Practice: Simple Interest
Untimed practice ยท 25 questions in this set
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Question 1 of 25
Hard
Simple Interest
A person borrowed Rs. 2,000 from a bank and repaid a total of Rs. 2,800 after 4 years. Find the rate of simple interest per annum.
Question 2 of 25
Medium
Simple Interest
A sum becomes Rs. 8400 in 2 years and Rs. 9600 in 3 years at simple interest. What is the principal amount?
Question 3 of 25
Hard
Simple Interest
A sum of money becomes 1.7 times itself in 4 years at simple interest. Find the rate of interest per annum.
Question 4 of 25
Hard
Simple Interest
If the simple interest on a sum of money is 1/9 of the principal and the rate of interest is equal to the number of years, find the rate of interest.
Question 5 of 25
Hard
Simple Interest
A sum of money is lent out at simple interest such that it amounts to Rs. 3,000 in 3 years and Rs. 3,900 in 6 years. What is the rate of interest per annum?
Question 6 of 25
Hard
Simple Interest
A sum of money becomes Rs. 6,500 in 5 years and Rs. 7,850 in 8 years at simple interest. What is the rate of interest per annum?
Question 7 of 25
Medium
Simple Interest
A loan of Rs. 10,000 is taken for 3 years at 7% simple interest per annum. What is the total amount to be paid after 3 years?
Question 8 of 25
Hard
Simple Interest
If the simple interest on a certain sum of money for 2 years at 6% per annum is Rs. 360, what will be the interest on the same sum for 4 years at 9% per annum?
Question 9 of 25
Medium
Simple Interest
A sum of Rs. 5000 is lent out at simple interest to a friend. If after 3 years the total amount received is Rs. 5900, what is the rate of interest per annum?
Question 10 of 25
Hard
Simple Interest
A man invests Rs. 15,000 in two parts at 10% and 15% simple interest per annum. If the total interest after 2 years is Rs. 3,600, what is the amount invested at 15%?
Question 11 of 25
Medium
Simple Interest
Find the simple interest on Rs. 15000 at 8% per annum for a period of 2 years.
Question 12 of 25
Hard
Simple Interest
A man invests Rs. 20,000 at a simple interest rate of 12% per annum. If he had invested the same amount at 15% per annum, he would have earned Rs. 600 more as interest over the same period. What was the period of investment?
Question 13 of 25
Hard
Simple Interest
If a sum becomes Rs. 6600 in 2 years and Rs. 7200 in 4 years at simple interest, find the original sum.
Question 14 of 25
Hard
Simple Interest
A person invested Rs. 12,000 in a bank offering simple interest. If the person received Rs. 4320 as interest after certain years at 9% per annum, find the time period.
Question 15 of 25
Hard
Simple Interest
A sum of money becomes Rs. 7200 in 4 years and Rs. 8100 in 6 years at simple interest. Find the principal amount.
Question 16 of 25
Medium
Simple Interest
If Rs. 5000 becomes Rs. 6500 in 5 years at simple interest, find the rate of interest per annum.
Question 17 of 25
Medium
Simple Interest
A sum of money doubles itself in 10 years at simple interest. What is the rate of interest?
Question 18 of 25
Hard
Simple Interest
A sum of money becomes double itself in 10 years at simple interest. What is the rate of interest?
Question 19 of 25
Hard
Simple Interest
A man borrows Rs. 10,000 at a rate of 5% per annum and lends it at 10% per annum. What is his gain after 3 years?
Question 20 of 25
Medium
Simple Interest
A man borrows Rs. 10,000 at 8% per annum simple interest. What amount will he have to pay back at the end of 4 years to clear the debt?
Question 21 of 25
Hard
Simple Interest
A man invests Rs. 10,000 at a certain rate of simple interest and Rs. 15,000 at another rate. After 3 years, he receives Rs. 7,200 as total interest. If the first rate is 5%, what is the second rate?
Question 22 of 25
Hard
Simple Interest
A person invests Rs. 5,000 at 5% per annum and another Rs. 10,000 at 10% per annum, both at simple interest. What is the total interest earned after 3 years?
Question 23 of 25
Hard
Simple Interest
John invested a sum of Rs. 10,000 at a simple interest rate of 8% per annum. After how many years will the total amount of interest be equal to the principal?
Question 24 of 25
Medium
Simple Interest
Ravi lends Rs. 5000 to Amit at 8% per annum simple interest and Rs. 3000 to Sunil at 6% per annum simple interest. What is the total interest earned by Ravi at the end of 3 years?
Question 25 of 25
Hard
Simple Interest