Maths Simple Interest Questions_26.03.
2026
Q1. A sum of ₹18,000 is invested at 5.5% p.a. simple interest. Find the total amount after 2 years and 6 months.
Q2. The simple interest on a sum of money is 2/5 of the principal. If the rate is 8% p.a., find the time period.
Q3. At what rate of simple interest will a sum of money triple itself in 25 years?
Q4. Find the simple interest on $3,500 from 10th February to 20th April at 6% per annum.
Q5. The simple interest earned on a certain sum in 5 years at 8% p.a. is equal to the principal itself. Find the sum and
the total interest earned.
Q6. A sum of money was lent at simple interest at a certain rate. If the rate had been 3% lower, the interest earned
over 7 years on a principal of ₹9,000 would have been ₹1,890 less. Find the original rate of interest.
Q7. The difference between the simple interest and the principal on a certain sum at 7% p.a. for 4 years is ₹1,120. Find
the sum.
Q8. A person wants to have an amount of ₹50,000 in 3 years. If he can invest his savings at 9% p.a. simple interest,
what is the minimum amount he must invest today?
Q9. A store offers a "no-interest" payment plan for a TV costing ₹24,000, where you pay ₹2,000 per month for 12
months. A competitor offers the same TV for a cash price of ₹22,000. If a customer takes the payment plan, what is
the effective simple interest rate they are paying per annum?
Q10. A farmer took a loan of ₹1,20,000 to buy equipment. The loan was at a simple interest rate of 7% p.a. He repaid
₹50,000 at the end of the first year and ₹30,000 at the end of the second year. What is the total amount he must pay
at the end of the third year to clear the entire loan?
Q11. A sum of ₹8,000 is invested at two different rates. Part of it is invested at 6% p.a. and the rest at 9% p.a. The total
annual interest earned is ₹570. How much money was invested at 9%?
Q12. Anu borrowed ₹15,000 from Bank A at 10% p.a. simple interest. She also borrowed ₹20,000 from Bank B at 8%
p.a. simple interest. After how many years will the total interest from both loans be equal to the sum of the principals
borrowed (i.e., ₹35,000)?
Q13. A sum of money was invested at simple interest for 5 years. If the rate of interest for the first 2 years was 6% p.a.
and for the next 3 years was 8% p.a., and the total interest earned was ₹5,280, find the original sum.
Q14. A sum of money doubles itself in 10 years at a certain rate of simple interest. In how many years will it triple
itself at the same rate?
Q15. The principal on a certain sum is 25 times the simple interest earned on it in 3 years. If the rate of interest is 8%,
find the time period required for the interest to become equal to the principal.
Q16. The simple interest on a sum for 5 years is half the sum. If the rate is increased by 5 percentage points, the new
simple interest for the same time would be equal to the sum. Find the original rate of interest.
Q17. Find the total amount payable on a loan of ₹50,000 taken for 2 years at a rate of 9.5% per annum.
Q18. The simple interest on a certain sum for 4 years at 12% p.a. is ₹7,200. Find the principal (the sum).
Q20. A principal of ₹9,000 earns an interest of ₹2,025 over 3 years. Find the rate of interest per annum.
Q21. In how many years will a sum of ₹15,000 amount to ₹19,500 at a rate of 10% p.a. simple interest?
Q22. At what rate of interest per annum will a sum of ₹5,000 double itself in 10 years? (Hint: If the sum doubles, the
interest earned is equal to the principal).
Q23. Find the simple interest on ₹3,000 for 9 months at 8% per annum.
Q24. A sum of $7,500 was borrowed on 1st January and returned on 1st May of the same year at 5% p.a. Find the
amount of interest paid.
Q25. Calculate the interest on ₹12,000 from 15th March to 8th August at 6% p.a. (Assume it's not a leap year).
Q26. A bank offers a simple interest of 6% p.a. on a savings account and 8% p.a. on a fixed deposit. Sarah has ₹20,000
to invest. How much more interest will she earn in 3 years if she chooses a fixed deposit instead of a savings account?
Q27. Alex borrowed money from two lenders. He borrowed ₹15,000 from one at 8% p.a. and ₹10,000 from the other
at 10% p.a. Find the total interest he has to pay after 2 years.
Q28. A sum of money was lent at simple interest at a certain rate. If the rate had been 2% higher, the interest would
have been ₹800 more on a sum of ₹10,000 over 4 years. Find the original rate of interest.
Q29. A portion of $5,000 is invested at 6% p.a. and the rest is invested at 9% p.a. If the total annual interest from both
investments is $345, how much was invested at each rate?
Q30. The simple interest on a sum of money for 2 years is ₹1,200, and the compound interest on the same sum for the
same period and at the same rate is ₹1,260. Find the sum and the rate of interest. (Hint: The difference between CI
and SI for 2 years is the interest on the first year's interest).
Q31. A sum of money amounts to ₹9,800 in 2 years and to ₹11,200 in 4 years at simple interest. Find the sum and the
rate of interest. (Hint: The interest earned between year 2 and year 4 is for 2 years on the original principal).