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Simple Interest

The document provides a series of problems and solutions related to calculating simple interest for various principal amounts, rates, and time periods. It includes examples with calculations for different scenarios, such as investments and loans, to determine the simple interest earned or paid. The document also includes multiple-choice answers for each problem to facilitate understanding and practice.

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0% found this document useful (0 votes)
2 views12 pages

Simple Interest

The document provides a series of problems and solutions related to calculating simple interest for various principal amounts, rates, and time periods. It includes examples with calculations for different scenarios, such as investments and loans, to determine the simple interest earned or paid. The document also includes multiple-choice answers for each problem to facilitate understanding and practice.

Uploaded by

greysondamon40
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF or read online on Scribd
Simple interest TNPSC © 1. Find the simple interest on Rs 5000 at 10% per annum for 5 years. DIES EH 5000 6d 10% auLy ASSHod 5 groin Gas ons 6 Soofloutig ssrrosores? A. 3500 B. 1500 C. 2500 D. 2000 [5a] 5000 = 100% 500 = 10% (1yn) 500 x 5 = 2500 [8.1 = 2500] 2. Ashok deposited Rs 10,000 in a bank at the rate of 8% per annum. Find the simple interest for 5 years. 2Geré 10,000 eRLiTEMW euruHuNed 8% Cully BSSH SOHO Qawssmg.5 AAsirPaaler Noms Gid Soofl euLigenusss sresorss. A. 2000 B. 40,000 C. 4000 D. 5000 5x8 =40% 10000 = 100% 1000 = 10% 4000 = 40% [ST = 4000] 3. Kamal invested Rs 3000 for 1 year at 7% per annum. Find the simple interest and the amount received by him at the end of the year. BLOG QU AYSTOTIA!DG 7% ouLtg. HHHHd eth 3000 EpHoEH Geiss. euLig Lip Quod 5 Agsrensonu sreiores. A. 210, 3210 B. 200, 3200 C. 150, 3150 D. 260, 3260 3000 = 100% 30 =1% 210 =7% 3000 + 210 = 3210 [4 = 3210] 4. Simple interest on Rs 1000 at 10% for 2 years A.100 B. 200 C. 150 D. 1200 (5 1000 &G 10% oully ASH 2 A sio1HaeHaG Sorfloucty. 1000 = 100% 100 = 10% 200 = 20% S.1= 200 Q1. The simple interest on Rs 7500 at 6% per annum for 8 years... (Find the simple interest) © 750056 6% [Link] ssid 8 ayciorGlascir [Link]. ereivoustroy? A, 4200 B, 3600 C. 2400 D. 3400 Solution: 7500 = 100% 75=1% Tyear = 6% 8 year = 48% 48 *75 = 3600 S.1= 3600 Q2. Find the simple interest on Rs 7500 at 8% per annum for 1 year 6 months. € 75005 6 8% Hevflauciy 8551 1 uchLtd 6 worssruusssir Geoflout ty ersusuerey? A. 600 B.900 C. 800 D. 500 Solution: 1 year = 100% 75=1% 600 = 8% (1 yr) 300 = (6 mon) S.1= 900 Q3. The simple interest on Rs 68000 at 16 2/3% per annum for 9 months is Rs... © 6800086 16 2/3% ESAS 9 onSSHD SG SooflouLty sreusustroy? A. 8200 B. 8300 C. 8400 D. 8500 Solution: 68000 * 16 2/3% * 9/12 = 68000 * 1/6 * 3/4 S.1= 8500 Q4. What is the simple interest earned on Rs 20,000 in 3 months at rate of 5% per annum? (20,0005 6 5% aulig SESH 3 corns hes 6H Sooflout tg orsuoustr9y? A. 250 B. 100 C. 125 D.50 Solution: 20000 = 100% 1000 = 5% (1 yr) 1000 / 4 = 250 S.1=250 Find the simple interest for Rs 6750 for 219 days at 10% per annum. 