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Mathematics Standard 8 Question Paper

Mathematics Standard 8

Course:Primary Level

Exam Year:2005

MATHEMATICS STANDARD EIGHT
K.C.P.E REVISION QUESTIONS.

TOPIC: COMPOUND INTEREST

1. Jane deposited sh. 2000 in a bank that paid compound interest at the rate of 12% p.a. How much money was in her account at the end of two years?

2. Asha was given a loan of sh. 48,000. She repaid the loan after two years with compound interest at the rate of 25% per annum. How much money did she pay altogether?

3. Aziz deposited sh. 12,000 in a bank which paid compound interest at the rate of 10% per annum. If he withdrew all the interest that had been earned during the first two years, how much money did he withdrew?

4. Chebii deposited sh. 2,000 in a bank which paid compound interest at the rate of 15% per annum. What was the total amount in the bank at the end of two years?

5. Njoroge deposited sh. 5,000 in a bank which paid compound interest at the rate of 16% per annum. How much interest had his money earned at the end of 2 years?

6. Korir deposited sh. 2000 in a bank which paid compound interest at the rate of 20% per annum. If Korir withdrew all his money at the end of 1 1/2 years, how much money did he withdraw?

7. A businesslady deposited sh. 10,000 in a bank which paid compound interest at the rate of 10% per annum. At the end of one year, she withdrew sh. 4,000. What was the amount she had in the bank at the end of the second year?

8. A money lender charges compound interest at the rate of 25 % per month. He lent out sh. 3,000 and was repaid all the money plus interest after two months. How much money did he get altogether?

9. Suleiman deposited sh. 2,000 in a bank which have a compound interest at the rate of 10% per annum. At the end of 1 1/2 years, he withdrew all his money. How much did he withdraw?

10. Njuguna deposited sh. 500 in a bank which paid compound interest at the rate of 15% per annum. What was the total interest for the two years?

11. Maria agreed to loan Luvisia sh. 10,000 at a compound interest of 15% per annum. How much money altogether did Luvisia pay Maria after two years?

12. Onyacha deposited sh. 1,000 in bank which pays compound interest at the rate of 10% per annum. Onyacha collected all his money at the end of two years. What was the total interest earned?

Mathematics Standard 8 Question Paper

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