Practice: Simple Interest
Untimed practice · 25 questions in this set
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Question 1 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 2 of 25
Hard
Simple Interest
An amount of Rs. 8,000 is split into two parts and invested at 5% and 7% simple interest per annum respectively. If the total interest earned after 3 years is Rs. 1,400, how much was invested at 7%?
Question 3 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 4 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 5 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 6 of 25
Hard
Simple Interest
A sum of Rs. 12,000 is lent out at 10% per annum simple interest. After certain years, the total amount becomes Rs. 18,000. Find the number of years.
Question 7 of 25
Medium
Simple Interest
A person lends Rs. 6000 in total to two people. He lends one part at 7% simple interest and the other part at 10% simple interest. After 2 years, he receives a total interest of Rs. 1000. How much did he lend at 10%?
Question 8 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 9 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 10 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 11 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 12 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 13 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 14 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 15 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 16 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 17 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 18 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 19 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 20 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 21 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 22 of 25
Medium
Simple Interest
A sum at 5% SI for 2 years gives ₹100 interest. Principal?
Question 23 of 25
Hard
Simple Interest
A sum of Rs. 10,000 is invested for 2 years at 8% per annum simple interest. If the interest is added to the principal after 1 year, what will be the total amount after 2 years?
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