SIMPLE INTEREST
• Simple Interest Formula :
• The formula for simple interest helps you find the interest amount if the
principal amount, rate of interest and time periods are given.
• Simple interest formula is given as:
• SI=PTR/100
• Where SI = simple interest
• P = principal
• R = interest rate (in percentage)
• T = time duration (in years)
• Amount (A) = Principal (P) + Interest (I)
• Where,
• Amount (A) is the total money paid back at the end of the time period for
which it was borrowed.
• The total amount formula in case of simple interest can also be written as:
• A = P(1 + RT)
• Here,
• A = Total amount after the given time period
• P = Principal amount or the initial loan amount
• R = Rate of interest (per annum)
• T = Time (in years)
SIMPLE INTEREST
Q.1: A sum of 4000 is lent for 5 years at the rate of 15% per annum. Find the
interest.
(1) 3000 (2) 2000 (3) 1000 (4) 1500 (5) None of these
SIMPLE INTEREST
Q.1: A sum of 4000 is lent for 5 years at the rate of 15% per annum. Find the
interest.
(1) 3000 (2) 2000 (3) 1000 (4) 1500 (5) None of these
SIMPLE INTEREST
Q.2: If the simple interest on 625 increases by 25, when the time increases
by 2 years. Find the rate per cent per annum.
(1) 2% (2) 3% (3) 1% (4) 0.5% (5) None of these
SIMPLE INTEREST
Q.2: If the simple interest on 625 increases by 25, when the time increases
by 2 years. Find the rate per cent per annum.
(1) 2% (2) 3% (3) 1% (4) 0.5% (5) None of these
SIMPLE INTEREST
Q.3: A man deposits 1350 in a bank at 5% per annum and 1150 in another
bank at 6% per annum. Find the rate of interest for the whole sum.
(1) 5.40% (2) 6.40% (3) 5.46% (4) 115%
(5) None of these
SIMPLE INTEREST
Q.3: A man deposits 1350 in a bank at 5% per annum and 1150 in another
bank at 6% per annum. Find the rate of interest for the whole sum.
(1) 5.40% (2) 6.40% (3) 5.46% (4) 115%
(5) None of these
SIMPLE INTEREST
Q.4: The simple interest on a sum of money is 4/9 of the principal, and the
number of years is equal to the rate per cent per annum. Find the rate per
cent.
(1) 6(2/3)% (2) 5(3/5)% (3) 7(2/3)% (4) 6(1/3)% (5) None of these
SIMPLE INTEREST
Q.4: The simple interest on a sum of money is 4/9 of the principal, and the
number of years is equal to the rate per cent per annum. Find the rate per
cent.
(1) 6(2/3)% (2) 5(3/5)% (3) 7(2/3)% (4) 6(1/3)% (5) None of these
SIMPLE INTEREST
Q.5: If the simple interest on 1350 be more than the interest on 1250 by 20
in 2 years, find the rate per cent per annum.
(1) 5% (2) 10% (3) 6% (4) 8% (5) None of these
SIMPLE INTEREST
Q.5: If the simple interest on 1350 be more than the interest on 1250 by 20
in 2 years, find the rate per cent per annum.
(1) 5% (2) 10% (3) 6% (4) 8% (5) None of these
SIMPLE INTEREST
Q.6: If simple interest on 375 increases by 75, when the rate % increases by
5% per annum. Find the time.
(1) 2 years (2) 8 years (3) 4 years (4) None of these
SIMPLE INTEREST
Q.6: If simple interest on 375 increases by 75, when the rate % increases by
5% per annum. Find the time.
(1) 2 years (2) 8 years (3) 4 years (4) None of these
SIMPLE INTEREST
Q.7: What annual instalment will discharge a debt of 4,200 due in 5 years at
10% simple interest?
(1) 700 per year (2) 350 per year (3) 750 per year
(4) 650 per year (5) None of these
SIMPLE INTEREST
Q.7: What annual instalment will discharge a debt of 4,200 due in 5 years at
10% simple interest?
(1) 700 per year (2) 350 per year (3) 750 per year
(4) 650 per year (5) None of these
SIMPLE INTEREST
Q.8: Arun borrowed a sum of money from Jayant at the rate of 8% per annum
simple interest for the first four years, 10% per annum for the next 6 years,
and 12% per annum for the period beyond 10 years. If he pays a total of
12160 as interest only at the end of 15 years, how much money did he
borrow?
(1) 8000 (2) 10000 (3) 12000 (4) 9000 (5) None of these
SIMPLE INTEREST
Q.8: Arun borrowed a sum of money from Jayant at the rate of 8% per annum
simple interest for the first four years, 10% per annum for the next 6 years,
and 12% per annum for the period beyond 10 years. If he pays a total of
12160 as interest only at the end of 15 years, how much money did he
borrow?
(1) 8000 (2) 10000 (3) 12000 (4) 9000 (5) None of these
SIMPLE INTEREST
Q.9: In what time does a sum of money become thrice at the simple interest
rate of 8% per annum?
(1) 30 years (2) 15 years (3) 20 years (4) 25 years (5) None of these
SIMPLE INTEREST
Q.9: In what time does a sum of money become thrice at the simple interest
rate of 8% per annum?
(1) 30 years (2) 15 years (3) 20 years (4) 25 years (5) None of these
SIMPLE INTEREST
Q.10: A certain sum is invested for certain time. It amounts to 400 at 10% per
annum. But when invested at 4% per annum, it amounts to 200. Find the
time.
(1) 100 years (2) 75 years (3) 50 years (4) 60 years (5) None of these
SIMPLE INTEREST
Q.10: A certain sum is invested for certain time. It amounts to 400 at 10% per
annum. But when invested at 4% per annum, it amounts to 200. Find the
time.
(1) 100 years (2) 75 years (3) 50 years (4) 60 years (5) None of these
SIMPLE INTEREST
Q.11:A certain sum is invested for certain time. It amounts to 150 at 5% per
annum. But when invested at 3% per annum, it amounts to 100. Find the
sum.
(1) 50 (2) 25 (3) 30 (4) 60 (5) None of these
SIMPLE INTEREST
Q.11:A certain sum is invested for certain time. It amounts to 150 at 5% per
annum. But when invested at 3% per annum, it amounts to 100. Find the
sum.
(1) 50 (2) 25 (3) 30 (4) 60 (5) None of these
SIMPLE INTEREST
Q.12: A sum was put at SI at a certain rate for 3 years. Had it been put at 4%
higher rate, it would have : fetched 600 more. Find the sum.
(1) 5000 (2) 4000 (3) 6000 (4) 3000 (5) None of these
SIMPLE INTEREST
Q.12: A sum was put at SI at a certain rate for 3 years. Had it been put at 4%
higher rate, it would have : fetched 600 more. Find the sum.
(1) 5000 (2) 4000 (3) 6000 (4) 3000 (5) None of these
SIMPLE INTEREST
Q.13 A certain sum of money amounts to 550 in 3 years and to 650 in 4
years. Find the sum.
(1) 250 (2) 300 (3) 150 (4) 350 (5) None of these
SIMPLE INTEREST
Q.13 A certain sum of money amounts to 550 in 3 years and to 650 in 4
years. Find the sum.
(1) 250 (2) 300 (3) 150 (4) 350 (5) None of these
SIMPLE INTEREST
Q.14: A sum was put at SI at a certain rate for 4 years. Had it been put at 5%
lower rate, it would have fetched 100 less. Find the sum.
(1) 500 (2) 5000 (3) 400 (4) 4000 (5) None of these
SIMPLE INTEREST
Q.14: A sum was put at SI at a certain rate for 4 years. Had it been put at 5%
lower rate, it would have fetched 100 less. Find the sum.
(1) 500 (2) 5000 (3) 400 (4) 4000 (5) None of these
SIMPLE INTEREST
Q.15: Anish borrowed 15000 at the rate of 12% and an other amount at the
rate of 15% for two years. The total interest paid by him was 9000. How
much did he borrow?
(1) 32000 (2) 33000 (3) 30000 (4) 63000 (5) None of these
SIMPLE INTEREST
Q.15: Anish borrowed 15000 at the rate of 12% and an other amount at the
rate of 15% for two years. The total interest paid by him was 9000. How
much did he borrow?
