Simple Interest

1. If Rs.2000 amounts to Rs.2500 in 2 years at simple interest,

what is the rate of interest per annum?

2. Raju took a loan at 8% per annum simple interest for a

period of 5 years. At the end of five years he paid Rs.10640
to clear his loan. How much loan did he take?
3. The interest for the 3rd year on a certain sum that at
simple interest is Rs.3000. Find the sum of the interests
accrued on it (in Rs.) for the 6th, 7th and 8th years.
4. Find the present value (in Rs.) of Rs.3000 due after 5 years
at 10% p.a. simple interest.
5. A certain sum that was lent at simple interest amounts to
Rs.25,200 in four years and to Rs.30,600 in seven years.
Find the sum as well as the rate of interest.
6. A sum of money invested at simple interest amounts to
Rs.2480 at the end of four years and Rs.3080 at the end of
eight years. Find the principal.
7. A man invested Rs. 18000 at x% per annum simple interest
for 3 year and earn Rs. 4860. Find out his earnings if he
had invested at (x + 2)%.
8. A man invested Rs. 24000 at x% per annum simple interest
for 3 year and earn Rs. 8660. Find out his earnings if he
had invested at (x - 3)%.
9. A sum of money, doubles in 8 years at simple interest. In
how many years will the sum become 4 times the original
sum?
10. A sum of money becomes seven times itself in 24 years
when invested at simple interest. In how many years will
the sum amount to nine times itself?
11. Under simple interest, due to the fall in the interest rate by
0.5 percentage point my yearly income from savings came
down by Rs.884. Find the savings (in Rs.).
12. Anupam lent a sum of Rs.45,000 to two persons – Rohan
and Mohan at 12% p.a. and 15% p.a. simple interest
respectively. If after two years, the total amount received by
Anirudh is Rs.57,300, how much amount was lent to
Mohan?
13. Bhuwan lent part of Rs.10,000 to Kachara, one of her
friends at 8% SI for 4 years. he invested the remaining
amount at 12% SI. Total income from interest after 4 years
was Rs. 3,800. What was sum (in Rs.) lent to Kachra?
14. Ramavtar deposited Rs. 38500 in accounts of his two sons (
Somu – 8 years, Bantu – 10 years) at 6% per annum such
that on the age of 18 both receives same sum. Find out two
parts.
15. Amar deposited Rs. 72000 in accounts of his two daughters
( Harleen – 15 years, Shweta – 16 years) at 8% per annum
 such that on the age of 21 both receives same sum. Find out
two parts.
16. A sum of money invested at simple interest triples itself in
16 years. If the rate of interest is increased by 3.5
percentage points, in how many years will the sum become
five times itself?

Compound Interest
17. Find out compound interest on Rs. 7000 for 2 years at 8%
per annum.
18. Find out compound interest on Rs. 12000 for 2 years at 10%
per annum.
19. Find out compound interest on Rs. 16000 for 3 years at 5%
per annum.
20. If Rs.2000 amounts to Rs.2880 in 2 years at compound
interest, what is the rate of interest per annum if the
interest is compounded annually?
21. The compound interest on a certain sum of money for 2
years at 10% per annum is Rs. 420. The simple interest on
the same sum at the same rate and for the same time will
be?
22. compound interest on Rs.1,600 lent for 2 years at a certain
rate of interest is Rs.164. Find the simple interest (in Rs.)on
that sum of money for 2 years.
23.
24. Find the difference between SI and CI for 2 years on Rs.
25000 at 6% per annum.
25. The difference between SI and CI for 2 years on Rs. 12000
is Rs. 58.8 find the rate of interest per annum.
26. Find the effective rate of interest (per annum) if the
nominal rate of interest is 10% p.a. and the interest is
compounded every six months.
27. What is the effective rate of interest on a certain sum
invested at 18% p.a. if the interest is compounded every six
months?
28. Find the interest earned (in Rs.) in the first year on Rs.400
at 20% p.a, interest being compounded half-yearly.
29. Equal sums of money are invested for 1 years at 10%
compound interest - one gets compounded annually and the
other half- yearly. Find the difference (in Rs.) between the
amounts at the end of 1 years if the sum invested was Rs.
5,000. Rs. 12.5
30. A person invested a sum of Rs.30,000 at 24% p.a. for one
year. What would be the interest earned if the interest is
compounded half-yearly? Rs.7632
31. If the compound interest on a sum of Rs.75,000 at 10%, p.a.
for t years is Rs.24,825, what is the value of t. 3 Years
32. Swetha invested a sum of Rs.32,000 for three years, interest
being compounded annually. If the rates of interest for the
first, second and third years are 20% p.a., 15% p.a. and 10%
 p.a. respectively, what is the interest earned by Swetha on
her investment. Rs. 16588
33. The difference between the compound interest and simple
interest on a certain sum at 12% per annum for 2 years is
Rs.126.72. Find the sum (in Rs.). Rs. 8800
34. If the difference between the simple interest and the
compound interest on a sum of money at 15% p.a. for two
years is Rs.360, find the sum. Rs. 16000
35. If the simple interest on certain sum for 2 years is Rs. 1200
and compound interest on same sum at same rate of
interest is Rs. 1248, then find the sum. Rs. 15000
36. If the simple interest on a certain sum of money at the end
of two years is Rs.800 and the corresponding value of
compound interest on the same sum is Rs.832, what is the
sum and the rate of interest? Rs. 20000
37. The interest on a certain sum lent at compound interest,
the interest being compounded annually, in the 2nd year is
Rs.1200. The interest on it in the 3rd year is Rs.1440. Find
the rate of interest per annum. 20% PA
38. The compound interest on a certain amount, at a certain
rate of interest, for the third and fourth years was
Rs.11,520 and Rs.13,824 respectively. Find the rate 20% PA
39. A sum of money invested at compound interest triples itself
in 16 years. In how many years will it become 27 times of
itself? 48 years
40. If Rs.13200 is to be due in 3 years at the rate of 10% p.a.,
interest being simple. Find out equal annual instalment to
repay the loan. Rs. 4000
41. The compound interest for the 4th year on a certain sum is
Rs.2000 and the compound interest for the 7th year on the
same sum is Rs.2662. If interest is compounded annually,
what is the annual rate of interest? 10% PA
42. A sum of money is lent at a certain rate of interest at
compound interest. If, instead the same amount was lent at
simple interest the interest for the first two years reduces
by Rs.160 and that for the first three years reduces by
Rs.488. Find the sum? Rs. 64000
43. Anup borrows Rs.7700 at the rate of 20% p.a., interest
being compounded annually. If he wants to repay it in two
equal annual instalments, what is the value of each
instalment? Rs. 5040
44. The difference in compound interests earned on a certain
sum, for which the interest is compounded annually, in the
first and the second year is Rs.140. If the rate of interest
becomes thrice the original rate, then the difference in the
amounts (in Rs.) would be . Rs. 1260
45. Anand borrows Rs.10000 at the rate of 10% p.a., interest
being compounded annually. If he wants to repay it in three
equal annual instalments, what is the value of each
instalment? Rs 4021.14
46. A sum of money becomes Rs. 18000 in 2 years and Rs.
20000 in 4 years. Find the sum if interest is being
compounded annually. Rs. 16200
47. A sum of money becomes Rs. 5600 in 1.5 years and Rs. 6400
in 3 years. Find the sum if interest is being compounded
semi-annually. Rs. 4900