Amount

Q.

A milkman borrowed ₹ 2500 at simple interest from two money lenders. For one loan, he paid $5\%$ p.a. and for the other, he paid $7\%$ p.a. The total interest paid after two years was ₹275. Calculate the money he borrowed at $7\%$ interest?

1. ₹1875

2. ₹ 1000

3. ₹ 625

4. ₹ 1200

Q.

You want to put $\$2,500$ in a simple interest account.

It has a $4\%$ annual interest rate.

How long must you invest that money to earn $\$500$ in interest?

Q.

Calculate the simple interest on Rs.$6400$ for $6$ months at the rate of $10\%$ per annum .

Q.

Calculate the Simple Interest if $P=$₹ $2500,R=10.5\%p.a.,T=2years$.

Q.

Rohan borrowed $Rs20,000$ for $5\frac{5}{6}years$ at $4\frac{1}{4}\%p.a.$ Calculate the interest he has to pay. Also, find the Amount.

Q.

Find simple interest on $₹6000$ at $2\frac{1}{2}\%p.a.$for $3$ years.

Q. The simple interest on Rs. 400 for 8 months at 5 paise per rupee per month is

1. Rs.120
2. Rs.160
3. Rs. 200
4. Rs. 550

Q. Population of a town increases at a certain rate per cent per annum. Present population of the town is 3600 and in 5 years’ time it becomes 4800. How much will it be in 10 years time ?

1. 6400
2. 7000
3. 5000
4. 6000

Q.

A person invested 3 times as much money at $5\%$ as he had invested at $2\%$ per annum simple interest. Further, he invested ₹6000 more at $3\%$ then he had invested at $2\%$. If he total interest from the three investments after a year is ₹ 980, then the total amount he invested is

1. ₹ 17600

2. ₹ 18000

3. ₹ 20000

4. ₹ 26000

Q. Grace took a loan of ₹42500 at 6 percent per annum. How much interest will she have to pay to the bank at the end of the year?

1. ₹3550
2. ₹1750
3. ₹2550
4. ₹1800

Q.

You put $\$550$ in an account that earns $4.4\%$ simple interest per year. How much interest do you earn $6$ months?

1. $\$1.21$

2. $\$12.10$

3. $\$121.00$

4. $\$145.20$

Q.

Armand deposited $\$389.42$ in a savings account that earns $3.2\%$ simple interest.

What is Armand’s account balance after seven years?

1. $\$87.23$

2. $\$401.88$

3. $\$476.65$

4. $\$872.30$

Q.

$Rs7000$ is borrowed at $3.5\%$rate of interest p.a. $2years$.Find the amount to be paid at the end of second year.