(1) 32000 (2) 33000 (3) 30000 (4) 63000 (5) None of these
SIMPLE INTEREST
Q.16: At a certain rate of simple interest 400 amounted to 460 in 3 years. If
the rate of interest be decreased by 3%, what will be the amount after 3
years?
(1) 424 (2) 484 (3) 242 (4) 848 (5) None of these
SIMPLE INTEREST
Q.16: At a certain rate of simple interest 400 amounted to 460 in 3 years. If
the rate of interest be decreased by 3%, what will be the amount after 3
years?
(1) 424 (2) 484 (3) 242 (4) 848 (5) None of these
SIMPLE INTEREST
Q.17: 1,200 amounts to 1,632 in 4 years at a certain rate of simple interest. If
the rate of interest is increased by 1%, it would amount to how much?
(1) 1635 (2) 1644 (3) 1670 (4) 1680 (5) None of these
SIMPLE INTEREST
Q.17: 1,200 amounts to 1,632 in 4 years at a certain rate of simple interest. If
the rate of interest is increased by 1%, it would amount to how much?
(1) 1635 (2) 1644 (3) 1670 (4) 1680 (5) None of these
SIMPLE INTEREST
Q.18: The simple interest on a sum of money will be 150 after 4 years. In the
next 4 years principal becomes 5 times, what will be the total interest at the
end of the 8th year?
(1) 950 (2) 850 (3) 900 (4) 860 (5) None of these
SIMPLE INTEREST
Q.18: The simple interest on a sum of money will be 150 after 4 years. In the
next 4 years principal becomes 5 times, what will be the total interest at the
end of the 8th year?
(1) 950 (2) 850 (3) 900 (4) 860 (5) None of these
SIMPLE INTEREST
Q.19: The simple interest on a sum of money will be 225 after 3 years. In the
next 5 years principal becomes 3 times, what will be the total interest at the
end of the 8th year?
(1) 1250 (2) 1330 (3) 1360 (4) 1350 (5) None of these
SIMPLE INTEREST
Q.19: The simple interest on a sum of money will be 225 after 3 years. In the
next 5 years principal becomes 3 times, what will be the total interest at the
end of the 8th year?
(1) 1250 (2) 1330 (3) 1360 (4) 1350 (5) None of these
SIMPLE INTEREST
Q.20: A sum of 1521 is lent out in two parts in such a way that the interest on
one part at 10% for 5 years is equal to that on another part at 8% for 10
years. Find the two sums.
(1) 926, 595 (2) 906, 615 (3) 916, 605 (4) 936, 585 (5) None
of these
SIMPLE INTEREST
Q.20: A sum of 1521 is lent out in two parts in such a way that the interest on
one part at 10% for 5 years is equal to that on another part at 8% for 10
years. Find the two sums.
(1) 926, 595 (2) 906, 615 (3) 916, 605 (4) 936, 585 (5) None
of these
SIMPLE INTEREST
Q.21: A sum of money becomes two times at the simple interest rate of 2%
per annum. At what rate per cent will it become five fold?
(1) 10% (2) 8% (3) 6% (4) 9% (5) None of these
SIMPLE INTEREST
Q.21: A sum of money becomes two times at the simple interest rate of 2%
per annum. At what rate per cent will it become five fold?
(1) 10% (2) 8% (3) 6% (4) 9% (5) None of these
SIMPLE INTEREST
Q.22: A certain sum of money amounted to 810 at 4% in a time in which 450
amounted to 720 at 3%. If the rate of interest is simple, find the sum.
(1) 500 (2) 450 (3) 600 (4) 475 (5) None of these
SIMPLE INTEREST
Q.22: A certain sum of money amounted to 810 at 4% in a time in which 450
amounted to 720 at 3%. If the rate of interest is simple, find the sum.
(1) 500 (2) 450 (3) 600 (4) 475 (5) None of these
SIMPLE INTEREST
Q.23: A certain sum of money amounts to 5000 in 5 years at 10% per annum.
