Simple and Compound Interest Aptitude Questions
Simple Interest (SI) Questions:
1. A sum of ■5,000 is lent at 10% simple interest per annum. Find the interest after 3 years.
2. Find the simple interest on ■2,400 at 12.5% per annum for 4 years.
3. A man borrowed ■8,000 at 9% per annum simple interest. How much will he pay after 5 years
(principal + interest)?
Compound Interest (CI) Questions:
4. Find the compound interest on ■10,000 at 10% per annum for 2 years.
5. A sum of ■20,000 is invested at 5% compound interest per annum. What will be the amount after
3 years?