6750 5G 219 HLG CHEE 10% oulily AHSSHled SooflouL ly sresores. ‘A. Rs 405 B. 155 C. 450 D. 350 Working: 6751 100% 135 = 10% 135 x 2 > S.1= 405 Right side calculation: 219d = 2 yr 10. Find simple interest for Rs 10,950 for 42 days at 10% p.a. Rs 10,950 arsiniy SFO 42 HLS EHS |G 10% FooflauLy is sAHov Foofloutig eréucuerray? A.116B.74€. 126. 108 Working: 10950 = 100% 1095 = 10% 1095 x & = 126 S1 11. Find the simple interest on Rs 1000 from April 09 2010 to June 9 2010 at 7£% per annum. AMSG 7} % OuLiy oHHSHlod gLuped 9 2010 upsoo aOobr 9 2010 ouemps Gwd @ 1000 Sasrreor Seofleuly steusuctrey? A. 1274 B. 12.50 C. 13.07 D. 13.50 Working: 1000 = 100% 75 = 74% Days: 21+31+9=61 Bx = a1274 Ans: 12.74 12. Raghul borrowed Rs 4000 on 7th of June 2006. He returned it on (19th) August 2006. Find the amount he paid. If interest is calculated at 5% per annum, TMGed 76.2006 Isbrp) eH 4000 Serra QujdD) Bons 19-8-2006 sir) A Gu Ges Senn 5% oly AsSHAev ioug ess Oonsss Agron? A. 4010 B. 3500 C. 4200 D. 4040. Working: 4000 = 100% 200 = 5% Days: 23+31+19=73d= tyr 200x 2 = 40 4000 + 40 = 4040 Ans: 4040 13. What will be the simple interest earned on an amount of Rs 16,800 in 9 months at the rate of 61% pa? A. 697.75 B. 787.50 C. 522.50 D. 897.60 G 16.800 5G 9 ons HiBsMed aystorigiG 61% oucty SSL Sooflouig saree, 16800 = 100% 1680 = 10% 420 = 2.5% 2100 = 12.5% 1050 = 6.25% 3 x 1050 = 787.50 Ans = 787.50 14. The simple interest at 5% per annum for 5 years will be Rs 5 on a principal of BG HFS BF) 5% lly ASSH\O 5 gy sirGsor [Link]. eo 5 stooflev AEH oréuousray? A.5B.10C.20D.20 15. 16. 17. The simple interest > x% for x years will be Rs x on a principal of BO DIFOTARTEs x% oLyeHsS Hw x ugHmusserfled eo x [Link] SOAS) stoAev. [Link]. 2c. 10x. P= 100% SI=RxT 22 ico 5 tod x Xxx X Find the principal that will yield a simple interest of Rs 300 in 3 years at 2% rate of interest per annum AGG [Link] oid 2% ofstd 3 gy cir Gacir Soofleut_tg. em 300 SEHD Died srousustray? [Link] 000 B. 3,000 C. 2000 D. 1000. Lyr = 100 = 2% 50 = 1% 5000 = 100% P: 5000 A bank gives 6% SI on deposits. Find the amount to be deposited to earn an interest of Rs 45 in one year. 2G UHAUTETE nauliySs sTonsss 6% Soofleucy uprues ogy. pF AST 45 aly CUNUSHS stousuctay mais Qs irons Qegyss Cousin Glib? ‘A. 450 B. 750 C. 1000 D. 190. 45 = 6% 15 =2% 75 = 10% 100% = 750. 18. If the rate of simple interest is 12% per annum then find the amount that would get interest of Rs 6000 per annum. aulig oS Std 12% [Link] OSH eo 6000-40 PUHSUHL suLiguTES GanGsewd see Agron siredores, A. 82000 B. 50,000 C. 72000 D. 45,000 Calculation: 12% = 6000 — 2% = 1000 + 1% = 500 + 100% = 50000 19. The simple interest on a certain sum for 3 years at 14% per annum is Rs 210. The sum is APTOS ES 14% culty FSH OH SMUILL Osrensdssrost 3 uc auLLig. @ 210 stenfled seed GlstTames sretoTEs. A. 450 B. 600 C. 500 D. 630 Calculation:3 yr = 210 = 1 yr = 70 > 14% = 70 = 2% = 10 + 1% = 5 + 100% = 500 20. A certain sum of money amounts to Rs 6372 in 3 years at 6% on simple interest. Find the principal. BG GUAAILL rs Agmenssusmosrgy 6% HorflauLig ois sHed 3 AST FEcAcd et 6372 a4 LomMIA\MSy croxfled oS seis. A. 5000 B. 4500 €. 