In how many years will it amount to 6000 at the same rate?
(1) 8 years (2) 6 years (3) 10 years (4) 9 years (5) None of these
SIMPLE INTEREST
Q.23: A certain sum of money amounts to 5000 in 5 years at 10% per annum.
In how many years will it amount to 6000 at the same rate?
(1) 8 years (2) 6 years (3) 10 years (4) 9 years (5) None of these
SIMPLE INTEREST
Q.24: 8829 is divided into three parts in such a way that their amounts at 4%
per annum simple interest after 5, 6 and 8 years are equal. Find each part of
the sum.
(1) 3069, 2970, 2790 (2) 3609, 2970, 2790
(3) 3089, 2970, 2790 (4) 3069, 2960, 2760
(5) None of these
SIMPLE INTEREST
Q.24: 8829 is divided into three parts in such a way that their amounts at 4%
per annum simple interest after 5, 6 and 8 years are equal. Find each part of
the sum.
(1) 3069, 2970, 2790 (2) 3609, 2970, 2790
(3) 3089, 2970, 2790 (4) 3069, 2960, 2760
(5) None of these
SIMPLE INTEREST
Q.25: What principal will amount to 560 in 3 years at 4 per cent per annum
simple interest?
(1) 540 (2) 500 (3) 550 (4) 560 (5) None of these
SIMPLE INTEREST
Q.25: What principal will amount to 560 in 3 years at 4 per cent per annum
simple interest?
(1) 540 (2) 500 (3) 550 (4) 560 (5) None of these
SIMPLE INTEREST
Q.26: A person lent a certain sum of money at 4% simple interest, and in 5
years the interest amounted to 520 less than the sum lent. Find the sum
lent.
(1) 600 (2) 650 (3) 700 (4) 750 (5) None of these
SIMPLE INTEREST
Q.26: A person lent a certain sum of money at 4% simple interest, and in 5
years the interest amounted to 520 less than the sum lent. Find the sum
lent.
(1) 600 (2) 650 (3) 700 (4) 750 (5) None of these
SIMPLE INTEREST
Q.27: A sum of money doubles itself in 5 years. It will become 4 times of itself
in–
(1) 10 years (2) 12 years (3) 15 years (4) 20 years (5) None of these
SIMPLE INTEREST
Q.27: A sum of money doubles itself in 5 years. It will become 4 times of itself
in–
(1) 10 years (2) 12 years (3) 15 years (4) 20 years (5) None of these
SIMPLE INTEREST
Q.28: The simple interest on 1250 will be less than the interest on 1400 at 3%
simple interest by 45. Find the time.
(1) 10 years (2) 9 years (3) 8 years (4) 6 years (5) None of these
SIMPLE INTEREST
Q.28: The simple interest on 1250 will be less than the interest on 1400 at 3%
simple interest by 45. Find the time.
(1) 10 years (2) 9 years (3) 8 years (4) 6 years (5) None of these
SIMPLE INTEREST
Q.29: The difference in simple interests on a certain sum at 4% per annum for
3 years and at 5% per annum for 2 years is 50. Find the sum.
(1) 5000 (2) 4000 (3) 3000 (4) 2500 (5) None of these
SIMPLE INTEREST
Q.29: The difference in simple interests on a certain sum at 4% per annum for
3 years and at 5% per annum for 2 years is 50. Find the sum.
(1) 5000 (2) 4000 (3) 3000 (4) 2500 (5) None of these
SIMPLE INTEREST
Q.30: The difference between the interest received from two different banks
on 200 for 3 years is 60. Find the difference between their rates.
(1) 5% (2) 7% (3) 10% (4) 9% (5) None of these
SIMPLE INTEREST
Q.30: The difference between the interest received from two different banks
on 200 for 3 years is 60. Find the difference between their rates.
(1) 5% (2) 7% (3) 10% (4) 9% (5) None of these
SIMPLE INTEREST
Q.31: A sum of money lent out at simple interest amounts to 720 in 2 years
and to 1020 in 7 years. Find the rate per cent per annum.
