) X [ 1 + Rate of Interest (R) / 4 / 100 ]

(or) Principal (P) [ 1 + Rate of Interest (R) / 400 ] 4 X Number of Years (N)

Compound interest MCQ Quiz 

To make it easy for our fellow aspirants, we have compiled all the study materials in one place, as we all know it is really hard to find all the study materials in a single place. Aspirants can take the Compound interest practice/aptitude quiz and can test their knowledge on time and distance topics.  So visit our site tutorialslink.com for more such quizzes.