Simple Interest
Trending Questions
Q. What is the difference between the simple inter on a principal of Rs. 500 being calculated at 5% annum for 3 years and 4% per annum for 4 year
- Rs. 5
- Rs. 10
- Rs. 20
- Rs. 40
Q. Rs. 1200 is lent out 5% per annum simple interest for 3 years. Find the amount after 3 years.
- Rs. 1380
- Rs. 1290
- Rs. 1470
- Rs. 1200
Q. Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3% , It would amount to how much.
- Rs. 992
- Rs. 1056
- Rs. 1112
- Rs. 1182
Q. A sum of money at simple interest amount to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount?
- Rs. 1520
- Rs. 1880
- Rs. 2120
- None
Q. The rate at which a sum becomes four times of itself in 15 years at S.I. will be:
- 15%
- 1712%
- 20%
- 25%
Q. A sum of money becomes 7/4 of itself in 6 years a certain rate a simple interest. Find the rate of interest.
- 12%
- 12.5%
- 8%
- 12%
Q. Ajay borrows Rs.1500 from two money-lenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12%?
- Rs. 1200
- Rs. 1300
- Rs. 1400
- Rs. 300
Q. A man invests an amount of Rs. 15860 in the names of his three sons A, B and C in such a way that they get the same amount after 2, 3 and 4 years respectively. If the rate of simple interest is 5% then the ratio of amounts invested among, A, B and C will be:
- 10 : 15 : 20
- 22 : 23 : 24
- 6 : 4 : 3
- 2 : 3 : 4
Q. A sum of money triples itself in 15 years 6 months. In how many years would it double itself?
- 6 years 3 months
- 7 years 9 months
- 8 years 3 months
- 9 years 6 months
Q. The rate of simple interest on a sum of money is 6% p.a. for the first 3 years, 8% p.a. for the next 5 years and 10% p.a. for the period beyond 8 years. If the simple interest accrued by the sum for a total period of 10 years is Rs. 1560, what is the sum?
- Rs. 1500
- Rs. 2000
- Rs. 3000
- Data inadequate
Q. Prabhat took a certain amount as a loan from a bank at the rate of 8% p.a. S.I. and gave the same amount to Ashish as a loan at the rate of 12% p.a. If at the end of 12 years, he made a profit of Rs. 320 in the deal, what was the original amount.
- Rs. 2000
- Rs. 3000
- Rs. 4000
- None of these
Q. A sum of Rs. 600 amounts to Rs. 720 in 4 years at simple interest. What will it amount to if the rate of interest is increased by 2%?
- Rs. 648
- Rs 768
- Rs. 726
- Rs. 792
Q. A sum of Rs. 1550 is lent out into two parts, one at 8% and another one at 6%. If the total annual income is Rs. 106, the money lent at 8% is:
- Rs. 650
- Rs. 720
- Rs. 840
- Rs. 900
Q. What is the rate of simple interest for the first 4 years if the sum of Rs.360 becomes Rs. 540 in 9 years and the rate of interest for the last 5 years is 16%?
- 4%
- 5%
- 3%
- 6%
Q. Rahul borrowed Rs. 830 from Mr. Lal at 12% p.a. S.I. for 3 years. He then added some more money to the borrowed sum and lent it to Shobha for the same period at 14% p.a. rate of interest. If Rahul gains Rs. 93.90 in the whole transaction, how much money did he add from his side?
- Rs. 35
- Rs. 55
- Rs. 80
- Rs. 105
Q. Sanjay borrowed Rs.900 at 4% p.a. and Rs.1100 at 5% p.a. for the same duration. He had to Rs. 364 in all as interest. What is the time period is?
- 5 years
- 3 years
- 2 years
- 4 years
Q. The simple interest on a sum of money at 5% is Rs. 48 for 4 years. The simple interest on the same sum for 5 years at 4% will be.
- Rs. 40
- Rs. 48
- Rs. 50
- Rs. 60
Q. Avinash borrowed Rs. 5000 from Sanjay at simple interest. After 3 years, Sanjay got Rs. 300 more than what he had given to Avinash. What was the rate of interest per annum?
- 2%
- 5%
- 8%
- 10%
Q.
is borrowed at . borrowed for. Find the amount to be paid at the end of the second year.
Q. Divided Rs. 6000 into two parts so that simple interest on the first part for 2 years at 6% p.a. may be equal to the simple interest on the second part for 3 years at 8% p.a.
- Rs. 4000, Rs. 2000
- Rs. 5000, Rs.1000
- Rs. 3000, Rs. 3000
- None of these
Q. Annual demand for window frames is 10000. Each frame costs Rs. 200 and ordering cost is Rs. 300 per order. Inventory holding cost is Rs. 40 per frame per year. The supplier is willing to offer a 2% discount if the order quantity is 1000 or more, and 4% if order quantity is 2000 or more. If the total cost is to be minimized, the retailer should
- order 200 frames every time
- accept 4% discount
- accept 2% discount
- order Economic order Quantity
Q. Two equal sums were borrowed at 8% simple interest per annum for 2 years and 3 years respectively. The difference on the interest was Rs. 56. The sum borrowed were
- Rs. 690
- Rs. 700
- Rs. 740
- Rs. 780
Q. Market demand for springs is 8, 00, 000 per annum. A company purchases these springs in lots and sells them. The cost of making a purchase order is Rs. 1, 200. The cost of storage of springs is Rs. 120 per stored piece per annum. The economic order quantity is
- 400
- 2, 828
- 8, 000
- 4, 000
Q. A sum of Rs. 1550 was lent partly at 5% and partly at 8% p.a. simple interest. The total interest received after 3 years was Rs. 300. The ratio of the money lent at 5% to the lent at 8%.
- 8 : 5
- 5 : 8
- 31 : 6
- 16 : 15
Q.
Ramesh deposits in a savings bank account which pays interest at the rate of . how much interest will he get after .
Q. A sum of money was lent at simple interest
at 11% p.a. for 312years and 412years respectively. If the difference in interests for two period was Rs. 412.50, the sum is:
at 11% p.a. for 312years and 412years respectively. If the difference in interests for two period was Rs. 412.50, the sum is:
- Rs. 3250
- Rs. 3500
- Rs. 3750
- Rs. 4250
Q. Mr. Roopchand finds that an increase in the rate of interest from 478% to 518per% annum increases his yearly income by Rs. 25. His investment is:
- Rs. 10, 000
- Rs 12, 000
- Rs. 15, 000
- Rs. 20, 000
Q. Consider the following languages:
L1={ww∣wϵ{a, b}∗}
L2={wwR∣wϵ{a, b}∗, wRisthereverseofw}
L3={02i∣i isaninteger}
L4={0i2∣i isaninteger}
Which of the languages are regular?
L1={ww∣wϵ{a, b}∗}
L2={wwR∣wϵ{a, b}∗, wRisthereverseofw}
L3={02i∣i isaninteger}
L4={0i2∣i isaninteger}
Which of the languages are regular?
Q.
Sanjay borrowed from babulal at for . how much money had he to return after the specified period?
Q. Raju lent Rs. 400 to Ajay for 2 years, and Rs. 100 to Manoj for 4 years and received together from both Rs. 60 as interest. Find the rate of interest, simple interest being calculated.
- 5%
- 6%
- 8%
- 9%