(1) 10% (2) 12% (3) 5% (4) 15% (5) None of these
SIMPLE INTEREST
Q.31: A sum of money lent out at simple interest amounts to 720 in 2 years
and to 1020 in 7 years. Find the rate per cent per annum.
(1) 10% (2) 12% (3) 5% (4) 15% (5) None of these
SIMPLE INTEREST
Q.32: Sudhir borrows 6000 from a bank at SI. After 4 years he paid 2500 to
the bank and at the end of 5 years from the date of borrowing he paid 4560
to the bank to settle the account. Find the rate of interest.
(1) 3% (2) 3.5% (3) 3.85% (4) 4.5% (5) None of these
SIMPLE INTEREST
Q.32: Sudhir borrows 6000 from a bank at SI. After 4 years he paid 2500 to
the bank and at the end of 5 years from the date of borrowing he paid 4560
to the bank to settle the account. Find the rate of interest.
(1) 3% (2) 3.5% (3) 3.85% (4) 4.5% (5) None of these
SIMPLE INTEREST
Q.33: Some amount out of 950 was lent at 6% per annum
and the remaining at 4% per annum. If the total simple
interest from both the fractions in 5 years was 200, find
the sum lent at 6% per annum.
(1) 700 (2) 100 (3) 250 (4) 450 (5) None of these
SIMPLE INTEREST
Q.33: Some amount out of 950 was lent at 6% per annum and the remaining
at 4% per annum. If the total simple interest from both the fractions in 5
years was 200, find the sum lent at 6% per annum.
(1) 700 (2) 100 (3) 250 (4) 450 (5) None of these
SIMPLE INTEREST
Q.34 Out of a certain sum, 1/3rd is invested at 3%, 1/6th at 6% and the rest at
8%. If the simple interest for 2 years from all these investments amounts to
600, find the original sum.
(1) 5000 (2) 6000 (3) 5200 (4) 5500 (5) None of these
SIMPLE INTEREST
Q.34. Out of a certain sum, 1/3rd is invested at 3%, 1/6th at 6% and the rest
at 8%. If the simple interest for 2 years from all these investments amounts
to 600, find the original sum.
(1) 5000 (2) 6000 (3) 5200 (4) 5500 (5) None of these
SIMPLE INTEREST
Q.35: The simple interest on certain sum 625 is 100, and the number of years
is equal to the rate per cent per annum. Find the rate per cent.
(1) 5% (2) 4% (3) 3% (4) 4.5% (5) None of these
SIMPLE INTEREST
Q.35: The simple interest on certain sum 625 is 100, and the number of years
is equal to the rate per cent per annum. Find the rate per cent.
(1) 5% (2) 4% (3) 3% (4) 4.5% (5) None of these
SIMPLE INTEREST
Q.36: A certain sum of money is borrowed by a person at 3% simple interest
for 4 years. If he has to pay 120 as interest, find the total amount he has to
pay.
(1) 1020 (2) 820 (3) 1120 (4) 1220 (5) None of these
SIMPLE INTEREST
Q.36: A certain sum of money is borrowed by a person at 3% simple interest
for 4 years. If he has to pay 120 as interest, find the total amount he has to
pay.
(1) 1020 (2) 820 (3) 1120 (4) 1220 (5) None of these
SIMPLE INTEREST
Q.37: The simple interest on 400 for 5 years together with that on 600 for 4
years came to 132, the rate being the same in both the cases. Find the rate
per cent of interest.
(1) 1% (2) 5% (3) 4% (4) 3% (5) None of these
SIMPLE INTEREST
Q.37: The simple interest on 400 for 5 years together with that on 600 for 4
years came to 132, the rate being the same in both the cases. Find the rate
per cent of interest.
(1) 1% (2) 5% (3) 4% (4) 3% (5) None of these
SIMPLE INTEREST
Q.38: On 3000 invested at a simple interest rate 6 per cent per annum, 900 is
obtained as interest in certain years. In order to earn 1600 as interest on 4000
in the same number of years, what should be the rate of simple interest?
(1) 7 per cent (2) 8 per cent (3) 9 per cent (4) Data inadequate
(5) None of these
SIMPLE INTEREST
Q.38: On 3000 invested at a simple interest rate 6 per cent per annum, 900 is
obtained as interest in certain years. In order to earn 1600 as interest on 4000
in the same number of years, what should be the rate of simple interest?
