Practice: Simple Interest
Untimed practice · 25 questions in this set
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Question 1 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 2 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 3 of 25
Hard
Simple Interest
A man invests Rs. 15,000 in a bank at a simple interest rate of 5% per annum. After 4 years, he withdraws all the amount and reinvests it at a simple interest rate of 10% per annum for 3 more years. What is the total interest earned from both investments?
Question 4 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 5 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 6 of 25
Hard
Simple Interest
A man invests Rs. 12,000 in a scheme that offers 10% simple interest per annum. After some years, he withdraws Rs. 6,600 and the remaining amount continues to earn interest. If the total interest earned by the end of 5 years is Rs. 4,500, for how many years did he invest in total?
Question 7 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 8 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 9 of 25
Hard
Simple Interest
If a sum of money triples itself in 15 years at simple interest, in how many years will it become 5 times itself?
Question 10 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 11 of 25
Medium
Simple Interest
A person took a loan of Rs. 5000 and agreed to pay back with a simple interest of 8% per annum after 3 years. How much total amount will he pay?
Question 12 of 25
Medium
Simple Interest
A man invests Rs. 3000 at a simple interest rate of 5% per annum. How much interest will he earn after 3 years?
Question 13 of 25
Medium
Simple Interest
A sum of Rs. 8000 is lent out in two parts at 5% and 10% simple interest respectively. If the total annual interest is Rs. 600, how much was lent at 10%?
Question 14 of 25
Medium
Simple Interest
An amount of Rs. 2500 is borrowed at a simple interest rate of 7% per annum. What will be the total interest obtained after 4 years?
Question 15 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 16 of 25
Hard
Simple Interest
A sum of Rs. 25,000 is borrowed at a rate of interest of 10% per annum. If the borrower has to pay back Rs. 30,000 at the end of the loan period, for how many years was the money borrowed?
Question 17 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 18 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 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 person invests Rs. 8000 in a bank at a simple interest rate of 9% per annum. How much total interest will the person earn in 5 years?
Question 21 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 22 of 25
Hard
Simple Interest
An amount of Rs. 12,000 is divided between A and B such that A's share at 4% simple interest for 5 years equals B's share at 3% simple interest for 6 years. What is A's share?
Question 23 of 25
Medium
Simple Interest
Find the simple interest on Rs. 15000 at 8% per annum for a period of 2 years.
Question 24 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 25 of 25
Medium
Simple Interest