Practice: Simple Interest
Untimed practice · 25 questions in this set
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Question 1 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 2 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 3 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 4 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 5 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 6 of 25
Hard
Simple Interest
A person lends Rs. 4,000 to one friend at 6% per annum simple interest and Rs. 6,000 to another friend at 4% per annum simple interest. What is the total amount of interest earned from both friends at the end of 3 years?
Question 7 of 25
Medium
Simple Interest
A sum at 5% SI for 2 years gives ₹100 interest. Principal?
Question 8 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 9 of 25
Hard
Simple Interest
A lender lends Rs. 15,000 at a simple interest rate of 5% per annum. If the borrower has to pay a total of Rs. 19,200 at the end of the loan period, for how long was the money lent?
Question 10 of 25
Hard
Simple Interest
A sum of Rs. 16,000 is lent in two parts in such a way that the interest on one part at 3% per annum for 3 years is equal to the interest on the other part at 4% per annum for 4 years. Find the interest on each part.
Question 11 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 12 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 13 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 14 of 25
Medium
Simple Interest
An amount of Rs. 15,000 is split into two parts. One part is lent at 9% per annum and the other at 11% per annum. If the total interest after 1 year is Rs. 1500, find the amount lent at 9%.
Question 15 of 25
Hard
Simple Interest
A sum of money is lent out at simple interest and amounts to Rs. 720 in 2 years and Rs. 800 in 5 years. What is the principal amount?
Question 16 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 17 of 25
Hard
Simple Interest
If the simple interest on a sum of money for 3 years is Rs. 540 and the rate of interest is 6%, what is the principal?
Question 18 of 25
Medium
Simple Interest
The simple interest on a sum for 6 years is 30% of the principal. What is the rate of interest per annum?
Question 19 of 25
Hard
Simple Interest
An amount of Rs. 5000 is lent at simple interest and it grows to Rs. 8000 in 5 years. What will be the total amount after 8 years?
Question 20 of 25
Hard
Simple Interest
A person borrows Rs. 5,000 at 8% simple interest and lends it at 10% simple interest. Find his gain after 4 years.
Question 21 of 25
Medium
Simple Interest
If Rs. 10000 amounts to Rs. 11600 in 4 years at simple interest, what is the rate of interest?
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
A sum of money becomes double itself in 10 years at simple interest. What is the rate of interest?
Question 24 of 25
Hard
Simple Interest
A sum of Rs. 10,000 is invested at 5% per annum simple interest. After certain years, the total amount becomes Rs. 15,000. How many years was the money invested?
Question 25 of 25
Hard
Simple Interest