Simple Interest

Q. How much time will it take for an amount of ₹450 to yield an interest of ₹81 at 4.5% per annum simple interest?

1. 2 years
2. 4 years
3. 3 years
4. 6 years

Q.

In how many years will a sum of money double itself at 10%. Interest per annum.
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Q.

A sum of money amount to ₹ 6200 in 2 years and ₹ 7400 in 3 years. Find the principal and rate of interest.

Q.

A sum of money becomes $\frac{8}{5}$ of itself in $5$ years at a certain rate of simple interest . Find the rate of interest.

Q.

A sum fetched a total simple interest of rs $4016.25$ at the rate of $9\%$ p.a. in $5$years. What is the sum?

1. $₹$. 4462.50

2. $₹$ 8032.50

3. $₹$ 8900

4. $₹$ 8925

Q. A sum of ₹ 9000 is invested at the rate of 10 p.c.p.a in simple interest for 2 years. Find the total amount after two years.

1. Rs 10800
2. Rs 10500
3. Rs 10600
4. Rs 10400

Q. A sum of money was put at simple interest at certain rate for 2 years.If this sum had been put at 3% higher rate, it would have earned Rs.720 more as interest.Find the sum.

Q.

A sum of money becomes $3$ times in $12$ years . In how many years will it become $5$ times at the same rate of simple interest?

Q.

The C.I. on a sum of money for $2$ years is $₹832$ and the S.I. on the same sum for the same period is $₹800$. The difference between the C.I and S.I. for $3$ years will be

Q.

Without using the formula, find the difference between compound interest and the simple interest on ₹ 16, 000 at 9% per annum in 2 years.

1. ₹ 150

2. ₹ 144.60

3. ₹ 135.60

4. ₹ 129.60

Q. Find the simple interest on Rs 50, 000 at a rate of 12$\frac{1}{2}$ per anum for a period of 9 months.

1. Rs 4787.5
2. Rs 4887.5
3. Rs 4897.5
4. Rs 4687.5

Q.

To start a business Shalaka has taken a loan of $Rs.8000$ at a rate of $10\frac{1}{2}\%$ p.a. After two years how much compound interest will she have to pay?

Q.

Find Simple interest and amount on:

₹ 4, 000 in 1 1/3 years at 2 paise per rupee ​​​​​​ per month

Q.

If the simple interest for a certain investment is ₹ 240 for the first year, then the compound interest for the same will be ___________.

1. ₹ 420
2. ₹ 120
3. ₹ 240
4. ₹ 480

Q.

What are monthly repayments?

Q.

How long will it take a certain sum of money to triple itself at 40/3%per annum simple Interest ?

Q.

The simple interest for the principal Rs 3000, time 2 years and rate of interest 5% is:

1. Rs 300

2. Rs 400

3. Rs 200

4. Rs 350

Q. The simple interest on a certain sum for 2 years is Rs 800, while the compoud interest on the same for 2 years is Rs 820. Find the sum and the rate of interest

Q.

Sanju borrowed a sum of money from Simran at 8 % . After 4 years, Sanju had to give Simran Rs 9900 to clear the debt. What was the amount Sanju borrowed originally ?

Q. What is P. C. P. A? Where is it used?

Q. What will be time for sum of money that put 15%simple interest triple itself.

Q. Compound interest for a certain sum of money for two years at 10 % per annum is ₹315. Find the initial amount.

1. ₹ 1500
2. ₹ 1000
3. ₹ 1500
4. ₹ 1200

Q. is the compound interest received when ₹64, 000 is invested for 1.5 years at 5% per annum compounded half yearly.

1. ₹4919
2. ₹4921
3. ₹5118

Q.

The Interest on $Rs6500$ for $2years$ at $7.5\%$$p.a$is $Rs$………………….

Q.

A spider climbed $62.5\%$ of the height of the pole in one hour and in the next hour covered $12.5\%$ of the remaining height. If the height of the pole is $192m,$ then the distance climbed in the second hour is

1. $3m$

2. $5m$

3. 7m

4. 9m

Q.

A sum of money triples itself in 8 years. Find the rate of interest.

Q. Find the simple interest on ₹200 for 5 years at 6% per annum.

1. ₹20
2. ₹30
3. ₹60
4. ₹20

Q. 13. Find the amount and the C.I in Rs 24000 for 6 months if the interest is payable quarterly at the rate of 20 paisa a rupee per annum.

Q.

An amount of money invested trebled in $6years$. Find the rate of interest earned.

Q.

Find the interest on ₹800 at 6% per month for 10 months.

1. ₹480

2. ₹450

3. ₹400

4. ₹430