Simple Interest Questions

• A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan is due in seven months
• A loan shark made a loan of $100 to be repaid with $120 at the end of one month. What was the annual interest rate?
• What is the SI on Rs.7500/- at the rate of 10% per annum for 5 years?
• What will be the ratio of simple interest earned by certain amount at the same rate of interestfor 4 years and 6 years ?
• If rupee two produces rupees eleven over a period of 30 years, find the rate of simple interest ?
• A certain sum is invested at simple interest at 18% p.a. for two years instead of investing at 12% p.a. for the same time period. Therefore the interest received is more by Rs. 840. Find the sum ?
• An automobile financier claims to be lending money at S.I., but he includes the interest every six months for calculating the principal. If he is charging an interest of 8%, the effective rate of interest becomes ?
• A sum of money at simple interest amounts to Rs. 415 in 2 years and to Rs. 514 in 4 years. The sum is ?
• Avinash gave a sum of 5400 at the simple rate of interest of 8% to Rajeev for 4 years and Rajeev gave this amount to Chanukya at the rate of 6% for 4 years. Find how much extra amount has to be paid by Rajeev to Avinash after 4 years?
• The simple interest on Rs.10 for 4 months at the rate of 3 paise per month is
• A certain sum of money becomes double of itself in 15 years at a rate of simple interest. In how many years will it become 5 times of itself at the same rate of simple interest
• A certain sum of money triples itself in 5 years at simple interest. In how many years it will be five times?
• The simple interest on Rs. 2000 for 2 years at Rs. 75 per thousand per annum will be
• A sum of Rs. 10,000 is lent partly at 6% and the remaining at 10% p.a. If the yearly interest on the average is 9.2%, the money lent at 10% is:-
• A sum becomes Rs 1392 in 2 years and Rs 1488 in 3 years at simple interest. What is the rate (in percentage) of interest per annum?
• On a certain Principal if the Simple interest for two years is Rs 4800 and Compound interest for the two years is Rs 5088, what is the rate of Interest?
• A sum of Rs 2000 becomes Rs 3645 in 2 years at a certain rate of compound interest. What will be the sum (in Rs) after 4 years?
• If in 3 years at simple interest the principal increases by 18%, what will be the compound interest (in Rs) earned on Rs. 25,000 in 3 years at the same rate?
• Dalajit lent Rs 10800 to Jaabir for 3 years and Rs 7500 to Kabir for 2 years on simple interest at the same rate of interest and received Rs 1422 in all from both of them as interest. The rate of interest per annum is
• The effective annual rate of interest corresponding to a nominal rate of 15% per annum payable half-yearly is