5,400 D. 4000 Calculation: 100 + (3 x 6) = 100 + 18% = 118% = 6372 P= 2 x 100 = 5400 21. A certain sum of money amounts to Rs 10,080 in 5 years at 8%. Find the principal. BE GMUOICL g156 Asrensusroorgy 8% curly SSSA 5 oust Gaserfled @ 10,080 ane omMAlDgy srosfled o1e6v esrrsvores. 4.7200 B. 7000 C. 6200 D. 7300 ope 140 _ 10080 Calculation: 55 = Sx8=40 > 140% 10080 “Tay 100 = 7200 22. Acertain sum of money amounts to Rs 20,160 in 5 years at 8% interest per annum find the principal. BG GMCUILL As rensuirerrgy 8% [Link] ASSH\0 5 gy sit Gascrfled ew 20,160 a4 51g! stonflev o1Fensvs siresorss ‘A. 14,000 | B. 14,100 | C. 14,200 | D. Rs 14,400 Calculation: 4 x = 20160 => = 14400 23. What will be the amount a man would get if he invests Rs 10,000 at 9% per annum simple interest for 3 years? PGT CG 10,000 gp asin SG 9% SerfleuLy 8s SHv apeirgy aysiiGessir VSO AeWisne 2uGHSGS ALS Gw ons ss Asana sevouoray? A. 12,500 | B. 11,800 | C. Rs 12,700 | D. 12,000 Calculation: 10000 x z x3 = 2700 => A = 10000 + 2700 = 12700 24. Mala invested Rs 5000 for two years at 11% per annum. Find the total amount received by her at the end of 2 years. LorTeur aysior Fld 1% eurLy 8552560 em 5000 gp Qipodor) aysioressir YSSH AsWAOMG. QyainG aycirGasr yale gout Quy Qond5s Agrees esmaisrss. A. 5100 | B. 6200 | C. 6100 | D. 5200 Calculation: 5000 = 100%,50 = 1%,550 = 11% => 550 x 2 = 1100 => 5000 + 1100 = Rs 6100 25. If an investor wants to receive Rs 10,000 as simple interest every month and rate of interest is 8% per annum then the amount he should invest is BG YSCLLroTT UG Shans (IHSSLysd E 10,000 Qup a joYyAoMiF ADE 8% uly iF steoflevd Sout steusustsy (PSS Cletus Goussor Gio? A.25L|B.20|C. 15 Lakhs | D. 8 Calculation: 10k x 12 = 1,20,000 => 1,20, 000 = 8% => 15000 = 1% => 100 % = 15L 26. Vinay invested Rs 10,000 at the rate of 5% simple interest per annum. He received Rs 11,000 after some years. Find the number of years. aMlggiil ® 10,000 gg 5% Sool uly MASSHd Ip HSG Gervsgsni. oul guy ir Cais Agsrenswires 1000 igor ersafled aysiorGessir? A3 B.2 years C4 DA. 11000 — 10000 = 1000 S.I. 10000 = 100% &. 5%(1 yr) 1000 = 10%(2 yr) 27. Asum of money increases 5 times as principal at 8% per annum over a certain year. Find the number of years. BG Asrans ss OnLw Jc CuuTs 5 wLMETADS! ase oly. ASL 8% ctovfled Sono Asin Gacifloor sraivrenflésons? A285 B50 C.75 D.100 nxr=(m—1)x 100 nx8= (5-1) x 100 = 40 = @ =50. 0 n 28. At what rate of Sl. Rs 4000 will amount to Rs 5000 in 4 years. 2 4000 aysorgy 4 asi Glsarled 2 5000 ang steofled [Link] oNASid wig? B.6% C.54% 3 D.65% — 1000 SLs 250. 4000 = 100%

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