(1) 7 per cent (2) 8 per cent (3) 9 per cent (4) Data inadequate
(5) None of these
SIMPLE INTEREST
Q.39: At what rate of interest per annum will a sum double itself in 8 years?
(1) 12½% (2) 5% (3) 6% (4) 10½% (5) None of these
SIMPLE INTEREST
Q.39: At what rate of interest per annum will a sum double itself in 8 years?
(1) 12½% (2) 5% (3) 6% (4) 10½% (5) None of these
SIMPLE INTEREST
Q.40: If x is the simple interest on y and y is the simple interest on z, the rate %
and the time being the same in both cases, what is the relation between x, y
and z?
(1) X^2 = yz (2) y^2 = xz (3) z^2 = xy (4) xyz = 1
(5) None of these
SIMPLE INTEREST
Q.40: If x is the simple interest on y and y is the simple interest on z, the rate %
and the time being the same in both cases, what is the relation between x, y
and z?
(1) X^2 = yz (2) y^2 = xz (3) z^2 = xy (4) xyz = 1
(5) None of these
SIMPLE INTEREST
Q.41: MRP of a refrigerator is Rs.4500. After a down payment of Rs.1100, Aparna
give 5 instalments of Rs.700 each per month. Find the rate.
(1) 10% (2) 15% (3) 12% (4) 20%
SIMPLE INTEREST
Q.41: MRP of a refrigerator is Rs.4500. After a down payment of Rs.1100, Aparna give 5
instalments of Rs.700 each per month. Find the rate.
(1) 10% (2) 15% (3) 12% (4) 20%
SIMPLE INTEREST
Q.42: A sum of Rs.10 is lent to be returned in 11 monthly instalments of Rs.1 each. Interest
being simple. The rate of interest will be?
(1) 70/3% (2) 80/3% (3) 20/3% (4) None of these
SIMPLE INTEREST
Q.42: A sum of Rs.10 is lent to be returned in 11 monthly instalments of Rs.1 each. Interest
being simple. The rate of interest will be?
(1) 70/3% (2) 80/3% (3) 20/3% (4) None of these
SIMPLE INTEREST
Q.43: Harsh took a loan of RS.6450 and return this sum at 5% rate in 4 equal instalments at SI.
Find each instalment.
(1) 1500 (2) 2000 (3) 2500 (4) 3000
SIMPLE INTEREST
Q.43: Harsh took a loan of RS.6450 and return this sum at 5% rate in 4 equal instalments at SI.
Find each instalment.
(1) 1500 (2) 2000 (3) 2500 (4) 3000
SIMPLE INTEREST
Q.44: A due amount of Rs.2145 is to be given back at 25% SI in 4 months. Find monthly
instalment.
(1) 300 (2) 350 (3) 390 (4) 410
SIMPLE INTEREST
Q.44: A due amount of Rs.2145 is to be given back at 25% SI in 4 months. Find monthly
instalment.
(1) 300 (2) 350 (3) 390 (4) 410
SIMPLE INTEREST
Q.45: What equal annual instalment will discharge a debt of Rs.2985 due in 6 years at 10%
simple interest.
(1) 324 (2) 355 (3) 380 (4) 398
SIMPLE INTEREST
Q.45: What equal annual instalment will discharge a debt of Rs.2985 due in 6 years at 10%
simple interest.
(1) 324 (2) 355 (3) 380 (4) 398
SIMPLE INTEREST
Q.46: A sum of Rs. 17,200 is lent out at simple interest in two parts for 2 years at
8% p.a. _and_10% p.a., respectively. If the total interest received after 2 years is
Rs.3,008, then the money lent (in Rs.) at the rate of 8% p.a. is:
(1) 10800 (2) 11000 (3) 12000 (4) 12500
SIMPLE INTEREST
Q.46: A sum of Rs. 17,200 is lent out at simple interest in two parts for 2 years at
8% p.a. _and_10% p.a., respectively. If the total interest received after 2 years is
Rs.3,008, then the money lent (in Rs.) at the rate of 8% p.a. is:
(1) 10800 (2) 11000 (3) 12000 (4) 12500
SIMPLE INTEREST
Q.47: A sum of ₹ 15,600 is invested partly at 7% per annum and the remaining
at 9% per annum simple interest. If the total interest at the end of 3 years is
₹3738, how much money was invested at 7% per annum ?
