Simple Interest Questions

• What annual payment will discharge a debt of ₹ 1092 due in 2 yr at 12% simple interest?
• What annual payment will discharge a debt of ₹ 1696 in yr at 4% per annum?
• Harsha makes a fixed deposit of ₹ 20000 in Bank of India for a period of 3 yr. If the rate of interest be 13% SI per annum charged half - yearly, what amount will he get after 42 months?
• A certain sum at simple interest amount to ₹ 1350 in 5 yr and to ₹ 1620 in 8 yr what is the sum?
• In 4 yr. ₹ 6000 amounts to ₹ 8000. In what time at the same rate, will ₹ 525 amount to ₹ 700?
• A Principal amounts to ₹ 944 in 3 yr and to ₹ 1040 in 5 yr, each sum being invested at the same simple interest. The principal was
• A sum of ₹ 1550 was lent partly at 5% and partly at 8% per annum simple interest. The total interest received after 4 yr was ₹ 400, The ratio of the money lent at 5% to that lent at 8% is
• Neeta borrowed some money at the rate of 6% per annum for the first 3 yr. at the rate of 9% per annum for the next 5 yr and a the rate of 13% per annum for the period beyond 8 yr. If she pays a total interest of ₹ 8160 at the and of 11 yr how much money did she borrow?
• Reena had ₹ 10000 with her, out of this money she lent some money to Akshay for 2 yr at 15% simple interest. She lent remaining money to Brijesh for an equal number of years at the rate of 18%. After 2 yr Reena found that Akshay had given her 360 more as interest as compared to Brijesh. The amount of money which Reena had lent to Brijesh must be
• Mr. Pawan invests an amount of ₹ 242000 at the rate of 4% per annum for 6 yr to obtain a simple interest, later he invests the principal amount as well as the amount obtained as simple interest for another 4 yr at the same rate of interest. What amount of simple interest will be obtained at the end of the last 4 yr?
• A persom invests ₹ 12000 as fixed deposit at a bank at the rate of 10% per annum simple interest. But due to some pressing needs, he has to withdraw the entire money after 3 yr for which the bank allowed him a lower rate of interest. If he gets ₹ 3320 less than, what he would have got at the end of 5 yr the rate of interest allowed by bank is
• Rajnish invested certain sum in three different schemes P, Q and R with the rates of interest 10% per annum, 12% per annum and 15% per annum, respectively. If the total interest accrued in 1 yr was ₹ 3200 and the amount invested in scheme R was 150% of the amount invested in scheme Q. what was the amount invested in scheme Q?
• Ajay takes some loan from Rashmi at the rate of 5% per annum andd after 2 yr, Ajay gave back ₹ 8800 to Rashmi and this way paid his whole loan. Find the interest by Ajay.
• The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs. 1. The sum (in Rs.) is:
• Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 16000 for 2 years at 10% per annum. The sum placed on simple interest is:
• The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 16% per annum is Rs 320. What is the value of given sum (in Rs)?
• At what rate of compound interest per annum will a sum of rs.1200 becomes rs.1348.32 in 2 years
• Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 16000 for 2 years at 10% per annum. The sum placed on simple interest is:
• The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 12% per annum is Rs 72. What is the value of given sum (in Rs)?
• The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs. 1. The sum (in Rs.) is: