Mother's Arithmetic • Simple Interest

Simple Interest [ Part - I ]

1. If the simple interest on ` 400 for 10 years is ` 8% ` 87,750
280, then rate of interest per annum is
` 400 10 ` 280 (A) ` 78,456.34 (B) ` 66,477.2
(C) ` 56,896.98 (D) ` 69,345.6
1 7. A sum of `8,400 amounts to `11,046 at 8.75%
(A) 7% (B) 7 % p.a. simple interest in a certain time. What will
2
be the simple interest (in `) on a sum of `10,800
1 1 at the same rate for the same time?
(C) 7 % (D) 8 %
4 2 `8,400 8.75%
2. The principal which gives ` 1 interest per day `11,046
at a rate of 5% simple interest per annum is: `10,800 (` )
5%
`1 (A) 3,402 (B) 3,204
(A) ` 7,300 (B) ` 3,650 (C) 3,024 (D) 3,420
(C) ` 5,000 (D) ` 36,500 8. In how many years will the simple interest on a sum
3. A certain sum is lent at rate of simple interest 2
5% per annum (365 days) for which he earns ` of money be equal to the principle at rate of 12 %
4
2 per days in form of interest. What is the sum? p.a. ?
5% 365 2
12 %
2 4

(A) ` 1,4000 (B) ` 14,700 (A) 7 years/ (B) 5 years/

(C) ` 14,600 (D) ` 7,300 (C) 8 years/ (D) 6 years/
4. In what time will the S.I. on ` 8000 at a rate of 9. A person deposits ` 8,000 in a bank which pays 8%
3% p.a. will be equal to that on ` 6000 at a rate p.a. simple interest. The amount after 8 years will
of 4% p.a. for 4 years? be :
4% ` 6000 ` 8,000 8%
` 8000 3% 8
(A) ` 12,600 (B) ` 10,784
(A) 5 years / (B) 6 years / (C) ` 13,120 (D) ` 12,545
(C) 3 years / (D) 4 years / 10. ` 2,64,000 is invested for 3 years at 8.25%
5. Three sums x, y, z are in such a manner that y p.a. simple interest. The interest is:
is SI of x and z is SI of y. If time and annual 8.25% 3
rate are same in both conditions, then what is 2,64,000
the relation between x, y, and z?
x, y, z y, x (A) ` 87,120 (B) ` 43,560
z, y (C) ` 21,780 (D) ` 65,340
x, y z 11. At what rate of interest will a sum of ` 4,500 amount
2
(A) z = xy (B) xyz = 1 to ` 6,525 at simple interest for 5 years ?
(C) x2 = yz (D) y2 = zx ` 4,500 5
6. If the present amount is `87,750 with 8% rate ` 6,525
of interest in four years, then what was the (A) 8% (B) 12%
principal amount ? (C) 10% (D) 9%

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 Mother's Arithmetic • Simple Interest
12. The principal on which a simple interest of ` 16. A man invested ` 2400 at 5% simple interest
55 will be obtained after 9 months at the rate and ` 5400 at 9% . After 6 years, what amount
2 (in rupee) will he get from his investments?
of 3 % per annum, is 5% ` 2400 9%
3
` 5400 6
2
3 % 9
3
(A) ` 31,200 (B) ` 83,136
` 55
(A) ` 1000 (B) ` 1500 (C) ` 45,600 (D) ` 11,436
(C) ` 2000 (D) ` 2500 17. A sum of money was invested in a scheme at
13. Anand opened a bank account. He is paid 3% simple interest for a period of T years. The
interest on the average balance but is charged amount received after T years was twice the
a ` 5 monthly charge. Assuming that interest amount invested. How much amount will be
is paid monthly (regardless of the number of received from Scheme A if `5450 is invested
days in the month). Calculate the average bal- for 2T years?
ance you must maintain to offset the ` 5
monthly charge ? A T
3% T
`5 A `5450 2T

(A) `16,290 (B) `15,500

`5 (C) `15,050 (D) `16,350
(A) ` 1000 (B) ` 1500 18. Deepu earns an interest of ` 2880 on a cer-
(C) ` 2000 (D) None tain sum when it is invested for 3 years offer-
14. A money lender claims to lend the money at ing R% simple interest per annum. B earns an
the rate of 10% per annum simple interest. interest of ` 4000 on a certain sum when it is
However, he takes the interest in advance invested for 5 years offering R% simple inter-
when he lends a sum for one year. At what est per annum. Sum invested by Deepu is what
interest rate does he lends the money actu- per cent more than that invested by B?
ally ?
` 2880
10%
R% 3
` 4000
R%
5
1
(A) 10% (B) 11 %
9
(C) 11% (D) 12.5% 2 1
(A) 66 % (B) 33 %
15. The rate of simple interest for the first two years 3 3
is 8% per annum, for the next 4 years, it is (C) 30% (D) 20%
10% percent per annum and for the period
19. A shopkeeper with an overdraft facility at 18
beyond 6 years. It is 12% per annum. If a per-
cent gets ` 18358.60 as simple interest percent with a bank borrowed `15000 on Jan
after 9 years then how much money for (` in) 8, 2011 and returned the money on June 3,
did he invest? 2011 so as to clear the debt. The amount that
8% he paid was
10% 6
12% 9 `
` 18358.60
`
(A) ` 20087 (B) ` 19674 (A) `16080 (B) `16280
(C) ` 19955 (D) ` 19995 (C) `16400 (D) `16380

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 Mother's Arithmetic • Simple Interest
20. Yogendra takes ` 5000 loan for 90 days at 11% .
3
He is able to pay the loan off early, in 65 days. 25. Simple interest on a certain sum becomes of
8
Calculate the money saved by Yogendra?
` 5000 11% 90 1
the principal at the end of 6 years. Find an-
65 4
nual rate of interest?
(A) 37.87 (B) 47.67
1 3
(C) 37.67 (D) None / 6
4 8
21. Arvind invested a sum on 1st January, 2012 at
simple interest rate of 8% per annum in a bank.
He received ` 3144 on 7 August 2012 from (A) 5% (B) 6%
(C) 7% (D) 8%
bank. How much money he invested in bank?
1 8% 26. In what time a sum will double itself at 12%
3,144 7 annual rate of simple interest?
2012 12%

(A) ` 3,080 (B) ` 2,500 (A) 8 Years, 9 months/ 8 9

(C) ` 3,000 (D) ` 3,100 (B) 6 Years, 9 months/ 6 9
22. What is the simple interest on ` 36,000 at 9.5% (C) 8 Years, 4 months/ 8 4
per annum from 5 Jan to 31 May 2013? (D) 7 Years, 6 months/ 7 6
36,000 9.5% 5 31 27. The simple interest on a sum for 5 years is
two- fifth of the sum. The rate of interest per
(A) ` 1,368 (B) ` 1,338 annum is
(C) ` 1,425 (D) ` 1,400 5 2/5
23. If monu takes sum ` 10,000 at 7% for 180
days. If he paid ` 4800 partially paid on 52th (A) 0.1 (B)0.08
day and rest of balance paid on 115th [Link] (C) 0.06 (D) 0.04
the sum of interest paid by monu ?
28. At what percent rate of simple interest will a
` 10,000; 7% 180 sum of money double itself in 15 years?
52 ` 4,800 15
115

1 2 1
(A) ` 162.55 (B) ` 158.73 (A) 6 % (B) 6 % (C) 6 % (D) 6%
3 3 2
(C) ` 162.15 (D) ` 159.99
24. Simple interest of a certain sum for 6 years is 29. In how much time will the simple interest on a cer-

9 6
th of the principal. Find rate of interest? tain sum of money be times of the sum at 20%
25 5
per annum ?
9 20%
6
25
6
5
1 1
(A) 6% (B) 6 % (C) 8% (D) 8 % (A) 5 years/ (B) 8 years/
2 2
(C) 6 years/ (D) 7 years/

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 Mother's Arithmetic • Simple Interest
30. If a sum of money deposited in a bank at 8/25
simple interest is doubled in 6 years, then after
12 years, the amount will be
6 1
12 (A) 8 (B) 6
4
(C) 5 (D) 4
5
(A) times the original amount/ 35. In a special plan, a sum invested at rate of
2
5 simple interest becomes triple in 8 years. How
2 long will it take to make it 4 times?
(B) 3 times the original amount 8
3
7
(C) times the original amount/
2 (A) 11 years 6 months/ 11 6
7
(B) 10 years 8 months / 10 8
2
(D) 4 times the original amount/ (C) 10 years/
4 (D) 12 years/
36. S.I. on a certain sum is equal to the same sum.
41 1 Accordingly what will be the time period, in
31. A sum becomes of itself in years at cer-
40 4 which rate of interest and time is same in
tain rate of simple interest. Find rate percent number?
per annum?
1 41
4 40
1
(A) 8 years/ (B) 8 years/
(A) 10% (B) 1% 2
(C) 2.5 (D) 5% (C) 7 years/ (D) 10 years/

32. In what time a sum become 4 fold at simple 9

37. S.I. on a sum is th of its principal. Accord-
interest rate of 15% per annum? 16
ingly if the annual rate of interest and time
15%
are same in number, then what was the no. of
years for which sum is lent?
(A) 20 years / (B) 30 years / 9
(C) 10 years / (D) 15 years / 16
33. On a certain sum the simple interest for 12.5
years is 3/4 of the sum. Then the rate of in-
terest is— 1 1 1
(A) 5 (B) 6 (C) 7 (D) 7
12.5 2 2 2
3/4 38. If a sum of money at a certain rate of simple
(A) 5% per yr / (B) 6% per yr / interest per year doubles in 5 yr and at a dif-
(C) 7% per yr / (D) 8% per yr / ferent rate of simple interest per year becomes
three of simple interest per year is.
34. The simple interest on a sum of money is 8/ 5
25th of the sum. If the number of years are
numerically half the rate percent per annum,
12
then the rate percent per annum is?

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 Mother's Arithmetic • Simple Interest
(A) 2% (B) 3%
1 1
(C) 3 % (D) 4 %
3 3
39. In how much time would the simple interest
on a principal amount be 0.125 times the prin-
cipal amount at 10% per annum ?
10%
0.125
1 3
(A) 1 yr (B) 1 yr
4 4
1 3
(C) 2 yr (D) 2 yr
4 4
40. A sum of money lent on simple interest tiples
itself in 15 yr and 6 months. In how money
year still it be doubled ?
15 6

(A) 6 yr and 3 months (B) 7 yr and 9 months

(C) 8 yr and 3 months (D) 9 yr and 6 months
41. A sum of money becomes 79/16 times of it-
self in 35 years at r% of SI. What is the value
of r ?
r% 35
79/16 r
(A) 10.5% (B) 11.25%
(C) 10.8% (D) 12.5%
42. The simple interest on a sum of money for 10
year is ` 3130. If the principal becomes 5 times
after 5 years, then what will be the total inter-
est (in `) obtained after 10 years?
10 ` 3130 5
5 10
(` )
(A) 6260 (B) 5650
(C) 7825 (D) 9390

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 Mother's Arithmetic • Simple Interest

Solution
280  100 8400
8.75 t
1. (A) Rate = = 7% 7. (A) 11046–8400 =
400  10 100
 84 × 8.75 t = 2646
2. (A) ATQ,  t = 3.6 years
 5  3.6
  % of x = ` 1 SI = 10800 × 8.75
 365  100
= `3402
365
x=  100 = ` 7300 100
5
8. (C) Time = 50 = 8 years
3. (C) Interest = 2 ` per day
4
Total interest in 365 days = 2 × 365
= `730 164
9. (C) Amount = 8000 × = ` 13,120
Rate = 5% 100
Time = 365 days = 1 years 10. (D) Given,
P = 264000 T = 3 years R = 8.25%
730  100
So, sum = = ` 14600 P R T
5 1 SI =
100
4. (A) Let time = t years
264000 8.25 3
ATQ, =
100
6000  5 4 8000  3  t = ` 65340
=
100 100 11. (D) I = 6525 – 4500 = 2025
 t = 5 years 4500 5 R
2025 =
5. (D) Let time = t and Rate is = r % 100
R = 9%
Accordingly to question–
12. (C) Let P be the principal amount
xrt
y= ...(i) 9
100 Given, SI = ` 55, time(t) = yr
12

y r  t 2 11
z= ...(ii) and rate(r) = 3 %= %
100 3 3
P r t SI 100 55 100
Dividing eq. (i) by eq. (ii)  SI = P = =
100 r t 11 9
y x ×3×12
= = 5 × 100 × 4 = 2000
z y
 Principal (P) = ` 2000
 y2 = xz
13. (C)
6. (B) ATQ
P 4 8
P+ = 87750 P R T
100
(?) (3%) (1/12)
132P
= 87750
100
P = 66477.2

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 Mother's Arithmetic • Simple Interest

I 100 5 100 96000

P=
RT 1 = ` 2000 P1 = `
R
3
12
Case II :
14. (B) P.A. Interest
100  10 4000 100
P2 =
R 5

80000
10 1 P2 = `
90  100 = 11 % R
90 9
 Required per cent
15. (C) 2 year SI% = 16%
4 year SI% = 40% 96000 – 80000
3 year SI% = 36% = R × 100
80000
92%  18358.60
R
18358.60
P= × 100
92 16000
= × 100 = 20%
P = 199.55 × 100 = 19955 80000

2400 5 6 5400 9 6 19. (A) Time = (23+28+31+30+31+3) days

16. (D) SI = +
100 100 2
= 146 days = years.
= 720 + 2916 5
Total SI = 3636
Total amount = 3636 + 7800 2 1
 S.I. = ` 15000 18 `1080.
= 11436 5 100
A = 15000 + 1080 = `16080
17. (D) Let ,
Rate = R 11 90
20. (C) Interest for 90 days = 5000 × ×
Time = T years 100 365
Interest = `P = ` 135.62
100 11 65
R= Interest for 65 days = 5000 × ×
T 100 365
second case = ` 97.95
T = 2T  Yogendra saved = 135.62 – 97.25
= ` 37.67
P = `5450
21. (C) Let principal = x
P R T 5450 2T 100
Interest = = 30  29  31  30  31  30  31  7
100 T 100 Time =
366
= `10900
= Amount = `10900 + `5450 = `16,350 219
= yr
366
18. (D) Case I :
Rate = 8%
Interest 100 ATQ,
P=
Time Rate x  8 219
3144 – x =
366  100
2880 100
P1 =  x = ` 3000
3 R

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 Mother's Arithmetic • Simple Interest

36000  9.5  146 6P P 20 T

22. (A) Interest = = ` 1368 =
365  100 5 100
T = 6 years
23. (A) Day 52
30. (B) 100 6 yrs 6 yrs
PRT 7 52 200 300
I= = 10,000 × × = ` 99.73 S.I. = 100 S.I. = 100
100 100 365
Balance = 10,000 – 4,800
3 Times
= ` 5,200
Day 115 31. (A) Let principal = p
PRT 7 63 41
I= = 5200 × × = ` 62.82 amount = p
100 100 365 40
Total interest paid = ` 99.73 + ` 62.82 = ` 162.55 p
Interest =
24. (A) Let principal = 25; T = 6 years; Interest = 9 40
9  100 1
 R= = 6% time = year
25 6 4
p
3  100  4 100
25. (B) R= = 6% 40
8  25 So, Rate = 1 = 10%
p
4
26. (C) Principal = 100 (Let); Amount = 200; rate = 12%
Simple Interest = 100
(4P  P)100
100  100 25 1 32. (A) Time = = 20 years
Time = = =8 P 15
100  12 3 3
means 8 years 4 months 33. (B) P.A. : Interest
4 : 3
27. (B) According to question
2 P r 5 3 100 3
P R= 100 = 6%
5 100 25 50
4
2
200
r= 8
25 p r T
34. (A) Simple interest = = P
8 100 25
r = 8% = = 0.08
100 prr 8
  p
100  2 25
28. (B) Pricncipal Amount
100 200 r = 8%
35. (D) Money becomes 3 times in 8 yrs.
S.I.= 100 Let principal = P; Amount (A) = 3P; Interest =
Time = 15 yrs. 2P
2P  100
S.I.  100 100 100 2 So, R =
Rate = = =6 % 8 P
PT 100 15 3
 R = 25%
6 3P  100
29. (C) SI = P When money becomes 4P  T = = 12
5 P  25
R = 20% Years
PRT 2nd Method
SI =
100 4 yr
P  4 yr
 2P  4 yr
 3P   4P
Required time (T) = 12 yers

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 Mother's Arithmetic • Simple Interest

Simple Interest [Part - IV]

1. Two equal sums are deposited in bank at 5. X and Y has given equal money at rate of 7.5%
simple interest rate of 15% per annum for per annum for 4 years and 5 years respec-
tively. If difference between the interests is `
1 150 then what was the money given to each of
3 years and 5 years. If difference between
2 them?
their interests is ` 144, then each sum is– X Y %
15% `
1 150
3 `
2 (A) ` 500 (B) ` 1,000
144 (C) ` 2,000 (D) ` 3,000
(A) ` 460 (B) ` 500 6. Ram deposited a certain sum of money in a
(C) ` 640 (D) ` 720 company at 12% per annum simple interest for
4 years and deposited equal amount in fixed
2. A sum becomes ` 3264 from ` 2400 in 4 years deposit in a bank for 5 years at 15% per annum
at a certain rate of simple interest. If rate of simple interest. If the difference in the interest
interest is increased by 1% , what will be the from two sources is ` 1350, then the sum
amount in same time? deposited in each case is:
4 ` 2400 ` 12%
3264 1%
15%
(A) ` 3,288 (B) ` 3,312 ` 1350
(C) ` 3,340 (D) ` 3,360
(A) ` 5000 (B) ` 4000
3. A sum becomes ` 920 from ` 800 at rate of (C) ` 3000 (D) ` 6500
simple interest in 3 years. If rate is increased
by 3% , then what will be the amount in same 7. A sum is lent on certain simple interest rate
time? for 3 years. If it is lent at rate of 2.5% per an-
num more than previous rate, then interest
3 ` 800 ` 920
received would be ` 540 more find the sum lent?
3%

%
(A) ` 992 (B) ` 962
`
(C) ` 942 (D) ` 982
(A) ` 6400 (B) ` 6472
4. A and B borrows ` 2000 and ` 3000 respec- (C) ` 6840 (D) ` 7200
1
tively on same interest rate for 2 years. If B 8. A sum is invested at certain simple interest
2
paid ` 125 more interest than A, find rate of rate for 2 years. If it is invested at rate 1% more
then interest earned will be ` 24 more. Find
interest?
the sum invested?
A B ` 2000 ` 3000
1
2 B A ` 125 1% `
2

(A) 7% (B) 8% (A) ` 1200 (B) ` 1050

(C) 6% (D) 5% (C) ` 1000 (D) ` 9600

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 Mother's Arithmetic • Simple Interest
9. Devansh took a certain amount as a loan from 13. A person invested a sum of ` 18600 at x% p.a.
a bank at the rate of 8% p.a. simple interest and another sum that is twice the former at (x
and gave the same amount to Bhuvi as a loan + 2)% p.a., both at simple interest. If the total
at the rate of 12% p. a. If at the end of 12 interest earned on both investments for 3½
years, he made a profit of ` 960 in the deal, years is ` 23110.50, then the rate of interest
then the original loan amount was— p.a. on the second investment is:
8% ` 18600 x%

` (x + 2)%
3½ ` 23110.50
(A) ` 3356 (B) ` 1000 (CPO - 2019)
(C) ` 2000 (D) ` 3000 (A) 11% (B) 10.5% (C) 13% (D) 12.5%
10. Amit invested a sum of ` 80,000 in 3 banks A, 14. A person invested a sum of `10,500 at x% per
B and C @ 15% , 16% and 27% . Amount in- annum at simple interest and a sum of `13,500
vested in bank A is 20% of the amount in- at (x + 2)% p.a. at simple interest. If the total
vested in C. Find the amount invested in bank interest earned on both the investments for 3
B if he earns a interest of ` 36,400 as SI in two years is `7,650, then the rate of interest on
years. the first investment is:
A, B C 15% , 16% , 27% ` 10,500 x%
` 80,000 A C ` 13,500 (x + 2)%
20% B
` 36,400 ` 7650
(A) ` 20,000 (B) ` 50,000 (A) 8% (B) 8.5% (C) 9% (D) 9.5%
(C) ` 10,000 (D) None /
15. A certain sum (in Rs.) is invested at simple
11. The difference of simple interest on a sum of interest at x% p.a. for 5 years. Had it been
money for 8 years and 10 years is ` 200. If the invested at (x + 5)% p.a., the simple interest
rate of interest is 10% p.a, then what is the would have been Rs.9,200 more than the ear-
sum of money ? lier one. What is the sum?
` ( ) x% 5
200 10% (x + 5)%
(CHSL - 2019)
(A) ` 1, 000 (B) ` 1, 400
Rs.9,200
(C) ` 1, 600 (D) ` 1, 200
(A) Rs.36,800 (B) Rs.40,000
12. A certain sum (in `) is invested at simple in- (C) Rs.36,400 (D) Rs.35,800
terest at y% per annum for 3½ years. Had it
been invested at (y + 4)% per annum at simple 16. A sum of ` 800 becomes ` 956 at a certain
interst, it would have fetched ` 4,452 more as rate of simple interest in 3 years. If rate of in-
interest. What is the sum ? terest is increased by 4% , then what will be
(` ) y% the amount of a sum of ` 800 in 3 years?
800 3 956
3½ (y + 4)%
4% 800
` 4,452
3
(A) ` 1020.80 (B) ` 1025
(A) ` 42,400 (B) ` 31,800
(C) ` 30,400 (D) ` 42,800 (C) ` 1052 (D) ` 1050

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 Mother's Arithmetic • Simple Interest
17. If the rate increases by 2% the simple interest 21. A banker lends ` 4000 at simple interest to cus-
received on a sum of money increases by ` tomer. The rate of interest for the first year is
108. If the time period is increased by 2 years,
the simple interest on the same sum increases x% , for the second year is (x + 3)% , for the third
by ` 180. Find the sum? year (x + 6)% and so on. At the end of sixth year
2% customer pays ` 7480 to banker and clear his
` 108 debt. Find the value of x?
` 180 ` 4000
x% , (x + 3)%
(A) ` 540 (B) ` 415 (C) ` 404 (x + 6)%
(D) Data is not sufficient
` 7480
18. If the annual rate of simple interest increases x
from 11% to 17½% then a person's yearly in-
(A) 8 (B) 7
come increase by ` 1,071.20. The simple in-
terest (in `) on the same sum at 10% for 5 year (C) 6 (D) 11
is:
11% 17½% 22. The simple interest on a certain sum of money
` 1,071.20 borrowed for four years at the rate of 9.5% p.a.
5 10% is ` 225 more than the simple interest on the
` (CPO – 2020) same sum of the money borrowed for three
(A) ` 16,480 (B) ` 9,120 years at the rate of 12.5% p.a.. Find the amount
(C) ` 7,250 (D) ` 8,240 borrowed.
19. A person invested some amount at 15% 9.5% 4
simple interest and some at 20% simple in- 12.5% 3
terest. He received yearly interest of `250.50. ` 225
But if he had interchanged the amounts in-
[CHSL 2020]
vested he would have received `10 more as
interest. How much did he invest at 15% (A) ` 45000 (B) ` 35000
simple interest? (C) ` 42000 (D) ` 48000
15% 20%
`250.50 23. A sum of ` 4000 at the rate of x% p.a. simple
interest becomes ` 5008 in three years. If the
`10 rate of interest becomes (x + 2.6)% then find
15% the revised maturity amount.
(A) ` 630 (B) ` 830 x% ` 4000 `
(C) ` 770 (D) ` 940 5008 (x + 2.6)%
20. Ronni invested ` P in a scheme A offering simple [CHSL 2020]
interest at 12% per annum for two years. He
(A) ` 5330 (B) ` 5420
invested the whole amount he received from
scheme A, in another scheme B offering simple (C) ` 5200 (D) ` 5320
interest 15% per annum for two years. If the
difference between the interest earned from 24. Ratio of principal and amount at certain SI rate
scheme A and B was ` 264, what is the value for certain time is 4 : 5. After 3 years, ratio
of P? becomes 5 : 7 at same interest rate. What is
A `P 12%
rate of interest?
A
B
15% A
B ` 264 P
(A) ` 2640 (B) ` 2000 (A) 4% (B) 6%
(C) ` 2250 (D) ` 1800
(C) 5% (D) 7%

MATHS (SSC, CDS, Railway) "MATHS With PAWAN RAO" 3

 Mother's Arithmetic • Simple Interest
25. A certain rate in interest for certain time a cer-
tain sum gives the ratio of principal amount
and amount 4 : 7 respectively. For same sum
it same of interest in 3 year now ratio become
5 : 11. Find out the rate of interest.

(A) 16 (B) 17
(C) 14 (D) 15

26. If the ratio of principal and amount in current

year at simple interest is 6 : 13 ahd after 18.5
more years this ratio will beocme 5 : 17. Fin
dht rate of simple interest?

6 : 13 18.5
5 : 17
1 2
(A) 5 (B) 7
5 4

2
(C) 6 (D) None of these
3

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"MATHS With PAWAN RAO" Join
 Mother's Arithmetic • Simple Interest

Solution
1. (C) Difference in time () = Difference in S.I. 100
7. (D) Principal (P)=
1 1 3 Diff. in Rate( R) Time
5 3  1  years
2 2 2 540  100
=
S.I .  100 2.5  3
So, Principal (P) = = ` 7200
R  T

144  100 Difference in S.I. 100

=  640 8. (A) Principal (P) =
3 Diff. in Rate( R) Time
15   
2 24  100
=  1200
1 2
2. (D) If rate increased by 1% in 1 yr
then 4% increase in 4 yrs. 9. (C) ATQ,
Extra interest due to extra rate
P 12 12 P 8 12
2400  4 = 960
= = ` 96 100 100
100
 144P – 96P = 960 × 100
Then, amount becomes = 3264 + 96 = ` 3,360
 48P = 960 × 100
3. (A) Time = 3 years; Interest = 120  P = 2000
120  100 10. (A) Let amount invested in banks A, B and C be as
Rate = = 5%
3  800 below
Now, rate is increased by 3% A = x, C = 5x and B = 80,000 – 6x
So, new rate = 5 + 3 = 8% ATQ,
800  8  3
So, Amount = 800 + = ` 992 x 15 2 80000 6x 16 2
100
100 100
4. (D) Accordingly to question–
5x 27 2
3000  R  5 2000  R  5 + = 36,400
– = 125 100
2  100 200 On Solving we have x = 10,000
 C = 50,000
50
 R = 125 A = 10,000
2 & B = 20,000
 R = 5%
200 100
Difference of interest 11. (A) Principal = = ` 1000
5. (C) sum of each = R t
×100 10 2
150 12. (B) ATQ,
=  100 = ` 2,000
7.5 1
7 y 4 y
P× × = 4452
6. (A) Let sum deposited = P 2 100
P 15 5 P 12 4 P 74
 =4452
100 100 200
 P = ` 31800
= 1350
13. (D) ATQ,
P
 × (75 – 48) =1350 1 7
100 As, 3 = years
2 2
1350 100
 P= = `5000 18600 x 7 2 18600 x 2 7
27
+
2 100 2 100
= 23110.50

MATHS (SSC, CDS, Railway) "MATHS With PAWAN RAO" 5

 Mother's Arithmetic • Simple Interest
After solving for x  100 16480
x = 10.5%
 Interest rate on second investment 16480 5 10
= x + 2 = 12.5% So, S.I. =
100
14. (D) 10500 × x% × 3 + 13500 × (x + 2)% × 3 = 7650 = ` 8240
10500 × x × 3 + 13500 (x + 2) × 3 = 765000
19.(B) I II
210x + 270x + 540 = 5100
15%  20%  `250.5
x = 9.5%
 –5% +`10
15. (A) Let sum = ` P
20%  15%  `260.5
ATQ,
 –5% +`30
P x 5 5 P x 5
= 9200 35%  0  `290.5
100 100
35%  290.5
5
P× [x + 5 – x] = 9200 290.5
100 100%  × 100 = ` 830
35
P = ` 36,800
16. (C) T = 3 years 20.(B) Case I
P = 800
A = 956 Pr incipal Time Rate
S.I.=
100
SI  100 156  100
R = =
PT 800  3 P 2 12 24P
= =`
13 100 100
= %
2
If rate increases by 4% 24P 124P
C.I. = P =`
3 21 100 100
Now rate = +4= %
2 2 Case II
21 3
Amount = 800 + 800 × × = `1052 124P 15 2 372P
2 100 S.I. = =`
100 100 1000
17. (D) Let the sum be ` P, rate be R% p.a. and
time be T years ATQ,

P T R 2 P T R 372P 124P
Then, = 108 ..... – = 264
100 100 1000 100
(1)
And 372P – 240P
= 264
P R T 2 P R T 1000
= 180 .... (2)
100 100 132P = 264 × 1000
Clearly, from (1) and (2), we cannot find the
value of P. 264 1000
So, the data is not sufficient P= = `2000
132

1 21.(B) x% , (x + 3)%, (x + 6)%, (x + 9)%, (x + 12)% , (x +

18. (D) 11%  17 % 15)%
2
Total interest (6x + 45)% = 87%
1 13 6x = 42%
Change 6 % =  1071.20
2 2 4000 : 7480
1 164.80 100 : 187

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"MATHS With PAWAN RAO" Join
 Mother's Arithmetic • Simple Interest
 x=7
37
22.(A) SI1% = 9.5 × 4 = 38% 1 year SI = =2
18.5
SI2% = 12.5 × 3 = 37.5%
Difference = .50 = 225 2 20 2
1 year SI = × 100 = = 6 %
225 30 3 3
P= × 100 × 100
50
= 450 × 100 = 450000

4000 2.6 3
23.(D) Extra money =
100
= 40 × 7.8
= 312
Revised maturity amount = 5008 + 312
= 5320

24. (C) Principal : Amount = 4:5

= 4×5:5×5
= 20 : 25
After 3 years Principal : Amount = 5 : 7
5×4 : 7×4
20 : 28
Increase in 3 years = 28 – 25 = 3

Interest 100
% Interest = Principal time

3  100
=  5%
20  3

25. (D) P : A1 = 4:7

After 3 years  P : A2 = 5 : 11
P : A1 : A2 = 20 : 35 : 44
3 years Interest = 9
1 year interest = 3

3
Rate = 100 = 15%
20

26. (C) 6 : 13
5 : 17
Principal should be same
6 : 13 (×5)
5 : 17 (×6)

30 : 65
18.5 × year
30 : 102
18.5 = 37

MATHS (SSC, CDS, Railway) "MATHS With PAWAN RAO" 7

 Mother's Arithmetic • Simple Interest

Simple Interest [ Part - V,VI ]

Type 5 8.5 `
35
1. ` 1500 is lend in two parts in such a manner 10%
that simple interest on one part at rate of 10%
per annum for 5 years is equal to simple in-
terest at rate of 12.5% per annum for 4 years.
Find the sum lent at 12.5% ? (A) ` 17.5 lakhs/ (B) ` 21 lakhs/
` (C) ` 15 lakhs/ (D) ` 20 lakhs/
10% 5. Anil lent out two equal sums in two parts at
12.5% the rate of 8% and 7% per annum on simple
interest. If the former is recovered 6 months
12.5%
earlier than the later. And he received equal
(A) ` 500 (B) ` 1000 amounts of ` 2560 each from both the parts.
(C) ` 750 (D) ` 1250 Find the principal?
2. The simple interest on ` 4,000 in 3 years at 8% 7%
the rate of x% per annum equals the simple
interest on ` 5,000 at the rate of 12% per ` 2560
annum in 2 years. The value of x is
` 4,000 3 x% ` 5,000
(A) ` 4000 (B) ` 2000
12% x
(C) ` 1000 (D) None
6. A sum of ` 7,930 is divided into 3 parts and
(A) 10% (B) 6%
given on loan at 5% simple interest to A, B and
(C) 8% (D) 9%
C for 2,3 and 4 years respectively. If the
3. If A borrowed ` P at x% and B borrowed ` Q at amounts of all three are equal after their re-
y% per annum at simple interest at the same spective periods of loan, then loan received
time, then the amount of their debts will be by A was ?
equal after how many years? ` 7,930 A, B
A ` x% `P B y% ` C
Q (>P)

A
Q P Px Qy
(A) 100 (B) 100 (A) ` 2,760 (B) ` 3,050
Px Qy Q P
(C) ` 2.800 (D) ` 2,750
Px Qy P Q
(C) 100 (D) 100 7. A person divided a sum of Rs. 17,200 into
P Q Px Qy
three parts and invested at 5% . 6% and 9^
4. A father left a will of ` 35 lakhs between his per annum simple interest. At the end of two
two daughters aged 8.5 years and 16 years years, he got the same interest on each part
such that they will get equal amounts when of money. What is the money invested at 9% ?
each of them reach the age of 21 years. The `
original amount invested at 10% p.a. Simple
interest. How much did the elder daughter get
at the time of the will?

MATHS (SSC, CDS, Railway) "MATHS With PAWAN RAO" 1

 Mother's Arithmetic • Simple Interest
(A) ` 3200 (B) ` 4000 (A) ` 25,000 (B) ` 27,000
(C) ` 4800 (D) ` 5000 (C) ` 28,000 (D) ` 30,000
8. Simple interest on ` 4,000 at rate of x% per
annum for 3 years is equal to simple interest Type 6
on ` 5000 at rate of 12% per annum for 2 years.
12. If a man receives 1/4th part of his capital at
Find the value of x? rate of 3% simple interest, again 2/3rd part
4,000 x% 3 at 5% rate of simple interest and remaining
5,000 12% 2 part at rate of 11% . What is the rate of inter-
x est of total sum received?
1 2
(A) 10% (B) 6% 3%, 5%
4 3
(C) 8% (D) 9%
11%
9. Two equal sums are lent at 10% and 8% simple
interest p.a. respectively, at the same time. (A) 4.5% (B) 5%
The first sum is received 2 years earlier than (C) 5.5% (D) 5.2%
the second one and the amount received in
each case was ` 36,900. Each sum was.... 13. A man deposits ` 500 for 4 years and ` 600 for
3 years at simple interest rate in a bank. He
10% 8%
receives total interest of ` 190 on both. What
is the annual rate of interest?
2 4
` 36,900 `500 3 ` 600
(A) ` 20,500 (B) ` 20,200 ` 190
(C) ` 18,100 (D) ` 21,500
(A) 4% (B) 5%
10. Two equal sums were lent on simple interest (C) 2% (D) 3%
at 6% and 10% per annum respectively. The
14. Two equal sums are lent at 7% and 5% simple
first sum was recovered two years later than
interest rate respectively. Total interest earned
the second sum and the amount in each case
on both loans is ` 960 in 4 years. What is the
was `1105. What was the sum (in `) lent in
total sum lent?
each scheme?
7% 5%
6% 10%
4 ` 960

`1105
(A) ` 2000 (B) ` 2500
(` ) [CGL 2020]
(A) 850 (B) 936 (C) ` 4000 (D) ` 3000
(C) 891 (D) 900 15. ` 500 is invested at simple interest rate of 12%
11. A man invests an amount of ` 1,05, 750 in the per annum and another sum is invested at
name of his son, daughter and his wife at 10% per annum. If total received interest is `
simple interest in such a way that they get 480 from both sums after 4 years, then what
equal interest after 3, 4 and 5 years respec- is another sum?
tively if the rate of interest is 5% per annum, ` 500 12%
Then find the amount invested for the wife. 10%
` 1,05,750
`
3, 4 5 (A) ` 450 (B) ` 750
5% (C) ` 600 (D) ` 550
Competitive Exams Pdf Notes Previous Years Questions 2
"MATHS With PAWAN RAO" Join
 Mother's Arithmetic • Simple Interest
16. Dalajit lent ` 10800 to Jaabir for 3 years and 6% 7%
` 7500 to Kabir for 2 years on simple interest
` 354
at the same rate of interest and received `1422
in all from both of them as interest. The rate
of interest per annum is—
`
` (A) 2200 (B) 2500
` (C) 2700 (D) 3200
(A) 3.5% (B) 4%
21. Mr. Anil borrows a sum of ` 1200 at the begin-
(C) 3% (D) 4.5%
ning of a year. After 4 months ` 1800 more is
17. Damodar lent Rs 10600 to Jaafar for 4 years borrowed at a rate of interest double the pre-
and ` 7300 to Kailas for 3 years on simple vious one. At the end of the year, the sum of
interest at the same rate of interest and re- interest on both the loans is ` 216. What is
ceived ` 2250.5 in all from both of them as the first rate of interest per annum ?
interest. The rate of interest per annum is— ` 1200
`
` 1800
`
`
` 216
(A) 4 Percent / (B) 4.5 Percent /
(A) 9% (B) 6%
(C) 5 Percent / (D) 3.5 Percent /
(C) 8% (D) 12%
18. Jayesh borrowed a sum at rate of 6% per an-
22. At simple interest a person invests some
num for first 3 years, 8% for next 5 years and
amount at 5% per annum and another amount
at rate of 10% per annum after 8 years. If he
at 9% per annum. If two-thirds of the first
pays ` 7840 at the end of 12 years, find the
amount is equal to the four-fifths of the sec-
sum borrowed?
ond amount, and total interest earned in 2
6% 8% years is ` 2070. What was the total sum in-
10% vested ?
` 5%
9%
(A) ` 12,000 (B) ` 9,000 4/5
(C) ` 6,000 (D) ` 8,000 ` 2070
19. A certain sum of money amounts to ` 2200 at
5% interest, ` 2320 at 8% interest in the same (A) ` 18000 (B) ` 17500
period of time. The period of time is— (C) ` 15180 (D) ` 15240
5% ` 2200
23. A person invested some amount at the rate of
8% ` 2320
12% simple interest and the remaining at 10% .
(A) 2 years / (B) 4 years /
He received yearly an interest of ` 130. Had
(C) 5 years / (D) 3 years / he interchanged the amounts invested, he
20. Gaurav and Rohan invested some money at would have received an interest of ` 134. How
6% & 7% per annum respectively at simple much money did he invest at different rates ?
interest. At the end of 2 years they found that
together they receive ` 354 as interest. One
`
fourth of Gaurav's initial investment is equal
to one fifth of the money invested by Rohan. `
Find the total money invested?

MATHS (SSC, CDS, Railway) "MATHS With PAWAN RAO" 3

 Mother's Arithmetic • Simple Interest
(CDS 2010(I))
(A) ` 500 at the of 10% ` 800 at the rate of 12%
(B) ` 700 at the of 10% ` 600 at the rate of 12%
(C) ` 800 at the of 10% ` 400 at the rate of 12%
(D) ` 700 at the of 10% ` 500 at the rate of 12%

24. Sudeep invested 1/8 of a certain sum at 5%

p.a. for two years and 3/5 of the sum at 6%
p.a. for two years and the remaining at 10%
p.a. for two years. If the total interest received
is ` 1,674, then the total sum invested is:
1/8 5%
2 3/5
6% 2
10% 2
` 1,674
(CPO – 2019)
(A) ` 12,500 (B) ` 12,000
(C) ` 10,500 (D) ` 13,000
25. A sum of ` 12,800 is invested partly at 15%
per annum and the remaining at 12% per an-
num simple interest. If the total interest at the
end of 3 years is ` 5,085, then how much
money was invested at 15% per annum?
12,800 15% 12%
3
5085 15%
(CPO – 2019)
(A) ` 5,200 (B) ` 7,500
(C) ` 5,800 (D) ` 5,300

Competitive Exams Pdf Notes Previous Years Questions 4

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 Mother's Arithmetic • Simple Interest

Solution
Type 5 x +
x 5
+ x + x = 35L 1
5
2 4 4
1. (C) Let First part = x
Then Second part = (1500 – x) 15x 9
Accordingly to question–  = 35L ×
4 4
x 10 5 (1500 x ) 12.5 4 x = 21 L
=
100 100 5. (A) I part II Part
 x = 1500 – x P P
1500 @ 8% @ 7%
 x = = ` 750
2 1
Or For t years t years
2
SI % of First part = 10% × 5 From both parts we are receving equal
= 50% amounts, therefore SI will be same
S.I.% of Second part = 12.5% × 4
= 50% 1
P 8 t
 Both S.I.% is equal then amount will be same Hence 2 P 7 t
when principal is also same. 100 100
1500  8t – 4 = 7t
So, Each part = = ` 750
2 t = 4

2. (A) ATQ, P 7 4
Given P + = 2560
100
4000 3 x 5000 2 12 5 2 12
 x = P = 2000
100 100 4 3 So, Total Principal = 2 × 2000 = 4000
= 10% per annum
3. (A) A B 110 115 120
6. (A) ATQ, A   B  C
Borrowed = P Borrowed = Q 100 100 100
Rate = x% Rate = y%  A : B : C = 276 : 264 : 253
ATQ, 7930
PxT QYT A/s share = × 276
793
P+ = Q+
100 100 = ` 2760
PxT QYT 7. (B) Let sum invested @5% be P1, @ 6% be P2
 – =Q –P
100 100 then @ 9% = 17200 – (P1 + P2)
100 Q P 2 2 6
T = P1 × 5 × = P2 × 6× or P1 = P2
Px Qy 100 100 5
2
4. (B) Total Amount = 35L Also P2 × 6 × = [17200 – (P1 + P2)]
Elder daughter's amount = x 100
Younger daughter's amount = 35L – x 2
Rate = 10% ×9×
100
at age of 21 year = A1 = A2
Time for elder daughter = 21 – 16 = 5 yrs 11
Time for younger daughter = 21 – 8.5 = 12.5 yrs Or 2 P2 = 17200 P2 × 3
5
x 10 5 35L x 10 12.5
 x+ = (35L–x)+ 33
100 100 Or 2 P2 = 17200 × 3
5
x 125 125
x+ = 35L – x + (35L) – x
2 100 100

MATHS (SSC, CDS, Railway) "MATHS With PAWAN RAO" 5

 Mother's Arithmetic • Simple Interest

P2 = 17200 × 3 ×
5
= 6000
Type 6
43
12. (B) Let total principal = ` 1
6 Accordingly to question–
So P1 = = P2 = 7200
5 1 2 1 2
So sum invested @ 9% = 17200 – (6000 + = × 3% + × 5% + [1– – ] × 11%
4 3 4 3
7200) = ` 4000
3 10 1 
8. (A) Accordingly to question– = %+ % +   11%
4 3 12 
4000  x  3 5000  12  2
= 9  40  11 60
100 100 = %= % = 5%
 120x = 1200 12 12
 x = 10%
13. (B) Let Rate = R%
9. (A) SI RT  Rate  10 : 8 Accordingly to question–
Time  8 : 10 500  R  4 600  3  R
Diff. 2  2 years + = 190
100 100
 Time = 8 years and 10 years
 20R + 18R = 190
Amount = 100% + 10 × 8%
 R = 5%
= 180%  ` 36900
1%  ` 205 14. (C) Let sum was x Rs.
100%  ` 20,500 ATQ,
10. (A) R 6 : 10 x7  4 x 5  4
+ = 960
T 10 : 6 100 100
 28x + 20x = 960 × 100
 48x = 960 × 100
4  2  x = ` 2000
2  1 Total sum = 2x = ` 4000
6 10 15. (C) Let x is the invested at 10%
Total SI% = = 30%
2 Accordingly to question–
Amount = 100% + 30% = 130% 12 10
500 4 x 4 = ` 480
1105 100 100
P= × 100
130
2
= 8.5 × 100  240 + x = 480
5
= ` 850
2
11. (A) P1, P2 & P3 respectively son, daughter and  x = 240
wife shares 5
P1 3 5 P2 4 5 P3 5 5 240  5
= =  x =  600
100 100 100 2
P1 P2 P3 16. (C) ATQ,
= =
20 15 12 10800  3 × R 7500  2  R
  
105750 12 100 100
P3 = Wife =
47  324R + 150R = 1422
Wife's share = 2250 × 12  474R = 1422
= ` 27,000  R = 3%
17. (D) Let Rate of interest = R%
10600 4 R 7300 3 R
Total Interest = +
100 100

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"MATHS With PAWAN RAO" Join
 Mother's Arithmetic • Simple Interest
 2250.5 = 424 R + 219 R 22. (C) Let amount invested at 5% interest is x and at
9% interest is y
2250.5
 R= = 3.5% ATQ,
643
2 4
18. (D) Time for sum taken at 10% rate = (12 – 3– 5) = 4 x× =y×
3 5
years
SI % = Rate% × Time = 3 × 6% + 8% × 5 + 10% × 4 6
x= y ...(i)
= 18% + 40% + 40% = 98% 5
S.I. 100 Interest after two year ...(ii)
Principal (P) = 5 9
SI =x× 2 y × 2 = 2070
7840  100 100 100
= x 18y
98  = 2070
= ` 8000 10 100
By eq. (i)
19. (A) (8 – 5)% = 2320 – 2200
30
3% = 120 y = 2070
1% = 40 100
5% = 200 y = 6900
So, Principal = (2200 – 200) = 2000 Now total invested money
PRT 6
S.I. = = × 6900 + 6900 = 15180
100 5
2000 5 T 23. (D) Let the person invested amounts x and y
200 = into two different rates of interest.
100
200 x 12 1 y 10 1
T = = 2 years   = 100
100 100 100
P r t
20. (C) G : R SI
6% 7% 100
Let principal x y  12x +10y = 13000
ATQ, .........................(i)
x y y 12 1 x 10 1
and + = 134
4 5 100 100
x 4  12y + 10x = 13400
 ......................(ii)
y 5 On solving Eq (i) and (ii) we get
x 6 2 y 7 2 x = ` 500 and y = ` 700
Total interest = 354 =
100 100 24. (B) Let total sum invested be = x
4 6 2 14 ATQ,
354 = y x 5 2 3x 6 2 11x 10 2
5 100 100 = 1674
y = 1500 and x = 1200 8 100 5 100 40 100
So, Total principal = x + y = 1200+1500= ` 2700 x 9x 11x
= 1674
21. (B) Let the rate of interest = R% 80 125 200
1200 R 1 279x
Interest on ` 1200 for 1 yr = = 12R = 1674
100 2000
Interest on 1800 rupee for 8 months [Rate = x = 12000
1800 2R 8
2R%] = = 24R x 15 3 12800 x 12 3
100 12 25. (D) + = 5805
Total Interest = 216 = 12R + 24R 100 100
216  x = 5300
R= = 6%
36

MATHS (SSC, CDS, Railway) "MATHS With PAWAN RAO" 7

 Mother's Arithmetic • Simple Interest

Simple Interest [ Part - VII ]

1. ` 1720 to be paid in 4 equal installments in 4 6. A sum of ` 16000 which was borroewed 3 years
years. Find each installment if rate of interest ago hence is fully repaid in 3 annal installment
is 5% per annum.
1
` 1720, 4 first installment is of the 2nd installment and
2
5%
(A) ` 420 (B) ` 520 2
2nd installment is of third installment. If the
(C) ` 500 (D) ` 400 3
ratio of simple interest is 10% per annum. Find
2. A man wants to purchase a T.V. of ` 9000. He the value of second installment.
paid ` 2200 at the time of purchasing and Rest ` 16000 3 3
amount will be paid in 5 monthly installment
of ` 1400. Find Rate of interest ?
` 9000 ` 2200 2
` 1400 3
10%
(A) 12% (B) 6% (A) ` 7000
(C) 8% (D) 10% (B) ` 6000
(C) ` 7500
3. Robin borrows ` 10 and returen in 11 monthly (D) ` 6500
installment of ` 1 for next 11 months. Find the
rate of simple interest annually. 7. A mobile is sold for ` 4400 cash or for ` 2000
cash down payment together with ` 2440 to be
` 10 11 ` 1 11
paid after one month. Find the rate of interest
changed in the installment scheme.
` ` `
8 7
(A) 21 % (B) 21 %
11 11
(A) 20% (B) 18%
9 6
(C) 21 % (D) 21 % (C) 15% (D) 19%
11 11
8. The market price of refrigerator is ` 10,000. It
4. The annual installment that will discharge a is available on a cash down payment of ` 2000
debt of ` 4200 due in 5 years at 10% simple and 9 monthly installment of ` 1000 each. Find
interest is— the rate of installment.
10% ` `
` 4200 `
(A) ` 760 (B) ` 800
(C) ` 840 (D) ` 700
1
5. ` 14000 was paid in 4 years in 4 annual in- (A) 30 %
3
stallment. If the rate of SI is 10% per annum.
Find the each installment — 1
(B) 32 %
4 ` 14000 4 3
10% 2
(C) 30 %
3
(A) ` 3073.47 (B) ` 3143.47
1
(C) ` 3043.47 (D) ` 3173 (D) 33 %
3

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 Mother's Arithmetic • Simple Interest
9. A loan of ` 848 which has to be paid after 4 14. The discount on a certain sum of money, due
years at simple interest rate of 4% per annum. at the end of 9/4 years at 8/3% p.a. is ` 78.
What will be the sum of each installment to
Find the sum?
pay the loan in equal annual installments?
9/4 8/3%
`
` 78
(A) ` 1,278 (B) ` 1,300
(A) ` 212 (B) ` 200 (C) ` 1,378 (D) ` 1,400
(C) ` 250 (D) ` 225
15. If the true discount on a sum due for 2 years
10. The present worth of ` 1404 due in two equal hence at 14% per annum be ` 168, the sum
half yearly installments at 8% per annum due is —
simple interest is—
2 14%
8% ` 1404
` 168

(A) ` 1325 (B) ` 1300 (A) ` 768 (B) ` 968

(C) ` 1350 (D) ` 1500 (C) ` 1960 (D) ` 2400

11. Irfan took loan from Mukesh of ` 960 at 6% on a 16. The true discount on ` 2562 due 4 months
condition that he would pay it in 4 yearly hence is ` 122. The rate percent is —
instalments. Out of which first 3 instalments
` 2562 4 ` 122
1
would be of the principal and rest amount
4
would be paid in last instalment. Find the 1
amount paid by Irfan in the last instalment. (A) 12% (B) 13 %
3
` 960 6%
(C) 15% (D) 14%
4 3
17. The true discount on a bill due 9 months hence
1
at 16% per annum is ` 189. The amount of the
4
bill is —

(A) ` 325 (B) ` 480 9 16% `

(C) ` 396 (D) ` 384 189

12. If interest on a sum is ` 22 and discount on (A) ` 1386 (B) ` 1764

same sum for same time on same rate is ` 20. (C) ` 1575 (D) ` 2268
Find the sum?
18. Goods were bought for ` 600 and sold on the
` 22 same day for ` 688.50 at a credit of 9 months
` 20 and thus gaining 2% . The rate of interest per
(A) ` 220 (B) ` 200 annum is—
(C) ` 210 (D) ` 212 ` 600 9 `
13. Banker's discount on a bill for 6 months at rate 688.5 2%
of 16% per annum is ` 216. Accordingly, find
actual discount?
16% ` 216 2 1
(A) 16 % (B) 14 %
3 2
(A) ` 200 (B) ` 212
(C) ` 180 (D) ` 210 1
(C) 13 % (D) 15%
3

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 Mother's Arithmetic • Simple Interest
19. A man buys a watch for ` 1950 in cash and
sells it for ` 2200 at a credit of 1 year. If the
Solution
rate of interest is 10% per annum, So the
man— 100 A
1. (D) Installment =
` 1950 1 Rt t 1
100t
` 2200 10% 2
ATQ,
(A) gains ` 55 / ` 55 100 1720
Installment =
(B) gains ` 50 / ` 50 5 4
100 4 4 1
(C) loses ` 30/ ` 30 2
(D) gains ` 30 / ` 30
100 1720
20. A man purchased a cow for ` 3000 and sold it on = = ` 400
the same day for ` 3600, allowing the buyer a 400 30
credit of 2 years. If the rate of interest be 10% 2. (A) Let Rate = R%
per annum, then the man has a gain of— ATQ,
Total Interest = (2200 + 1400 × 5 – 9000) = ` 200
` 3000 `
So,
3600 2
10% 6800×1×R 5400×1×R 4000 1 R
200 = + +
12×100 12×100 12 100
(A) 0% (B) 5%
(C) 7.5% (D) 10% 2600 1 R 1200 1 R
+
21. The total discount on ` 1860 due after a certain 12 100 12 100
time at 5% is ` 60. Find the time after which it R 1200 200
is due?  200 = 20, 000 R = = 12%
1200 20,000
` 1860 5% 3. (C) SI = 11 – 10 = 1
60 principal = 10 + 9 + 8 + 7 + 6 + 5 + 4 + 3 + 2 + 1 =
(A) 9 months (B) 10 months 55
(C) 7 months (D) 8 months PRT
SI =
22. The difference between simple interest and the 100
true discount on ` 2400 due 4 years hence at 55 R 1
5% per annum simple interest is— 1=
100 12
4 5% ` 2400
100 12
R=
(A) ` 70 (B) ` 30 55
(C) ` 50 (D) ` 80 240 9
R= = 21 %
11 11
4. (D) Installment
100 A 100 4200
= Rt =
10 5 5 1
100t t 1 100 5
2 2

100 4200
= = ` 700
600
100 A
5. (C) Installment =
t –1
100t Rt
2

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 Mother's Arithmetic • Simple Interest

100 14000 R 1 8
1000 = 84 1000
4 –1 1200 2
100 4 10
2
1200 1000
=R
1400000 36 1000
=
460 100 1
each installment = 3043.47 R= = 33 %
3 3
9. (B) Amount of installment in S.I.
I installment x II 2x
6. (D) = , 100  A
II installment 2x III 3x
= 100  t  rt (t  1)
Istx 2
IInd2x
Here, A = Amount = 848
IIIrd3x
r = Rate = 4
1 1 t = Time = 4
6x – 16000 = 16000 × + (16000 – x) +
10 10
100  848
Each installment =
1 3
(16000 – 2x) 100  4  4  4 
10 2
 60x – 16000 = 16000 + 16000 – x + 16000 – 3x 100  848
 64x = 208000 =
400  24
 x = 3250
IInd installment = 2x = 2 × 3250
100 848
=
= 6500 424
= 200
7. (B) Cash `4400 Pay ` 2000
` 2440 10. (A) Required sum = P.W. of ` 702 due 6 months
________ hence + P.W. of ` 702 due 1 year hence
` 4440
Interest = ` 4440 – ` 4400 = `40 100 702 100 702
R 1 =` 1 100 8 1
100 8
40 = 2400 × × 2
100 12
R = 20% = ` (675 + 650) = ` 1325

8. (D) Cash ` 10000 Pay ` 2000 11.(D) 1 yr 1 yr 1 yr 1 yr

` 1000 × 9 = 9000 240 240 240
________ +6%
` 11000
+12%
Interest = ` 11000 – ` 10000 = ` 1000
+18%
R 1 R 1
1000 = 8000 × × + 7000 × ×
100 12 100 12 4th installment
R 1 = 240 + (960 × 24% – 240 × 36% )
..... 1000 × × = 240 + [240 × 60% ]
100 12
R 60
1000 = [8 + 7 + 6 ....... + 1]1000 = 240 + 240 ×
1200 100
= 240 + 144 = ` 384
R a l
= N 1000 12. (A)Difference between simple interest and dis-
1200 2
count
Competitive Exams Pdf Notes Previous Years Questions 4
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 Mother's Arithmetic • Simple Interest
= 22 – 20 = ` (1575 + 189) = ` 1764
=`2
18. (A) S.P. after 9 moths = ` 688.5
Difference Profit = 2%
So, R =  100
Discount 688.5
So, C.P. after 9 months = × 100 = 675
2 102
=  100 = 10%
20 ATQ,
P.W. = 600
S.I.  100 Amount = 675
So, principal =
RT Interest = 75
22  100 75 100 2
= = ` 220 Rate = 16 %
10  1 9 = 3
600
12
B.D.  100
13. (A) Actual discount (T.D.) 19. (A) Actual C.P. = P.W. of ` 1950 due 1 year
100  RT
hence
216  100 1950 110
= = = ` 2145
6 100
100  16 
12 S.P. = ` 2200
216  100  Gain = 2200 – 2145 = ` 55
=
100  8
120
= ` 200 20. (A) Actual C.P. = 3000 × = ` 3600
100
14. (C) Total percentage discount applicable = S.P. = ` 3600
1 2 Gain = 0%
2 2 % = 6%
4 3 21. (D) Here, A = 1860, R = 5%
ATQ, TD = 60
6% of principal = ` 78 A R T
Principal = ` 1300  TD =
100 R T
So, Required sum = 1300 + 78 = ` 1378
1860 5 T
100 T.D. 100 168  60 =
100 5T
15. (A) P.W. = = 600
R T 14 2  6000 = 9300T – 300T
 Sum = (P.W. + T.D.)  6000 = 9000T
= ` (600 + 168) = ` 768 2
T= years = 8 months
16. (C) P.W. = ` (2562 – 122) = ` 2440 3
 S.I. on ` 2440 for 4 months = ` 122
22. (D) Given A = 2400, R = 5% , T = 4 year
A R T
100 122  TD =
% 100 R T
 Rate = 1 = 15%
2440
3 2400 4 5
= = ` 400
100 20
17. (B) Let P.W. be ` x.
Then, S.I. on ` x at 16% for 9 months = ` TD R T
 SI – TD =
189 100
9 16 400 5 4
x× = 189 = = ` 80
12 100 100
 x = 1575.
 Sum due = P. W. + T.D.

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