(1) 7700 (2) 7800 (3) 7900 (4) 8000
SIMPLE INTEREST
Q.47: A sum of ₹ 15,600 is invested partly at 7% per annum and the remaining
at 9% per annum simple interest. If the total interest at the end of 3 years is
₹3738, how much money was invested at 7% per annum ?
(1) 7700 (2) 7800 (3) 7900 (4) 8000
SIMPLE INTEREST
Q.48: A sum of 10,200 is invested partly at 8% per annum and remaining at 6%
per annum for 3 years at simple interest. If the total interest is 2,124, how
much money was invested at 6% per annum?
(1) 5400 (2) 5500 (3) 5700 (4) 5800
SIMPLE INTEREST
Q.48: A sum of 10,200 is invested partly at 8% per annum and remaining at 6%
per annum for 3 years at simple interest. If the total interest is 2,124, how
much money was invested at 6% per annum?
(1) 5400 (2) 5500 (3) 5700 (4) 5800
SIMPLE INTEREST
Q.49: A person lends 40% of his sum of money at 15% per annum, 50% of rest
at 10% per annum and the rest at 18% per annum rate of interest, if the
interest is calculated on the whole sum then what would be the annual rate of
interest?
(1) 10% (2) 12% (3) 14.4% (4) 15.1%
SIMPLE INTEREST
Q.49: A person lends 40% of his sum of money at 15% per annum, 50% of rest
at 10% per annum and the rest at 18% per annum rate of interest, if the
interest is calculated on the whole sum then what would be the annual rate of
interest?
(1) 10% (2) 12% (3) 14.4% (4) 15.1%
SIMPLE INTEREST
Q.50: A person invested one-fourth of the sum of ₹25,000 at a certain rate of
simple interest and the rest at 4% p.a. higher rate. If the total interest
received for 2 years is ₹4,125. What is the rate at which the second sum was
invested?
(1) 9% (2) 9.25% (3) 9.5% (4) 10%
SIMPLE INTEREST
Q.50: A person invested one-fourth of the sum of ₹25,000 at a certain rate of
simple interest and the rest at 4% p.a. higher rate. If the total interest
received for 2 years is ₹4,125. What is the rate at which the second sum was
invested?
(1) 9% (2) 9.25% (3) 9.5% (4) 10%
SIMPLE INTEREST
Q.51: If the amount obtained by A by investing Rs 9,100 for three years at a rate
of 10% p.a. on simple interest is equal to the amount obtained by B by
investing a certain sum of money for five years at a rate of 8% p.a. on simple
interest, then 90% of the sum invested by B ( in Rs) is:
(1) 6000 (2) 6142.5 (3) 6300.5 (4) 6400.5
SIMPLE INTEREST
Q.51: If the amount obtained by A by investing Rs 9,100 for three years at a rate
of 10% p.a. on simple interest is equal to the amount obtained by B by
investing a certain sum of money for five years at a rate of 8% p.a. on simple
interest, then 90% of the sum invested by B ( in Rs) is:
(1) 6000 (2) 6142.5 (3) 6300.5 (4) 6400.5
SIMPLE INTEREST
Q.52: ₹21750 is invested by a person in the bank account of his two sons whose
ages are 9 years and 13 years in such a way that they will get equal amount at
an age of 21 years at the rate of 4.5% per annum. Find the share
of younger child.
(1) 10200 (2) 11550 (3) 12000 (4) 12200
SIMPLE INTEREST
Q.52: ₹21750 is invested by a person in the bank account of his two sons whose
ages are 9 years and 13 years in such a way that they will get equal amount at
an age of 21 years at the rate of 4.5% per annum. Find the share
of younger child.
(1) 10200 (2) 11550 (3) 12000 (4) 12200
THANK YOU